Remittances, annual growth rate in Ethiopia

Ethiopia: Remittances, annual growth rate was -4.19 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-4.19 % change on previous year
Change on year
down 540.4%
World rank
120th
of 189 countries
All-time high
225.01 % change on previous year
in 1998
All-time low
-65.5 % change on previous year
in 2001
Years of data
46
1978–2023

Remittances, annual growth rate in Ethiopia, 1978–2023

-1000100200197820002023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Ethiopia recorded -4.19 % change on previous year for remittances, annual growth rate in 2023.

Compared with earlier readings it is down 540.4% on the previous year and down 119.7% over ten years.

Over the whole period, remittances, annual growth rate in Ethiopia peaked at 225.01 % change on previous year in 1998 and was at its lowest, -65.5 % change on previous year, in 2001.

Ethiopia ranks 120th of 189 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances, annual growth rate in Ethiopia, year by year

Annual values for Remittances, annual growth rate in Ethiopia, 1978 to 2023.
Year % change on previous year Change
1978 51.16 % change on previous year —
1979 11.08 % change on previous year -78.4%
1980 32.01 % change on previous year +189.0%
1981 -19.89 % change on previous year -162.1%
1982 -7.59 % change on previous year -61.8%
1983 -2.79 % change on previous year -63.2%
1984 10.47 % change on previous year -474.9%
1985 5.49 % change on previous year -47.5%
1986 -7.99 % change on previous year -245.6%
1987 -41.07 % change on previous year +414.0%
1988 27.58 % change on previous year -167.1%
1989 -45.57 % change on previous year -265.2%
1990 -24.03 % change on previous year -47.3%
1991 69.13 % change on previous year -387.7%
1992 97.48 % change on previous year +41.0%
1993 45.41 % change on previous year -53.4%
1994 70.78 % change on previous year +55.9%
1995 0.4322 % change on previous year -99.4%
1996 -47.53 % change on previous year -11095.7%
1997 -42.62 % change on previous year -10.3%
1998 225.01 % change on previous year -628.0%
1999 25.37 % change on previous year -88.7%
2000 50.92 % change on previous year +100.7%
2001 -65.5 % change on previous year -228.6%
2002 88.85 % change on previous year -235.6%
2003 28.25 % change on previous year -68.2%
2004 144.98 % change on previous year +413.2%
2005 5.99 % change on previous year -95.9%
2006 -19.48 % change on previous year -425.1%
2007 61.17 % change on previous year -414.0%
2008 -21.32 % change on previous year -134.8%
2009 -43.55 % change on previous year +104.3%
2010 80.66 % change on previous year -285.2%
2011 15.63 % change on previous year -80.6%
2012 -14.44 % change on previous year -192.3%
2013 21.28 % change on previous year -247.4%
2014 84.76 % change on previous year +298.4%
2015 -45.81 % change on previous year -154.1%
2016 -35.57 % change on previous year -22.4%
2017 -54.32 % change on previous year +52.7%
2018 1.64 % change on previous year -103.0%
2019 -0.2468 % change on previous year -115.1%
2020 -21.59 % change on previous year +8649.4%
2021 0.2225 % change on previous year -101.0%
2022 0.952 % change on previous year +327.9%
2023 -4.19 % change on previous year -540.4%

Ethiopia compared with similar countries

  • Ethiopia's -4.19 % change on previous year is below the median for low income countries, which is 0.4096 % change on previous year. (21 countries reporting)
  • Ethiopia's -4.19 % change on previous year is below the median for Sub-Saharan Africa, which is -0.6476 % change on previous year, 6.5× the median. (44 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1996 -11095.7% 0.4322 % change on previous year -47.53 % change on previous year
2020 -8649.4% -0.2468 % change on previous year -21.59 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 31.12 % change on previous year 11.08 % change on previous year 51.16 % change on previous year 2
1980s -4.94 % change on previous year -45.57 % change on previous year 32.01 % change on previous year 10
1990s 41.95 % change on previous year -47.53 % change on previous year 225.01 % change on previous year 10
2000s 23.03 % change on previous year -65.5 % change on previous year 144.98 % change on previous year 10
2010s 5.36 % change on previous year -54.32 % change on previous year 84.76 % change on previous year 10
2020s -6.15 % change on previous year -21.59 % change on previous year 0.952 % change on previous year 4

Countries ranked near Ethiopia

  1. 117 Japan -3.87 % change on previous year compare
  2. 118 Czechia -3.98 % change on previous year compare
  3. 119 Canada -4.15 % change on previous year compare
  4. 121 Denmark -4.73 % change on previous year compare
  5. 122 Mexico -4.91 % change on previous year compare
  6. 123 Cape Verde -5.17 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is remittances, annual growth rate in Ethiopia?
Remittances, annual growth rate in Ethiopia was -4.19 % change on previous year in 2023, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Ethiopia?
The highest recorded value was 225.01 % change on previous year in 1998.
What is the lowest remittances, annual growth rate recorded in Ethiopia?
The lowest recorded value was -65.5 % change on previous year in 2001.
How does Ethiopia rank for remittances, annual growth rate?
Ethiopia ranks 120th out of 189 countries with data for 2023.
Is remittances, annual growth rate rising or falling in Ethiopia?
Over the last ten years it is down 119.7%. The long-run trend across the full record is volatile.
Where does this Ethiopia data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 46 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Remittances, annual growth rate in Ethiopia. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/ethiopia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://reference.statizoid.com/stat/remittances-annual-growth-rate/ethiopia/">Remittances, annual growth rate in Ethiopia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.