Total Expenditure of General Government for Ethiopia
ETHGGXG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.28
Year-over-Year Change
-29.75%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Total Expenditure of General Government for Ethiopia' metric measures the total spending by the Ethiopian government, including on public services, social programs, and infrastructure. This data is crucial for economists and policymakers to assess the scale and priorities of the public sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total expenditures made by the Ethiopian government across all levels, from federal to local. It includes spending on public administration, defense, health, education, social protection, and other government functions. Analyzing this data provides insights into the size and composition of Ethiopia's public sector and fiscal policy.
Methodology
The data is collected and reported by the International Monetary Fund (IMF) based on submissions from the Ethiopian government.
Historical Context
Policymakers and analysts use this metric to evaluate the scope of the Ethiopian government's role in the economy and the allocation of public resources.
Key Facts
- Ethiopia's total government expenditure was 24.7% of GDP in 2020.
- Public spending on education was 4.7% of GDP in Ethiopia in 2020.
- Health expenditure by the Ethiopian government was 1.1% of GDP in 2020.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total expenditures made by the Ethiopian government at all levels, including spending on public services, social programs, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: Analyzing this data provides insights into the size and priorities of Ethiopia's public sector, which is crucial for evaluating the government's fiscal policy and role in the economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund (IMF) based on submissions from the Ethiopian government.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the scope of the Ethiopian government's role in the economy and the allocation of public resources.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates by the IMF and the Ethiopian government.
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Citation
U.S. Federal Reserve, Total Expenditure of General Government for Ethiopia (ETHGGXG01GDPPT), retrieved from FRED.