Net primary income in Ethiopia
Ethiopia: Net primary income was -194.15 million BoP, current US$ in 2024. ◆ Volatile
Net primary income in Ethiopia, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net primary income in Ethiopia stood at -194.15 million BoP, current US$.
That represents a change of up 40.2% on the previous year and down 10.3% over ten years.
Over the whole period, net primary income in Ethiopia peaked at 39.54 million BoP, current US$ in 2007 and was at its lowest, -660.76 million BoP, current US$, in 2020.
That places Ethiopia 84th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income in Ethiopia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 144,928 BoP, current US$ | — |
| 1978 | 5.51 million BoP, current US$ | +3700.0% |
| 1979 | 7.97 million BoP, current US$ | +44.7% |
| 1980 | 14.59 million BoP, current US$ | +83.0% |
| 1981 | 11.45 million BoP, current US$ | -21.5% |
| 1982 | 13.96 million BoP, current US$ | +21.9% |
| 1983 | 2.66 million BoP, current US$ | -81.0% |
| 1984 | -13.72 million BoP, current US$ | -616.4% |
| 1985 | -15.12 million BoP, current US$ | +10.2% |
| 1986 | -27.10 million BoP, current US$ | +79.2% |
| 1987 | -36.81 million BoP, current US$ | +35.8% |
| 1988 | -55.60 million BoP, current US$ | +51.0% |
| 1989 | -72.37 million BoP, current US$ | +30.1% |
| 1990 | -68.55 million BoP, current US$ | -5.3% |
| 1991 | -82.27 million BoP, current US$ | +20.0% |
| 1992 | -81.83 million BoP, current US$ | -0.5% |
| 1993 | -52.46 million BoP, current US$ | -35.9% |
| 1994 | -31.65 million BoP, current US$ | -39.7% |
| 1995 | -18.79 million BoP, current US$ | -40.6% |
| 1996 | -33.94 million BoP, current US$ | +80.7% |
| 1997 | -41.30 million BoP, current US$ | +21.7% |
| 1998 | -43.24 million BoP, current US$ | +4.7% |
| 1999 | -33.79 million BoP, current US$ | -21.9% |
| 2000 | -35.84 million BoP, current US$ | +6.1% |
| 2001 | -32.01 million BoP, current US$ | -10.7% |
| 2002 | -22.56 million BoP, current US$ | -29.5% |
| 2003 | -24.19 million BoP, current US$ | +7.2% |
| 2004 | -28.62 million BoP, current US$ | +18.3% |
| 2005 | -4.63 million BoP, current US$ | -83.8% |
| 2006 | 17.94 million BoP, current US$ | -487.3% |
| 2007 | 39.54 million BoP, current US$ | +120.4% |
| 2008 | 1.63 million BoP, current US$ | -95.9% |
| 2009 | -36.80 million BoP, current US$ | -2351.5% |
| 2010 | -62.96 million BoP, current US$ | +71.1% |
| 2011 | -94.00 million BoP, current US$ | +49.3% |
| 2012 | -96.82 million BoP, current US$ | +3.0% |
| 2013 | -131.09 million BoP, current US$ | +35.4% |
| 2014 | -175.97 million BoP, current US$ | +34.2% |
| 2015 | -292.56 million BoP, current US$ | +66.3% |
| 2016 | -412.68 million BoP, current US$ | +41.1% |
| 2017 | -471.37 million BoP, current US$ | +14.2% |
| 2018 | -333.82 million BoP, current US$ | -29.2% |
| 2019 | -599.24 million BoP, current US$ | +79.5% |
| 2020 | -660.76 million BoP, current US$ | +10.3% |
| 2021 | -543.31 million BoP, current US$ | -17.8% |
| 2022 | -501.57 million BoP, current US$ | -7.7% |
| 2023 | -324.93 million BoP, current US$ | -35.2% |
| 2024 | -194.15 million BoP, current US$ | -40.2% |
Ethiopia compared with similar countries
- Ethiopia's -194.15 million BoP, current US$ is above the median for low income countries, which is -348.88 million BoP, current US$, 56% of the median. (23 countries reporting)
- Ethiopia's -194.15 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -348.88 million BoP, current US$, 56% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net primary income in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +3700.0% | 144,928 BoP, current US$ | 5.51 million BoP, current US$ |
| 2009 | -2351.5% | 1.63 million BoP, current US$ | -36.80 million BoP, current US$ |
| 1984 | -616.4% | 2.66 million BoP, current US$ | -13.72 million BoP, current US$ |
| 2006 | +487.3% | -4.63 million BoP, current US$ | 17.94 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.54 million BoP, current US$ | 144,928 BoP, current US$ | 7.97 million BoP, current US$ | 3 |
| 1980s | -17.81 million BoP, current US$ | -72.37 million BoP, current US$ | 14.59 million BoP, current US$ | 10 |
| 1990s | -48.78 million BoP, current US$ | -82.27 million BoP, current US$ | -18.79 million BoP, current US$ | 10 |
| 2000s | -12.55 million BoP, current US$ | -36.80 million BoP, current US$ | 39.54 million BoP, current US$ | 10 |
| 2010s | -267.05 million BoP, current US$ | -599.24 million BoP, current US$ | -62.96 million BoP, current US$ | 10 |
| 2020s | -444.94 million BoP, current US$ | -660.76 million BoP, current US$ | -194.15 million BoP, current US$ | 5 |
Countries ranked near Ethiopia
- 81 San Marino -177.34 million BoP, current US$ compare
- 82 Benin -189.28 million BoP, current US$ compare
- 83 Malawi -191.69 million BoP, current US$ compare
- 85 Iran -200.00 million BoP, current US$ compare
- 86 Saint Lucia -230.70 million BoP, current US$ compare
- 87 Kyrgyzstan -239.98 million 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 primary income in Ethiopia?
- Net primary income in Ethiopia was -194.15 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Ethiopia?
- The highest recorded value was 39.54 million BoP, current US$ in 2007.
- What is the lowest net primary income recorded in Ethiopia?
- The lowest recorded value was -660.76 million BoP, current US$ in 2020.
- How does Ethiopia rank for net primary income?
- Ethiopia ranks 84th out of 200 countries with data for 2024.
- Is net primary income rising or falling in Ethiopia?
- Over the last ten years it is down 10.3%. 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 primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.