Service imports (BoP, current US$), annual growth rate in Ethiopia
Ethiopia: Service imports (BoP, current US$), annual growth rate was -27.87 % change on previous year in 2024. ◆ Volatile
Service imports (BoP, current US$), annual growth rate in Ethiopia, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, service imports (bop, current us$), annual growth rate in Ethiopia stood at -27.87 % change on previous year. That is the lowest value across all 47 years on record.
That represents a change of down 1,246.9% on the previous year and down 198.9% over ten years.
Over the whole period, service imports (bop, current us$), annual growth rate in Ethiopia peaked at 49.41 % change on previous year in 2007 and was at its lowest, -27.87 % change on previous year, in 2024.
That places Ethiopia 195th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), annual growth rate in Ethiopia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 8.35 % change on previous year | — |
| 1979 | 15.98 % change on previous year | +91.5% |
| 1980 | 18.83 % change on previous year | +17.8% |
| 1981 | -0.812 % change on previous year | -104.3% |
| 1982 | 2.81 % change on previous year | -445.6% |
| 1983 | 5.87 % change on previous year | +109.1% |
| 1984 | 12.36 % change on previous year | +110.5% |
| 1985 | 7.19 % change on previous year | -41.8% |
| 1986 | 0.3568 % change on previous year | -95.0% |
| 1987 | 13.23 % change on previous year | +3607.5% |
| 1988 | 7.29 % change on previous year | -44.9% |
| 1989 | -2.03 % change on previous year | -127.9% |
| 1990 | 10.97 % change on previous year | -639.0% |
| 1991 | -20.76 % change on previous year | -289.3% |
| 1992 | 29.51 % change on previous year | -242.2% |
| 1993 | -18.8 % change on previous year | -163.7% |
| 1994 | 3.81 % change on previous year | -120.3% |
| 1995 | 13.67 % change on previous year | +258.8% |
| 1996 | -0.8752 % change on previous year | -106.4% |
| 1997 | 12.72 % change on previous year | -1552.9% |
| 1998 | 15.56 % change on previous year | +22.3% |
| 1999 | 2.36 % change on previous year | -84.8% |
| 2000 | 4.99 % change on previous year | +111.4% |
| 2001 | 6.52 % change on previous year | +30.6% |
| 2002 | 10.97 % change on previous year | +68.3% |
| 2003 | 22.45 % change on previous year | +104.6% |
| 2004 | 35.22 % change on previous year | +56.9% |
| 2005 | 24.58 % change on previous year | -30.2% |
| 2006 | -1.95 % change on previous year | -107.9% |
| 2007 | 49.41 % change on previous year | -2633.6% |
| 2008 | 36.75 % change on previous year | -25.6% |
| 2009 | -7.02 % change on previous year | -119.1% |
| 2010 | 14.67 % change on previous year | -309.1% |
| 2011 | 34.34 % change on previous year | +134.0% |
| 2012 | 4.58 % change on previous year | -86.7% |
| 2013 | -3.41 % change on previous year | -174.4% |
| 2014 | 28.18 % change on previous year | -926.3% |
| 2015 | 10.1 % change on previous year | -64.1% |
| 2016 | 7.88 % change on previous year | -22.0% |
| 2017 | -3.69 % change on previous year | -146.8% |
| 2018 | 22.24 % change on previous year | -703.0% |
| 2019 | -0.5191 % change on previous year | -102.3% |
| 2020 | -12.37 % change on previous year | +2282.8% |
| 2021 | 20.68 % change on previous year | -267.2% |
| 2022 | 14.19 % change on previous year | -31.4% |
| 2023 | 2.43 % change on previous year | -82.9% |
| 2024 | -27.87 % change on previous year | -1246.9% |
Ethiopia compared with similar countries
- Ethiopia's -27.87 % change on previous year is below the median for low income countries, which is 1.51 % change on previous year. (23 countries reporting)
- Ethiopia's -27.87 % change on previous year is below the median for Sub-Saharan Africa, which is 4.99 % change on previous year. (47 countries reporting)
Biggest year-on-year movements
Years where Service imports (BoP, current US$), annual growth rate in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +3607.5% | 0.3568 % change on previous year | 13.23 % change on previous year |
| 2007 | +2633.6% | -1.95 % change on previous year | 49.41 % change on previous year |
| 2020 | -2282.8% | -0.5191 % change on previous year | -12.37 % change on previous year |
| 1997 | +1552.9% | -0.8752 % change on previous year | 12.72 % change on previous year |
| 2024 | -1246.9% | 2.43 % change on previous year | -27.87 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.17 % change on previous year | 8.35 % change on previous year | 15.98 % change on previous year | 2 |
| 1980s | 6.51 % change on previous year | -2.03 % change on previous year | 18.83 % change on previous year | 10 |
| 1990s | 4.82 % change on previous year | -20.76 % change on previous year | 29.51 % change on previous year | 10 |
| 2000s | 18.19 % change on previous year | -7.02 % change on previous year | 49.41 % change on previous year | 10 |
| 2010s | 11.44 % change on previous year | -3.69 % change on previous year | 34.34 % change on previous year | 10 |
| 2020s | -0.5864 % change on previous year | -27.87 % change on previous year | 20.68 % change on previous year | 5 |
Countries ranked near Ethiopia
- 192 Democratic Republic of Congo -18.34 % change on previous year compare
- 193 Gabon -21.07 % change on previous year compare
- 194 Mali -23.04 % change on previous year compare
- 196 Bhutan -29.55 % change on previous year compare
- 197 Palau -29.9 % change on previous year compare
- 198 Venezuela -31.49 % change on previous year compare
More economy & growth data for Ethiopia
- Foreign direct investment, net outflows (BoP, current US$), 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 imports (bop, current us$), annual growth rate in Ethiopia?
- Service imports (bop, current us$), annual growth rate in Ethiopia was -27.87 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), annual growth rate recorded in Ethiopia?
- The highest recorded value was 49.41 % change on previous year in 2007.
- What is the lowest service imports (bop, current us$), annual growth rate recorded in Ethiopia?
- The lowest recorded value was -27.87 % change on previous year in 2024.
- How does Ethiopia rank for service imports (bop, current us$), annual growth rate?
- Ethiopia ranks 195th out of 199 countries with data for 2024.
- Is service imports (bop, current us$), annual growth rate rising or falling in Ethiopia?
- Over the last ten years it is down 198.9%. 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 imports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service imports 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 imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.