Ethiopia vs Somalia: External balance on goods and services

Ethiopia
-8.71 billion current US$
in 2025
Somalia
-9.04 billion current US$
in 2025
Ethiopia rank
165th
Somalia rank
168th

External balance on goods and services over time

  • Ethiopia
  • Somalia
-15.0B-10.0B-5.0B0196019922025

How they compare

Ethiopia currently reports -8.71 billion current US$ against -9.04 billion current US$ in Somalia, a difference of 331.31 million current US$.

The two have swapped places 1 time across 14 shared years of data; in 2012 it was Somalia ahead.

Ethiopia ranks 165th and Somalia ranks 168th of 192 countries.

Somalia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Ethiopia Somalia Difference Ahead
2010s -10.94 billion current US$ -2.88 billion current US$ 8.06 billion current US$ Somalia
2020s -10.04 billion current US$ -6.32 billion current US$ 3.72 billion current US$ Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Ethiopia or Somalia?
Ethiopia, at -8.71 billion current US$ against -9.04 billion current US$ in Somalia as of 2025.
What is the difference in external balance on goods and services between Ethiopia and Somalia?
331.31 million current US$, with Ethiopia ahead.
How many years of comparable data are there for Ethiopia and Somalia?
14 years are reported by both, from 2012 to 2025.
How do Ethiopia and Somalia rank globally for external balance on goods and services?
Ethiopia ranks 165th and Somalia ranks 168th of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ethiopia vs Somalia: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 28 August 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us/ethiopia/somalia-fed-rep/

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About this data

Indicator
External balance on goods and services (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,040 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.