Broad money (% of GDP) in Ethiopia
Ethiopia: Broad money (% of GDP) 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 130th out of 167 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 (% of GDP) 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% |
Ethiopia compared with similar countries
- Ethiopia's 34.0% is above the median for low income countries, which is 31.3%, 1.1× the median. (24 countries reporting)
- Ethiopia's 34.0% is above the median for Sub-Saharan Africa, which is 29.8%, 1.1× the median. (48 countries reporting)
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
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 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 130th out of 167 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.