Goods and services expense in Ethiopia
Ethiopia: Goods and services expense was 149.06 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Ethiopia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, goods and services expense in Ethiopia stood at 149.06 billion current LCU. That is the highest value across all 34 years on record.
The figure is up 33.5% on the previous year and up 599.3% over ten years.
Over the whole period, goods and services expense in Ethiopia peaked at 149.06 billion current LCU in 2024 and was at its lowest, 1.17 billion current LCU, in 1993.
That places Ethiopia 56th out of 155 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.97 billion current LCU | 1.17 billion current LCU | 4.43 billion current LCU | 10 |
| 2000s | 4.06 billion current LCU | 2.15 billion current LCU | 8.59 billion current LCU | 9 |
| 2010s | 25.64 billion current LCU | 8.11 billion current LCU | 51.72 billion current LCU | 10 |
| 2020s | 96.39 billion current LCU | 59.59 billion current LCU | 149.06 billion current LCU | 5 |
Countries ranked near Ethiopia
More public sector data for Ethiopia
- Arms imports 48.00 million SIPRI trend indicator values (2024)
- Tax revenue 3.4% (2024)
- Taxes on income, profits and capital gains 21.5% (2024)
- Taxes on goods and services 32.1% (2024)
- Net investment in nonfinancial assets 1.5% (2024)
- Net lending (+) / net borrowing (-) -1.9% (2024)
- Interest payments 12.6% (2024)
- Grants and other revenue 27.4% (2024)
- Interest payments 9.0% (2023)
- Other taxes 0.6% (2024)
Frequently asked questions
- What is goods and services expense in Ethiopia?
- Goods and services expense in Ethiopia was 149.06 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Ethiopia?
- The highest recorded value was 149.06 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Ethiopia?
- The lowest recorded value was 1.17 billion current LCU in 1993.
- How does Ethiopia rank for goods and services expense?
- Ethiopia ranks 56th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Ethiopia?
- Over the last ten years it is up 599.3%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.