Gross savings (current LCU), per unit of GDP in Ethiopia
Ethiopia: Gross savings (current LCU), per unit of GDP was 15.48 current LCU per US$ of GDP in 2024. ▲ Rising
Gross savings (current LCU), per unit of GDP in Ethiopia, 2011–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Ethiopia recorded 15.48 current LCU per US$ of GDP for gross savings (current lcu), per unit of gdp in 2024. That is the highest value across all 14 years on record.
That represents a change of up 20.0% on the previous year and up 158.1% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Ethiopia peaked at 15.48 current LCU per US$ of GDP in 2024 and was at its lowest, 5.16 current LCU per US$ of GDP, in 2013.
That places Ethiopia 62nd out of 178 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Gross savings (current LCU), per unit of GDP in Ethiopia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2011 | 5.25 current LCU per US$ of GDP | — |
| 2012 | 5.33 current LCU per US$ of GDP | +1.6% |
| 2013 | 5.16 current LCU per US$ of GDP | -3.3% |
| 2014 | 6 current LCU per US$ of GDP | +16.4% |
| 2015 | 6.26 current LCU per US$ of GDP | +4.3% |
| 2016 | 7.28 current LCU per US$ of GDP | +16.4% |
| 2017 | 6.44 current LCU per US$ of GDP | -11.5% |
| 2018 | 8.78 current LCU per US$ of GDP | +36.4% |
| 2019 | 8.6 current LCU per US$ of GDP | -2.1% |
| 2020 | 9.49 current LCU per US$ of GDP | +10.4% |
| 2021 | 10.03 current LCU per US$ of GDP | +5.7% |
| 2022 | 10.87 current LCU per US$ of GDP | +8.3% |
| 2023 | 12.9 current LCU per US$ of GDP | +18.8% |
| 2024 | 15.48 current LCU per US$ of GDP | +20.0% |
Ethiopia compared with similar countries
- Ethiopia's 15.48 current LCU per US$ of GDP is below the median for low income countries, which is 79.11 current LCU per US$ of GDP, 20% of the median. (20 countries reporting)
- Ethiopia's 15.48 current LCU per US$ of GDP is below the median for Sub-Saharan Africa, which is 54.82 current LCU per US$ of GDP, 28% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.57 current LCU per US$ of GDP | 5.16 current LCU per US$ of GDP | 8.78 current LCU per US$ of GDP | 9 |
| 2020s | 11.76 current LCU per US$ of GDP | 9.49 current LCU per US$ of GDP | 15.48 current LCU per US$ of GDP | 5 |
Countries ranked near Ethiopia
- 59 Haiti 17.75 current LCU per US$ of GDP compare
- 60 Gambia 17.56 current LCU per US$ of GDP compare
- 61 Philippines 17.32 current LCU per US$ of GDP compare
- 63 North Macedonia 15.06 current LCU per US$ of GDP compare
- 64 Dominican Republic 14.43 current LCU per US$ of GDP compare
- 65 Mauritania 13.68 current LCU per US$ of GDP 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 gross savings (current lcu), per unit of gdp in Ethiopia?
- Gross savings (current lcu), per unit of gdp in Ethiopia was 15.48 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Ethiopia?
- The highest recorded value was 15.48 current LCU per US$ of GDP in 2024.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Ethiopia?
- The lowest recorded value was 5.16 current LCU per US$ of GDP in 2013.
- How does Ethiopia rank for gross savings (current lcu), per unit of gdp?
- Ethiopia ranks 62nd out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Ethiopia?
- Over the last ten years it is up 158.1%. The long-run trend across the full record is rising.
- Where does this Ethiopia data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.