Remittances in Ethiopia

Ethiopia: Remittances was 4.77 in 2024. ◆ Volatile

Latest (2024)
4.77
Change on year
up 1,100.8%
World rank
62nd
of 194 countries
All-time high
4.77
in 2024
All-time low
0.0418
in 1990
Years of data
48
1977–2024

Remittances in Ethiopia, 1977–2024

012345197720002024

Source: Our World in Data.

Analysis

In 2024, remittances in Ethiopia stood at 4.77. That is the highest value across all 48 years on record.

Compared with earlier readings it is up 1,100.8% on the previous year and up 47.6% over ten years.

Over the whole period, remittances in Ethiopia peaked at 4.77 in 2024 and was at its lowest, 0.0418, in 1990.

That places Ethiopia 62nd out of 194 countries with data for 2024, putting it in the middle of the range.

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

Remittances in Ethiopia, year by year

Annual values for Remittances in Ethiopia, 1977 to 2024.
Year Value Change
1977 0.0786 —
1978 0.1189 +51.2%
1979 0.132 +11.1%
1980 0.1743 +32.0%
1981 0.1396 -19.9%
1982 0.129 -7.6%
1983 0.1254 -2.8%
1984 0.1386 +10.5%
1985 0.1462 +5.5%
1986 0.1345 -8.0%
1987 0.0792 -41.1%
1988 0.1011 +27.6%
1989 0.055 -45.6%
1990 0.0418 -24.0%
1991 0.0707 +69.1%
1992 0.1396 +97.5%
1993 0.2031 +45.4%
1994 0.3468 +70.8%
1995 0.3483 +0.4%
1996 0.1828 -47.5%
1997 0.1049 -42.6%
1998 0.3408 +225.0%
1999 0.4273 +25.4%
2000 0.6449 +50.9%
2001 0.2225 -65.5%
2002 0.4202 +88.9%
2003 0.5389 +28.2%
2004 1.32 +145.0%
2005 1.4 +6.0%
2006 1.13 -19.5%
2007 1.82 +61.2%
2008 1.43 -21.3%
2009 0.8065 -43.6%
2010 1.46 +80.7%
2011 1.68 +15.6%
2012 1.44 -14.4%
2013 1.75 +21.3%
2014 3.23 +84.8%
2015 1.75 -45.8%
2016 1.13 -35.6%
2017 0.5151 -54.3%
2018 0.5236 +1.6%
2019 0.5223 -0.2%
2020 0.4095 -21.6%
2021 0.4104 +0.2%
2022 0.4143 +1.0%
2023 0.397 -4.2%
2024 4.77 +1100.8%

Ethiopia compared with similar countries

  • Ethiopia's 4.77 is above the median for low income countries, which is 3.36, 1.4× the median. (22 countries reporting)
  • Ethiopia's 4.77 is above the median for Sub-Saharan Africa, which is 2.52, 1.9× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Remittances 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
2024 +1100.8% 0.397 4.77

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.1098 0.0786 0.132 3
1980s 0.1223 0.055 0.1743 10
1990s 0.2206 0.0418 0.4273 10
2000s 0.9723 0.2225 1.82 10
2010s 1.4 0.5151 3.23 10
2020s 1.28 0.397 4.77 5

Countries ranked near Ethiopia

  1. 59 Tuvalu 5.14 compare
  2. 60 Vietnam 5.08 compare
  3. 61 Armenia 4.9 compare
  4. 63 Sierra Leone 4.6 compare
  5. 64 Cambodia 4.29 compare
  6. 65 Kenya 4.15 compare

See the full ranking of 194 places →

More reference data data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is remittances in Ethiopia?
Remittances in Ethiopia was 4.77 in 2024, according to Our World in Data.
What is the highest remittances recorded in Ethiopia?
The highest recorded value was 4.77 in 2024.
What is the lowest remittances recorded in Ethiopia?
The lowest recorded value was 0.0418 in 1990.
How does Ethiopia rank for remittances?
Ethiopia ranks 62nd out of 194 countries with data for 2024.
Is remittances rising or falling in Ethiopia?
Over the last ten years it is up 47.6%. The long-run trend across the full record is volatile.
Where does this Ethiopia data come from?
The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Ethiopia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/ethiopia/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed