Ethiopia - Balance of payments
Ethiopia's balance of payments has been significantly affected by weather conditions, terms of trade, and emergency drought relief efforts provided by the international community.
The US Central Intelligence Agency (CIA) reports that in 2000 the purchasing power parity of Ethiopia's exports was $442 million while imports totaled $1.54 billion resulting in a trade deficit of $1.098 billion.
The International Monetary Fund (IMF) reports that in 2001 Ethiopia had exports of goods totaling $433 million and imports totaling $1.63 billion. The services credit totaled $523 million and debit $526 million. The following table summarizes Ethiopia's balance of payments as reported by the IMF for 2001 in millions of US dollars.
| Current Account | -477 |
| Balance on goods | -1,193 |
| Balance on services | -3 |
| Balance on income | -32 |
| Current transfers | 751 |
| Capital Account | … |
| Financial Account | -140 |
| Direct investment abroad | … |
| Direct investment in Ethiopia | … |
| Portfolio investment assets | … |
| Portfolio investment liabilities | … |
| Other investment assets | 61 |
| Other investment liabilities | -200 |
| Net Errors and Omissions | -52 |
| Reserves and Related Items | 565 |