Broad money in Ethiopia
Ethiopia: Broad money was 34.0% in 2008. ◆ Volatile
Broad money in Ethiopia, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Ethiopia recorded 34.0% for broad money in 2008.
That represents a change of down 14.5% on the previous year and up 3.7% over ten years.
Over the whole period, broad money in Ethiopia peaked at 45.4% in 2004 and was at its lowest, 6.3%, in 1961.
That places Ethiopia 129th out of 166 countries with data for 2008, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money in Ethiopia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 6.4% | — |
| 1961 | 6.3% | -1.5% |
| 1962 | 6.7% | +7.0% |
| 1963 | 6.8% | +0.8% |
| 1964 | 7.8% | +14.7% |
| 1965 | 8.1% | +4.1% |
| 1966 | 8.0% | -1.3% |
| 1967 | 7.7% | -3.8% |
| 1968 | 8.0% | +4.5% |
| 1969 | 8.7% | +9.1% |
| 1970 | 8.4% | -3.8% |
| 1971 | 8.1% | -3.6% |
| 1972 | 9.3% | +15.2% |
| 1973 | 11.5% | +23.1% |
| 1974 | 12.0% | +4.2% |
| 1975 | 13.1% | +9.6% |
| 1976 | 13.7% | +4.4% |
| 1977 | 14.1% | +3.0% |
| 1978 | 15.0% | +5.9% |
| 1979 | 15.5% | +3.4% |
| 1980 | 15.1% | -2.1% |
| 1981 | 15.7% | +3.7% |
| 1982 | 16.4% | +4.8% |
| 1983 | 16.9% | +3.0% |
| 1984 | 19.7% | +16.1% |
| 1985 | 19.7% | +0.0% |
| 1986 | 21.1% | +7.2% |
| 1987 | 20.8% | -1.2% |
| 1988 | 22.3% | +7.2% |
| 1989 | 24.5% | +9.9% |
| 1990 | 27.7% | +13.0% |
| 1991 | 29.1% | +4.8% |
| 1992 | 31.7% | +9.2% |
| 1993 | 26.9% | -15.2% |
| 1994 | 31.2% | +16.0% |
| 1995 | 28.5% | -8.8% |
| 1996 | 27.5% | -3.2% |
| 1997 | 31.9% | +15.9% |
| 1998 | 32.8% | +2.6% |
| 1999 | 34.7% | +5.8% |
| 2000 | 34.6% | -0.2% |
| 2001 | 37.2% | +7.5% |
| 2002 | 44.0% | +18.5% |
| 2003 | 44.9% | +1.9% |
| 2004 | 45.4% | +1.1% |
| 2005 | 43.8% | -3.5% |
| 2006 | 42.5% | -2.9% |
| 2007 | 39.7% | -6.5% |
| 2008 | 34.0% | -14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.4% | 6.3% | 8.7% | 10 |
| 1970s | 12.1% | 8.1% | 15.5% | 10 |
| 1980s | 19.2% | 15.1% | 24.5% | 10 |
| 1990s | 30.2% | 26.9% | 34.7% | 10 |
| 2000s | 40.7% | 34.0% | 45.4% | 9 |
Countries ranked near Ethiopia
- 126 Lao People's Democratic Republic 36.2% compare
- 127 Comoros 36.1% compare
- 128 Yemen 34.7% compare
- 130 Kazakhstan 33.1% compare
- 131 Central African Republic 32.9% compare
- 132 Sudan 31.9% compare
More financial sector data for Ethiopia
- Total reserves (gold at national valuation) (SDR), annual growth rate 91.96 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 21.97 SDR per person (2024)
- Total reserves in months of imports, annual growth rate 70.8 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 92.43 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0193 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 21.89 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 91.96 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 21.97 SDR per person (2024)
Frequently asked questions
- What is broad money in Ethiopia?
- Broad money in Ethiopia was 34.0% in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Ethiopia?
- The highest recorded value was 45.4% in 2004.
- What is the lowest broad money recorded in Ethiopia?
- The lowest recorded value was 6.3% in 1961.
- How does Ethiopia rank for broad money?
- Ethiopia ranks 129th out of 166 countries with data for 2008.
- Is broad money rising or falling in Ethiopia?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is volatile.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.