Net trade in goods and services in Ethiopia
Ethiopia: Net trade in goods and services was -11.95 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-11.95 billion BoP, current US$
Change on year
up 1.1%
World rank
183rd
of 200 countries
All-time high
-139.23 million BoP, current US$
in 1977
All-time low
-14.09 billion BoP, current US$
in 2016
Years of data
48
1977–2024
Net trade in 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$.
Analysis
The most recent figure for net trade in goods and services in Ethiopia is -11.95 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is up 1.1% on the previous year and down 1.1% over ten years.
Over the whole period, net trade in goods and services in Ethiopia peaked at -139.23 million BoP, current US$ in 1977 and was at its lowest, -14.09 billion BoP, current US$, in 2016.
Ethiopia ranks 183rd of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Ethiopia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -139.23 million BoP, current US$ | — |
| 1978 | -201.93 million BoP, current US$ | +45.0% |
| 1979 | -181.45 million BoP, current US$ | -10.1% |
| 1980 | -313.14 million BoP, current US$ | +72.6% |
| 1981 | -329.86 million BoP, current US$ | +5.3% |
| 1982 | -349.66 million BoP, current US$ | +6.0% |
| 1983 | -423.24 million BoP, current US$ | +21.0% |
| 1984 | -447.68 million BoP, current US$ | +5.8% |
| 1985 | -489.61 million BoP, current US$ | +9.4% |
| 1986 | -483.24 million BoP, current US$ | -1.3% |
| 1987 | -588.26 million BoP, current US$ | +21.7% |
| 1988 | -614.40 million BoP, current US$ | +4.4% |
| 1989 | -408.26 million BoP, current US$ | -33.6% |
| 1990 | -674.30 million BoP, current US$ | +65.2% |
| 1991 | -319.27 million BoP, current US$ | -52.7% |
| 1992 | -923.52 million BoP, current US$ | +189.3% |
| 1993 | -528.92 million BoP, current US$ | -42.7% |
| 1994 | -569.49 million BoP, current US$ | +7.7% |
| 1995 | -678.07 million BoP, current US$ | +19.1% |
| 1996 | -557.90 million BoP, current US$ | -17.7% |
| 1997 | -416.86 million BoP, current US$ | -25.3% |
| 1998 | -863.46 million BoP, current US$ | +107.1% |
| 1999 | -912.50 million BoP, current US$ | +5.7% |
| 2000 | -628.71 million BoP, current US$ | -31.1% |
| 2001 | -1.17 billion BoP, current US$ | +86.4% |
| 2002 | -969.77 million BoP, current US$ | -17.2% |
| 2003 | -1.35 billion BoP, current US$ | +38.8% |
| 2004 | -2.04 billion BoP, current US$ | +51.8% |
| 2005 | -2.97 billion BoP, current US$ | +45.1% |
| 2006 | -3.08 billion BoP, current US$ | +3.8% |
| 2007 | -4.25 billion BoP, current US$ | +38.3% |
| 2008 | -6.10 billion BoP, current US$ | +43.4% |
| 2009 | -5.61 billion BoP, current US$ | -8.0% |
| 2010 | -5.27 billion BoP, current US$ | -6.1% |
| 2011 | -5.92 billion BoP, current US$ | +12.4% |
| 2012 | -8.14 billion BoP, current US$ | +37.3% |
| 2013 | -8.13 billion BoP, current US$ | -0.0% |
| 2014 | -11.82 billion BoP, current US$ | +45.3% |
| 2015 | -13.85 billion BoP, current US$ | +17.2% |
| 2016 | -14.09 billion BoP, current US$ | +1.7% |
| 2017 | -12.67 billion BoP, current US$ | -10.1% |
| 2018 | -12.30 billion BoP, current US$ | -2.9% |
| 2019 | -11.64 billion BoP, current US$ | -5.4% |
| 2020 | -9.46 billion BoP, current US$ | -18.8% |
| 2021 | -11.36 billion BoP, current US$ | +20.2% |
| 2022 | -13.22 billion BoP, current US$ | +16.3% |
| 2023 | -12.09 billion BoP, current US$ | -8.6% |
| 2024 | -11.95 billion BoP, current US$ | -1.1% |
Ethiopia compared with similar countries
- Ethiopia's -11.95 billion BoP, current US$ is below the median for low income countries, which is -1.27 billion BoP, current US$, 9.4× the median. (23 countries reporting)
- Ethiopia's -11.95 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -701.38 million BoP, current US$, 17.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -189.3% | -319.27 million BoP, current US$ | -923.52 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -174.20 million BoP, current US$ | -201.93 million BoP, current US$ | -139.23 million BoP, current US$ | 3 |
| 1980s | -444.73 million BoP, current US$ | -614.40 million BoP, current US$ | -313.14 million BoP, current US$ | 10 |
| 1990s | -644.43 million BoP, current US$ | -923.52 million BoP, current US$ | -319.27 million BoP, current US$ | 10 |
| 2000s | -2.82 billion BoP, current US$ | -6.10 billion BoP, current US$ | -628.71 million BoP, current US$ | 10 |
| 2010s | -10.38 billion BoP, current US$ | -14.09 billion BoP, current US$ | -5.27 billion BoP, current US$ | 10 |
| 2020s | -11.61 billion BoP, current US$ | -13.22 billion BoP, current US$ | -9.46 billion BoP, current US$ | 5 |
Countries ranked near Ethiopia
- 180 Mexico -10.66 billion BoP, current US$ compare
- 181 Nepal -10.96 billion BoP, current US$ compare
- 182 Lebanon -11.54 billion BoP, current US$ compare
- 184 Belgium -13.81 billion BoP, current US$ compare
- 185 Greece -13.93 billion BoP, current US$ compare
- 186 Colombia -14.87 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 trade in goods and services in Ethiopia?
- Net trade in goods and services in Ethiopia was -11.95 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 trade in goods and services recorded in Ethiopia?
- The highest recorded value was -139.23 million BoP, current US$ in 1977.
- What is the lowest net trade in goods and services recorded in Ethiopia?
- The lowest recorded value was -14.09 billion BoP, current US$ in 2016.
- How does Ethiopia rank for net trade in goods and services?
- Ethiopia ranks 183rd out of 200 countries with data for 2024.
- Is net trade in goods and services rising or falling in Ethiopia?
- Over the last ten years it is down 1.1%. 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 Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.