Services, Credit/Revenue in Ethiopia
Ethiopia: Services, Credit/Revenue was 7.61 billion in 2024. ◆ Volatile
Services, Credit/Revenue in Ethiopia, 2005–2024
Source: International Monetary Fund.
Analysis
Ethiopia recorded 7.61 billion for services, credit/revenue in 2024. That is the highest value across all 20 years on record.
The figure is up 2.9% on the previous year and up 156.4% over ten years.
Over the whole period, services, credit/revenue in Ethiopia peaked at 7.61 billion in 2024 and was at its lowest, 1.01 billion, in 2005.
That places Ethiopia 80th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, Credit/Revenue in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.01 billion | — |
| 2006 | 1.14 billion | +12.9% |
| 2007 | 1.30 billion | +13.6% |
| 2008 | 1.78 billion | +36.8% |
| 2009 | 1.74 billion | -2.3% |
| 2010 | 2.16 billion | +24.7% |
| 2011 | 2.80 billion | +29.4% |
| 2012 | 2.74 billion | -2.3% |
| 2013 | 3.10 billion | +13.3% |
| 2014 | 2.97 billion | -4.3% |
| 2015 | 3.09 billion | +4.0% |
| 2016 | 3.09 billion | +0.2% |
| 2017 | 3.61 billion | +16.6% |
| 2018 | 4.92 billion | +36.4% |
| 2019 | 4.84 billion | -1.6% |
| 2020 | 4.46 billion | -7.9% |
| 2021 | 5.57 billion | +24.7% |
| 2022 | 7.00 billion | +25.8% |
| 2023 | 7.40 billion | +5.6% |
| 2024 | 7.61 billion | +2.9% |
Ethiopia compared with similar countries
- Ethiopia's 7.61 billion is above the median for low income countries, which is 496.28 million, 15.3× the median. (20 countries reporting)
- Ethiopia's 7.61 billion is above the median for Sub-Saharan Africa, which is 514.12 million, 14.8× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.39 billion | 1.01 billion | 1.78 billion | 5 |
| 2010s | 3.33 billion | 2.16 billion | 4.92 billion | 10 |
| 2020s | 6.41 billion | 4.46 billion | 7.61 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, credit/revenue in Ethiopia?
- Services, credit/revenue in Ethiopia was 7.61 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Ethiopia?
- The highest recorded value was 7.61 billion in 2024.
- What is the lowest services, credit/revenue recorded in Ethiopia?
- The lowest recorded value was 1.01 billion in 2005.
- How does Ethiopia rank for services, credit/revenue?
- Ethiopia ranks 80th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Ethiopia?
- Over the last ten years it is up 156.4%. 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, Credit/Revenue (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.