Goods imports in Ethiopia
Ethiopia: Goods imports was 19.63 billion BoP, current US$ in 2024. ◆ Volatile
Goods imports in Ethiopia, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods imports in Ethiopia is 19.63 billion BoP, current US$, measured in 2024. That is the highest value across all 48 years on record.
The figure is up 28.2% on the previous year and up 42.6% over ten years.
Over the whole period, goods imports in Ethiopia peaked at 19.63 billion BoP, current US$ in 2024 and was at its lowest, 416.96 million BoP, current US$, in 1977.
That places Ethiopia 81st out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports in Ethiopia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 416.96 million BoP, current US$ | — |
| 1978 | 436.47 million BoP, current US$ | +4.7% |
| 1979 | 522.85 million BoP, current US$ | +19.8% |
| 1980 | 649.61 million BoP, current US$ | +24.2% |
| 1981 | 629.76 million BoP, current US$ | -3.1% |
| 1982 | 675.22 million BoP, current US$ | +7.2% |
| 1983 | 739.95 million BoP, current US$ | +9.6% |
| 1984 | 798.36 million BoP, current US$ | +7.9% |
| 1985 | 840.53 million BoP, current US$ | +5.3% |
| 1986 | 932.56 million BoP, current US$ | +10.9% |
| 1987 | 932.66 million BoP, current US$ | +0.0% |
| 1988 | 956.04 million BoP, current US$ | +2.5% |
| 1989 | 817.87 million BoP, current US$ | -14.5% |
| 1990 | 912.08 million BoP, current US$ | +11.5% |
| 1991 | 470.82 million BoP, current US$ | -48.4% |
| 1992 | 992.75 million BoP, current US$ | +110.9% |
| 1993 | 705.98 million BoP, current US$ | -28.9% |
| 1994 | 925.65 million BoP, current US$ | +31.1% |
| 1995 | 1.09 billion BoP, current US$ | +18.1% |
| 1996 | 1.00 billion BoP, current US$ | -8.2% |
| 1997 | 1.00 billion BoP, current US$ | -0.1% |
| 1998 | 1.36 billion BoP, current US$ | +35.8% |
| 1999 | 1.39 billion BoP, current US$ | +2.0% |
| 2000 | 1.13 billion BoP, current US$ | -18.4% |
| 2001 | 1.63 billion BoP, current US$ | +43.7% |
| 2002 | 1.46 billion BoP, current US$ | -10.5% |
| 2003 | 1.90 billion BoP, current US$ | +30.2% |
| 2004 | 2.77 billion BoP, current US$ | +46.1% |
| 2005 | 3.70 billion BoP, current US$ | +33.7% |
| 2006 | 4.11 billion BoP, current US$ | +10.9% |
| 2007 | 5.16 billion BoP, current US$ | +25.6% |
| 2008 | 7.21 billion BoP, current US$ | +39.8% |
| 2009 | 6.82 billion BoP, current US$ | -5.4% |
| 2010 | 7.36 billion BoP, current US$ | +8.0% |
| 2011 | 8.33 billion BoP, current US$ | +13.1% |
| 2012 | 10.55 billion BoP, current US$ | +26.6% |
| 2013 | 10.79 billion BoP, current US$ | +2.3% |
| 2014 | 13.77 billion BoP, current US$ | +27.6% |
| 2015 | 14.98 billion BoP, current US$ | +8.8% |
| 2016 | 14.73 billion BoP, current US$ | -1.7% |
| 2017 | 14.24 billion BoP, current US$ | -3.3% |
| 2018 | 13.73 billion BoP, current US$ | -3.6% |
| 2019 | 13.06 billion BoP, current US$ | -4.9% |
| 2020 | 11.76 billion BoP, current US$ | -9.9% |
| 2021 | 14.33 billion BoP, current US$ | +21.9% |
| 2022 | 16.73 billion BoP, current US$ | +16.8% |
| 2023 | 15.32 billion BoP, current US$ | -8.5% |
| 2024 | 19.63 billion BoP, current US$ | +28.2% |
Ethiopia compared with similar countries
- Ethiopia's 19.63 billion BoP, current US$ is above the median for low income countries, which is 4.16 billion BoP, current US$, 4.7× the median. (23 countries reporting)
- Ethiopia's 19.63 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 4.65 billion BoP, current US$, 4.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 458.76 million BoP, current US$ | 416.96 million BoP, current US$ | 522.85 million BoP, current US$ | 3 |
| 1980s | 797.26 million BoP, current US$ | 629.76 million BoP, current US$ | 956.04 million BoP, current US$ | 10 |
| 1990s | 985.14 million BoP, current US$ | 470.82 million BoP, current US$ | 1.39 billion BoP, current US$ | 10 |
| 2000s | 3.59 billion BoP, current US$ | 1.13 billion BoP, current US$ | 7.21 billion BoP, current US$ | 10 |
| 2010s | 12.15 billion BoP, current US$ | 7.36 billion BoP, current US$ | 14.98 billion BoP, current US$ | 10 |
| 2020s | 15.56 billion BoP, current US$ | 11.76 billion BoP, current US$ | 19.63 billion BoP, current US$ | 5 |
Countries ranked near Ethiopia
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 goods imports in Ethiopia?
- Goods imports in Ethiopia was 19.63 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Ethiopia?
- The highest recorded value was 19.63 billion BoP, current US$ in 2024.
- What is the lowest goods imports recorded in Ethiopia?
- The lowest recorded value was 416.96 million BoP, current US$ in 1977.
- How does Ethiopia rank for goods imports?
- Ethiopia ranks 81st out of 200 countries with data for 2024.
- Is goods imports rising or falling in Ethiopia?
- Over the last ten years it is up 42.6%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.