Ethiopia: Foreign exchange reserves

* indicates monthly or quarterly data series
 Ethiopia

Foreign exchange reserves, billion currency units

 Latest value 56.15
 Reference Q2 2023
 Measure billion Ethiopian Birr
 Data availability Q1 2007 - Q2 2023
 Average 55.93
 Min - Max 7.21 - 125.86
 Source National Bank of Ethiopia
For that indicator, we provide data for Ethiopia from Q1 2007 to Q2 2023. The average value for Ethiopia during that period was 55.93 billion Ethiopian Birr with a minimum of 7.21 billion Ethiopian Birr in Q2 2007 and a maximum of 125.86 billion Ethiopian Birr in Q2 2021. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Ethiopia - Foreign exchange reserves - recent values

Historical chart
Ethiopia - Foreign exchange reserves - historical chart - 2007-2023
Measure: billion Ethiopian Birr
Source: National Bank of Ethiopia


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 104.64 2021 percent
 Trade openness 26.57 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 8.25 2022 percent
 Exports, billion dollars 10.45 2022 billion U.S. dollars
 Growth of exports 11.00 2022 percent
 Imports, percent of GDP 18.32 2022 percent
 Imports, billion dollars 23.23 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.89 2022 percent
 Foreign Direct Investment, billion dollars 3.67 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2009 million dollars (current)
 Current account, percent of GDP -4.00 2022 percent
 Current account, in dollars -5.16 2022 billion U.S. dollars
 Trade balance, percent of GDP -10.08 2022 percent
 Trade balance, in dollars -13.22 2022 billion U.S. dollars
 Reserves 3.05 2020 billion U.S. dollars
 Remittances, percent of GDP 0.40 2022 percent
 Remittances 510.20 2022 million U.S. dollars
 Net errors and omissions 1,683.97 2022 million USD
 External debt 22.67 2022 percent
 Short-term external debt 1.18 2022 percent
 Short-term debt to reserves 13.40 2020 percent
 Foreign exchange reserves 64.41 Q3/2022 billion
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