Ethiopia's primary income payments (BoP, current US$) was US$365.73 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 96.2% from US$186.41 million in 2014 (6.97% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$365.73 million | 2024 |
| Five years earlier | US$665.81 million | 2019 |
| Ten years earlier | US$186.41 million | 2014 |
| Highest | US$673.61 million | 2020 |
| Lowest | US$12.51 million | 1979 |
| Average since 2015 | US$481.51 million | 2015–2024 |
| First recorded | US$19.13 million |
What the numbers say
In 2024, Ethiopia's primary income payments (BoP, current US$) fell 7.2% on 2023 (from US$394.11 million to US$365.73 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +8.8% and a typical year strayed about 28.1% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 105.8% in 1982 and the biggest yearly fall was 34.3% in 1978. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 2% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Ethiopia had the 19th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Ethiopia | US$365.73 million | 2024 |
| World | US$7.99 trillion | 2024 |
| Sub-Saharan Africa | US$86.89 billion | 2024 |
| Low income | US$11.49 billion | 2023 |
Closest to Ethiopia in the 2024 ranking
- Zimbabwe — 15th of 29: US$489.71 million
- Fiji — 16th of 29: US$471.15 million
- Liberia — 17th of 29: US$424.35 million
- Rwanda — 19th of 29: US$364.49 million
- Kyrgyz Republic — 20th of 29: US$363.91 million
- Mauritania — 21st of 29: US$271.99 million
What this measures
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 48 values
| Year | Primary income payments (BoP, current US$) |
|---|---|
| 2024 | 365,733,897 |
| 2023 | 394,105,577 |
| 2022 | 529,030,786 |
| 2021 | 550,321,791 |
| 2020 | 673,609,323 |
| 2019 | 665,807,824 |
| 2018 | 400,306,017 |
| 2017 | 499,799,269 |
| 2016 | 424,942,539 |
| 2015 | 311,414,804 |
| 2014 |
Primary income payments (BoP, current US$) in nearby economies
- Angola — US$6.72 billion (2025)
- Benin — US$533.3 million (2023)
- Botswana — US$549.97 million (2025)
- Burkina Faso — US$1.45 billion (2024)
- Burundi — US$54.54 million (2025)
- Cabo Verde — US$101.33 million (2025)
- Cameroon — US$1.34 billion (2024)
- Comoros — US$7.72 million (2023)
- Congo, Dem. Rep. — US$3.76 billion (2025)
- Congo, Rep. — US$1.71 billion (2021)
More economic policy & debt data for Ethiopia
- GDP (current US$) — US$126.36 billion (2025)
- GDP (current LCU) — 15.09 trillion (2025)
- GDP per capita (current US$) — US$932.73 (2025)
- GDP per capita (current LCU) — 111,421 (2025)
- GNI (current US$) — US$126.14 billion (2025)
- GNI (current LCU) — 15.07 trillion (2025)
- GNI per capita (current LCU) — 111,231 (2025)
- Total reserves, including gold (current US$) — US$3.78 billion (2024)
- Total reserves, excluding gold (current US$) — US$3.78 billion (2024)
- GDP (constant 2015 US$) — US$128.07 billion (2025)
- GDP (constant LCU)
Reading data like this
Questions people ask
- What is Ethiopia's primary income payments (BoP, current US$)?
- US$365.73 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is up 1,812% from US$19.13 million in 1977 (6.48% a year on average, compounded). The highest value was US$673.61 million in 2020 and the lowest US$12.51 million in 1979.
- How does Ethiopia rank?
- 19th highest of 29 economies with data for 2024.
- Is the latest change in primary income payments (BoP, current US$) unusual for Ethiopia?
- In 2024, Ethiopia's primary income payments (BoP, current US$) fell 7.2% on 2023 (from US$394.11 million to US$365.73 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +8.8% and a typical year strayed about 28.1% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.GSR.FCTY.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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