Ethiopia recorded a Current Account deficit of 1515.60 USD Million in the second quarter of 2024. This dataset provides - Ethiopia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Current account balance (% of GDP) in Ethiopia was reported at --2.9244 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - Current account balance (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Net Current Account Total for Ethiopia (ETHBCABP6GDPPT) from 2000 to 2026 about Ethiopia, current account, BOP, REO, and Net.

Ethiopia ET: BOP: Current Account: Balance: % of GDP data was reported at -11.328 % in 2016. This records an increase from the previous number of -11.651 % for 2015. Ethiopia ET: BOP: Current Account: Balance: % of GDP data is updated yearly, averaging -2.432 % from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 1.810 % in 1994 and a record low of -12.642 % in 2005. Ethiopia ET: BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Ethiopia recorded a Current Account deficit of 3.40 percent of the country's Gross Domestic Product in 2024. This dataset provides - Ethiopia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Ethiopia: Current account balance, billion USD: The latest value from 2023 is -4.79 billion U.S. dollars, an increase from -5.16 billion U.S. dollars in 2022. In comparison, the world average is 1.95 billion U.S. dollars, based on data from 148 countries. Historically, the average for Ethiopia from 1977 to 2023 is -1.58 billion U.S. dollars. The minimum value, -7.91 billion U.S. dollars, was reached in 2016 while the maximum of 0.13 billion U.S. dollars was recorded in 1994.

Ethiopia ET: BOP: Current Account: Balance data was reported at -8.269 USD bn in 2016. This records a decrease from the previous number of -7.511 USD bn for 2015. Ethiopia ET: BOP: Current Account: Balance data is updated yearly, averaging -226.836 USD mn from Dec 1977 (Median) to 2016, with 40 observations. The data reached an all-time high of 125.419 USD mn in 1994 and a record low of -8.269 USD bn in 2016. Ethiopia ET: BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Ethiopia: Current account balance as percent of GDP: The latest value from 2022 is -4 percent, a decline from -2.9 percent in 2021. In comparison, the world average is -2.64 percent, based on data from 175 countries. Historically, the average for Ethiopia from 1980 to 2022 is -3.8 percent. The minimum value, -12.66 percent, was reached in 2005 while the maximum of 1.54 percent was recorded in 1994.

Ethiopia ET: BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 1.012 % in 2017. This records a decrease from the previous number of 1.058 % for 2016. Ethiopia ET: BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 0.357 % from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 3.230 % in 2014 and a record low of 0.043 % in 1990. Ethiopia ET: BOP: Current Account: Personal Remittances: Received: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.; ; World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.; Weighted average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Ethiopia: Current account balance forecast, percent of GDP: The latest value from 2030 is -2.07 percent, a decline from -2.06 percent in 2029. In comparison, the world average is -0.96 percent, based on data from 181 countries. Historically, the average for Ethiopia from 1980 to 2030 is -3.64 percent. The minimum value, -11.71 percent, was reached in 2006 while the maximum of 2.46 percent was recorded in 1995.

Current account balance (BoP, current US$) in Ethiopia was reported at --4787655499 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - Current account balance (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Current account balance (% of GDP) of Ethiopia plummeted by 28.16% from -4.1 % in 2022 to -2.9 % in 2023. Since the 60.41% surge in 2021, current account balance (% of GDP) sank by 27.81% in 2023. Current account balance is the sum of net exports of goods, services, net income, and net current transfers.

Ethiopia ET: BOP: Current Account: Primary Income: Net data was reported at -409.646 USD mn in 2016. This records a decrease from the previous number of -285.475 USD mn for 2015. Ethiopia ET: BOP: Current Account: Primary Income: Net data is updated yearly, averaging -32.901 USD mn from Dec 1977 (Median) to 2016, with 40 observations. The data reached an all-time high of 39.539 USD mn in 2007 and a record low of -409.646 USD mn in 2016. Ethiopia ET: BOP: Current Account: Primary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank: Balance of Payments: Current Account. Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Current account balance of Ethiopia dropped by 7.22% from -5,160,399,281 US dollars in 2022 to -4,787,655,499 US dollars in 2023. Since the 65.78% jump in 2021, current account balance leapt by 6.22% in 2023. Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars.

Ethiopia ET: BOP: Current Account: Trade in Services: % of GDP data was reported at 11.386 % in 2016. This records a decrease from the previous number of 12.290 % for 2015. Ethiopia ET: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 11.110 % from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 19.383 % in 2004 and a record low of 4.104 % in 1991. Ethiopia ET: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

As of June 2020, the COVID-19 pandemic was anticipated to have a negative effect on the current account of Ethiopia. Considering the coronavirus outbreak persists until the end of 2020, a deficit of 6.3 percent of the GDP was projected for the same year. In comparison, before the pandemic, the outlook was a deficit of 5.3 percent of the GDP. Moreover, the deficit on the budget balance in 2021 was revised to 5.9 percent of the GDP (in the worst-case scenario), up to 5 percent of the GDP, under the baseline assumption that coronavirus did not occur.

Ethiopia ET: BoP: Current Account: Goods & Services data was reported at -14.003 USD bn in 2016. This records a decrease from the previous number of -13.805 USD bn for 2015. Ethiopia ET: BoP: Current Account: Goods & Services data is updated yearly, averaging -676.184 USD mn from Dec 1977 (Median) to 2016, with 40 observations. The data reached an all-time high of -139.227 USD mn in 1977 and a record low of -14.003 USD bn in 2016. Ethiopia ET: BoP: Current Account: Goods & Services data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ethiopia – Table ET.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Ethiopia ET: BOP: Current Account: Net Trade: Goods data was reported at -11.881 USD bn in 2016. This records an increase from the previous number of -12.057 USD bn for 2015. Ethiopia ET: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging -657.540 USD mn from Dec 1977 (Median) to 2016, with 40 observations. The data reached an all-time high of -83.671 USD mn in 1977 and a record low of -12.057 USD bn in 2015. Ethiopia ET: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Ethiopia ET: BOP: Current Account: Imports: Goods and Services data was reported at 19.909 USD bn in 2016. This records an increase from the previous number of 19.812 USD bn for 2015. Ethiopia ET: BOP: Current Account: Imports: Goods and Services data is updated yearly, averaging 1.421 USD bn from Dec 1977 (Median) to 2016, with 40 observations. The data reached an all-time high of 19.909 USD bn in 2016 and a record low of 556.425 USD mn in 1977. Ethiopia ET: BOP: Current Account: Imports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank: Balance of Payments: Current Account. Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Graph and download economic data for Number of Bank Accounts for Ethiopia (DDAI01ETA642NWDB) from 2006 to 2012 about Ethiopia, banks, and depository institutions.