Services balance (credit less debit), Net (credits less debits) (US) in Ethiopia
Ethiopia: Services balance (credit less debit), Net (credits less debits) (US) was 2.10 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Ethiopia, 2005–2024
Source: International Monetary Fund.
Analysis
Ethiopia recorded 2.10 billion for services balance (credit less debit), net (credits less debits) in 2024. That is the highest value across all 20 years on record.
The figure is up 985.5% on the previous year and up 243.2% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Ethiopia peaked at 2.10 billion in 2024 and was at its lowest, -2.17 billion, in 2016.
Ethiopia ranks 53rd of 197 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.
Services balance (credit less debit), Net (credits less debits) (US) in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -181.70 million | — |
| 2006 | -27.61 million | -84.8% |
| 2007 | -450.03 million | +1530.1% |
| 2008 | -614.89 million | +36.6% |
| 2009 | -488.55 million | -20.5% |
| 2010 | -385.39 million | -21.1% |
| 2011 | -623.53 million | +61.8% |
| 2012 | -845.69 million | +35.6% |
| 2013 | -358.44 million | -57.6% |
| 2014 | -1.47 billion | +309.6% |
| 2015 | -1.80 billion | +22.4% |
| 2016 | -2.17 billion | +21.0% |
| 2017 | -1.47 billion | -32.5% |
| 2018 | -1.28 billion | -12.5% |
| 2019 | -1.33 billion | +3.5% |
| 2020 | -945.86 million | -28.8% |
| 2021 | -960.19 million | +1.5% |
| 2022 | -451.32 million | -53.0% |
| 2023 | -237.40 million | -47.4% |
| 2024 | 2.10 billion | -985.5% |
Ethiopia compared with similar countries
- Ethiopia's 2.10 billion is above the median for low income countries, which is -384.30 million. (20 countries reporting)
- Ethiopia's 2.10 billion is above the median for Sub-Saharan Africa, which is -399.59 million. (43 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) 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 | -1530.1% | -27.61 million | -450.03 million |
| 2024 | +985.5% | -237.40 million | 2.10 billion |
| 2014 | -309.6% | -358.44 million | -1.47 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -352.56 million | -614.89 million | -27.61 million | 5 |
| 2010s | -1.17 billion | -2.17 billion | -358.44 million | 10 |
| 2020s | -98.50 million | -960.19 million | 2.10 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 services balance (credit less debit), net (credits less debits) in Ethiopia?
- Services balance (credit less debit), net (credits less debits) in Ethiopia was 2.10 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Ethiopia?
- The highest recorded value was 2.10 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Ethiopia?
- The lowest recorded value was -2.17 billion in 2016.
- How does Ethiopia rank for services balance (credit less debit), net (credits less debits)?
- Ethiopia ranks 53rd out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Ethiopia?
- Over the last ten years it is up 243.2%. 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 Services 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.