Ethiopia Broad Money Growth

Annual growth of broad money (M2/M3 equivalent).

Broad Money Growth in Ethiopia increased to 23.39 percent in 2008 from 22.21 percent in 2007.

23.4%
▲ +1.2 pp2008 · previous 22.2%Annual · percent · Source: World Bank — World Development Indicators

Ethiopia Broad Money Growth — History

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Ethiopia Broad Money Growth — analysis in simple words

Latest reading

Broad Money Growth in Ethiopia increased to 23.39 percent in 2008 from 22.21 percent in 2007.

It has risen in each of the last three years.

Recent trend

A year earlier (2007) it was 22.2%, so the latest figure is 1.2 percentage points higher.

Over the past five years the average was 20.7%, with a range from 18.6% to 23.4%. The latest value is above that five-year average.

Historical context

This data series starts in 1961 and has 48 annual observations. The latest reading is higher than 94% of all of them.

The highest value on record is 29.9% (1973) and the lowest is -1.1% (1998). The long-run average is 13.0%.

Statistics

Latest
23.4%2008
Previous
22.2%
5-year average
20.7%
Long-run average
13.0%since 1961
All-time high
29.9%1973
All-time low
-1.1%1998
Observations
48Annual

Recent Data

PeriodValueChange
200823.4%▲ +1.2 pp
200722.2%▲ +2.2 pp
200620.0%▲ +1.4 pp
200518.6%▼ −0.7 pp
200419.3%▲ +6.8 pp
200312.4%▼ −3.5 pp
200215.9%▲ +6.3 pp
20019.7%▼ −3.4 pp
200013.1%▼ −0.6 pp
199913.7%▲ +14.8 pp
1998-1.1%▼ −20.9 pp
199719.8%▲ +10.8 pp
19969.0%▲ +0.0 pp
19959.0%▼ −14.1 pp
199423.2%▲ +14.4 pp
19938.8%▼ −6.4 pp
199215.2%▼ −0.7 pp
199115.9%▼ −3.9 pp
199019.9%▲ +4.3 pp
198915.6%▲ +4.5 pp
198811.1%▲ +5.4 pp
19875.6%▼ −5.8 pp
198611.4%▼ −5.7 pp
198517.1%▲ +7.4 pp
19849.7%▼ −4.7 pp
198314.5%▲ +4.2 pp
198210.3%▼ −0.7 pp
198111.0%▲ +6.8 pp
19804.2%▼ −9.0 pp
197913.2%

Broad Money Growth — Ethiopia vs Peers

Latest available reading for each economy (periods may differ). Ethiopia highlighted.

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More Ethiopia indicators

Understanding Broad Money Growth — a simple guide

What it measures

The annual growth rate of broad money (currency plus deposits, roughly M2/M3).

How it is calculated

Yearly % change in broad money — cash plus bank deposits.

Simple example

Growth of 10% means money in the economy rose by a tenth in a year.

▲ When it is high or rising

Fast money growth reflects strong credit creation and liquidity.

▼ When it is low or falling

Slow money growth points to tighter liquidity.

Why it matters for the economy and markets

Money growth reflects credit creation and liquidity conditions in the economy.

How to read it

Very fast money growth relative to GDP can precede inflation, but the link is loose in modern economies.

Data source

World Bank — World Development Indicators (series FM.LBL.BMNY.ZG), annual data from 1961 to 2008. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current broad money growth of Ethiopia?
Ethiopia broad money growth was 23.4% in 2008, compared with 22.2% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest broad money growth of Ethiopia?
Since 1961, the highest reading was 29.9% (1973) and the lowest was -1.1% (1998).
What does broad money growth measure?
The annual growth rate of broad money (currency plus deposits, roughly M2/M3).

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.