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In 2017, changes in net reserves for Ethiopia was -370 million US dollars. Though Ethiopia changes in net reserves fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at -370 million US dollars in 2017.The description is composed by our digital data assistant.
Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars.