International Reserves in Ethiopia

Ethiopia International Reserves | Economic News & Forecasts

Ethiopia - International Reserves

The economy is expected to have grown at a steady clip in the 2018–2019 fiscal year, which ended in July. Solid public infrastructure spending likely kept activity healthy, despite electricity rationing and foreign exchange shortages hampering momentum. Turning to the current fiscal year, data is scarce although headwinds are likely restraining growth. Particularly, the critical agricultural sector remains hampered by ongoing drought as well as a locus invasion in certain parts of the country, which is worsening food shortages, fueling inflation and likely weighing on government finances. Meanwhile, on the political front, the government unveiled an ambitious jobs creation plan in late October, aimed at creating 20 million new jobs by 2025, partly through increasing the country’s private sector.

Ethiopia - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)2.4  3.5  3.8  3.0  3.0  

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Ethiopia International Reserves Chart


Ethiopia International Reserves
Note: International reserves, months of imports.
Source: IMF

Ethiopia Facts

ValueChangeDate
Exchange Rate30.230.01 %Nov 21
Stock Market0.50.0 %Nov 21

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