| Product Code: ETC5380548 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Ethiopia Digital Remittance Market is poised for steady growth rate improvements from 2025 to 2029. From 0.07% in 2025, the growth rate steadily ascends to 0.10% in 2029.

The Ethiopia Digital Remittance Market is growing rapidly, driven by the increasing flow of remittances from Ethiopians living abroad. Digital platforms that enable cross-border money transfers are becoming essential for both individuals and businesses in Ethiopia. With the rise of mobile banking and digital wallets, sending and receiving money has become more accessible and affordable. As the Ethiopian diaspora continues to send funds to support families back home, digital remittance services are gaining popularity due to their speed, low fees, and convenience. The market is expected to continue expanding with more international partnerships and local innovation in digital payment solutions.
The digital remittance market in Ethiopia is growing due to the rise in mobile money services and online money transfers, facilitating the sending of money across borders. With the increasing adoption of digital payment platforms, both international and domestic remittance flows are being streamlined, boosting financial inclusion and economic growth.
The Ethiopia Digital Remittance Market is constrained by limited internet access, particularly in rural areas, which hinders the growth of digital money transfer platforms. Additionally, regulatory challenges and low levels of digital literacy limit the adoption of digital remittance services for individuals and businesses.
The Ethiopian government is focused on improving access to digital financial services, which supports the growth of the digital remittance market. Policies that promote financial inclusion, mobile banking, and the use of digital payment systems will contribute to the market`s expansion. The governments push to enhance remittance flows, particularly from the Ethiopian diaspora, will further support the growth of digital remittance platforms, enabling easier and faster transfers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ethiopia Digital Remittance Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Digital Remittance Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Digital Remittance Market - Industry Life Cycle |
3.4 Ethiopia Digital Remittance Market - Porter's Five Forces |
3.5 Ethiopia Digital Remittance Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ethiopia Digital Remittance Market Revenues & Volume Share, By Channel, 2021 & 2031F |
3.7 Ethiopia Digital Remittance Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Ethiopia Digital Remittance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing internet and smartphone penetration rates in Ethiopia |
4.2.2 Growing diaspora population sending money back to Ethiopia |
4.2.3 Government initiatives promoting digital financial services adoption |
4.3 Market Restraints |
4.3.1 Limited banking infrastructure and access to financial services in rural areas |
4.3.2 Concerns about cybersecurity and data privacy in digital transactions |
4.3.3 High levels of informal remittance channels leading to competition for digital platforms |
5 Ethiopia Digital Remittance Market Trends |
6 Ethiopia Digital Remittance Market Segmentations |
6.1 Ethiopia Digital Remittance Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Digital Remittance Market Revenues & Volume, By Inward Digital Remittance, 2021-2031F |
6.1.3 Ethiopia Digital Remittance Market Revenues & Volume, By Outward Digital Remittance, 2021-2031F |
6.2 Ethiopia Digital Remittance Market, By Channel |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Digital Remittance Market Revenues & Volume, By Banks, 2021-2031F |
6.2.3 Ethiopia Digital Remittance Market Revenues & Volume, By Money Transfer Operators, 2021-2031F |
6.2.4 Ethiopia Digital Remittance Market Revenues & Volume, By Online Platforms, 2021-2031F |
6.2.5 Ethiopia Digital Remittance Market Revenues & Volume, By Others, 2021-2031F |
6.3 Ethiopia Digital Remittance Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Ethiopia Digital Remittance Market Revenues & Volume, By Migrant Labor Workforce, 2021-2031F |
6.3.3 Ethiopia Digital Remittance Market Revenues & Volume, By Personal, 2021-2031F |
6.3.4 Ethiopia Digital Remittance Market Revenues & Volume, By Small Businesses, 2021-2031F |
6.3.5 Ethiopia Digital Remittance Market Revenues & Volume, By Others, 2021-2031F |
7 Ethiopia Digital Remittance Market Import-Export Trade Statistics |
7.1 Ethiopia Digital Remittance Market Export to Major Countries |
7.2 Ethiopia Digital Remittance Market Imports from Major Countries |
8 Ethiopia Digital Remittance Market Key Performance Indicators |
8.1 Average transaction value per user |
8.2 Number of active users on digital remittance platforms |
8.3 Percentage of remittances processed digitally |
8.4 Customer satisfaction ratings for digital remittance services |
8.5 Rate of adoption of new digital payment technologies |
9 Ethiopia Digital Remittance Market - Opportunity Assessment |
9.1 Ethiopia Digital Remittance Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ethiopia Digital Remittance Market Opportunity Assessment, By Channel, 2021 & 2031F |
9.3 Ethiopia Digital Remittance Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Ethiopia Digital Remittance Market - Competitive Landscape |
10.1 Ethiopia Digital Remittance Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Digital Remittance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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