Financial and insurance activities (banking), value added in Ethiopia
Ethiopia: Financial and insurance activities (banking), value added was 8.64 billion current 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 current LCU.
Analysis
Ethiopia recorded 8.64 billion current LCU for financial and insurance activities (banking), value added in 2011. That is the highest value across all 31 years on record.
The figure is up 46.1% on the previous year and up 637.3% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Ethiopia peaked at 8.64 billion current LCU in 2011 and was at its lowest, 39.72 million current LCU, in 1984.
That places Ethiopia 21st out of 36 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 | current LCU | Change |
|---|---|---|
| 1981 | 42.40 million current LCU | — |
| 1982 | 42.64 million current LCU | +0.6% |
| 1983 | 49.30 million current LCU | +15.6% |
| 1984 | 39.72 million current LCU | -19.4% |
| 1985 | 51.05 million current LCU | +28.5% |
| 1986 | 48.93 million current LCU | -4.2% |
| 1987 | 59.46 million current LCU | +21.5% |
| 1988 | 75.81 million current LCU | +27.5% |
| 1989 | 73.53 million current LCU | -3.0% |
| 1990 | 73.94 million current LCU | +0.6% |
| 1991 | 68.62 million current LCU | -7.2% |
| 1992 | 74.90 million current LCU | +9.2% |
| 1993 | 126.05 million current LCU | +68.3% |
| 1994 | 290.34 million current LCU | +130.3% |
| 1995 | 474.99 million current LCU | +63.6% |
| 1996 | 793.42 million current LCU | +67.0% |
| 1997 | 827.78 million current LCU | +4.3% |
| 1998 | 821.63 million current LCU | -0.7% |
| 1999 | 959.86 million current LCU | +16.8% |
| 2000 | 1.11 billion current LCU | +15.3% |
| 2001 | 1.17 billion current LCU | +5.9% |
| 2002 | 860.65 million current LCU | -26.6% |
| 2003 | 1.18 billion current LCU | +37.5% |
| 2004 | 1.34 billion current LCU | +13.0% |
| 2005 | 1.63 billion current LCU | +22.2% |
| 2006 | 2.29 billion current LCU | +40.2% |
| 2007 | 3.47 billion current LCU | +51.5% |
| 2008 | 5.57 billion current LCU | +60.5% |
| 2009 | 4.77 billion current LCU | -14.2% |
| 2010 | 5.91 billion current LCU | +23.9% |
| 2011 | 8.64 billion current LCU | +46.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 53.65 million current LCU | 39.72 million current LCU | 75.81 million current LCU | 9 |
| 1990s | 451.15 million current LCU | 68.62 million current LCU | 959.86 million current LCU | 10 |
| 2000s | 2.34 billion current LCU | 860.65 million current LCU | 5.57 billion current LCU | 10 |
| 2010s | 7.28 billion current LCU | 5.91 billion current LCU | 8.64 billion current LCU | 2 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Gross value added at basic prices (GVA) (current US$), annual growth -16.09 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9619 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 897.15 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 27.36 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 114.9 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 107,170 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 9.15 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9742 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 908.7 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 9.15 % change on previous year (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 8.64 billion current 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 8.64 billion current LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Ethiopia?
- The lowest recorded value was 39.72 million current LCU in 1984.
- How does Ethiopia rank for financial and insurance activities (banking), value added?
- Ethiopia ranks 21st out of 36 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 637.3%. 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current local currency.