Imports of goods and services (BoP, current US$) in Ethiopia
Ethiopia: Imports of goods and services (BoP, current US$) was 25.14 billion BoP, current US$ in 2024. ◆ Volatile
Imports of goods and services in Ethiopia, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, imports of goods and services in Ethiopia stood at 25.14 billion BoP, current US$. That is the highest value across all 48 years on record.
That represents a change of up 9.5% on the previous year and up 38.1% over ten years.
Over the whole period, imports of goods and services in Ethiopia peaked at 25.14 billion BoP, current US$ in 2024 and was at its lowest, 556.42 million BoP, current US$, in 1977.
That places Ethiopia 84th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$) in Ethiopia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 556.42 million BoP, current US$ | — |
| 1978 | 587.59 million BoP, current US$ | +5.6% |
| 1979 | 698.12 million BoP, current US$ | +18.8% |
| 1980 | 857.87 million BoP, current US$ | +22.9% |
| 1981 | 836.33 million BoP, current US$ | -2.5% |
| 1982 | 887.59 million BoP, current US$ | +6.1% |
| 1983 | 964.78 million BoP, current US$ | +8.7% |
| 1984 | 1.05 billion BoP, current US$ | +8.9% |
| 1985 | 1.11 billion BoP, current US$ | +5.7% |
| 1986 | 1.20 billion BoP, current US$ | +8.4% |
| 1987 | 1.24 billion BoP, current US$ | +3.0% |
| 1988 | 1.29 billion BoP, current US$ | +3.7% |
| 1989 | 1.14 billion BoP, current US$ | -11.3% |
| 1990 | 1.27 billion BoP, current US$ | +11.4% |
| 1991 | 755.17 million BoP, current US$ | -40.6% |
| 1992 | 1.36 billion BoP, current US$ | +80.2% |
| 1993 | 1.00 billion BoP, current US$ | -26.2% |
| 1994 | 1.24 billion BoP, current US$ | +23.0% |
| 1995 | 1.45 billion BoP, current US$ | +17.0% |
| 1996 | 1.35 billion BoP, current US$ | -6.4% |
| 1997 | 1.40 billion BoP, current US$ | +3.2% |
| 1998 | 1.82 billion BoP, current US$ | +30.1% |
| 1999 | 1.85 billion BoP, current US$ | +2.1% |
| 2000 | 1.62 billion BoP, current US$ | -12.5% |
| 2001 | 2.15 billion BoP, current US$ | +32.5% |
| 2002 | 2.03 billion BoP, current US$ | -5.3% |
| 2003 | 2.60 billion BoP, current US$ | +28.0% |
| 2004 | 3.73 billion BoP, current US$ | +43.1% |
| 2005 | 4.89 billion BoP, current US$ | +31.3% |
| 2006 | 5.28 billion BoP, current US$ | +7.8% |
| 2007 | 6.90 billion BoP, current US$ | +30.9% |
| 2008 | 9.60 billion BoP, current US$ | +39.0% |
| 2009 | 9.04 billion BoP, current US$ | -5.8% |
| 2010 | 9.91 billion BoP, current US$ | +9.6% |
| 2011 | 11.75 billion BoP, current US$ | +18.6% |
| 2012 | 14.13 billion BoP, current US$ | +20.2% |
| 2013 | 14.25 billion BoP, current US$ | +0.9% |
| 2014 | 18.20 billion BoP, current US$ | +27.7% |
| 2015 | 19.86 billion BoP, current US$ | +9.1% |
| 2016 | 20.00 billion BoP, current US$ | +0.7% |
| 2017 | 19.31 billion BoP, current US$ | -3.4% |
| 2018 | 19.93 billion BoP, current US$ | +3.2% |
| 2019 | 19.23 billion BoP, current US$ | -3.5% |
| 2020 | 17.17 billion BoP, current US$ | -10.7% |
| 2021 | 20.86 billion BoP, current US$ | +21.5% |
| 2022 | 24.19 billion BoP, current US$ | +16.0% |
| 2023 | 22.95 billion BoP, current US$ | -5.1% |
| 2024 | 25.14 billion BoP, current US$ | +9.5% |
Ethiopia compared with similar countries
- Ethiopia's 25.14 billion BoP, current US$ is above the median for low income countries, which is 5.97 billion BoP, current US$, 4.2× the median. (23 countries reporting)
- Ethiopia's 25.14 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 6.19 billion BoP, current US$, 4.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 614.04 million BoP, current US$ | 556.42 million BoP, current US$ | 698.12 million BoP, current US$ | 3 |
| 1980s | 1.06 billion BoP, current US$ | 836.33 million BoP, current US$ | 1.29 billion BoP, current US$ | 10 |
| 1990s | 1.35 billion BoP, current US$ | 755.17 million BoP, current US$ | 1.85 billion BoP, current US$ | 10 |
| 2000s | 4.78 billion BoP, current US$ | 1.62 billion BoP, current US$ | 9.60 billion BoP, current US$ | 10 |
| 2010s | 16.66 billion BoP, current US$ | 9.91 billion BoP, current US$ | 20.00 billion BoP, current US$ | 10 |
| 2020s | 22.06 billion BoP, current US$ | 17.17 billion BoP, current US$ | 25.14 billion BoP, current US$ | 5 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- SDRs holdings, US dollar, annual growth rate 4.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0318 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.4608 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0232 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -16.34 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 3.57 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -20.34 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services in Ethiopia?
- Imports of goods and services in Ethiopia was 25.14 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Ethiopia?
- The highest recorded value was 25.14 billion BoP, current US$ in 2024.
- What is the lowest imports of goods and services recorded in Ethiopia?
- The lowest recorded value was 556.42 million BoP, current US$ in 1977.
- How does Ethiopia rank for imports of goods and services?
- Ethiopia ranks 84th out of 200 countries with data for 2024.
- Is imports of goods and services rising or falling in Ethiopia?
- Over the last ten years it is up 38.1%. 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 Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.