Financial and insurance activities (banking), value added in Ethiopia
Ethiopia: Financial and insurance activities (banking), value added was 3.93 billion constant LCU in 2011. ◆ Volatile
Financial and insurance activities (banking), value added in Ethiopia, 1981–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
The most recent figure for financial and insurance activities (banking), value added in Ethiopia is 3.93 billion constant LCU, measured in 2011. That is the highest value across all 31 years on record.
That represents a change of up 19.3% on the previous year and up 217.7% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Ethiopia peaked at 3.93 billion constant LCU in 2011 and was at its lowest, 154.49 million constant LCU, in 1984.
That places Ethiopia 18th out of 31 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Ethiopia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1981 | 178.75 million constant LCU | — |
| 1982 | 172.54 million constant LCU | -3.5% |
| 1983 | 195.99 million constant LCU | +13.6% |
| 1984 | 154.49 million constant LCU | -21.2% |
| 1985 | 184.61 million constant LCU | +19.5% |
| 1986 | 174.92 million constant LCU | -5.3% |
| 1987 | 213.85 million constant LCU | +22.3% |
| 1988 | 255.28 million constant LCU | +19.4% |
| 1989 | 237.52 million constant LCU | -7.0% |
| 1990 | 231.89 million constant LCU | -2.4% |
| 1991 | 214.47 million constant LCU | -7.5% |
| 1992 | 182.56 million constant LCU | -14.9% |
| 1993 | 212.89 million constant LCU | +16.6% |
| 1994 | 249.54 million constant LCU | +17.2% |
| 1995 | 554.30 million constant LCU | +122.1% |
| 1996 | 858.21 million constant LCU | +54.8% |
| 1997 | 885.33 million constant LCU | +3.2% |
| 1998 | 852.32 million constant LCU | -3.7% |
| 1999 | 973.49 million constant LCU | +14.2% |
| 2000 | 1.11 billion constant LCU | +13.7% |
| 2001 | 1.24 billion constant LCU | +11.8% |
| 2002 | 927.88 million constant LCU | -25.0% |
| 2003 | 1.03 billion constant LCU | +10.8% |
| 2004 | 1.23 billion constant LCU | +19.7% |
| 2005 | 1.53 billion constant LCU | +24.2% |
| 2006 | 2.04 billion constant LCU | +33.5% |
| 2007 | 2.26 billion constant LCU | +11.0% |
| 2008 | 2.83 billion constant LCU | +25.0% |
| 2009 | 3.50 billion constant LCU | +23.7% |
| 2010 | 3.29 billion constant LCU | -6.0% |
| 2011 | 3.93 billion constant LCU | +19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 196.44 million constant LCU | 154.49 million constant LCU | 255.28 million constant LCU | 9 |
| 1990s | 521.50 million constant LCU | 182.56 million constant LCU | 973.49 million constant LCU | 10 |
| 2000s | 1.77 billion constant LCU | 927.88 million constant LCU | 3.50 billion constant LCU | 10 |
| 2010s | 3.61 billion constant LCU | 3.29 billion constant LCU | 3.93 billion constant LCU | 2 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Manufacturing, value added (constant LCU), per capita 1,431 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -7.6 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2776 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 258.96 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 40.25 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 33.17 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 30,935 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 13.01 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2474 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 230.77 constant 2015 US$ per person (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Ethiopia?
- Financial and insurance activities (banking), value added in Ethiopia was 3.93 billion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Ethiopia?
- The highest recorded value was 3.93 billion constant LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Ethiopia?
- The lowest recorded value was 154.49 million constant LCU in 1984.
- How does Ethiopia rank for financial and insurance activities (banking), value added?
- Ethiopia ranks 18th out of 31 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Ethiopia?
- Over the last ten years it is up 217.7%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in constant local currency.