Financial and insurance activities (banking), value added in Ethiopia
Ethiopia: Financial and insurance activities (banking), value added was 511.34 million current US$ 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 US$.
Analysis
In 2011, financial and insurance activities (banking), value added in Ethiopia stood at 511.34 million current US$.
Compared with earlier readings it is up 24.6% on the previous year and up 269.0% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Ethiopia peaked at 579.79 million current US$ in 2008 and was at its lowest, 19.19 million current US$, in 1984.
That places Ethiopia 9th out of 37 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Ethiopia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 20.48 million current US$ | — |
| 1982 | 20.60 million current US$ | +0.6% |
| 1983 | 23.82 million current US$ | +15.6% |
| 1984 | 19.19 million current US$ | -19.4% |
| 1985 | 24.66 million current US$ | +28.5% |
| 1986 | 23.64 million current US$ | -4.2% |
| 1987 | 28.72 million current US$ | +21.5% |
| 1988 | 36.62 million current US$ | +27.5% |
| 1989 | 35.52 million current US$ | -3.0% |
| 1990 | 35.72 million current US$ | +0.6% |
| 1991 | 33.15 million current US$ | -7.2% |
| 1992 | 26.72 million current US$ | -19.4% |
| 1993 | 25.21 million current US$ | -5.7% |
| 1994 | 53.13 million current US$ | +110.7% |
| 1995 | 77.13 million current US$ | +45.2% |
| 1996 | 124.92 million current US$ | +62.0% |
| 1997 | 123.38 million current US$ | -1.2% |
| 1998 | 115.46 million current US$ | -6.4% |
| 1999 | 120.86 million current US$ | +4.7% |
| 2000 | 134.66 million current US$ | +11.4% |
| 2001 | 138.57 million current US$ | +2.9% |
| 2002 | 100.45 million current US$ | -27.5% |
| 2003 | 137.58 million current US$ | +37.0% |
| 2004 | 154.78 million current US$ | +12.5% |
| 2005 | 188.43 million current US$ | +21.7% |
| 2006 | 263.24 million current US$ | +39.7% |
| 2007 | 386.89 million current US$ | +47.0% |
| 2008 | 579.79 million current US$ | +49.9% |
| 2009 | 405.40 million current US$ | -30.1% |
| 2010 | 410.43 million current US$ | +1.2% |
| 2011 | 511.34 million current US$ | +24.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 25.92 million current US$ | 19.19 million current US$ | 36.62 million current US$ | 9 |
| 1990s | 73.57 million current US$ | 25.21 million current US$ | 124.92 million current US$ | 10 |
| 2000s | 248.98 million current US$ | 100.45 million current US$ | 579.79 million current US$ | 10 |
| 2010s | 460.89 million current US$ | 410.43 million current US$ | 511.34 million current US$ | 2 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Gross domestic savings (current US$), annual growth rate -21.69 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1323 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 123.38 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 18.87 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 15.8 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 14,738 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 3.51 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.19 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 1,112 current US$ per person (2025)
- GNI (current US$), annual growth rate -15.63 % change on previous year (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Ethiopia?
- Financial and insurance activities (banking), value added in Ethiopia was 511.34 million current US$ 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 579.79 million current US$ in 2008.
- What is the lowest financial and insurance activities (banking), value added recorded in Ethiopia?
- The lowest recorded value was 19.19 million current US$ in 1984.
- How does Ethiopia rank for financial and insurance activities (banking), value added?
- Ethiopia ranks 9th out of 37 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 269.0%. 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 US$). 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 U.S. dollars.