Net trade in goods and services (BoP, current US$), annual growth rate in Ethiopia
Ethiopia: Net trade in goods and services (BoP, current US$), annual growth rate was 1.14 % change on previous year in 2024. ◆ Volatile
Net trade in goods and services (BoP, current US$), annual growth rate in Ethiopia, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, net trade in goods and services (bop, current us$), annual growth rate in Ethiopia stood at 1.14 % change on previous year.
That represents a change of down 86.7% on the previous year and up 102.5% over ten years.
Over the whole period, net trade in goods and services (bop, current us$), annual growth rate in Ethiopia peaked at 52.65 % change on previous year in 1991 and was at its lowest, -189.26 % change on previous year, in 1992.
That places Ethiopia 94th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services (BoP, current US$), annual growth rate in Ethiopia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | -45.04 % change on previous year | — |
| 1979 | 10.14 % change on previous year | -122.5% |
| 1980 | -72.58 % change on previous year | -815.5% |
| 1981 | -5.34 % change on previous year | -92.6% |
| 1982 | -6 % change on previous year | +12.5% |
| 1983 | -21.04 % change on previous year | +250.4% |
| 1984 | -5.78 % change on previous year | -72.6% |
| 1985 | -9.37 % change on previous year | +62.2% |
| 1986 | 1.3 % change on previous year | -113.9% |
| 1987 | -21.73 % change on previous year | -1768.7% |
| 1988 | -4.44 % change on previous year | -79.6% |
| 1989 | 33.55 % change on previous year | -855.2% |
| 1990 | -65.16 % change on previous year | -294.2% |
| 1991 | 52.65 % change on previous year | -180.8% |
| 1992 | -189.26 % change on previous year | -459.5% |
| 1993 | 42.73 % change on previous year | -122.6% |
| 1994 | -7.67 % change on previous year | -118.0% |
| 1995 | -19.07 % change on previous year | +148.6% |
| 1996 | 17.72 % change on previous year | -193.0% |
| 1997 | 25.28 % change on previous year | +42.7% |
| 1998 | -107.13 % change on previous year | -523.8% |
| 1999 | -5.68 % change on previous year | -94.7% |
| 2000 | 31.1 % change on previous year | -647.6% |
| 2001 | -86.36 % change on previous year | -377.7% |
| 2002 | 17.23 % change on previous year | -120.0% |
| 2003 | -38.75 % change on previous year | -324.9% |
| 2004 | -51.83 % change on previous year | +33.7% |
| 2005 | -45.14 % change on previous year | -12.9% |
| 2006 | -3.79 % change on previous year | -91.6% |
| 2007 | -38.25 % change on previous year | +908.8% |
| 2008 | -43.43 % change on previous year | +13.5% |
| 2009 | 8.02 % change on previous year | -118.5% |
| 2010 | 6.1 % change on previous year | -24.0% |
| 2011 | -12.38 % change on previous year | -302.9% |
| 2012 | -37.35 % change on previous year | +201.6% |
| 2013 | 0.003 % change on previous year | -100.0% |
| 2014 | -45.28 % change on previous year | -1534865.3% |
| 2015 | -17.22 % change on previous year | -62.0% |
| 2016 | -1.72 % change on previous year | -90.0% |
| 2017 | 10.07 % change on previous year | -687.0% |
| 2018 | 2.9 % change on previous year | -71.2% |
| 2019 | 5.41 % change on previous year | +86.3% |
| 2020 | 18.76 % change on previous year | +246.9% |
| 2021 | -20.18 % change on previous year | -207.6% |
| 2022 | -16.31 % change on previous year | -19.2% |
| 2023 | 8.55 % change on previous year | -152.5% |
| 2024 | 1.14 % change on previous year | -86.7% |
Ethiopia compared with similar countries
- Ethiopia's 1.14 % change on previous year is below the median for low income countries, which is 5.95 % change on previous year, 19% of the median. (23 countries reporting)
- Ethiopia's 1.14 % change on previous year is below the median for Sub-Saharan Africa, which is 2.26 % change on previous year, 50% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services (BoP, current US$), annual growth rate in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | -1534865.3% | 0.003 % change on previous year | -45.28 % change on previous year |
| 1987 | -1768.7% | 1.3 % change on previous year | -21.73 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -17.45 % change on previous year | -45.04 % change on previous year | 10.14 % change on previous year | 2 |
| 1980s | -11.14 % change on previous year | -72.58 % change on previous year | 33.55 % change on previous year | 10 |
| 1990s | -25.56 % change on previous year | -189.26 % change on previous year | 52.65 % change on previous year | 10 |
| 2000s | -25.12 % change on previous year | -86.36 % change on previous year | 31.1 % change on previous year | 10 |
| 2010s | -8.95 % change on previous year | -45.28 % change on previous year | 10.07 % change on previous year | 10 |
| 2020s | -1.61 % change on previous year | -20.18 % change on previous year | 18.76 % change on previous year | 5 |
Countries ranked near Ethiopia
- 91 Cayman Islands 1.54 % change on previous year compare
- 92 Luxembourg 1.49 % change on previous year compare
- 93 Israel 1.31 % change on previous year compare
- 95 Nepal 1.07 % change on previous year compare
- 96 Rwanda 0.597 % change on previous year compare
- 97 Czechia 0.098 % change on previous year compare
More economy & growth data for Ethiopia
- Foreign direct investment, net outflows (BoP, current US$), 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 trade in goods and services (bop, current us$), annual growth rate in Ethiopia?
- Net trade in goods and services (bop, current us$), annual growth rate in Ethiopia was 1.14 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net trade in goods and services (bop, current us$), annual growth rate recorded in Ethiopia?
- The highest recorded value was 52.65 % change on previous year in 1991.
- What is the lowest net trade in goods and services (bop, current us$), annual growth rate recorded in Ethiopia?
- The lowest recorded value was -189.26 % change on previous year in 1992.
- How does Ethiopia rank for net trade in goods and services (bop, current us$), annual growth rate?
- Ethiopia ranks 94th out of 199 countries with data for 2024.
- Is net trade in goods and services (bop, current us$), annual growth rate rising or falling in Ethiopia?
- Over the last ten years it is up 102.5%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.