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.

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 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.

The gross domestic product (GDP) per capita in Ethiopia was estimated at 1,320.16 U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by 1,092.54 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 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 Real Gross Domestic Product for Ethiopia (ETHNGDPRPCPPPT) from 2000 to 2026 about Ethiopia, REO, real, GDP, and rate.

The Gross Domestic Product per capita in Ethiopia was last recorded at 2884.26 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Ethiopia, when adjusted by Purchasing Power Parity is equivalent to 16 percent of the world's average. This dataset provides - Ethiopia GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Ethiopia: GDP per capita, constant dollars: The latest value from 2024 is 916.29 U.S. dollars, an increase from 876.17 U.S. dollars in 2023. In comparison, the world average is 15841.40 U.S. dollars, based on data from 178 countries. Historically, the average for Ethiopia from 1961 to 2024 is 375.74 U.S. dollars. The minimum value, 216.29 U.S. dollars, was reached in 1992 while the maximum of 916.29 U.S. dollars was recorded in 2024.

Agriculture, forestry, and fishing, value added (% of GDP) in Ethiopia was reported at 34.87 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - Agriculture, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

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.

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.

Ethiopia: Government spending as percent of GDP: The latest value from 2024 is 5.53 percent, a decline from 6.32 percent in 2023. In comparison, the world average is 14.67 percent, based on data from 101 countries. Historically, the average for Ethiopia from 2011 to 2024 is 9.22 percent. The minimum value, 5.53 percent, was reached in 2024 while the maximum of 15.49 percent was recorded in 2017.

Ethiopia: GDP per capita, Purchasing Power Parity: The latest value from 2024 is 2884 U.S. dollars, an increase from 2758 U.S. dollars in 2023. In comparison, the world average is 27291 U.S. dollars, based on data from 177 countries. Historically, the average for Ethiopia from 1990 to 2024 is 1425 U.S. dollars. The minimum value, 681 U.S. dollars, was reached in 1992 while the maximum of 2884 U.S. dollars was recorded in 2024.

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

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.

Ethiopia: Exports of goods and services as percent of GDP: The latest value from 2024 is 5.55 percent, a decline from 6.6 percent in 2023. In comparison, the world average is 44.58 percent, based on data from 134 countries. Historically, the average for Ethiopia from 2011 to 2024 is 9.35 percent. The minimum value, 5.55 percent, was reached in 2024 while the maximum of 16.69 percent was recorded in 2011.

View yearly updates and historical trends for Ethiopia GDP Per Capita Outlook. Source: International Monetary Fund. Track economic data with YCharts analy…

In 2024, the ratio of government expenditure to GDP in Ethiopia was estimated at about 9.54 percent. Between 1980 and 2024, the figure dropped by approximately 3.96 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the ratio will rise by around 3.96 percentage points, showing an overall upward trend with periodic ups and downs.Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.

GDP deflator of Ethiopia plummeted by 22.41% from 32.9 % in 2023 to 25.5 % in 2024. Since the 59.29% surge in 2022, GDP deflator sank by 26.33% in 2024. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Ethiopia: Capital investment as percent of GDP: The latest value from 2024 is 20.5 percent, a decline from 22.17 percent in 2023. In comparison, the world average is 22.32 percent, based on data from 129 countries. Historically, the average for Ethiopia from 1981 to 2024 is 10.31 percent. The minimum value, 0 percent, was reached in 1981 while the maximum of 40.67 percent was recorded in 2015.

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.