Net financial account in Ethiopia
Ethiopia: Net financial account was -3.47 billion BoP, current US$ in 2024. ◆ Volatile
Net financial account in Ethiopia, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net financial account in Ethiopia is -3.47 billion BoP, current US$, measured in 2024.
The figure is up 30.5% on the previous year and up 58.0% over ten years.
Over the whole period, net financial account in Ethiopia peaked at 209.61 million BoP, current US$ in 1994 and was at its lowest, -8.60 billion BoP, current US$, in 2018.
That places Ethiopia 165th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial account in Ethiopia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -80.72 million BoP, current US$ | — |
| 1978 | -83.48 million BoP, current US$ | +3.4% |
| 1979 | -71.11 million BoP, current US$ | -14.8% |
| 1980 | -265.51 million BoP, current US$ | +273.4% |
| 1981 | -175.46 million BoP, current US$ | -33.9% |
| 1982 | -161.64 million BoP, current US$ | -7.9% |
| 1983 | -216.23 million BoP, current US$ | +33.8% |
| 1984 | -279.61 million BoP, current US$ | +29.3% |
| 1985 | -80.39 million BoP, current US$ | -71.3% |
| 1986 | -125.70 million BoP, current US$ | +56.4% |
| 1987 | -400.10 million BoP, current US$ | +218.3% |
| 1988 | -321.98 million BoP, current US$ | -19.5% |
| 1989 | -179.18 million BoP, current US$ | -44.4% |
| 1990 | -430.73 million BoP, current US$ | +140.4% |
| 1991 | -81.01 million BoP, current US$ | -81.2% |
| 1992 | -200.82 million BoP, current US$ | +147.9% |
| 1993 | -65.24 million BoP, current US$ | -67.5% |
| 1994 | 209.61 million BoP, current US$ | -421.3% |
| 1995 | -70.89 million BoP, current US$ | -133.8% |
| 1996 | 36.87 million BoP, current US$ | -152.0% |
| 1997 | -667.41 million BoP, current US$ | -1910.4% |
| 1998 | -335.29 million BoP, current US$ | -49.8% |
| 1999 | -51.90 million BoP, current US$ | -84.5% |
| 2000 | -221.48 million BoP, current US$ | +326.8% |
| 2001 | -570.82 million BoP, current US$ | +157.7% |
| 2002 | -1.03 billion BoP, current US$ | +79.8% |
| 2003 | -514.70 million BoP, current US$ | -49.8% |
| 2004 | -991.99 million BoP, current US$ | +92.7% |
| 2005 | -1.09 billion BoP, current US$ | +9.8% |
| 2006 | -787.68 million BoP, current US$ | -27.7% |
| 2007 | -985.71 million BoP, current US$ | +25.1% |
| 2008 | -355.82 million BoP, current US$ | -63.9% |
| 2009 | -2.69 billion BoP, current US$ | +656.6% |
| 2010 | -3.41 billion BoP, current US$ | +26.6% |
| 2011 | -2.37 billion BoP, current US$ | -30.3% |
| 2012 | -1.07 billion BoP, current US$ | -54.7% |
| 2013 | -3.34 billion BoP, current US$ | +210.4% |
| 2014 | -8.25 billion BoP, current US$ | +147.2% |
| 2015 | -7.60 billion BoP, current US$ | -7.9% |
| 2016 | -6.67 billion BoP, current US$ | -12.2% |
| 2017 | -7.81 billion BoP, current US$ | +17.1% |
| 2018 | -8.60 billion BoP, current US$ | +10.2% |
| 2019 | -4.54 billion BoP, current US$ | -47.2% |
| 2020 | -5.68 billion BoP, current US$ | +24.9% |
| 2021 | -4.68 billion BoP, current US$ | -17.5% |
| 2022 | -3.48 billion BoP, current US$ | -25.8% |
| 2023 | -4.98 billion BoP, current US$ | +43.4% |
| 2024 | -3.47 billion BoP, current US$ | -30.5% |
Ethiopia compared with similar countries
- Ethiopia's -3.47 billion BoP, current US$ is below the median for low income countries, which is -532.60 million BoP, current US$, 6.5× the median. (23 countries reporting)
- Ethiopia's -3.47 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -534.57 million BoP, current US$, 6.5× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net financial account in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | -1910.4% | 36.87 million BoP, current US$ | -667.41 million BoP, current US$ |
| 2009 | -656.6% | -355.82 million BoP, current US$ | -2.69 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -78.44 million BoP, current US$ | -83.48 million BoP, current US$ | -71.11 million BoP, current US$ | 3 |
| 1980s | -220.58 million BoP, current US$ | -400.10 million BoP, current US$ | -80.39 million BoP, current US$ | 10 |
| 1990s | -165.68 million BoP, current US$ | -667.41 million BoP, current US$ | 209.61 million BoP, current US$ | 10 |
| 2000s | -923.59 million BoP, current US$ | -2.69 billion BoP, current US$ | -221.48 million BoP, current US$ | 10 |
| 2010s | -5.37 billion BoP, current US$ | -8.60 billion BoP, current US$ | -1.07 billion BoP, current US$ | 10 |
| 2020s | -4.46 billion BoP, current US$ | -5.68 billion BoP, current US$ | -3.47 billion BoP, current US$ | 5 |
Countries ranked near Ethiopia
- 162 Algeria -2.95 billion BoP, current US$ compare
- 163 Lebanon -3.40 billion BoP, current US$ compare
- 164 Uganda -3.43 billion BoP, current US$ compare
- 166 Panama -3.71 billion BoP, current US$ compare
- 167 Cote d'Ivoire -3.72 billion BoP, current US$ compare
- 168 Sudan -3.79 billion BoP, current US$ 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 net financial account in Ethiopia?
- Net financial account in Ethiopia was -3.47 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Ethiopia?
- The highest recorded value was 209.61 million BoP, current US$ in 1994.
- What is the lowest net financial account recorded in Ethiopia?
- The lowest recorded value was -8.60 billion BoP, current US$ in 2018.
- How does Ethiopia rank for net financial account?
- Ethiopia ranks 165th out of 199 countries with data for 2024.
- Is net financial account rising or falling in Ethiopia?
- Over the last ten years it is up 58.0%. 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 Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. 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.