Service exports (BoP, current US$) in Ethiopia
Ethiopia: Service exports (BoP, current US$) was 7.61 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
7.61 billion BoP, current US$
Change on year
up 2.9%
World rank
83rd
of 200 countries
All-time high
7.61 billion BoP, current US$
in 2024
All-time low
79.47 million BoP, current US$
in 1978
Years of data
48
1977–2024
Service exports in Ethiopia, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Ethiopia recorded 7.61 billion BoP, current US$ for service exports in 2024. That is the highest value across all 48 years on record.
Compared with earlier readings it is up 2.9% on the previous year and up 156.4% over ten years.
Over the whole period, service exports in Ethiopia peaked at 7.61 billion BoP, current US$ in 2024 and was at its lowest, 79.47 million BoP, current US$, in 1978.
That places Ethiopia 83rd out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$) in Ethiopia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 83.91 million BoP, current US$ | — |
| 1978 | 79.47 million BoP, current US$ | -5.3% |
| 1979 | 86.33 million BoP, current US$ | +8.6% |
| 1980 | 125.41 million BoP, current US$ | +45.3% |
| 1981 | 132.37 million BoP, current US$ | +5.5% |
| 1982 | 135.12 million BoP, current US$ | +2.1% |
| 1983 | 138.94 million BoP, current US$ | +2.8% |
| 1984 | 186.47 million BoP, current US$ | +34.2% |
| 1985 | 288.84 million BoP, current US$ | +54.9% |
| 1986 | 243.91 million BoP, current US$ | -15.6% |
| 1987 | 296.86 million BoP, current US$ | +21.7% |
| 1988 | 271.74 million BoP, current US$ | -8.5% |
| 1989 | 289.18 million BoP, current US$ | +6.4% |
| 1990 | 304.64 million BoP, current US$ | +5.3% |
| 1991 | 268.26 million BoP, current US$ | -11.9% |
| 1992 | 267.60 million BoP, current US$ | -0.2% |
| 1993 | 277.24 million BoP, current US$ | +3.6% |
| 1994 | 294.61 million BoP, current US$ | +6.3% |
| 1995 | 344.54 million BoP, current US$ | +16.9% |
| 1996 | 377.17 million BoP, current US$ | +9.5% |
| 1997 | 390.73 million BoP, current US$ | +3.6% |
| 1998 | 391.55 million BoP, current US$ | +0.2% |
| 1999 | 473.62 million BoP, current US$ | +21.0% |
| 2000 | 506.20 million BoP, current US$ | +6.9% |
| 2001 | 467.37 million BoP, current US$ | -7.7% |
| 2002 | 513.03 million BoP, current US$ | +9.8% |
| 2003 | 761.74 million BoP, current US$ | +48.5% |
| 2004 | 1.01 billion BoP, current US$ | +32.0% |
| 2005 | 1.01 billion BoP, current US$ | +0.7% |
| 2006 | 1.14 billion BoP, current US$ | +12.9% |
| 2007 | 1.30 billion BoP, current US$ | +13.6% |
| 2008 | 1.78 billion BoP, current US$ | +36.8% |
| 2009 | 1.74 billion BoP, current US$ | -2.3% |
| 2010 | 2.16 billion BoP, current US$ | +24.7% |
| 2011 | 2.80 billion BoP, current US$ | +29.4% |
| 2012 | 2.74 billion BoP, current US$ | -2.3% |
| 2013 | 3.10 billion BoP, current US$ | +13.3% |
| 2014 | 2.97 billion BoP, current US$ | -4.3% |
| 2015 | 3.09 billion BoP, current US$ | +4.0% |
| 2016 | 3.09 billion BoP, current US$ | +0.2% |
| 2017 | 3.61 billion BoP, current US$ | +16.6% |
| 2018 | 4.92 billion BoP, current US$ | +36.4% |
| 2019 | 4.84 billion BoP, current US$ | -1.6% |
| 2020 | 4.46 billion BoP, current US$ | -7.9% |
| 2021 | 5.57 billion BoP, current US$ | +24.7% |
| 2022 | 7.00 billion BoP, current US$ | +25.8% |
| 2023 | 7.40 billion BoP, current US$ | +5.6% |
| 2024 | 7.61 billion BoP, current US$ | +2.9% |
Ethiopia compared with similar countries
- Ethiopia's 7.61 billion BoP, current US$ is above the median for low income countries, which is 484.47 million BoP, current US$, 15.7× the median. (23 countries reporting)
- Ethiopia's 7.61 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 514.12 million BoP, current US$, 14.8× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 83.24 million BoP, current US$ | 79.47 million BoP, current US$ | 86.33 million BoP, current US$ | 3 |
| 1980s | 210.88 million BoP, current US$ | 125.41 million BoP, current US$ | 296.86 million BoP, current US$ | 10 |
| 1990s | 339.00 million BoP, current US$ | 267.60 million BoP, current US$ | 473.62 million BoP, current US$ | 10 |
| 2000s | 1.02 billion BoP, current US$ | 467.37 million BoP, current US$ | 1.78 billion BoP, current US$ | 10 |
| 2010s | 3.33 billion BoP, current US$ | 2.16 billion BoP, current US$ | 4.92 billion BoP, current US$ | 10 |
| 2020s | 6.41 billion BoP, current US$ | 4.46 billion BoP, current US$ | 7.61 billion BoP, current US$ | 5 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Real gdp growth, annual growth rate 13.66 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 4.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0318 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.4608 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0232 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -16.34 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 3.57 units per person (2025)
Frequently asked questions
- What is service exports in Ethiopia?
- Service exports in Ethiopia was 7.61 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Ethiopia?
- The highest recorded value was 7.61 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Ethiopia?
- The lowest recorded value was 79.47 million BoP, current US$ in 1978.
- How does Ethiopia rank for service exports?
- Ethiopia ranks 83rd out of 200 countries with data for 2024.
- Is service exports rising or falling in Ethiopia?
- Over the last ten years it is up 156.4%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. 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.