Money in Ethiopia
Ethiopia: Money was 49.11 billion in 2008. ◆ Volatile
Latest (2008)
49.11 billion
Change on year
up 26.2%
World rank
105th
of 162 countries
All-time high
49.11 billion
in 2008
All-time low
95.10 million
in 1950
Years of data
59
1950–2008
Money in Ethiopia, 1950–2008
Source: International Monetary Fund.
Analysis
Ethiopia recorded 49.11 billion for money in 2008. That is the highest value across all 59 years on record.
That represents a change of up 26.2% on the previous year and up 367.2% over ten years.
Over the whole period, money in Ethiopia peaked at 49.11 billion in 2008 and was at its lowest, 95.10 million, in 1950.
That places Ethiopia 105th out of 162 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.
Money in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 95.10 million | — |
| 1951 | 104.70 million | +10.1% |
| 1952 | 116.80 million | +11.6% |
| 1953 | 142.60 million | +22.1% |
| 1954 | 141.60 million | -0.7% |
| 1955 | 158.20 million | +11.7% |
| 1956 | 167.80 million | +6.1% |
| 1957 | 187.40 million | +11.7% |
| 1958 | 186.60 million | -0.4% |
| 1959 | 187.40 million | +0.4% |
| 1960 | 217.90 million | +16.3% |
| 1961 | 228.00 million | +4.6% |
| 1962 | 248.40 million | +8.9% |
| 1963 | 259.80 million | +4.6% |
| 1964 | 316.24 million | +21.7% |
| 1965 | 364.75 million | +15.3% |
| 1966 | 377.66 million | +3.5% |
| 1967 | 371.50 million | -1.6% |
| 1968 | 399.60 million | +7.6% |
| 1969 | 454.79 million | +13.8% |
| 1970 | 453.22 million | -0.3% |
| 1971 | 436.68 million | -3.6% |
| 1972 | 490.72 million | +12.4% |
| 1973 | 618.52 million | +26.0% |
| 1974 | 753.89 million | +21.9% |
| 1975 | 942.10 million | +25.0% |
| 1976 | 952.98 million | +1.2% |
| 1977 | 1.18 billion | +23.7% |
| 1978 | 1.38 billion | +16.9% |
| 1979 | 1.57 billion | +14.1% |
| 1980 | 1.57 billion | -0.2% |
| 1981 | 1.72 billion | +9.7% |
| 1982 | 1.89 billion | +10.0% |
| 1983 | 2.16 billion | +14.2% |
| 1984 | 2.32 billion | +7.6% |
| 1985 | 2.74 billion | +17.8% |
| 1986 | 3.31 billion | +21.0% |
| 1987 | 3.39 billion | +2.2% |
| 1988 | 3.74 billion | +10.4% |
| 1989 | 4.37 billion | +16.9% |
| 1990 | 5.34 billion | +22.1% |
| 1991 | 6.27 billion | +17.4% |
| 1992 | 7.24 billion | +15.6% |
| 1993 | 7.56 billion | +4.4% |
| 1994 | 9.18 billion | +21.4% |
| 1995 | 9.43 billion | +2.7% |
| 1996 | 9.17 billion | -2.7% |
| 1997 | 11.02 billion | +20.2% |
| 1998 | 10.51 billion | -4.7% |
| 1999 | 12.07 billion | +14.8% |
| 2000 | 13.23 billion | +9.6% |
| 2001 | 13.87 billion | +4.8% |
| 2002 | 16.56 billion | +19.4% |
| 2003 | 18.60 billion | +12.3% |
| 2004 | 22.31 billion | +20.0% |
| 2005 | 25.98 billion | +16.4% |
| 2006 | 32.06 billion | +23.4% |
| 2007 | 38.90 billion | +21.4% |
| 2008 | 49.11 billion | +26.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 148.82 million | 95.10 million | 187.40 million | 10 |
| 1960s | 323.86 million | 217.90 million | 454.79 million | 10 |
| 1970s | 877.69 million | 436.68 million | 1.57 billion | 10 |
| 1980s | 2.72 billion | 1.57 billion | 4.37 billion | 10 |
| 1990s | 8.78 billion | 5.34 billion | 12.07 billion | 10 |
| 2000s | 25.62 billion | 13.23 billion | 49.11 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 money in Ethiopia?
- Money in Ethiopia was 49.11 billion in 2008, according to International Monetary Fund.
- What is the highest money recorded in Ethiopia?
- The highest recorded value was 49.11 billion in 2008.
- What is the lowest money recorded in Ethiopia?
- The lowest recorded value was 95.10 million in 1950.
- How does Ethiopia rank for money?
- Ethiopia ranks 105th out of 162 countries with data for 2008.
- Is money rising or falling in Ethiopia?
- Over the last ten years it is up 367.2%. 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 Money (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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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.