Net secondary income in Ethiopia
Ethiopia: Net secondary income was 8.35 billion BoP, current US$ in 2024. ◆ Volatile
Net secondary income in Ethiopia, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net secondary income in Ethiopia stood at 8.35 billion BoP, current US$.
That represents a change of up 9.5% on the previous year and up 34.2% over ten years.
Over the whole period, net secondary income in Ethiopia peaked at 8.56 billion BoP, current US$ in 2022 and was at its lowest, 56.52 million BoP, current US$, in 1977.
That places Ethiopia 20th out of 198 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 74.44 million BoP, current US$ | 56.52 million BoP, current US$ | 84.69 million BoP, current US$ | 3 |
| 1980s | 284.52 million BoP, current US$ | 68.89 million BoP, current US$ | 611.01 million BoP, current US$ | 10 |
| 1990s | 597.78 million BoP, current US$ | 417.90 million BoP, current US$ | 885.39 million BoP, current US$ | 10 |
| 2000s | 1.88 billion BoP, current US$ | 678.01 million BoP, current US$ | 4.30 billion BoP, current US$ | 10 |
| 2010s | 6.19 billion BoP, current US$ | 4.70 billion BoP, current US$ | 8.03 billion BoP, current US$ | 10 |
| 2020s | 7.87 billion BoP, current US$ | 7.40 billion BoP, current US$ | 8.56 billion BoP, current US$ | 5 |
Countries ranked near Ethiopia
- 17 Dominican Republic 11.30 billion BoP, current US$ compare
- 18 El Salvador 10.03 billion BoP, current US$ compare
- 19 Thailand 9.42 billion BoP, current US$ compare
- 21 Peru 7.91 billion BoP, current US$ compare
- 22 Kenya 7.61 billion BoP, current US$ compare
- 23 Ecuador 7.03 billion BoP, current US$ compare
More economy & growth data for Ethiopia
- External balance on goods and services as a percent of GDP -6.9% (2025)
- Inflation of consumer prices 13.2% (2025)
- GDP per capita 945.36 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.2% (2025)
- Gross domestic product (GDP) 128.07 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 945.36 constant 2015 US$ (2025)
- DEC alternative conversion factor 119.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.06 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 8.86 billion current US$ (2025)
- Taxes less subsidies on products 575.80 billion current LCU (2025)
Frequently asked questions
- What is net secondary income in Ethiopia?
- Net secondary income in Ethiopia was 8.35 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 secondary income recorded in Ethiopia?
- The highest recorded value was 8.56 billion BoP, current US$ in 2022.
- What is the lowest net secondary income recorded in Ethiopia?
- The lowest recorded value was 56.52 million BoP, current US$ in 1977.
- How does Ethiopia rank for net secondary income?
- Ethiopia ranks 20th out of 198 countries with data for 2024.
- Is net secondary income rising or falling in Ethiopia?
- Over the last ten years it is up 34.2%. 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 secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.