Service exports (BoP, current US$), annual growth rate in Ethiopia
Ethiopia: Service exports (BoP, current US$), annual growth rate was 2.87 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Ethiopia, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, service exports (bop, current us$), annual growth rate in Ethiopia stood at 2.87 % change on previous year.
Compared with earlier readings it is down 49.1% on the previous year and up 166.2% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Ethiopia peaked at 54.9 % change on previous year in 1985 and was at its lowest, -15.55 % change on previous year, in 1986.
Ethiopia ranks 159th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Ethiopia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | -5.3 % change on previous year | — |
| 1979 | 8.63 % change on previous year | -263.0% |
| 1980 | 45.27 % change on previous year | +424.5% |
| 1981 | 5.55 % change on previous year | -87.7% |
| 1982 | 2.08 % change on previous year | -62.5% |
| 1983 | 2.82 % change on previous year | +35.7% |
| 1984 | 34.21 % change on previous year | +1111.5% |
| 1985 | 54.9 % change on previous year | +60.5% |
| 1986 | -15.55 % change on previous year | -128.3% |
| 1987 | 21.71 % change on previous year | -239.6% |
| 1988 | -8.46 % change on previous year | -139.0% |
| 1989 | 6.42 % change on previous year | -175.8% |
| 1990 | 5.35 % change on previous year | -16.7% |
| 1991 | -11.94 % change on previous year | -323.4% |
| 1992 | -0.2457 % change on previous year | -97.9% |
| 1993 | 3.6 % change on previous year | -1566.1% |
| 1994 | 6.26 % change on previous year | +73.9% |
| 1995 | 16.95 % change on previous year | +170.6% |
| 1996 | 9.47 % change on previous year | -44.1% |
| 1997 | 3.59 % change on previous year | -62.1% |
| 1998 | 0.2099 % change on previous year | -94.2% |
| 1999 | 20.96 % change on previous year | +9888.3% |
| 2000 | 6.88 % change on previous year | -67.2% |
| 2001 | -7.67 % change on previous year | -211.5% |
| 2002 | 9.77 % change on previous year | -227.4% |
| 2003 | 48.48 % change on previous year | +396.1% |
| 2004 | 32 % change on previous year | -34.0% |
| 2005 | 0.6634 % change on previous year | -97.9% |
| 2006 | 12.92 % change on previous year | +1848.2% |
| 2007 | 13.64 % change on previous year | +5.5% |
| 2008 | 36.79 % change on previous year | +169.7% |
| 2009 | -2.33 % change on previous year | -106.3% |
| 2010 | 24.75 % change on previous year | -1160.9% |
| 2011 | 29.45 % change on previous year | +19.0% |
| 2012 | -2.33 % change on previous year | -107.9% |
| 2013 | 13.34 % change on previous year | -673.2% |
| 2014 | -4.34 % change on previous year | -132.5% |
| 2015 | 4.04 % change on previous year | -193.0% |
| 2016 | 0.2455 % change on previous year | -93.9% |
| 2017 | 16.58 % change on previous year | +6651.1% |
| 2018 | 36.35 % change on previous year | +119.3% |
| 2019 | -1.57 % change on previous year | -104.3% |
| 2020 | -7.86 % change on previous year | +401.6% |
| 2021 | 24.75 % change on previous year | -414.9% |
| 2022 | 25.78 % change on previous year | +4.2% |
| 2023 | 5.64 % change on previous year | -78.1% |
| 2024 | 2.87 % change on previous year | -49.1% |
Ethiopia compared with similar countries
- Ethiopia's 2.87 % change on previous year is below the median for low income countries, which is 8.74 % change on previous year, 33% of the median. (23 countries reporting)
- Ethiopia's 2.87 % change on previous year is below the median for Sub-Saharan Africa, which is 9.24 % change on previous year, 31% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +9888.3% | 0.2099 % change on previous year | 20.96 % change on previous year |
| 2017 | +6651.1% | 0.2455 % change on previous year | 16.58 % change on previous year |
| 2006 | +1848.2% | 0.6634 % change on previous year | 12.92 % change on previous year |
| 1993 | +1566.1% | -0.2457 % change on previous year | 3.6 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.67 % change on previous year | -5.3 % change on previous year | 8.63 % change on previous year | 2 |
| 1980s | 14.89 % change on previous year | -15.55 % change on previous year | 54.9 % change on previous year | 10 |
| 1990s | 5.42 % change on previous year | -11.94 % change on previous year | 20.96 % change on previous year | 10 |
| 2000s | 15.11 % change on previous year | -7.67 % change on previous year | 48.48 % change on previous year | 10 |
| 2010s | 11.65 % change on previous year | -4.34 % change on previous year | 36.35 % change on previous year | 10 |
| 2020s | 10.24 % change on previous year | -7.86 % change on previous year | 25.78 % change on previous year | 5 |
Countries ranked near Ethiopia
- 156 New Zealand 3.14 % change on previous year compare
- 157 French Polynesia 3.1 % change on previous year compare
- 158 Senegal 3.09 % change on previous year compare
- 160 Mauritius 2.64 % change on previous year compare
- 161 Lesotho 2.51 % change on previous year compare
- 162 Congo 2.49 % change on previous year compare
More economy & growth data for Ethiopia
- Foreign direct investment, net outflows (BoP, current US$), 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 service exports (bop, current us$), annual growth rate in Ethiopia?
- Service exports (bop, current us$), annual growth rate in Ethiopia was 2.87 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Ethiopia?
- The highest recorded value was 54.9 % change on previous year in 1985.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Ethiopia?
- The lowest recorded value was -15.55 % change on previous year in 1986.
- How does Ethiopia rank for service exports (bop, current us$), annual growth rate?
- Ethiopia ranks 159th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Ethiopia?
- Over the last ten years it is up 166.2%. 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 Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports 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 Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.