Secondary income balance (credit less debit), Net (credits less) in Ethiopia
Ethiopia: Secondary income balance (credit less debit), Net (credits less) was 8.35 billion in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Ethiopia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Ethiopia stood at 8.35 billion.
Compared with earlier readings it is up 9.5% on the previous year and up 34.2% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Ethiopia peaked at 8.56 billion in 2022 and was at its lowest, 1.27 billion, in 2006.
That places Ethiopia 20th out of 197 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.40 billion | — |
| 2006 | 1.27 billion | -9.2% |
| 2007 | 3.39 billion | +165.9% |
| 2008 | 4.30 billion | +26.8% |
| 2009 | 3.46 billion | -19.5% |
| 2010 | 4.70 billion | +35.8% |
| 2011 | 4.96 billion | +5.6% |
| 2012 | 5.15 billion | +3.9% |
| 2013 | 5.23 billion | +1.5% |
| 2014 | 6.22 billion | +18.9% |
| 2015 | 6.58 billion | +5.7% |
| 2016 | 6.60 billion | +0.3% |
| 2017 | 7.22 billion | +9.3% |
| 2018 | 8.03 billion | +11.3% |
| 2019 | 7.21 billion | -10.1% |
| 2020 | 7.40 billion | +2.5% |
| 2021 | 7.40 billion | +0.0% |
| 2022 | 8.56 billion | +15.7% |
| 2023 | 7.62 billion | -10.9% |
| 2024 | 8.35 billion | +9.5% |
Ethiopia compared with similar countries
- Ethiopia's 8.35 billion is above the median for low income countries, which is 930.01 million, 9.0× the median. (20 countries reporting)
- Ethiopia's 8.35 billion is above the median for Sub-Saharan Africa, which is 679.29 million, 12.3× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Secondary income balance (credit less debit), Net (credits less) 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 |
|---|---|---|---|
| 2007 | +165.9% | 1.27 billion | 3.39 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.76 billion | 1.27 billion | 4.30 billion | 5 |
| 2010s | 6.19 billion | 4.70 billion | 8.03 billion | 10 |
| 2020s | 7.87 billion | 7.40 billion | 8.56 billion | 5 |
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 secondary income balance (credit less debit), net (credits less) in Ethiopia?
- Secondary income balance (credit less debit), net (credits less) in Ethiopia was 8.35 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Ethiopia?
- The highest recorded value was 8.56 billion in 2022.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Ethiopia?
- The lowest recorded value was 1.27 billion in 2006.
- How does Ethiopia rank for secondary income balance (credit less debit), net (credits less)?
- Ethiopia ranks 20th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Ethiopia?
- Over the last ten years it is up 34.2%. The long-run trend across the full record is rising.
- Where does this Ethiopia data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.