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Economy of Ethiopia vs Mauritius compared: GDP & Debt

Updated on by Georank team

Ethiopia has a GDP of $150B compared to $14.9B for Mauritius, ranking 60/197 and 143/197 by economy size, respectively.

Ethiopia has $48.9B in government debt (32.7% of GDP), compared to $13.6B (91.1% of GDP) in Mauritius.

Ethiopia vs Mauritius GDP by year

Ethiopia
Mauritius
1x
Year GDP, current $
Ethiopia Mauritius
2024 $149,740,297,953 $14,937,861,786
2023 $135,874,093,202 $14,072,212,290
2022 $123,140,304,666 $12,936,444,123
2021 $109,070,960,372 $11,622,048,697
2020 $98,676,811,061 $11,566,111,138
2019 $91,834,517,113 $14,645,235,205
2018 $83,337,901,072 $14,957,535,716
2017 $76,366,081,767 $13,896,938,315
2016 $68,475,871,210 $12,757,680,847
2015 $62,103,418,182 $12,162,211,503
2014 $55,612,228,234 $13,230,490,082
2013 $47,648,276,605 $12,434,596,541
2012 $43,310,721,414 $11,832,323,837
2011 $31,952,763,089 $11,677,718,382
2010 $29,933,790,334 $10,144,716,155
2009 $32,437,389,116 $9,264,513,545
2008 $27,066,912,635 $10,127,777,060
2007 $19,707,616,773 $8,277,442,915
2006 $15,280,861,835 $7,137,710,413
2005 $12,401,139,454 $6,576,108,447
2004 $10,131,187,261 $6,667,418,752
2003 $8,623,691,300 $5,894,873,920
2002 $7,850,809,498 $4,906,494,249
2001 $8,231,326,016 $4,675,755,867
2000 $8,242,349,618 $4,726,108,622
1999 $7,892,973,532 $4,402,193,195
1998 $8,013,274,132 $4,225,813,976
1997 $8,803,539,988 $4,243,755,308
1996 $8,761,215,548 $4,481,489,762
1995 $7,855,205,207 $4,094,741,652
1994 $7,100,806,754 $3,606,050,873
1993 $9,051,043,870 $3,307,302,126
1992 $10,754,799,037 $3,267,677,814
1991 $13,799,799,324 $2,895,354,736
1990 $12,478,943,895 $2,689,212,760
1989 $11,762,932,007 $2,211,312,823
1988 $11,181,119,718 $2,163,252,449
1987 $10,790,001,558 $1,906,174,438
1986 $10,094,328,898 $1,482,601,552
1985 $9,717,392,687 $1,090,611,325
1984 $8,298,309,581 $1,054,564,759
1983 $8,781,664,427 $1,104,956,573
1982 $7,899,988,841 $1,092,923,636
1981 $7,507,663,567 $1,157,769,444
1980 $7,012,585,454 $1,147,027,924
1979 $6,586,048,398 $1,227,446,632
1978 $6,014,961,435 $1,029,040,323
1977 $5,651,840,585 $834,722,972
1976 $4,943,806,093 $713,510,052
1975 $4,577,047,854 $673,311,287
1974 $4,577,209,966 $669,894,030
1973 $4,070,570,550 $404,285,775
1972 $3,520,252,938 $318,664,900
1971 $3,224,280,835 $251,437,338
1970 $3,045,354,455 $224,125,805
1969 $2,768,987,372 $221,553,613
1968 $2,619,948,865 $206,576,631
1967 $2,461,762,003 $238,439,291
1966 $2,324,466,416 $227,534,083
1965 $2,159,998,591 $230,024,161
1964 $1,984,129,186 $218,914,569
1963 $1,825,058,828 $253,839,558
1962 $1,747,566,307 $197,738,208
1961 $1,680,859,514 $191,757,729
1960 $1,610,511,694 $162,089,564

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/ethiopia/mauritius | CC BY

GDP per capita in Ethiopia vs Mauritius by year

Ethiopia
GDP per capita

GDP per capita, PPP
Mauritius
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ethiopia Mauritius
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,134 $3,288 $11,991 $31,840
2023 $1,056 $3,061 $11,270 $29,561
2022 $982 $2,845 $10,247 $26,874
2021 $893 $2,588 $9,178 $23,010
2020 $830 $2,407 $9,136 $21,622
2019 $793 $2,242 $11,568 $24,375
2018 $740 $2,095 $11,819 $23,416
2017 $696 $2,005 $10,987 $22,898
2016 $642 $1,858 $10,095 $21,952
2015 $598 $1,633 $9,631 $20,270
2014 $550 $1,485 $10,490 $19,294
2013 $484 $1,253 $9,877 $18,435
2012 $452 $1,179 $9,422 $17,259
2011 $343 $1,098 $9,324 $16,884
2010 $331 $996 $8,113 $15,920
2009 $369 $899 $7,427 $15,105
2008 $316 $845 $8,141 $14,569
2007 $237.1 $770 $6,677 $13,612
2006 $189.3 $693 $5,784 $12,593
2005 $158.2 $625 $5,354 $11,703
2004 $133.2 $558 $5,461 $11,216
2003 $116.8 $493 $4,858 $10,535
2002 $109.6 $509 $4,073 $9,824
2001 $118.5 $509 $3,909 $9,586
2000 $122.3 $474 $3,982 $9,143
1999 $120.7 $450 $3,746 $8,344
1998 $126.5 $436 $3,642 $8,121
1997 $143.4 $461 $3,696 $7,651
1996 $147.3 $453 $3,952 $7,206
1995 $136.5 $409 $3,648 $6,771
1994 $127.7 $391 $3,240 $6,414
1993 $168.5 $384 $3,014 $6,116
1992 $207.4 $343 $3,013 $5,753
1991 $277.6 $383 $2,705 $5,351
1990 $262.1 $417 $2,540 $5,010
1989 $256.4 - $2,103 -
1988 $253.2 - $2,074 -
1987 $254.1 - $1,840 -
1986 $246 - $1,442 -
1985 $243.9 - $1,069 -
1984 $214.2 - $1,042 -
1983 $232.7 - $1,103 -
1982 $215.3 - $1,101 -
1981 $212.7 - $1,181 -
1980 $203.7 - $1,187 -
1979 $192.4 - $1,292 -
1978 $178.3 - $1,102 -
1977 $170.4 - $906 -
1976 $152 - $787 -
1975 $144.3 - $755 -
1974 $147.9 - $763 -
1973 $134.9 - $467 -
1972 $119.8 - $374 -
1971 $112.7 - $299.6 -
1970 $109.4 - $271.3 -
1969 $102.3 - $272.7 -
1968 $99.5 - $258.7 -
1967 $96.1 - $304 -
1966 $93.2 - $296 -
1965 $88.9 - $305 -
1964 $83.8 - $297.3 -
1963 $79.2 - $353 -
1962 $77.8 - $282.3 -
1961 $76.7 - $281.7 -
1960 $75.3 - $238.3 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/ethiopia/mauritius | CC BY

Ethiopia's GDP per capita is $1,134, ranking 171/197, compared to $11,991 in Mauritius, ranking 78/197. Adjusted for purchasing power (GDP per capita PPP), Ethiopia ranks 175th at $3,288, while Mauritius ranks 71st at $31,840.

Economic indicators

Ethiopia Mauritius
Gross domestic product
$150B
2024
$14.9B
2024
GDP rank
60/197
2024
143/197
2024
GDP growth
7.61%
2023-2024
4.93%
2023-2024
GDP per capita
$1,134
2024
$11,991
2024
GDP per capita rank
171/197
2024
78/197
2024
GDP per capita, PPP
$3,288
2024
$31,840
2024
GDP per capita PPP rank
175/197
2024
71/197
2024
Government debt
$48.9B
2024
$13.6B
2024
Debt-to-GDP ratio
32.7%
2024
91.1%
2024
Government debt per person
$370
2024
$10,929
2024
Government debt per person rank
172/185
2024
54/185
2024
Average annual personal income after taxes
$1,946
2026
$7,203
2026
Market capitalization of domestic companies n/a
$9.12B
2024
Income share by richest 10%
24.8%
2021
29.9%
2017
Income share by poorest 10%
3.5%
2021
2.9%
2017
Government expenditure, % of GDP
9.54%
2024
33.7%
2024
Consumer prices inflation
21%
2023-2024
3.6%
2023-2024
Central bank interest rate n/a
4.5%
2025
Unemployment rate
3.94%
2021
5.21%
2024
Population
139917664
1240121

Spending and national debt comparison by year

Ethiopia
Spending

Debt
Mauritius
Spending

Debt
1x
Year % of GDP
Ethiopia Mauritius
Government spending Government debt Government spending Government debt
2024 9.54% 32.7% 33.7% 91.1%
2023 10.8% 38.7% 29.9% 85.6%
2022 12.7% 46.9% 29.4% 86.9%
2021 13.8% 53.8% 30.8% 93.8%
2020 14.5% 53.7% 32.6% 93.4%
2019 15.4% 54.7% 27.8% 74.6%
2018 16.1% 58.4% 24.3% 64.1%
2017 18% 55.3% 24.3% 63%
2016 17.9% 51.8% 24% 64.3%
2015 17.3% 50.7% 24.5% 65%
2014 17.5% 44.2% 23% 60.6%
2013 17.8% 44.1% 24.1% 58.2%
2012 16.6% 39.4% 22.5% 55.9%
2011 18.2% 44.6% 23.7% 56.5%
2010 18.5% 39.4% 24% 56.4%
2009 17.1% 30% 25.2% 58.4%
2008 18.8% 56.1% 22.7% 49.4%
2007 20.5% 55.7% 21.5% 51.6%
2006 22.1% 79.6% 22.2% 59.3%
2005 22.9% 78.2% 23% 61.7%
2004 23.1% 103.1% 22.6% 61.1%
2003 27% 103.7% 23.4% 70.8%
2002 24.9% 107.4% 23.3% 66.7%
2001 22.4% 97.3% 22.4% 60.5%
2000 25.6% 93.6% 22.2% 59.7%
1999 25.8% 94.3% 27.5% -
1998 20.4% 86% 26.6% -
1997 17.3% 77.4% 27.5% -
1996 18.2% 129% 27.4% -
1995 16.9% 142.3% 27.3% -
1994 17.1% 150.7% 27.5% -
1993 13.4% 136.9% 24.5% -
1992 13.8% 85.4% 26.8% -
1991 16.8% 89.3% 27.2% -
1990 20.3% 91.6% 30.2% -
1989 24% 84.7% - -
1988 21.6% 84.3% - -
1987 18.4% 82.3% - -
1986 19.8% 75.7% - -
1985 19.7% 67.7% - -
1984 18.8% 65.4% - -
1983 21.3% 55.2% - -
1982 16.4% 48.8% - -
1981 14.2% 30.6% - -
1980 13.5% 18.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1991, retrieved 2026-02-20).

GeoRank.org/economy/ethiopia/mauritius | CC BY

In 2024, Ethiopia's government spending was $14.3B, accounting for 9.54% of its GDP, while Mauritius spent $5.03B, or 33.7% of GDP.

Debt-to-GDP ratio is 32.7% in Ethiopia and 91.1% in Mauritius, ranking 150/185 and 30/185, respectively.

Government deficit by year

Deficit/surplus
Ethiopia

Mauritius
1x
Year Deficit/surplus, % of GDP
Ethiopia Mauritius
2024 -1.99% -7.47%
2023 -2.6% -4.7%
2022 -4.16% -3.34%
2021 -2.77% -4.45%
2020 -2.76% -10.6%
2019 -2.53% -7.53%
2018 -3.03% -2.19%
2017 -3.24% -1.66%
2016 -2.3% -2.81%
2015 -1.95% -3.59%
2014 -2.58% -3.13%
2013 -1.93% -3.4%
2012 -1.17% -1.78%
2011 -1.61% -3.09%
2010 -1.32% -3.07%
2009 -0.93% -3.41%
2008 -2.88% -2.66%
2007 -3.57% -3.09%
2006 -3.79% -4.14%
2005 -4.12% -4.44%
2004 -2.65% -4.34%
2003 -5.59% -4.82%
2002 -5.76% -5.18%
2001 -3.76% -5.53%
2000 -8.88% -4.4%
1999 -8.23% -
1998 -3.51% -
1997 -1.7% -
1996 -3.81% -
1995 -2.68% -
1994 -5.23% -
1993 -4% -
1992 -4.78% -
1991 -5.83% -
1990 -6.66% -
1989 -4.33% -
1988 -3.48% -
1987 -3.54% -
1986 -3.98% -
1985 -4.71% -
1984 -3.69% -
1983 -7.59% -
1982 -3.6% -
1981 -2.19% -
1980 -2.56% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

GeoRank.org/economy/ethiopia/mauritius | CC BY

In 2024, Ethiopia's government deficit, the difference between spending and revenue, was $2.98B, equivalent to 1.99% of GDP. This compares to Mauritius' deficit of $1.12B, or 7.47% of GDP.

Over the past 25 years, Ethiopia recorded a fiscal deficit in 25 of those years, while Mauritius ran a deficit in 25 years. On average, Ethiopia posted an annual deficit equal to 3.12% of GDP, compared to deficit of 4.19% of GDP for Mauritius.

Inflation comparison by year

Inflation
Ethiopia

Mauritius
1x
Year Consumer prices inflation
Ethiopia Mauritius
2024 21% 3.6%
2023 30.2% 7.05%
2022 33.9% 10.8%
2021 26.8% 4.03%
2020 20.4% 2.58%
2019 15.8% 0.41%
2018 13.8% 3.22%
2017 10.7% 3.67%
2016 6.63% 0.98%
2015 9.57% 1.29%
2014 6.89% 3.22%
2013 7.46% 3.54%
2012 23.6% 3.85%
2011 33.2% 6.52%
2010 8.15% 2.93%
2009 8.48% 2.52%
2008 44.4% 9.73%
2007 17.2% 8.83%
2006 12.3% 8.91%
2005 9.97% 4.94%
2004 3.33% 4.71%
2003 13.7% 3.92%
2002 0.68% 6.42%
2001 -8.24% 5.39%
2000 0.66% 4.2%
1999 7.94% 6.91%
1998 0.89% 6.81%
1997 2.4% 6.83%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/ethiopia/mauritius | CC BY

Over the past 28 years, Ethiopia has recorded an average annual inflation rate of 13.6%, compared with 4.92% in Mauritius. In 2024, inflation was 21% in Ethiopia and 3.6% in Mauritius.

Top exports between countries

Ethiopia
Export category Export value
Textiles & consumer goods $328K
Machinery & equipment $263K
Raw agricultural goods $76K
Precious metals & jewellery $7K
Metals $1K
Wood & paper products $1K
Mauritius
Export category Export value
Textiles & consumer goods $35K
Wood & paper products $12K
Miscellaneous $5K
Machinery & equipment $4K
Metals $1K
Raw materials & minerals $1K

Balance of trade

Ethiopia Mauritius
Current account balance
-$3.79B
2024
-$1.05B
2024
Current account balance ranking
160/190
2024
126/190
2024
Current account balance, % of GDP
-2.53%
2024
-7.03%
2024
Goods imports
$19.6B
2024
$6.35B
2024
Goods exports
$5.58B
2024
$2.37B
2024
Service imports
$5.51B
2024
$2.28B
2024
Service exports
$7.61B
2024
$4.19B
2024
Imports of goods and services, % of GDP
11.9%
2024
78.3%
2024
Exports of goods and services, % of GDP
5.54%
2024
67.1%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Ethiopia Mauritius
Economic freedom 48.1 73
Economic freedom ranking 171/197 26/197
Property rights 22.1 83.9
Government integrity 33.2 53.4
Judicial effectiveness 19.1 80.7
Tax burden 78.6 89.6
Government spending 96.4 73.8
Fiscal health 84.3 45.5
Business freedom 44.5 81.5
Labor freedom 37.8 69.6
Monetary freedom 53.7 70.7
Trade freedom 57.4 87
Investment freedom 30 70
Financial freedom 20 70

Economic freedom comparison by year

Ethiopia
Mauritius
1x
Year Economic freedom index
Ethiopia Mauritius
2026 48.1 73
2025 48.1 75
2024 47.9 71.5
2023 48.3 70.6
2022 49.6 70.9
2021 51.7 77
2020 53.6 74.9
2019 53.6 73
2018 52.8 75.1
2017 52.7 74.7
2016 51.5 74.7
2015 51.5 76.4
2014 50 76.5
2013 49.4 76.9
2012 52 77
2011 50.5 76.2
2010 51.2 76.3
2009 53 74.3
2008 52.5 72.6
2007 53.6 69.4
2006 50.9 67.4
2005 51.1 67.2
2004 54.5 64.3
2003 48.8 64.4
2002 49.8 67.7
2001 48.9 66.4
2000 50.2 67.2
1999 46.7 68.5
1998 49.2 -
1997 48.1 -
1996 45.9 -
1995 42.6 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/ethiopia/mauritius | CC BY

The Economic Freedom Index for Ethiopia is 48.1, ranking 171/197, compared to 73 for Mauritius, ranking 26/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Ethiopia Mauritius
Services, % of GDP
37.5%
2024
64.4%
2024
Industry, % of GDP
25.4%
2024
17.8%
2024
Agriculture, forestry, and fishing, % of GDP
34.8%
2024
4.23%
2024
GNI, Atlas method
$146B
2024
$16.2B
2024
GNI per capita, PPP
$3,280
2024
$35,100
2024
Total reserves including gold
$3.78B
2024
$8.51B
2024
Total reserves ranking
109/177
2024
83/177
2024
Net foreign direct investment
-$4.02B
2024
$963M
2024
Net inflows of foreign direct investment
$4.02B
2024
$681M
2024
Net outflows of foreign direct investment
$0
2024
$38.3M
2024
Servicing debt to the IMF, % of GNI
0.91%
2024
10.1%
2024
Poverty at national poverty lines
33.1%
2021
8.4%
2023
Gross capital formation, % of GDP
20.6%
2024
21.2%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/ethiopia/mauritius | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1991, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2023, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.