Ethiopia's terms of trade adjustment (constant LCU) was 90.24 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 4,330% from -2.13 billion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 90.24 billion | 2025 |
| Five years earlier | 20.02 billion | 2020 |
| Ten years earlier | -2.13 billion | 2015 |
| Highest | 90.24 billion | 2025 |
| Lowest | -42.12 billion | 2011 |
| Average since 2016 | 24.34 billion | 2016–2025 |
| First recorded | -42.12 billion |
What the numbers say
In 2025, Ethiopia's terms of trade adjustment (constant LCU) rose 36.62 billion on 2024 (from 53.63 billion to 90.24 billion).
Across the 13 yearly changes before that (2012 to 2024), the average change was +7.37 billion and a typical year strayed about 8.38 billion from that (the standard deviation). This year's change was 3.5 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 36.62 billion in 2025 and the biggest yearly fall was 4.15 billion in 2017. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 8.95 billion a year. A straight line explains 82% 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 2025, Ethiopia had the 32nd highest value of the 128 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.
Closest to Ethiopia in the 2025 ranking
- Iceland — 29th of 128: 92.89 billion
- Singapore — 30th of 128: 91.32 billion
- Albania — 31st of 128: 90.65 billion
- Dominican Republic — 33rd of 128: 73.4 billion
- Canada — 34th of 128: 65.16 billion
- Mozambique — 35th of 128: 65.02 billion
What this measures
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 15 values
| Year | Terms of trade adjustment (constant LCU) |
|---|---|
| 2025 | 90,243,505,870 |
| 2024 | 53,628,053,515 |
| 2023 | 30,048,296,013 |
| 2022 | 27,814,197,276 |
| 2021 | 28,886,236,770 |
| 2020 | 20,022,634,587 |
| 2019 | 1,297,514,062 |
| 2018 | -4,369,873,117 |
| 2017 | -4,153,622,568 |
| 2016 | -218,603 |
Terms of trade adjustment (constant LCU) in nearby economies
- Angola — 2.49 trillion (2024)
- Benin — -92.22 billion (2025)
- Botswana — -27.67 billion (2025)
- Burkina Faso — 2.23 trillion (2025)
- Cabo Verde — 11.67 billion (2025)
- Cameroon — 166.52 billion (2025)
- Central African Republic — -872.72 million (2025)
- Chad — 748.12 billion (2025)
- Comoros — -1.26 billion (2025)
- Congo, Dem. Rep. — -5.34 trillion (2025)
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 terms of trade adjustment (constant LCU)?
- 90.24 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2011?
- It is up 314.26% from -42.12 billion in 2011. The highest value was 90.24 billion in 2025 and the lowest -42.12 billion in 2011.
- How does Ethiopia rank?
- 32nd highest of 128 economies with data for 2025.
- Is the latest change in terms of trade adjustment (constant LCU) unusual for Ethiopia?
- In 2025, Ethiopia's terms of trade adjustment (constant LCU) rose 36.62 billion on 2024 (from 53.63 billion to 90.24 billion). Across the 13 yearly changes before that (2012 to 2024), the average change was +7.37 billion and a typical year strayed about 8.38 billion from that (the standard deviation). This year's change was 3.5 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NY.TTF.GNFS.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) 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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