Ethiopia's primary income receipts (BoP, current US$) was US$171.59 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 1,544% from US$10.44 million in 2014 (32.31% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$171.59 million | 2024 |
| Five years earlier | US$66.57 million | 2019 |
| Ten years earlier | US$10.44 million | 2014 |
| Highest | US$171.59 million | 2024 |
| Lowest | US$6.5 million | 2009 |
| Average since 2015 | US$48.07 million | 2015–2024 |
| First recorded | US$19.28 million |
What the numbers say
In 2024, Ethiopia's primary income receipts (BoP, current US$) rose 148% on 2023 (from US$69.18 million to US$171.59 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +25% and a typical year strayed about 77.4% from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 291.8% in 2022 and the biggest yearly fall was 82.7% in 2009. 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 the straight-line trend is upward, about US$9.31 million a year. A straight line explains 32% of the movement over 10 observed years.
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 13th 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$171.59 million | 2024 |
| World | US$7.44 trillion | 2024 |
| Sub-Saharan Africa | US$34.85 billion | 2024 |
| Low income | US$2.42 billion | 2023 |
Closest to Ethiopia in the 2024 ranking
- Cameroon — 10th of 29: US$228.85 million
- Mauritania — 11th of 29: US$212.33 million
- Mali — 12th of 29: US$209.08 million
- Niger — 14th of 29: US$156.51 million
- Kyrgyz Republic — 15th of 29: US$123.94 million
- Marshall Islands — 16th of 29: US$109.81 million
What this measures
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 48 values
| Year | Primary income receipts (BoP, current US$) |
|---|---|
| 2024 | 171,589,229 |
| 2023 | 69,180,059 |
| 2022 | 27,458,081 |
| 2021 | 7,008,155 |
| 2020 | 12,852,346 |
| 2019 | 66,570,909 |
| 2018 | 66,487,959 |
| 2017 | 28,434,014 |
| 2016 | 12,265,222 |
| 2015 | 18,850,863 |
| 2014 |
Primary income receipts (BoP, current US$) in nearby economies
- Angola — US$778.62 million (2025)
- Benin — US$344.02 million (2023)
- Botswana — US$166.83 million (2025)
- Burkina Faso — US$311.54 million (2024)
- Burundi — US$34.06 million (2025)
- Cabo Verde — US$61.42 million (2025)
- Cameroon — US$228.85 million (2024)
- Comoros — US$15.1 million (2023)
- Congo, Dem. Rep. — US$399.87 million (2025)
- Congo, Rep. — US$60.42 million (2021)
More economic policy & debt data for Ethiopia
- GDP (current US$) — 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$128.07 billion (2025)
- GDP (constant LCU)
Reading data like this
Questions people ask
- What is Ethiopia's primary income receipts (BoP, current US$)?
- US$171.59 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is up 790.2% from US$19.28 million in 1977 (4.76% a year on average, compounded). The highest value was US$171.59 million in 2024 and the lowest US$6.5 million in 2009.
- How does Ethiopia rank?
- 13th highest of 29 economies with data for 2024.
- Is the latest change in primary income receipts (BoP, current US$) unusual for Ethiopia?
- In 2024, Ethiopia's primary income receipts (BoP, current US$) rose 148% on 2023 (from US$69.18 million to US$171.59 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +25% and a typical year strayed about 77.4% from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator BX.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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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