Primary income payments in Ethiopia
Ethiopia: Primary income payments was 365.73 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
365.73 million BoP, current US$
Change on year
down 7.2%
World rank
149th
of 200 countries
All-time high
673.61 million BoP, current US$
in 2020
All-time low
12.51 million BoP, current US$
in 1979
Years of data
48
1977–2024
Primary income payments in Ethiopia, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income payments in Ethiopia is 365.73 million BoP, current US$, measured in 2024.
Compared with earlier readings it is down 7.2% on the previous year and up 96.2% over ten years.
Over the whole period, primary income payments in Ethiopia peaked at 673.61 million BoP, current US$ in 2020 and was at its lowest, 12.51 million BoP, current US$, in 1979.
Ethiopia ranks 149th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Ethiopia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 19.13 million BoP, current US$ | — |
| 1978 | 12.56 million BoP, current US$ | -34.3% |
| 1979 | 12.51 million BoP, current US$ | -0.4% |
| 1980 | 13.53 million BoP, current US$ | +8.1% |
| 1981 | 13.33 million BoP, current US$ | -1.4% |
| 1982 | 27.44 million BoP, current US$ | +105.8% |
| 1983 | 28.02 million BoP, current US$ | +2.1% |
| 1984 | 37.54 million BoP, current US$ | +34.0% |
| 1985 | 39.86 million BoP, current US$ | +6.2% |
| 1986 | 61.11 million BoP, current US$ | +53.3% |
| 1987 | 58.70 million BoP, current US$ | -4.0% |
| 1988 | 72.75 million BoP, current US$ | +24.0% |
| 1989 | 85.02 million BoP, current US$ | +16.9% |
| 1990 | 77.73 million BoP, current US$ | -8.6% |
| 1991 | 96.72 million BoP, current US$ | +24.4% |
| 1992 | 104.12 million BoP, current US$ | +7.7% |
| 1993 | 78.40 million BoP, current US$ | -24.7% |
| 1994 | 74.57 million BoP, current US$ | -4.9% |
| 1995 | 87.15 million BoP, current US$ | +16.9% |
| 1996 | 75.18 million BoP, current US$ | -13.7% |
| 1997 | 65.54 million BoP, current US$ | -12.8% |
| 1998 | 64.24 million BoP, current US$ | -2.0% |
| 1999 | 50.43 million BoP, current US$ | -21.5% |
| 2000 | 52.02 million BoP, current US$ | +3.2% |
| 2001 | 48.30 million BoP, current US$ | -7.2% |
| 2002 | 36.86 million BoP, current US$ | -23.7% |
| 2003 | 43.06 million BoP, current US$ | +16.8% |
| 2004 | 60.34 million BoP, current US$ | +40.1% |
| 2005 | 48.03 million BoP, current US$ | -20.4% |
| 2006 | 37.83 million BoP, current US$ | -21.2% |
| 2007 | 36.93 million BoP, current US$ | -2.4% |
| 2008 | 35.87 million BoP, current US$ | -2.9% |
| 2009 | 43.30 million BoP, current US$ | +20.7% |
| 2010 | 71.10 million BoP, current US$ | +64.2% |
| 2011 | 102.79 million BoP, current US$ | +44.6% |
| 2012 | 105.47 million BoP, current US$ | +2.6% |
| 2013 | 138.71 million BoP, current US$ | +31.5% |
| 2014 | 186.41 million BoP, current US$ | +34.4% |
| 2015 | 311.42 million BoP, current US$ | +67.1% |
| 2016 | 424.94 million BoP, current US$ | +36.5% |
| 2017 | 499.80 million BoP, current US$ | +17.6% |
| 2018 | 400.31 million BoP, current US$ | -19.9% |
| 2019 | 665.81 million BoP, current US$ | +66.3% |
| 2020 | 673.61 million BoP, current US$ | +1.2% |
| 2021 | 550.32 million BoP, current US$ | -18.3% |
| 2022 | 529.03 million BoP, current US$ | -3.9% |
| 2023 | 394.11 million BoP, current US$ | -25.5% |
| 2024 | 365.73 million BoP, current US$ | -7.2% |
Ethiopia compared with similar countries
- Ethiopia's 365.73 million BoP, current US$ is below the median for low income countries, which is 380.87 million BoP, current US$, 96% of the median. (23 countries reporting)
- Ethiopia's 365.73 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 558.91 million BoP, current US$, 65% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.73 million BoP, current US$ | 12.51 million BoP, current US$ | 19.13 million BoP, current US$ | 3 |
| 1980s | 43.73 million BoP, current US$ | 13.33 million BoP, current US$ | 85.02 million BoP, current US$ | 10 |
| 1990s | 77.41 million BoP, current US$ | 50.43 million BoP, current US$ | 104.12 million BoP, current US$ | 10 |
| 2000s | 44.25 million BoP, current US$ | 35.87 million BoP, current US$ | 60.34 million BoP, current US$ | 10 |
| 2010s | 290.67 million BoP, current US$ | 71.10 million BoP, current US$ | 665.81 million BoP, current US$ | 10 |
| 2020s | 502.56 million BoP, current US$ | 365.73 million BoP, current US$ | 673.61 million BoP, current US$ | 5 |
Countries ranked near Ethiopia
- 146 Tajikistan 404.86 million BoP, current US$ compare
- 147 Suriname 390.70 million BoP, current US$ compare
- 148 Yemen 380.87 million BoP, current US$ compare
- 150 Rwanda 364.49 million BoP, current US$ compare
- 151 East Timor 364.43 million BoP, current US$ compare
- 152 Kyrgyzstan 363.91 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 primary income payments in Ethiopia?
- Primary income payments in Ethiopia was 365.73 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Ethiopia?
- The highest recorded value was 673.61 million BoP, current US$ in 2020.
- What is the lowest primary income payments recorded in Ethiopia?
- The lowest recorded value was 12.51 million BoP, current US$ in 1979.
- How does Ethiopia rank for primary income payments?
- Ethiopia ranks 149th out of 200 countries with data for 2024.
- Is primary income payments rising or falling in Ethiopia?
- Over the last ten years it is up 96.2%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.