Current account balance as a proportion of GDP in Ethiopia
Ethiopia: Current account balance as a proportion of GDP was -2.5% in 2024. ◆ Volatile
Latest (2024)
-2.5%
Change on year
up 28.1%
World rank
124th
of 204 countries
All-time high
0.2%
in 2000
All-time low
-12.6%
in 2005
Years of data
25
2000–2024
Current account balance as a proportion of GDP in Ethiopia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Ethiopia stood at -2.5%.
Compared with earlier readings it is up 28.1% on the previous year and up 75.6% over ten years.
Over the whole period, current account balance as a proportion of gdp in Ethiopia peaked at 0.2% in 2000 and was at its lowest, -12.6%, in 2005.
Ethiopia ranks 124th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Ethiopia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.2% | — |
| 2001 | -4.5% | -2878.4% |
| 2002 | -1.7% | -61.6% |
| 2003 | -1.6% | -9.1% |
| 2004 | -6.6% | +316.8% |
| 2005 | -12.6% | +91.8% |
| 2006 | -11.7% | -7.6% |
| 2007 | -4.2% | -64.1% |
| 2008 | -6.7% | +58.8% |
| 2009 | -6.8% | +1.2% |
| 2010 | -2.1% | -68.6% |
| 2011 | -3.3% | +55.7% |
| 2012 | -7.1% | +115.1% |
| 2013 | -6.4% | -10.4% |
| 2014 | -10.4% | +63.0% |
| 2015 | -12.2% | +17.4% |
| 2016 | -11.5% | -5.2% |
| 2017 | -7.8% | -32.8% |
| 2018 | -5.5% | -28.7% |
| 2019 | -5.5% | -1.1% |
| 2020 | -2.8% | -49.6% |
| 2021 | -4.1% | +50.0% |
| 2022 | -4.2% | +1.4% |
| 2023 | -3.5% | -15.9% |
| 2024 | -2.5% | -28.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.6% | -12.6% | 0.2% | 10 |
| 2010s | -7.2% | -12.2% | -2.1% | 10 |
| 2020s | -3.4% | -4.2% | -2.5% | 5 |
Countries ranked near Ethiopia
- 122 Albania -2.4% compare
- 123 Saint Lucia -2.5% compare
- 125 Belarus -2.6% compare
- 126 Bolivia (Plurinational State of) -2.6% compare
- 127 Iceland -2.6% compare
More economy & growth data for Ethiopia
- Gross capital formation (current US$), annual growth rate -17.48 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2012 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 187.66 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 25.25 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 24.03 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 22,418 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 3.43 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3295 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 307.34 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 43.54 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Ethiopia?
- Current account balance as a proportion of gdp in Ethiopia was -2.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Ethiopia?
- The highest recorded value was 0.2% in 2000.
- What is the lowest current account balance as a proportion of gdp recorded in Ethiopia?
- The lowest recorded value was -12.6% in 2005.
- How does Ethiopia rank for current account balance as a proportion of gdp?
- Ethiopia ranks 124th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Ethiopia?
- Over the last ten years it is up 75.6%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).