Financial account balance (assets less liabilities), Net (net) in Ethiopia
Ethiopia: Financial account balance (assets less liabilities), Net (net) was -3.45 billion in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Ethiopia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, financial account balance (assets less liabilities), net (net) in Ethiopia stood at -3.45 billion.
The figure is up 20.0% on the previous year and up 58.2% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Ethiopia peaked at -355.05 million in 2008 and was at its lowest, -8.24 billion, in 2014.
That places Ethiopia 168th out of 197 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.
Financial account balance (assets less liabilities), Net (net) in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.08 billion | — |
| 2006 | -624.57 million | -42.2% |
| 2007 | -984.52 million | +57.6% |
| 2008 | -355.05 million | -63.9% |
| 2009 | -2.98 billion | +740.4% |
| 2010 | -3.26 billion | +9.3% |
| 2011 | -2.37 billion | -27.4% |
| 2012 | -1.07 billion | -54.9% |
| 2013 | -3.33 billion | +212.1% |
| 2014 | -8.24 billion | +147.7% |
| 2015 | -7.64 billion | -7.3% |
| 2016 | -5.10 billion | -33.3% |
| 2017 | -6.33 billion | +24.2% |
| 2018 | -6.75 billion | +6.6% |
| 2019 | -3.25 billion | -51.8% |
| 2020 | -4.62 billion | +42.1% |
| 2021 | -4.57 billion | -1.1% |
| 2022 | -3.08 billion | -32.6% |
| 2023 | -4.31 billion | +39.9% |
| 2024 | -3.45 billion | -20.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.21 billion | -2.98 billion | -355.05 million | 5 |
| 2010s | -4.73 billion | -8.24 billion | -1.07 billion | 10 |
| 2020s | -4.01 billion | -4.62 billion | -3.08 billion | 5 |
Countries ranked near Ethiopia
More external debt data for Ethiopia
- IFC, private nonguaranteed 23.11 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.175 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0002 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 66.46 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.7% (2024)
- Net financial flows, IDA 1.13 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 8.58 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0076 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -4.01 million NFL, current US$ (1995)
- Public and publicly guaranteed debt service 8.1% (2024)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Ethiopia?
- Financial account balance (assets less liabilities), net (net) in Ethiopia was -3.45 billion in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Ethiopia?
- The highest recorded value was -355.05 million in 2008.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Ethiopia?
- The lowest recorded value was -8.24 billion in 2014.
- How does Ethiopia rank for financial account balance (assets less liabilities), net (net)?
- Ethiopia ranks 168th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Ethiopia?
- Over the last ten years it is up 58.2%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.