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 data was reported at 18.683 % in 2017. This records a decrease from the previous number of 22.762 % for 2016. Ethiopia ET: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 8.134 % from Jul 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 26.898 % in 1993 and a record low of -19.862 % in 1992. Ethiopia ET: GDP: Growth: Gross Value Added: Industry 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 industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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.

Ethiopia population growth rate for 2023 was 2.60%, a 0.02% decline from 2022.

<ul style='margin-top:20px;'>

<li>Ethiopia population growth rate for 2022 was <strong>2.62%</strong>, a <strong>0.05% decline</strong> from 2021.</li>
<li>Ethiopia population growth rate for 2021 was <strong>2.67%</strong>, a <strong>0.04% decline</strong> from 2020.</li>
<li>Ethiopia population growth rate for 2020 was <strong>2.71%</strong>, a <strong>0.02% increase</strong> from 2019.</li>
</ul>Annual population growth rate for year t is the exponential rate of growth of midyear population from year t-1 to t, expressed as a percentage . Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.

Ethiopia: Economic growth forecast: The latest value from 2030 is 7.5 percent, a decline from 7.76 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Ethiopia from 1980 to 2030 is 6.22 percent. The minimum value, -11.41 percent, was reached in 1985 while the maximum of 13.87 percent was recorded in 1987.

The gross domestic product (GDP) in current prices in Ethiopia was estimated at about 143.12 billion U.S. dollars in 2024. From 1980 to 2024, the GDP rose by approximately 135.73 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 around 89.70 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.

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 July of 2025.

Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. in Ethiopia was reported at 7.1 % in 2026, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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.

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.

Industry (including construction), value added (annual % growth) in Ethiopia was reported at 9.2398 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - Industry, value added (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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.

The annual population growth in Ethiopia was 2.6 percent in 2023. Between 1961 and 2023, the population growth rose by 0.15 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Ethiopia ET: GDP: Growth: Final Consumption Expenditure data was reported at 1.823 % in 2017. This records a decrease from the previous number of 3.300 % for 2016. Ethiopia ET: GDP: Growth: Final Consumption Expenditure data is updated yearly, averaging 5.621 % from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 10.140 % in 2013 and a record low of 1.823 % in 2017. Ethiopia ET: GDP: Growth: Final Consumption Expenditure 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 final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

The gross domestic product (GDP) per capita in Ethiopia was estimated at about 1.32 thousand U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by approximately 1.09 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP per capita will rise by around 632.29 U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

The crude birth rate in Ethiopia decreased to 31.9 live births per 1,000 inhabitants compared to the previous year. The rate thereby reached its lowest value in recent years. The crude birth rate refers to the number of live births in a given year, expressed per 1,000 population. When studied in combination with the crude death rate, the rate of natural population increase can be determined.Find more statistics on other topics about Ethiopia with key insights such as death rate, total fertility rate, and total life expectancy at birth.

Ethiopia ET: Broad Money: Average Annual Growth Rate data was reported at 23.390 % in 2008. This records an increase from the previous number of 22.213 % for 2007. Ethiopia ET: Broad Money: Average Annual Growth Rate data is updated yearly, averaging 12.926 % from Dec 1961 (Median) to 2008, with 48 observations. The data reached an all-time high of 29.886 % in 1973 and a record low of -1.093 % in 1998. Ethiopia ET: Broad Money: Average Annual Growth Rate 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: Money Supply. Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.; ; International Monetary Fund, International Financial Statistics and data files.; ;

In 2023, the annual population growth in Ethiopia remained nearly unchanged at around 2.6 percent. Yet 2023 saw the lowest population growth in Ethiopia with 2.6 percent. Population growth deals with the annual change in total population, and is affected by factors such as fertility, mortality, and migration.Find more key insights for the annual population growth in countries like Uganda and Somalia.

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

Historical chart and dataset showing Ethiopia GDP by year from 1960 to 2023.