Gross savings (current US$), per unit of GDP in Ethiopia
Ethiopia: Gross savings (current US$), per unit of GDP was 0.1967 current US$ per US$ of GDP in 2024. ▼ Falling
Gross savings (current US$), per unit of GDP in Ethiopia, 2011–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Ethiopia recorded 0.1967 current US$ per US$ of GDP for gross savings (current us$), per unit of gdp in 2024. That is the lowest value across all 14 years on record.
That represents a change of down 2.1% on the previous year and down 37.4% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Ethiopia peaked at 0.3327 current US$ per US$ of GDP in 2018 and was at its lowest, 0.1967 current US$ per US$ of GDP, in 2024.
That places Ethiopia 102nd out of 178 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Gross savings (current US$), per unit of GDP in Ethiopia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2011 | 0.3256 current US$ per US$ of GDP | — |
| 2012 | 0.3091 current US$ per US$ of GDP | -5.1% |
| 2013 | 0.2833 current US$ per US$ of GDP | -8.3% |
| 2014 | 0.3145 current US$ per US$ of GDP | +11.0% |
| 2015 | 0.2993 current US$ per US$ of GDP | -4.8% |
| 2016 | 0.3179 current US$ per US$ of GDP | +6.2% |
| 2017 | 0.2683 current US$ per US$ of GDP | -15.6% |
| 2018 | 0.3327 current US$ per US$ of GDP | +24.0% |
| 2019 | 0.2935 current US$ per US$ of GDP | -11.8% |
| 2020 | 0.2775 current US$ per US$ of GDP | -5.4% |
| 2021 | 0.2521 current US$ per US$ of GDP | -9.2% |
| 2022 | 0.2173 current US$ per US$ of GDP | -13.8% |
| 2023 | 0.201 current US$ per US$ of GDP | -7.5% |
| 2024 | 0.1967 current US$ per US$ of GDP | -2.1% |
Ethiopia compared with similar countries
- Ethiopia's 0.1967 current US$ per US$ of GDP is above the median for low income countries, which is 0.1668 current US$ per US$ of GDP, 1.2× the median. (20 countries reporting)
- Ethiopia's 0.1967 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.1747 current US$ per US$ of GDP, 1.1× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.3049 current US$ per US$ of GDP | 0.2683 current US$ per US$ of GDP | 0.3327 current US$ per US$ of GDP | 9 |
| 2020s | 0.2289 current US$ per US$ of GDP | 0.1967 current US$ per US$ of GDP | 0.2775 current US$ per US$ of GDP | 5 |
Countries ranked near Ethiopia
- 99 Latvia 0.2071 current US$ per US$ of GDP compare
- 100 Belize 0.2033 current US$ per US$ of GDP compare
- 101 Bosnia and Herzegovina 0.2029 current US$ per US$ of GDP compare
- 103 Togo 0.1953 current US$ per US$ of GDP compare
- 104 New Caledonia 0.1933 current US$ per US$ of GDP compare
- 105 Guatemala 0.1932 current US$ 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 us$), per unit of gdp in Ethiopia?
- Gross savings (current us$), per unit of gdp in Ethiopia was 0.1967 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Ethiopia?
- The highest recorded value was 0.3327 current US$ per US$ of GDP in 2018.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Ethiopia?
- The lowest recorded value was 0.1967 current US$ per US$ of GDP in 2024.
- How does Ethiopia rank for gross savings (current us$), per unit of gdp?
- Ethiopia ranks 102nd out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Ethiopia?
- Over the last ten years it is down 37.4%. The long-run trend across the full record is falling.
- Where does this Ethiopia data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.