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 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.

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.

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.

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).

Actual value and historical data chart for Ethiopia GDP Per Capita Ppp Constant 2005 International Dollar

Ethiopia ET: GDP: USD: per Capita data was reported at 767.563 USD in 2017. This records an increase from the previous number of 712.878 USD for 2016. Ethiopia ET: GDP: USD: per Capita data is updated yearly, averaging 223.787 USD from Jul 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 767.563 USD in 2017 and a record low of 111.363 USD in 2002. Ethiopia ET: GDP: USD: per Capita 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: Nominal. GDP per capita is gross domestic product divided by midyear population. 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. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Ethiopia ET: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 740.000 USD in 2017. This records an increase from the previous number of 660.000 USD for 2016. Ethiopia ET: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 220.000 USD from Jul 1983 (Median) to 2017, with 35 observations. The data reached an all-time high of 740.000 USD in 2017 and a record low of 110.000 USD in 2003. Ethiopia ET: GDP: USD: Gross National Income per Capita: Atlas Method 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: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI 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. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Ethiopia ET: GDP: USD: Gross Value Added at Factor Cost: Services data was reported at 27.678 USD bn in 2016. This records an increase from the previous number of 25.493 USD bn for 2015. Ethiopia ET: GDP: USD: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 3.656 USD bn from Jul 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 27.678 USD bn in 2016 and a record low of 2.254 USD bn in 1981. Ethiopia ET: GDP: USD: Gross Value Added at Factor Cost: 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: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.

Monthly and long-term Ethiopia GDP Per Capita data: historical series and analyst forecasts curated by FocusEconomics.

GDP, PPP (current international $) in Ethiopia was reported at 432956582273 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - GDP, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Ethiopia ET: GDP: USD: Final Consumption Expenditure: Include Discrepancy data was reported at 57.853 USD bn in 2016. This records an increase from the previous number of 51.738 USD bn for 2015. Ethiopia ET: GDP: USD: Final Consumption Expenditure: Include Discrepancy data is updated yearly, averaging 41.732 USD bn from Jul 2011 (Median) to 2016, with 6 observations. The data reached an all-time high of 57.853 USD bn in 2016 and a record low of 26.441 USD bn in 2011. Ethiopia ET: GDP: USD: Final Consumption Expenditure: Include Discrepancy 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: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

GDP based on PPP of Ethiopia surged by 9.91% from 393,913,047,367 international dollars in 2023 to 432,956,582,273 international dollars in 2024. Since the 21.72% surge in 2014, GDP based on PPP soared by 188.41% in 2024. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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. Data are in current international dollars.

Actual value and historical data chart for Ethiopia GDP Us Dollar

Ethiopia ET: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data was reported at 40.068 USD bn in 2023. This records an increase from the previous number of 28.800 USD bn for 2022. Ethiopia ET: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data is updated yearly, averaging 1.159 USD bn from Jul 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 40.068 USD bn in 2023 and a record low of 566.946 USD mn in 1994. Ethiopia ET: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) 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: Nominal. Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). 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 4. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.

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.

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.

Ethiopia GDP: PPP: 2021 Price data was reported at 354,604.436 Intl $ mn in 2023. This records an increase from the previous number of 332,967.744 Intl $ mn for 2022. Ethiopia GDP: PPP: 2021 Price data is updated yearly, averaging 87,436.292 Intl $ mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 354,604.436 Intl $ mn in 2023 and a record low of 35,303.832 Intl $ mn in 1992. Ethiopia GDP: PPP: 2021 Price 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: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country 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. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;

Actual value and historical data chart for Ethiopia GDP Per Capita Constant 2000 Us Dollar

Ethiopia ET: GDP: USD: Final Consumption Expenditure: Household data was reported at 51.174 USD bn in 2017. This records an increase from the previous number of 48.419 USD bn for 2016. Ethiopia ET: GDP: USD: Final Consumption Expenditure: Household data is updated yearly, averaging 39.048 USD bn from Jul 2011 (Median) to 2017, with 7 observations. The data reached an all-time high of 51.174 USD bn in 2017 and a record low of 23.144 USD bn in 2011. Ethiopia ET: GDP: USD: Final Consumption Expenditure: Household 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: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;