The Gross Domestic Product (GDP) in Ethiopia expanded 7.50 percent in the fourth quarter of 2022 over the same quarter of the previous year. This dataset provides - Ethiopia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The growth of the real gross domestic product (GDP) in Ethiopia was estimated at approximately 8.05 percent in 2024. Between 1980 and 2024, the growth rose by around 4.05 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The growth is forecast to decline by about 0.55 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Ethiopia ET: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 17.411 % in 2017. This records a decrease from the previous number of 18.390 % for 2016. Ethiopia ET: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 8.286 % from Jul 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 29.722 % in 1993 and a record low of -34.921 % in 1991. Ethiopia ET: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Historical dataset showing Ethiopia economic growth by year from 1960 to 2023.

The gross domestic product (GDP) in current prices in Ethiopia stood at 142.07 billion U.S. dollars in 2024. From 1980 to 2024, the GDP rose by 134.68 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP will rise by 75.86 billion U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

This statistic shows the share of economic sectors in the gross domestic product (GDP) in Ethiopia from 2013 to 2023. In 2023, the share of agriculture in Ethiopia's gross domestic product was 35.79 percent, industry contributed approximately 24.48 percent and the services sector contributed about 36.98 percent.

GDP per capita growth (annual %) in Ethiopia was reported at 4.5797 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

The Gross Domestic Product (GDP) in Ethiopia was worth 163.70 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Ethiopia represents 0.15 percent of the world economy. This dataset provides the latest reported value for - Ethiopia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Ethiopia ET: GDP: Growth: Gross Fixed Capital Formation data was reported at 15.903 % in 2017. This records an increase from the previous number of 10.579 % for 2016. Ethiopia ET: GDP: Growth: Gross Fixed Capital Formation data is updated yearly, averaging 20.147 % from Jul 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 46.511 % in 2012 and a record low of 9.441 % in 2013. Ethiopia ET: GDP: Growth: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank: Gross Domestic Product: Annual Growth Rate. Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

GDP growth of Ethiopia jumped by 10.96% from 6.6 % in 2023 to 7.3 % in 2024. Since the 5.67% drop in 2022, GDP growth shot up by 37.49% in 2024. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Graph and download economic data for Gross Domestic Product for Ethiopia (MKTGDPETA646NWDB) from 1960 to 2023 about Ethiopia and GDP.

Ethiopia ET: GDP: Growth: Gross Value Added: Agriculture data was reported at 6.713 % in 2017. This records an increase from the previous number of 2.590 % for 2016. Ethiopia ET: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 5.278 % from Jul 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 17.381 % in 1987 and a record low of -20.528 % in 1985. Ethiopia ET: GDP: Growth: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Time series data for the statistic GOAL 8: Decent Work and Economic Growth (5 year moving average) and country Ethiopia. Indicator Definition:SDG Goal 8 data availability. Source: UN Global SDG Indicators DatabaseThe indicator "GOAL 8: Decent Work and Economic Growth (5 year moving average)" stands at 0.875 as of 12/31/2023, the highest value at least since 12/31/2005, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 97.07 percent compared to the value the year prior.The 1 year change in percent is 97.07.The 3 year change in percent is 145.10.The 5 year change in percent is 278.79.The 10 year change in percent is 127.27.The Serie's long term average value is 0.359. It's latest available value, on 12/31/2023, is 143.80 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/2004, to it's latest available value, on 12/31/2023, is +600.00%.The Serie's change in percent from it's maximum value, on 12/31/2023, to it's latest available value, on 12/31/2023, is 0.0%.

Dataset of the Ethiopia GDP Annual Growth Rate, including historical data, latest releases, and long-term trends from 1962-12-31 to 2024-12-31. Available for free download in CSV format.

Ethiopia’s rapid growth over the past two decades has resulted in a surge in income per capita levels, with the country approaching fast the middle-income milestone. Over the past decade, fast growth was driven by capital accumulation, but the extent to which this growth has been equally distributed is unclear. Public infrastructure spending accelerated dramatically in the first half of the 2010s, helping underpin fast economic growth. However, this approach seems to have had important shortcomings. Contrary to the findings of World Bank (2015) which examined an earlier period, total factor productivity (TFP) declined during 2011-2020, contributing negatively to growth. In addition, inequality at the household level increased between 2011 and 2016. Finally, macroeconomic imbalances have widened, a trend exacerbated by recent shocks. This report discusses the drivers of growth in Ethiopia and, in the absence of official subnational gross domestic product (GDP) figures, examines whether there has been convergence in economic activity at the subnational level.

As of December 2020, the real Gross Domestic Product (GDP) growth in Ethiopia was revised down, considering the effects of the COVID-19 pandemic. In 2019, the real GDP growth was reviewed to *** percent. Moreover, it is estimated that 2020 growth rate would remain positive regardless of the pandemic at *** percent. The GDP growth in 2021 and 2022 was revised to * percent and *** percent, respectively.

Ethiopia registered the first coronavirus infection on March 13, 2020. By April, more than *** thousand cases were recorded in the country.

GDP per capita growth of Ethiopia shot up by 18.81% from 3.9 % in 2023 to 4.6 % in 2024. Since the 9.11% slump in 2022, GDP per capita growth soared by 76.45% in 2024. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

In 2024, the ratio of national debt to gross domestic product (GDP) of Ethiopia was estimated at approximately 32.30 percent. Between 1992 and 2024, the figure dropped by around 55.64 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by about 2.75 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Techsalerator’s Business Funding Data for Ethiopia

Techsalerator’s Business Funding Data for Ethiopia provides a comprehensive and detailed collection of information vital for businesses, investors, and financial analysts. This dataset offers an in-depth analysis of funding activities across various sectors in Ethiopia, capturing and categorizing data related to funding rounds, investment sources, and key financial milestones.

For access to the full dataset, please reach out to us at info@techsalerator.com or visit https://www.techsalerator.com/contact-us.

Techsalerator’s Business Funding Data for Ethiopia

Techsalerator’s Business Funding Data for Ethiopia delivers an extensive overview of critical information for businesses, investors, and financial analysts. This dataset provides a thorough examination of funding activities across different sectors in Ethiopia, detailing data on funding rounds, investment sources, and significant financial milestones.

Top 5 Key Data Fields

• Company Name: Identifies the company receiving funding, aiding investors in spotting potential opportunities and allowing analysts to track funding trends within specific industries.

• Funding Amount: Indicates the total funding a company has received, providing insights into the financial health and growth potential of businesses and the scale of investment activities.

• Funding Round: Specifies the stage of funding, such as seed, Series A, Series B, or later stages. This information helps investors gauge a business’s maturity and growth trajectory.

• Investor Name: Lists the investors or investment firms involved, helping assess the credibility of the funding source and their strategic interests.

• Investment Date: Records when the funding was completed, which can reflect market trends, investor confidence, and potential impacts on a company’s future.

Top 5 Funding Trends in Ethiopia

• Infrastructure Development: Significant investments are being made in infrastructure projects, including roads, bridges, and energy. These investments are essential for Ethiopia’s economic growth and stability.

• Agriculture and Agritech: With agriculture being a cornerstone of Ethiopia’s economy, funding is directed toward modernizing agricultural practices through agritech, focusing on sustainability and productivity.

• Telecommunications and Digital Connectivity: The telecom sector in Ethiopia is receiving investment to enhance digital connectivity and access to information, which is crucial for economic development and social inclusion.

• Healthcare and Pharmaceuticals: Increased funding is flowing into healthcare infrastructure, pharmaceuticals, and health tech to address the healthcare needs of the population and support medical research and innovation.

• Education and Vocational Training: Funding is being allocated to educational initiatives and vocational training programs aimed at improving literacy rates, enhancing skills, and creating employment opportunities.

Top 5 Companies with Notable Funding Data in Ethiopia

• Ethio Telecom: Ethiopia’s leading telecommunications provider, Ethio Telecom, has received significant funding to expand its network coverage, enhance digital services, and support community initiatives.

• Commercial Bank of Ethiopia (CBE): This major financial institution has attracted substantial investment to improve its banking services, expand its reach, and promote financial inclusion.

• Addis Ababa University: Funding has been secured to support educational initiatives, research, and infrastructure improvements at Ethiopia’s largest university.

• EthioChicken: Known for its impact on agricultural productivity, EthioChicken has received funding to enhance poultry farming practices and expand its operations.

• Dabiré Group: This company has garnered investment to advance its activities in agriculture and agritech, focusing on sustainable farming practices and productivity improvements.

Accessing Techsalerator’s Business Funding Data

To obtain Techsalerator’s Business Funding Data for Ethiopia, contact info@techsalerator.com with your specific needs. Techsalerator will provide a customized quote based on the required data fields and records, with delivery available within 24 hours. Ongoing access options can also be discussed.

Included Data Fields

• Company Name
• Funding Amount
• Funding Round
• Investor Name
• Investment Date
• Funding Type (Equity, Debt, Grants, etc.)
• Sector Focus
• Deal Structure
• Investment Stage
• Contact Information

For detailed insights into funding activities and financial trends in Ethiopia, Techsalerator’s dataset is an invaluable resource for investors, business analysts, and financial professionals seeking informed, strategic decisions.

Graph and download economic data for Population Growth for Ethiopia (SPPOPGROWETH) from 1961 to 2024 about Ethiopia, population, and rate.