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BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·
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Ethiopia

Ethiopian Birr (ETB)

49
Moderate
Risk
#24
of 171
Riskier
than 86% of currencies
37
global avg score
$385
$1,000 in 5 years
Impact on Citizens

Citizens need their money to grow at least 22.5% per year to not lose purchasing power. Every ETB 100 saved today will only buy 83 worth of goods next year.See savings calculator ↓

Economic Indicators

Inflation Rate
21.0%
Debt to GDP
31.4%
GDP Growth
7.6%
Broad Money / GDP
34.0%

Banking & Stability

NPL Ratio
5.4%
Reserve Months
1.8
Current Account
-2.5%
FX Volatility
39.4

Governance & Markets

Rule of Law
-0.7
Black Market Premium
25.0%
Capital Controls
88.0
Peg Fragility
Not available

Currency Structure

Global Currency Role
70.0
FX Regime
managed float
Data Coverage
92.0%

Savings Impact Calculator

ETB
Holding cash in ETB21.0% inflation
ETB 385−ETB 615 (62% purchasing power lost)
Your ETB 1,000 buys 62% less in 5 years
What if you invested ETB 1,000 instead? (5yr, in ETB terms)
USD-denominated assets gain an additional ~18.0%/yr from expected ETB depreciation vs USD
Hold USD Cash
ETB 2015
+ETB 1015
+15.0%/yr net in ETB
S&P 500
ETB 3441
+ETB 2441
range: ETB 1765ETB 6200
10% USD return + 18.0% FX · ±16% vol
Gold
ETB 3181
+ETB 2181
range: ETB 1106ETB 7603
8% USD return + 18.0% FX · ±24% vol
Bitcoin
ETB 5988
+ETB 4988
range: ETB 560ETB 29.7k
25% USD return + 18.0% FX · ±54% vol

All values in ETB. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~18.0%/yr based on the inflation differential between Ethiopia (21.0%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Data last updated: 2026-05-19

Note: World Bank does not cover this country directly. Data sourced from national statistics and IMF estimates.