Current account balance (BoP, current US$), annual growth rate in Ethiopia
Ethiopia: Current account balance (BoP, current US$), annual growth rate was 20.82 % change on previous year in 2024. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Ethiopia, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ethiopia recorded 20.82 % change on previous year for current account balance (bop, current us$), annual growth rate in 2024.
Compared with earlier readings it is up 188.2% on the previous year and up 123.1% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Ethiopia peaked at 350.84 % change on previous year in 1994 and was at its lowest, -726.32 % change on previous year, in 1998.
That places Ethiopia 64th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Ethiopia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | -35.34 % change on previous year | — |
| 1979 | 18.24 % change on previous year | -151.6% |
| 1980 | -147.54 % change on previous year | -908.7% |
| 1981 | -10.34 % change on previous year | -93.0% |
| 1982 | 21.88 % change on previous year | -311.6% |
| 1983 | 12.84 % change on previous year | -41.3% |
| 1984 | 23.43 % change on previous year | +82.5% |
| 1985 | 181.69 % change on previous year | +675.5% |
| 1986 | -407.82 % change on previous year | -324.5% |
| 1987 | 33.71 % change on previous year | -108.3% |
| 1988 | -4.92 % change on previous year | -114.6% |
| 1989 | 36.54 % change on previous year | -842.2% |
| 1990 | -103.45 % change on previous year | -383.1% |
| 1991 | 135.1 % change on previous year | -230.6% |
| 1992 | -216.35 % change on previous year | -260.1% |
| 1993 | 58.32 % change on previous year | -127.0% |
| 1994 | 350.84 % change on previous year | +501.6% |
| 1995 | -68.6 % change on previous year | -119.6% |
| 1996 | 102.07 % change on previous year | -248.8% |
| 1997 | -150.59 % change on previous year | -247.5% |
| 1998 | -726.32 % change on previous year | +382.3% |
| 1999 | -39.87 % change on previous year | -94.5% |
| 2000 | 102.89 % change on previous year | -358.1% |
| 2002 | 63.41 % change on previous year | -38.4% |
| 2003 | 0.1881 % change on previous year | -99.7% |
| 2004 | -389.67 % change on previous year | -207280.8% |
| 2005 | -134.75 % change on previous year | -65.4% |
| 2006 | -13.91 % change on previous year | -89.7% |
| 2007 | 53.64 % change on previous year | -485.5% |
| 2008 | -118.08 % change on previous year | -320.2% |
| 2009 | -21.32 % change on previous year | -81.9% |
| 2010 | 71 % change on previous year | -433.1% |
| 2011 | -66.17 % change on previous year | -193.2% |
| 2012 | -191.58 % change on previous year | +189.5% |
| 2013 | 1.45 % change on previous year | -100.8% |
| 2014 | -90.26 % change on previous year | -6335.0% |
| 2015 | -31.1 % change on previous year | -65.5% |
| 2016 | -4.48 % change on previous year | -85.6% |
| 2017 | 25.01 % change on previous year | -658.3% |
| 2018 | 22.22 % change on previous year | -11.1% |
| 2019 | -8.97 % change on previous year | -140.4% |
| 2020 | 45.9 % change on previous year | -611.4% |
| 2021 | -65.78 % change on previous year | -243.3% |
| 2022 | -14.49 % change on previous year | -78.0% |
| 2023 | 7.22 % change on previous year | -149.8% |
| 2024 | 20.82 % change on previous year | +188.2% |
Ethiopia compared with similar countries
- Ethiopia's 20.82 % change on previous year is above the median for low income countries, which is 9.73 % change on previous year, 2.1× the median. (23 countries reporting)
- Ethiopia's 20.82 % change on previous year is above the median for Sub-Saharan Africa, which is -1.03 % change on previous year. (47 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | -207280.8% | 0.1881 % change on previous year | -389.67 % change on previous year |
| 2014 | -6335.0% | 1.45 % change on previous year | -90.26 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -8.55 % change on previous year | -35.34 % change on previous year | 18.24 % change on previous year | 2 |
| 1980s | -26.05 % change on previous year | -407.82 % change on previous year | 181.69 % change on previous year | 10 |
| 1990s | -65.89 % change on previous year | -726.32 % change on previous year | 350.84 % change on previous year | 10 |
| 2000s | -50.85 % change on previous year | -389.67 % change on previous year | 102.89 % change on previous year | 9 |
| 2010s | -27.29 % change on previous year | -191.58 % change on previous year | 71 % change on previous year | 10 |
| 2020s | -1.27 % change on previous year | -65.78 % change on previous year | 45.9 % change on previous year | 5 |
Countries ranked near Ethiopia
- 61 Lebanon 22.33 % change on previous year compare
- 62 Brunei 21.43 % change on previous year compare
- 63 New Zealand 21.05 % change on previous year compare
- 65 Andorra 20.55 % change on previous year compare
- 66 Curacao 20.42 % change on previous year compare
- 67 Malta 20.17 % change on previous year compare
More economy & growth data for Ethiopia
- Foreign direct investment, net outflows (BoP, current US$), 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 current account balance (bop, current us$), annual growth rate in Ethiopia?
- Current account balance (bop, current us$), annual growth rate in Ethiopia was 20.82 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Ethiopia?
- The highest recorded value was 350.84 % change on previous year in 1994.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Ethiopia?
- The lowest recorded value was -726.32 % change on previous year in 1998.
- How does Ethiopia rank for current account balance (bop, current us$), annual growth rate?
- Ethiopia ranks 64th out of 198 countries with data for 2024.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Ethiopia?
- Over the last ten years it is up 123.1%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.