Ethiopia recorded a Current Account deficit of 926.70 USD Million in the second quarter of 2021. source: National Bank of Ethiopia

Current Account in Ethiopia averaged -960.78 USD Million from 2006 until 2021, reaching an all time high of 159.30 USD Million in the second quarter of 2007 and a record low of -2535.80 USD Million in the fourth quarter of 2014. This page provides - Ethiopia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Current Account - values, historical data and charts - was last updated on December of 2021.

Current Account in Ethiopia is expected to be -650.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Current Account is projected to trend around -720.00 USD Million in 2022 and -1000.00 USD Million in 2023, according to our econometric models.

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Ethiopia Current Account

Related Last Previous Unit Reference
Balance of Trade -2735.10 -2690.80 USD Million Jun/21
Current Account -926.70 -797.20 USD Million Jun/21
Current Account to GDP -4.40 -5.30 percent of GDP Dec/20
Exports 1176.90 883.10 USD Million Jun/21
Imports 3911.90 3573.90 USD Million Jun/21
Foreign Direct Investment 1906.70 725.10 USD Million Jun/21
Ethiopia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).