Current Account Balance: Ethiopia
Ethiopia's current account balance is currently -2.6 % of GDP as of 2026. # Ethiopia Current Account Balance Ethiopia's current account balance stands at -2.
Current (2026)
-2.6 % of GDP
+10.3% y/y
Peak (1995)
2.5 % of GDP
Low (2006)
-11.7 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Ethiopia
1980 — 2026
Current Account Balance — Ethiopia
Analysis# Ethiopia Current Account Balance
Ethiopia's current account balance stands at -2.6% of GDP in 2026, reflecting a substantial improvement from its all-time low of -11.7% in 2006. The metric peaked at 2.5% of GDP in 1995, when the country maintained a surplus position. Over the full 1980–2030 period, Ethiopia's account balance has shifted 16.1 percentage points, moving from deeper deficits toward near-equilibrium levels.
A critical turning point emerged around 2017–2023, when the deficit narrowed consistently from -8.5% to -2.9% of GDP. This five-year recovery demonstrates strengthening external finances despite occasional reversals, notably in 2024 when the deficit widened to -4.2%. Projections for 2025–2026 suggest stabilization around -2.6% to -2.9%, indicating Ethiopia's trajectory toward more balanced international accounts.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -1.8 % of GDP | -5.88% |
| 2029 | -1.7 % of GDP | +10.53% |
| 2028 | -1.9 % of GDP | +9.52% |
| 2027 | -2.1 % of GDP | +19.23% |
| 2026 | -2.6 % of GDP | +10.34% |
| 2025 | -2.9 % of GDP | +30.95% |
| 2024 | -4.2 % of GDP | -44.83% |
| 2023 | -2.9 % of GDP | +32.56% |
| 2022 | -4.3 % of GDP | -34.37% |
| 2021 | -3.2 % of GDP | +30.43% |
| 2020 | -4.6 % of GDP | +13.21% |
| 2019 | -5.3 % of GDP | +18.46% |
| 2018 | -6.5 % of GDP | +23.53% |
| 2017 | -8.5 % of GDP | +22.02% |
| 2016 | -10.9 % of GDP | +5.22% |
| 2015 | -11.5 % of GDP | -45.57% |
| 2014 | -7.9 % of GDP | -33.90% |
| 2013 | -5.9 % of GDP | +10.61% |
| 2012 | -6.6 % of GDP | -842.86% |
| 2011 | -0.7 % of GDP | +84.44% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -4.5 % of GDP | +45.12% |
| 2009 | -8.2 % of GDP | -46.43% |
| 2008 | -5.6 % of GDP | +9.68% |
| 2007 | -6.2 % of GDP | +47.01% |
| 2006 | -11.7 % of GDP | -58.11% |
| 2005 | -7.4 % of GDP | -94.74% |
| 2004 | -3.8 % of GDP | -216.67% |
| 2003 | -1.2 % of GDP | +70.00% |
| 2002 | -4 % of GDP | -185.71% |
| 2001 | -1.4 % of GDP | +44.00% |
| 2000 | -2.5 % of GDP | +64.29% |
| 1999 | -7 % of GDP | -1300.00% |
| 1998 | -0.5 % of GDP | -66.67% |
| 1997 | -0.3 % of GDP | -200.00% |
| 1996 | 0.3 % of GDP | -88.00% |
| 1995 | 2.5 % of GDP | +327.27% |
| 1994 | -1.1 % of GDP | -1200.00% |
| 1993 | 0.1 % of GDP | — |
| 1992 | 0 % of GDP | +100.00% |
| 1991 | -2.1 % of GDP | -90.91% |
| 1990 | -1.1 % of GDP | +21.43% |
| 1989 | -1.4 % of GDP | +46.15% |
| 1988 | -2.6 % of GDP | -188.89% |
| 1987 | -0.9 % of GDP | +52.63% |
| 1986 | -1.9 % of GDP | -290.00% |
| 1985 | 1 % of GDP | +137.04% |
| 1984 | -2.7 % of GDP | -28.57% |
| 1983 | -2.1 % of GDP | +43.24% |
| 1982 | -3.7 % of GDP | -42.31% |
| 1981 | -2.6 % of GDP | +16.13% |
| 1980 | -3.1 % of GDP | — |
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