Ethiopia vs Zambia: Total reserves

Ethiopia
3.78 billion includes gold, current US$
in 2024
Zambia
4.09 billion includes gold, current US$
in 2024
Ethiopia rank
115th
Zambia rank
113th

Total reserves over time

  • Ethiopia
  • Zambia
01.0B2.0B3.0B4.0B196019922024

How they compare

Zambia currently reports 4.09 billion includes gold, current US$ against 3.78 billion includes gold, current US$ in Ethiopia, a difference of 305.44 million includes gold, current US$.

That makes Zambia's figure about 1.1 times Ethiopia's.

The two have swapped places 8 times across 59 shared years of data; in 1965 it was Zambia ahead.

Ethiopia ranks 115th and Zambia ranks 113th of 181 countries.

Across the 7 decades both report, Ethiopia averaged higher in 5 and Zambia in 2.

Head to head by decade

Decade Ethiopia Zambia Difference Ahead
1960s 72.07 million includes gold, current US$ 235.88 million includes gold, current US$ 163.81 million includes gold, current US$ Zambia
1970s 219.47 million includes gold, current US$ 203.82 million includes gold, current US$ 15.65 million includes gold, current US$ Ethiopia
1980s 226.95 million includes gold, current US$ 134.38 million includes gold, current US$ 92.57 million includes gold, current US$ Ethiopia
1990s 515.65 million includes gold, current US$ 183.71 million includes gold, current US$ 331.94 million includes gold, current US$ Ethiopia
2000s 1.01 billion includes gold, current US$ 690.54 million includes gold, current US$ 321.66 million includes gold, current US$ Ethiopia
2010s 3.02 billion includes gold, current US$ 2.36 billion includes gold, current US$ 651.84 million includes gold, current US$ Ethiopia
2020s 2.34 billion includes gold, current US$ 2.84 billion includes gold, current US$ 498.70 million includes gold, current US$ Zambia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves, Ethiopia or Zambia?
Zambia, at 4.09 billion includes gold, current US$ against 3.78 billion includes gold, current US$ in Ethiopia as of 2024.
What is the difference in total reserves between Ethiopia and Zambia?
305.44 million includes gold, current US$, with Zambia ahead.
How many years of comparable data are there for Ethiopia and Zambia?
59 years are reported by both, from 1965 to 2024.
How do Ethiopia and Zambia rank globally for total reserves?
Ethiopia ranks 115th and Zambia ranks 113th of 181 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves (includes gold, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ethiopia vs Zambia: Total reserves. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 17 August 2026, from https://economy.statizoid.com/compare/total-reserves-includes-gold-current-us/ethiopia/zambia/

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About this data

Indicator
Total reserves (includes gold, current US$)
Unit
includes gold, current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
182 places, 9,490 data points, 1960–2025
Last refreshed

Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. 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.