Net foreign assets in Ethiopia
Ethiopia: Net foreign assets was 1.32 billion current US$ in 2008. ◆ Volatile
Latest (2008)
1.32 billion current US$
Change on year
down 25.5%
World rank
26th
of 51 countries
All-time high
1.77 billion current US$
in 2007
All-time low
-56.00 million current US$
in 1984
Years of data
49
1960–2008
Net foreign assets in Ethiopia, 1960–2008
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current US$.
Analysis
The most recent figure for net foreign assets in Ethiopia is 1.32 billion current US$, measured in 2008.
Compared with earlier readings it is down 25.5% on the previous year and up 58.7% over ten years.
Over the whole period, net foreign assets in Ethiopia peaked at 1.77 billion current US$ in 2007 and was at its lowest, -56.00 million current US$, in 1984.
Ethiopia ranks 26th of 51 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets in Ethiopia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 95.03 million current US$ | — |
| 1961 | 101.07 million current US$ | +6.4% |
| 1962 | 118.21 million current US$ | +17.0% |
| 1963 | 128.36 million current US$ | +8.6% |
| 1964 | 131.52 million current US$ | +2.5% |
| 1965 | 126.86 million current US$ | -3.5% |
| 1966 | 79.86 million current US$ | -37.0% |
| 1967 | 61.61 million current US$ | -22.9% |
| 1968 | 61.18 million current US$ | -0.7% |
| 1969 | 63.98 million current US$ | +4.6% |
| 1970 | 48.92 million current US$ | -23.5% |
| 1971 | 43.24 million current US$ | -11.6% |
| 1972 | 80.14 million current US$ | +85.3% |
| 1973 | 194.16 million current US$ | +142.3% |
| 1974 | 285.65 million current US$ | +47.1% |
| 1975 | 288.91 million current US$ | +1.1% |
| 1976 | 302.57 million current US$ | +4.7% |
| 1977 | 238.14 million current US$ | -21.3% |
| 1978 | 153.28 million current US$ | -35.6% |
| 1979 | 134.91 million current US$ | -12.0% |
| 1980 | -5.95 million current US$ | -104.4% |
| 1981 | 95.48 million current US$ | -1703.6% |
| 1982 | 20.88 million current US$ | -78.1% |
| 1983 | -12.38 million current US$ | -159.3% |
| 1984 | -56.00 million current US$ | +352.4% |
| 1985 | 75.26 million current US$ | -234.4% |
| 1986 | 181.21 million current US$ | +140.8% |
| 1987 | 56.77 million current US$ | -68.7% |
| 1988 | -19.36 million current US$ | -134.1% |
| 1989 | -13.58 million current US$ | -29.9% |
| 1990 | -45.52 million current US$ | +235.3% |
| 1991 | 133.66 million current US$ | -393.6% |
| 1992 | 167.38 million current US$ | +25.2% |
| 1993 | 387.56 million current US$ | +131.5% |
| 1994 | 591.21 million current US$ | +52.5% |
| 1995 | 659.55 million current US$ | +11.6% |
| 1996 | 561.66 million current US$ | -14.8% |
| 1997 | 853.08 million current US$ | +51.9% |
| 1998 | 830.26 million current US$ | -2.7% |
| 1999 | 631.75 million current US$ | -23.9% |
| 2000 | 583.35 million current US$ | -7.7% |
| 2001 | 746.12 million current US$ | +27.9% |
| 2002 | 1.24 billion current US$ | +66.8% |
| 2003 | 1.54 billion current US$ | +23.5% |
| 2004 | 1.74 billion current US$ | +13.2% |
| 2005 | 1.70 billion current US$ | -2.1% |
| 2006 | 1.57 billion current US$ | -8.1% |
| 2007 | 1.77 billion current US$ | +12.9% |
| 2008 | 1.32 billion current US$ | -25.5% |
Ethiopia compared with similar countries
- Ethiopia's 1.32 billion current US$ is above the median for low income countries, which is 369.86 million current US$, 3.6× the median. (19 countries reporting)
- Ethiopia's 1.32 billion current US$ is above the median for Sub-Saharan Africa, which is 1.19 billion current US$, 1.1× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +1703.6% | -5.95 million current US$ | 95.48 million current US$ |
| 1991 | +393.6% | -45.52 million current US$ | 133.66 million current US$ |
| 1984 | -352.4% | -12.38 million current US$ | -56.00 million current US$ |
| 1990 | -235.3% | -13.58 million current US$ | -45.52 million current US$ |
| 1985 | +234.4% | -56.00 million current US$ | 75.26 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 96.77 million current US$ | 61.18 million current US$ | 131.52 million current US$ | 10 |
| 1970s | 176.99 million current US$ | 43.24 million current US$ | 302.57 million current US$ | 10 |
| 1980s | 32.23 million current US$ | -56.00 million current US$ | 181.21 million current US$ | 10 |
| 1990s | 477.06 million current US$ | -45.52 million current US$ | 853.08 million current US$ | 10 |
| 2000s | 1.36 billion current US$ | 583.35 million current US$ | 1.77 billion current US$ | 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 1.32 billion current US$ in 2008, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest net foreign assets recorded in Ethiopia?
- The highest recorded value was 1.77 billion current US$ in 2007.
- What is the lowest net foreign assets recorded in Ethiopia?
- The lowest recorded value was -56.00 million current US$ in 1984.
- How does Ethiopia rank for net foreign assets?
- Ethiopia ranks 26th out of 51 countries with data for 2008.
- Is net foreign assets rising or falling in Ethiopia?
- Over the last ten years it is up 58.7%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Net foreign assets (current US$). 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. Data are in current U.S. dollars.