Remittance inflows to GDP in Ethiopia
Ethiopia: Remittance inflows to GDP was 0.4% in 2020. β Volatile
Remittance inflows to GDP in Ethiopia, 1981β2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Ethiopia is 0.4%, measured in 2020.
The figure is down 24.9% on the previous year and down 74.2% over ten years.
Over the whole period, remittance inflows to gdp in Ethiopia peaked at 3.2% in 2014 and was at its lowest, 0.0%, in 1990.
That places Ethiopia 150th out of 196 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1% | 0.1% | 0.1% | 9 |
| 1990s | 0.2% | 0.0% | 0.4% | 10 |
| 2000s | 1.0% | 0.2% | 1.8% | 10 |
| 2010s | 1.4% | 0.5% | 3.2% | 10 |
| 2020s | 0.4% | 0.4% | 0.4% | 1 |
Countries ranked near Ethiopia
More financial sector data for Ethiopia
- Domestic credit to private sector by banks 17.6% (2008)
- Total reserves in months of imports 1.78 (2024)
- Net domestic credit 92.23 billion current LCU (2008)
- Net foreign assets 13.12 billion current LCU (2008)
- Monetary Sector credit to private sector 17.7% (2008)
- Broad money 34.0% (2008)
- Claims on central government, etc. 14.8% (2008)
- Domestic credit to private sector 17.7% (2008)
- Official exchange rate 82.6 LCU per US$, period average (2024)
- Net migration 24,054 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Ethiopia?
- Remittance inflows to gdp in Ethiopia was 0.4% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Ethiopia?
- The highest recorded value was 3.2% in 2014.
- What is the lowest remittance inflows to gdp recorded in Ethiopia?
- The lowest recorded value was 0.0% in 1990.
- How does Ethiopia rank for remittance inflows to gdp?
- Ethiopia ranks 150th out of 196 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Ethiopia?
- Over the last ten years it is down 74.2%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.