Bank Deposits Statistics in Ethiopia (2026)
Ethiopia recorded outstanding bank deposits of 28.2% of GDP in 2022, IMF Financial Access Survey data show. Up from 24.1% of GDP in 2012 to 28.2% of GDP in 2022 (+4.1 percentage points). Ethiopia ranks #19 of 40 economies in Sub-Saharan Africa on this measure, and #142 of 172 globally.
Key Statistics
- Latest value (2022)
- 28.2% of GDP (2022)
- Bank Deposits in Ethiopia as of 2022, the most recent observation in IMF Financial Access Survey data.
- Change since 2012
- +4.1 pp (2022)
- Up from 24.1% of GDP in 2012 to 28.2% of GDP in 2022 (+4.1 percentage points).
- Earliest value in this dataset (2004)
- 34.8% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 34.8% of GDP in 2004 to 28.2% of GDP in 2022.
- Peak value (2004)
- 34.8% of GDP (2004)
- Highest value in the available series; the 2022 value is 28.2% of GDP.
- Rank in Sub-Saharan Africa
- #19 of 40 (2022)
- Ethiopia ranks 19 of 40 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #142 of 172 (2022)
- Ethiopia ranks 142 of 172 countries with data globally.
- Sub-Saharan Africa average
- 39.2% of GDP (2022)
- Ethiopia (28.2% of GDP) is below the average of 39.2% of GDP across the 40 countries in Sub-Saharan Africa with data.
- Internet use in Ethiopia (2024)
- 21.9% (2024)
- 21.9% of the population in Ethiopia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 132.1 million (2024)
- Ethiopia had a population of 132.1 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2022
| Year | % of GDP | Change |
|---|---|---|
| 2022 | 28.2% | +4.1 pp |
| 2012 | 24.1% | −2.7 pp |
| 2011 | 26.7% | +2.0 pp |
| 2010 | 24.8% | +2.5 pp |
| 2009 | 22.3% | −2.2 pp |
| 2008 | 24.5% | −5.0 pp |
| 2007 | 29.6% | −2.3 pp |
| 2006 | 31.8% | −1.9 pp |
| 2005 | 33.7% | −1.0 pp |
| 2004 | 34.8% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in Ethiopia?
Outstanding bank deposits in Ethiopia stood at 28.2% of GDP in 2022, according to IMF Financial Access Survey data.
How recent is the bank deposits data for Ethiopia?
The most recent observation is from 2022. IMF Financial Access Survey data is reported with a lag, so 2022 is the latest available year for Ethiopia.
Where does the bank deposits data for Ethiopia come from?
The data comes from the IMF Financial Access Survey (indicator OUTD_COMBANK.POGDP). The latest observation for Ethiopia is from 2022; the snapshot was retrieved on 2026-06-10.
How has bank deposits in Ethiopia changed over time?
IMF Financial Access Survey data show a decline from 34.8% of GDP in 2004 to 28.2% of GDP in 2022.
How does Ethiopia compare with other countries in Sub-Saharan Africa?
Ethiopia ranks 19 of 40 countries in Sub-Saharan Africa with data, with 28.2% of GDP versus a regional average of 39.2% of GDP (latest values per country).
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .