Foreign Assets, Net Foreign Assets in Ethiopia
Ethiopia: Foreign Assets, Net Foreign Assets was 13.12 billion in 2008. ◆ Volatile
Latest (2008)
13.12 billion
Change on year
down 19.4%
World rank
117th
of 178 countries
All-time high
16.28 billion
in 2007
All-time low
-115.92 million
in 1984
Years of data
59
1950–2008
Foreign Assets, Net Foreign Assets in Ethiopia, 1950–2008
Source: International Monetary Fund.
Analysis
Ethiopia recorded 13.12 billion for foreign assets, net foreign assets in 2008.
The figure is down 19.4% on the previous year and up 110.6% over ten years.
Over the whole period, foreign assets, net foreign assets in Ethiopia peaked at 16.28 billion in 2007 and was at its lowest, -115.92 million, in 1984.
That places Ethiopia 117th out of 178 countries with data for 2008, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign Assets, Net Foreign Assets in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 37.70 million | — |
| 1951 | 50.50 million | +34.0% |
| 1952 | 64.10 million | +26.9% |
| 1953 | 106.10 million | +65.5% |
| 1954 | 126.50 million | +19.2% |
| 1955 | 140.10 million | +10.8% |
| 1956 | 146.60 million | +4.6% |
| 1957 | 162.50 million | +10.8% |
| 1958 | 142.60 million | -12.2% |
| 1959 | 126.10 million | -11.6% |
| 1960 | 236.10 million | +87.2% |
| 1961 | 251.10 million | +6.4% |
| 1962 | 293.70 million | +17.0% |
| 1963 | 320.90 million | +9.3% |
| 1964 | 328.79 million | +2.5% |
| 1965 | 317.14 million | -3.5% |
| 1966 | 199.65 million | -37.0% |
| 1967 | 154.01 million | -22.9% |
| 1968 | 152.95 million | -0.7% |
| 1969 | 159.96 million | +4.6% |
| 1970 | 122.31 million | -23.5% |
| 1971 | 99.45 million | -18.7% |
| 1972 | 184.33 million | +85.3% |
| 1973 | 401.90 million | +118.0% |
| 1974 | 591.29 million | +47.1% |
| 1975 | 598.04 million | +1.1% |
| 1976 | 626.32 million | +4.7% |
| 1977 | 492.96 million | -21.3% |
| 1978 | 317.30 million | -35.6% |
| 1979 | 279.27 million | -12.0% |
| 1980 | -12.33 million | -104.4% |
| 1981 | 197.65 million | -1703.6% |
| 1982 | 43.23 million | -78.1% |
| 1983 | -25.62 million | -159.3% |
| 1984 | -115.92 million | +352.4% |
| 1985 | 155.80 million | -234.4% |
| 1986 | 375.11 million | +140.8% |
| 1987 | 117.52 million | -68.7% |
| 1988 | -40.09 million | -134.1% |
| 1989 | -28.10 million | -29.9% |
| 1990 | -94.24 million | +235.3% |
| 1991 | 276.68 million | -393.6% |
| 1992 | 836.92 million | +202.5% |
| 1993 | 1.94 billion | +131.5% |
| 1994 | 3.52 billion | +81.5% |
| 1995 | 4.17 billion | +18.5% |
| 1996 | 3.61 billion | -13.4% |
| 1997 | 5.86 billion | +62.2% |
| 1998 | 6.23 billion | +6.4% |
| 1999 | 5.14 billion | -17.5% |
| 2000 | 4.85 billion | -5.6% |
| 2001 | 6.39 billion | +31.7% |
| 2002 | 10.68 billion | +67.2% |
| 2003 | 13.25 billion | +24.1% |
| 2004 | 15.06 billion | +13.6% |
| 2005 | 14.79 billion | -1.8% |
| 2006 | 13.75 billion | -7.1% |
| 2007 | 16.28 billion | +18.4% |
| 2008 | 13.12 billion | -19.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 110.28 million | 37.70 million | 162.50 million | 10 |
| 1960s | 241.43 million | 152.95 million | 328.79 million | 10 |
| 1970s | 371.32 million | 99.45 million | 626.32 million | 10 |
| 1980s | 66.73 million | -115.92 million | 375.11 million | 10 |
| 1990s | 3.15 billion | -94.24 million | 6.23 billion | 10 |
| 2000s | 12.02 billion | 4.85 billion | 16.28 billion | 9 |
Countries ranked near Ethiopia
More financial sector data for Ethiopia
- Net domestic credit (current LCU), per capita 1,078 current LCU per person (2008)
- Net domestic credit (current LCU), per unit of GDP 3.41 current LCU per US$ of GDP (2008)
- Net domestic credit (current LCU), annual growth rate 27.19 % change on previous year (2008)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 2.89 billion SDR (2024)
- Reserves excluding gold 2.90 billion SDR (2024)
- Total reserves (gold at market value) 2.90 billion SDR (2024)
- Total reserves (gold at national valuation) 2.90 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 21.97 SDR per person (2024)
Frequently asked questions
- What is foreign assets, net foreign assets in Ethiopia?
- Foreign assets, net foreign assets in Ethiopia was 13.12 billion in 2008, according to International Monetary Fund.
- What is the highest foreign assets, net foreign assets recorded in Ethiopia?
- The highest recorded value was 16.28 billion in 2007.
- What is the lowest foreign assets, net foreign assets recorded in Ethiopia?
- The lowest recorded value was -115.92 million in 1984.
- How does Ethiopia rank for foreign assets, net foreign assets?
- Ethiopia ranks 117th out of 178 countries with data for 2008.
- Is foreign assets, net foreign assets rising or falling in Ethiopia?
- Over the last ten years it is up 110.6%. 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 Foreign Assets, Net Foreign Assets (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.