Annual growth of imports of goods and services in Ethiopia
Ethiopia: Annual growth of imports of goods and services was 26.0% in 2024. ◆ Volatile
Annual growth of imports 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 imports of goods and services in Ethiopia is 26.0%, measured in 2024. That is the highest value across all 13 years on record.
The figure is up 727.8% on the previous year and up 28.8% over ten years.
Over the whole period, annual growth of imports of goods and services in Ethiopia peaked at 26.0% in 2024 and was at its lowest, -7.5%, in 2017.
That places Ethiopia 7th out of 176 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Ethiopia, year by year
| Year | % | Change |
|---|---|---|
| 2012 | 22.2% | — |
| 2013 | 4.2% | -81.0% |
| 2014 | 20.2% | +379.3% |
| 2015 | 21.9% | +8.3% |
| 2016 | 0.1% | -99.8% |
| 2017 | -7.5% | -15040.0% |
| 2018 | -6.6% | -11.8% |
| 2019 | -5.3% | -20.2% |
| 2020 | -2.0% | -62.2% |
| 2021 | 13.3% | -766.3% |
| 2022 | 10.4% | -21.7% |
| 2023 | -4.1% | -139.9% |
| 2024 | 26.0% | -727.8% |
Ethiopia compared with similar countries
- Ethiopia's 26.0% is above the median for low income countries, which is 9.0%, 2.9× the median. (22 countries reporting)
- Ethiopia's 26.0% is above the median for Sub-Saharan Africa, which is 7.0%, 3.7× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports 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 |
|---|---|---|---|
| 2017 | -15040.0% | 0.1% | -7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.1% | -7.5% | 22.2% | 8 |
| 2020s | 8.7% | -4.1% | 26.0% | 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 imports of goods and services in Ethiopia?
- Annual growth of imports of goods and services in Ethiopia was 26.0% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Ethiopia?
- The highest recorded value was 26.0% in 2024.
- What is the lowest annual growth of imports of goods and services recorded in Ethiopia?
- The lowest recorded value was -7.5% in 2017.
- How does Ethiopia rank for annual growth of imports of goods and services?
- Ethiopia ranks 7th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Ethiopia?
- Over the last ten years it is up 28.8%. 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 imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).