Net foreign assets in Ethiopia
Ethiopia: Net foreign assets was 13.12 billion current LCU in 2008. ◆ Volatile
Net foreign assets in Ethiopia, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net foreign assets in Ethiopia is 13.12 billion current LCU, measured in 2008.
The figure is down 19.4% on the previous year and up 110.6% over ten years.
Over the whole period, net foreign assets in Ethiopia peaked at 16.28 billion current LCU in 2007 and was at its lowest, -115.92 million current LCU, in 1984.
Ethiopia ranks 136th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets in Ethiopia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 236.10 million current LCU | — |
| 1961 | 251.10 million current LCU | +6.4% |
| 1962 | 293.70 million current LCU | +17.0% |
| 1963 | 320.90 million current LCU | +9.3% |
| 1964 | 328.79 million current LCU | +2.5% |
| 1965 | 317.14 million current LCU | -3.5% |
| 1966 | 199.65 million current LCU | -37.0% |
| 1967 | 154.01 million current LCU | -22.9% |
| 1968 | 152.95 million current LCU | -0.7% |
| 1969 | 159.96 million current LCU | +4.6% |
| 1970 | 122.31 million current LCU | -23.5% |
| 1971 | 99.45 million current LCU | -18.7% |
| 1972 | 184.33 million current LCU | +85.3% |
| 1973 | 401.90 million current LCU | +118.0% |
| 1974 | 591.29 million current LCU | +47.1% |
| 1975 | 598.04 million current LCU | +1.1% |
| 1976 | 626.32 million current LCU | +4.7% |
| 1977 | 492.96 million current LCU | -21.3% |
| 1978 | 317.30 million current LCU | -35.6% |
| 1979 | 279.27 million current LCU | -12.0% |
| 1980 | -12.33 million current LCU | -104.4% |
| 1981 | 197.65 million current LCU | -1703.6% |
| 1982 | 43.23 million current LCU | -78.1% |
| 1983 | -25.62 million current LCU | -159.3% |
| 1984 | -115.92 million current LCU | +352.4% |
| 1985 | 155.80 million current LCU | -234.4% |
| 1986 | 375.11 million current LCU | +140.8% |
| 1987 | 117.52 million current LCU | -68.7% |
| 1988 | -40.09 million current LCU | -134.1% |
| 1989 | -28.10 million current LCU | -29.9% |
| 1990 | -94.24 million current LCU | +235.3% |
| 1991 | 276.68 million current LCU | -393.6% |
| 1992 | 836.92 million current LCU | +202.5% |
| 1993 | 1.94 billion current LCU | +131.5% |
| 1994 | 3.52 billion current LCU | +81.5% |
| 1995 | 4.17 billion current LCU | +18.5% |
| 1996 | 3.61 billion current LCU | -13.4% |
| 1997 | 5.86 billion current LCU | +62.2% |
| 1998 | 6.23 billion current LCU | +6.4% |
| 1999 | 5.14 billion current LCU | -17.5% |
| 2000 | 4.85 billion current LCU | -5.6% |
| 2001 | 6.39 billion current LCU | +31.7% |
| 2002 | 10.68 billion current LCU | +67.2% |
| 2003 | 13.25 billion current LCU | +24.1% |
| 2004 | 15.06 billion current LCU | +13.6% |
| 2005 | 14.79 billion current LCU | -1.8% |
| 2006 | 13.75 billion current LCU | -7.1% |
| 2007 | 16.28 billion current LCU | +18.4% |
| 2008 | 13.12 billion current LCU | -19.4% |
Ethiopia compared with similar countries
- Ethiopia's 13.12 billion current LCU is below the median for low income countries, which is 280.01 billion current LCU, 5% of the median. (24 countries reporting)
- Ethiopia's 13.12 billion current LCU is below the median for Sub-Saharan Africa, which is 241.93 billion current LCU, 5% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets 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 |
|---|---|---|---|
| 1981 | +1703.6% | -12.33 million current LCU | 197.65 million current LCU |
| 1991 | +393.6% | -94.24 million current LCU | 276.68 million current LCU |
| 1984 | -352.4% | -25.62 million current LCU | -115.92 million current LCU |
| 1990 | -235.3% | -28.10 million current LCU | -94.24 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 241.43 million current LCU | 152.95 million current LCU | 328.79 million current LCU | 10 |
| 1970s | 371.32 million current LCU | 99.45 million current LCU | 626.32 million current LCU | 10 |
| 1980s | 66.73 million current LCU | -115.92 million current LCU | 375.11 million current LCU | 10 |
| 1990s | 3.15 billion current LCU | -94.24 million current LCU | 6.23 billion current LCU | 10 |
| 2000s | 12.02 billion current LCU | 4.85 billion current LCU | 16.28 billion current LCU | 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 net foreign assets in Ethiopia?
- Net foreign assets in Ethiopia was 13.12 billion current LCU in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Ethiopia?
- The highest recorded value was 16.28 billion current LCU in 2007.
- What is the lowest net foreign assets recorded in Ethiopia?
- The lowest recorded value was -115.92 million current LCU in 1984.
- How does Ethiopia rank for net foreign assets?
- Ethiopia ranks 136th out of 187 countries with data for 2008.
- Is 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 Financial Statistics database, International Monetary Fund (IMF), published as part of Net foreign assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.