Services, Debit/Expenditure in Ethiopia
Ethiopia: Services, Debit/Expenditure was 5.51 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Ethiopia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in Ethiopia is 5.51 billion, measured in 2024.
Compared with earlier readings it is down 27.9% on the previous year and up 24.1% over ten years.
Over the whole period, services, debit/expenditure in Ethiopia peaked at 7.63 billion in 2023 and was at its lowest, 1.17 billion, in 2006.
That places Ethiopia 91st out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.19 billion | — |
| 2006 | 1.17 billion | -2.0% |
| 2007 | 1.75 billion | +49.4% |
| 2008 | 2.39 billion | +36.8% |
| 2009 | 2.22 billion | -7.0% |
| 2010 | 2.55 billion | +14.7% |
| 2011 | 3.43 billion | +34.3% |
| 2012 | 3.58 billion | +4.6% |
| 2013 | 3.46 billion | -3.4% |
| 2014 | 4.44 billion | +28.2% |
| 2015 | 4.88 billion | +10.1% |
| 2016 | 5.27 billion | +7.9% |
| 2017 | 5.07 billion | -3.7% |
| 2018 | 6.20 billion | +22.2% |
| 2019 | 6.17 billion | -0.5% |
| 2020 | 5.41 billion | -12.4% |
| 2021 | 6.53 billion | +20.7% |
| 2022 | 7.45 billion | +14.2% |
| 2023 | 7.63 billion | +2.4% |
| 2024 | 5.51 billion | -27.9% |
Ethiopia compared with similar countries
- Ethiopia's 5.51 billion is above the median for low income countries, which is 1.45 billion, 3.8× the median. (20 countries reporting)
- Ethiopia's 5.51 billion is above the median for Sub-Saharan Africa, which is 1.66 billion, 3.3× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.75 billion | 1.17 billion | 2.39 billion | 5 |
| 2010s | 4.51 billion | 2.55 billion | 6.20 billion | 10 |
| 2020s | 6.51 billion | 5.41 billion | 7.63 billion | 5 |
Countries ranked near Ethiopia
More trade data for Ethiopia
- Commodity Net Export Price Index, Individual Commodities Weighted by 154.44 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.69 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 101.56 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 156.32 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.95 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 64.76 (2025)
- Imports of low carbon technology products, Percent of GDP 0.5153 (2023)
- Imports of low carbon technology products, US dollar (World), per 6.4 units per person (2023)
- Imports of low carbon technology products, US dollar (World), per 0.0061 units per US$ of GDP (2023)
- Exports of low carbon technology products, US dollar (World), gaps 1.77 million (2023)
Frequently asked questions
- What is services, debit/expenditure in Ethiopia?
- Services, debit/expenditure in Ethiopia was 5.51 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Ethiopia?
- The highest recorded value was 7.63 billion in 2023.
- What is the lowest services, debit/expenditure recorded in Ethiopia?
- The lowest recorded value was 1.17 billion in 2006.
- How does Ethiopia rank for services, debit/expenditure?
- Ethiopia ranks 91st out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Ethiopia?
- Over the last ten years it is up 24.1%. 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 Services, Debit/Expenditure (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.