Broad money growth (annual %) in Ethiopia
Ethiopia: Broad money growth (annual %) was 23.4% in 2008. ▲ Rising
Broad money growth in Ethiopia, 1961–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for broad money growth in Ethiopia is 23.4%, measured in 2008.
Compared with earlier readings it is up 5.3% on the previous year and up 2,239.1% over ten years.
Over the whole period, broad money growth in Ethiopia peaked at 29.9% in 1973 and was at its lowest, -1.1%, in 1998.
That places Ethiopia 19th out of 167 countries with data for 2008, putting it in the top quarter.
The long-run direction has been consistently rising across the 48 years of available data.
Broad money growth (annual %) in Ethiopia, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 2.8% | — |
| 1962 | 11.2% | +302.9% |
| 1963 | 5.3% | -52.9% |
| 1964 | 25.4% | +381.3% |
| 1965 | 13.3% | -47.6% |
| 1966 | 6.2% | -53.2% |
| 1967 | 1.8% | -70.6% |
| 1968 | 11.2% | +511.3% |
| 1969 | 15.3% | +36.1% |
| 1970 | 5.8% | -62.2% |
| 1971 | 1.8% | -68.7% |
| 1972 | 16.1% | +789.7% |
| 1973 | 29.9% | +86.0% |
| 1974 | 15.6% | -47.9% |
| 1975 | 9.6% | -38.1% |
| 1976 | 12.8% | +32.7% |
| 1977 | 17.7% | +38.9% |
| 1978 | 12.7% | -28.5% |
| 1979 | 13.2% | +4.3% |
| 1980 | 4.2% | -68.3% |
| 1981 | 11.0% | +161.9% |
| 1982 | 10.3% | -6.5% |
| 1983 | 14.5% | +40.4% |
| 1984 | 9.7% | -32.6% |
| 1985 | 17.1% | +75.9% |
| 1986 | 11.4% | -33.5% |
| 1987 | 5.6% | -50.6% |
| 1988 | 11.1% | +96.7% |
| 1989 | 15.6% | +40.6% |
| 1990 | 19.9% | +27.6% |
| 1991 | 15.9% | -19.9% |
| 1992 | 15.2% | -4.4% |
| 1993 | 8.8% | -42.3% |
| 1994 | 23.2% | +163.9% |
| 1995 | 9.0% | -61.0% |
| 1996 | 9.0% | +0.2% |
| 1997 | 19.8% | +119.2% |
| 1998 | -1.1% | -105.5% |
| 1999 | 13.7% | -1353.4% |
| 2000 | 13.1% | -4.6% |
| 2001 | 9.7% | -26.0% |
| 2002 | 15.9% | +64.7% |
| 2003 | 12.4% | -21.9% |
| 2004 | 19.3% | +54.9% |
| 2005 | 18.6% | -3.5% |
| 2006 | 20.0% | +7.5% |
| 2007 | 22.2% | +11.1% |
| 2008 | 23.4% | +5.3% |
Ethiopia compared with similar countries
- Ethiopia's 23.4% is above the median for low income countries, which is 13.7%, 1.7× the median. (24 countries reporting)
- Ethiopia's 23.4% is above the median for Sub-Saharan Africa, which is 12.5%, 1.9× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) 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 | +1353.4% | -1.1% | 13.7% |
| 1972 | +789.7% | 1.8% | 16.1% |
| 1968 | +511.3% | 1.8% | 11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.3% | 1.8% | 25.4% | 9 |
| 1970s | 13.5% | 1.8% | 29.9% | 10 |
| 1980s | 11.1% | 4.2% | 17.1% | 10 |
| 1990s | 13.3% | -1.1% | 23.2% | 10 |
| 2000s | 17.2% | 9.7% | 23.4% | 9 |
Countries ranked near Ethiopia
More financial sector data for Ethiopia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0759 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0554 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0759 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is broad money growth in Ethiopia?
- Broad money growth in Ethiopia was 23.4% in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Ethiopia?
- The highest recorded value was 29.9% in 1973.
- What is the lowest broad money growth recorded in Ethiopia?
- The lowest recorded value was -1.1% in 1998.
- How does Ethiopia rank for broad money growth?
- Ethiopia ranks 19th out of 167 countries with data for 2008.
- Is broad money growth rising or falling in Ethiopia?
- Over the last ten years it is up 2,239.1%. The long-run trend across the full record is rising.
- Where does this Ethiopia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.