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.

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.

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.

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: 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.

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

Ethiopia ET: GDP: Growth data was reported at 10.246 % in 2017. This records an increase from the previous number of 7.562 % for 2016. Ethiopia ET: GDP: Growth data is updated yearly, averaging 8.268 % from Jul 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 13.859 % in 1987 and a record low of -11.144 % in 1985. Ethiopia ET: GDP: Growth 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 percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 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.; ; 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 Per Capita for Ethiopia (PCAGDPETA646NWDB) from 1960 to 2023 about Ethiopia, per capita, and GDP.

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.

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.

Industry (including construction), value added (% of GDP) in Ethiopia was reported at 25.42 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - Industry, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

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.

The Gross Domestic Product per capita in Ethiopia was last recorded at 916.29 US dollars in 2024. The GDP per Capita in Ethiopia is equivalent to 7 percent of the world's average. This dataset provides the latest reported value for - Ethiopia GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP (current US$) in Ethiopia was reported at 163697927594 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

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.

Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Ethiopia (RGDPLPETA625NUPN) from 1950 to 2010 about Ethiopia, PPP, investment, per capita, consumption, government, GDP, and rate.

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 August of 2025.