Annual growth of exports of goods and services in Ethiopia
Ethiopia: Annual growth of exports of goods and services was 15.0% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Ethiopia, 2012–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of exports of goods and services in Ethiopia is 15.0%, measured in 2024.
Compared with earlier readings it is up 2,098.7% on the previous year and up 431.6% over ten years.
Over the whole period, annual growth of exports of goods and services in Ethiopia peaked at 18.9% in 2021 and was at its lowest, -11.2%, in 2015.
Ethiopia ranks 26th of 176 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Ethiopia, year by year
| Year | % | Change |
|---|---|---|
| 2012 | -10.4% | — |
| 2013 | 0.3% | -102.7% |
| 2014 | 2.8% | +907.1% |
| 2015 | -11.2% | -497.9% |
| 2016 | -8.1% | -27.5% |
| 2017 | 7.7% | -194.2% |
| 2018 | 5.4% | -29.5% |
| 2019 | -5.8% | -206.8% |
| 2020 | -5.4% | -6.6% |
| 2021 | 18.9% | -450.9% |
| 2022 | 11.0% | -42.0% |
| 2023 | -0.8% | -106.8% |
| 2024 | 15.0% | -2098.7% |
Ethiopia compared with similar countries
- Ethiopia's 15.0% is above the median for low income countries, which is 11.8%, 1.3× the median. (22 countries reporting)
- Ethiopia's 15.0% is above the median for Sub-Saharan Africa, which is 4.5%, 3.3× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +2098.7% | -0.8% | 15.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -2.4% | -11.2% | 7.7% | 8 |
| 2020s | 7.8% | -5.4% | 18.9% | 5 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.25 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0269 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 86.59 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.0253 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 28.66 includes gold, current US$ per person (2024)
Frequently asked questions
- What is annual growth of exports of goods and services in Ethiopia?
- Annual growth of exports of goods and services in Ethiopia was 15.0% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Ethiopia?
- The highest recorded value was 18.9% in 2021.
- What is the lowest annual growth of exports of goods and services recorded in Ethiopia?
- The lowest recorded value was -11.2% in 2015.
- How does Ethiopia rank for annual growth of exports of goods and services?
- Ethiopia ranks 26th out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Ethiopia?
- Over the last ten years it is up 431.6%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).