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
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 125th of 205 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% |
Ethiopia compared with similar countries
- Ethiopia's -2.5% is above the median for low income countries, which is -7.7%, 33% of the median. (19 countries reporting)
- Ethiopia's -2.5% is above the median for Sub-Saharan Africa, which is -4.1%, 61% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) 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 |
|---|---|---|---|
| 2001 | -2878.4% | 0.2% | -4.5% |
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
- 123 Albania -2.4% compare
- 124 Saint Lucia -2.5% compare
- 126 Belarus -2.6% compare
- 127 Bolivia (Plurinational State of) -2.6% compare
- 128 Iceland -2.6% compare
More economy & growth data for Ethiopia
- Real gdp growth, annual growth rate 13.66 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 4.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0318 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.4608 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0232 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -16.34 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 3.57 units per person (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 125th out of 205 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.
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