Gross savings in Ethiopia
Ethiopia: Gross savings was 2.32 trillion current LCU in 2024. ◆ Volatile
Gross savings in Ethiopia, 2011–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, gross savings in Ethiopia stood at 2.32 trillion current LCU. That is the highest value across all 14 years on record.
That represents a change of up 32.2% on the previous year and up 594.9% over ten years.
Over the whole period, gross savings in Ethiopia peaked at 2.32 trillion current LCU in 2024 and was at its lowest, 167.70 billion current LCU, in 2011.
That places Ethiopia 47th out of 177 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 |
|---|---|---|---|---|
| 2010s | 430.95 billion current LCU | 167.70 billion current LCU | 789.82 billion current LCU | 9 |
| 2020s | 1.49 trillion current LCU | 936.64 billion current LCU | 2.32 trillion current LCU | 5 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- DEC alternative conversion factor 119.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.06 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 8.86 billion current US$ (2025)
- Taxes less subsidies on products 575.80 billion current LCU (2025)
- Taxes less subsidies on products 4.82 billion current US$ (2025)
- Net primary income (Net income from abroad) -25.74 billion current LCU (2025)
- Net primary income (Net income from abroad) -215.51 million current US$ (2025)
- GNI per capita 111,231 current LCU (2025)
- GNI per capita, Atlas method 1,110 current US$ (2025)
- GNI 15.07 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Ethiopia?
- Gross savings in Ethiopia was 2.32 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Ethiopia?
- The highest recorded value was 2.32 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Ethiopia?
- The lowest recorded value was 167.70 billion current LCU in 2011.
- How does Ethiopia rank for gross savings?
- Ethiopia ranks 47th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Ethiopia?
- Over the last ten years it is up 594.9%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.