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.

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

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) 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).

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

Graph and download economic data for Real Gross Domestic Product for Ethiopia (ETHNGDPRPCPPPT) from 2000 to 2026 about Ethiopia, REO, real, GDP, and rate.

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.

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.

Graph and download economic data for Real GDP Per Capita for Ethiopia (ETHNGDPRPCPCPPPT) from 2000 to 2026 about Ethiopia, REO, per capita, real, GDP, and rate.

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 July of 2025.

Graph and download economic data for Constant GDP per capita for Ethiopia (NYGDPPCAPKDETH) from 1961 to 2024 about Ethiopia, per capita, real, and GDP.

Ethiopia ET: GDP: Real: Gross National Income data was reported at 1,688,989.406 ETB mn in 2017. This records an increase from the previous number of 1,536,155.204 ETB mn for 2016. Ethiopia ET: GDP: Real: Gross National Income data is updated yearly, averaging 1,294,562.227 ETB mn from Jul 2011 (Median) to 2017, with 7 observations. The data reached an all-time high of 1,688,989.406 ETB mn in 2017 and a record low of 977,830.591 ETB mn in 2011. Ethiopia ET: GDP: Real: Gross National Income 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: Real. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

In 2023, the ratio of military expenditure to gross domestic product (GDP) in Ethiopia decreased by 0.1 percentage points (-11.49 percent) compared to 2022. This was the first time during the observed period that the ratio declined in Ethiopia. Nevertheless, the last two years recorded a significantly higher ratio than the preceding years.Military expenditure figures refer to the amount of money spent on a country's armed forces, including peacekeeping and defense operations, among others. When comparing international figures, there may be some inconsistencies depending on what respective countries consider as military spending.Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Seychelles and Madagascar.

Ethiopia ET: GDP: % of GDP: Exports of Goods and Services data was reported at 7.738 % in 2017. This records a decrease from the previous number of 7.948 % for 2016. Ethiopia ET: GDP: % of GDP: Exports of Goods and Services data is updated yearly, averaging 11.642 % from Jul 2011 (Median) to 2017, with 7 observations. The data reached an all-time high of 16.687 % in 2011 and a record low of 7.738 % in 2017. Ethiopia ET: GDP: % of GDP: Exports of Goods and Services 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: Share of GDP. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Ethiopia: Value added in the agricultural sector as percent of GDP: The latest value from 2023 is 35.79 percent, a decline from 37.64 percent in 2022. In comparison, the world average is 9.91 percent, based on data from 166 countries. Historically, the average for Ethiopia from 1981 to 2023 is 44.5 percent. The minimum value, 31.22 percent, was reached in 2018 while the maximum of 62.28 percent was recorded in 1992.

Ethiopia: Percent of world GDP: The latest value from 2022 is 0.13 percent, an increase from 0.11 percent in 2021. In comparison, the world average is 0.52 percent, based on data from 191 countries. Historically, the average for Ethiopia from 1980 to 2022 is 0.06 percent. The minimum value, 0.02 percent, was reached in 1999 while the maximum of 0.13 percent was recorded in 2020.

Under current climate policies, Ethiopia would face a GDP loss of ** percent by 2050 and a shrinkage of over ** percent by 2100 due to climate change. According to the source's estimates, in a scenario of limiting temperatures to *** degrees Celsius, the damage to Ethiopia's economy would stand at a GDP reduction of **** percent by 2050 and ** percent by 2100. The estimates did not consider potential adaptation measures to alleviate the economic loss.

Graph and download economic data for Real Non-Oil GDP for Ethiopia (ETHNGDPXORPCPPPT) from 2000 to 2026 about non-oil, Ethiopia, REO, real, GDP, and rate.