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).
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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.
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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.
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Graph and download economic data for Constant GDP per capita for Ethiopia (NYGDPPCAPKDETH) from 1961 to 2024 about Ethiopia, per capita, real, and GDP.
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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.
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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.
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GDP per capita, PPP (current international $) in Ethiopia was reported at 3278 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
Real GDP per capita based on PPP of Ethiopia climb by 4.58% from 2,758 international dollars in 2023 to 2,884 international dollars in 2024. Since the 7.34% jump in 2014, real GDP per capita based on PPP rocketed by 58.35% in 2024. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
The gross domestic product (GDP) in current prices in Ethiopia was estimated at about 143.12 billion U.S. dollars in 2024. From 1980 to 2024, the GDP rose by approximately 135.73 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP will rise by around 89.70 billion U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
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GDP per capita (current US$) in Ethiopia was reported at 1272 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
Real GDP per capita (LCU) of Ethiopia rose by 4.58% from 19,438 LCU in 2023 to 20,328 LCU in 2024. Since the 7.34% jump in 2014, real GDP per capita (LCU) soared by 58.35% in 2024. 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.
Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2024. The value amounted to 21,630 U.S. dollars. Mauritius followed with around 12,330 U.S. dollars, whereas Gabon registered 8,840 U.S. dollars. GDP per capita is calculated by dividing a country’s GDP by its population, meaning that some of the largest economies are not ranked within the leading ten.
Impact of COVID-19 on North Africa’s GDP
When looking at the GDP growth rate in Africa in 2024, Libya had the largest estimated growth in Northern Africa, a value of 7.8 percent compared to the previous year. Niger and Senegal were at the top of the list with rates of 10.4 percent and 8.3 percent, respectively. During the COVID-19 pandemic, the impact on the economy was severe. The growth of the North African real GDP was estimated at minus 1.1 percent in 2020. However, estimations for 2022 looked much brighter, as it was set that the region would see a GDP growth of six percent, compared to four percent in 2021.
Contribution of Tourism
Various countries in Africa are dependent on tourism, contributing to the economy. In 2023, travel and tourism were estimated to contribute 182.6 billion U.S. dollars, a clear increase from 96.5 in 2020 following COVID-19. As of 2024, South Africa, Mauritius, and Egypt led tourism in the continent according to the Travel & Tourism Development Index.
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Historical chart and dataset showing Ethiopia GDP by year from 1960 to 2023.
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GDP per capita (constant 2015 US$) in Ethiopia was reported at 916 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
20,328 (LCU) in 2024. 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.
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GDP per capita (current LCU) in Ethiopia was reported at 88991 LCU in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - GDP per capita (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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GDP per capita, PPP (constant 2017 international $) in Ethiopia was reported at 2884 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ethiopia - GDP per capita, PPP (constant 2005 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
As of April 2025, South Africa's GDP was estimated at over 410 billion U.S. dollars, the highest in Africa. Egypt followed, with a GDP worth around 347 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with nearly 269 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.
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<ul style='margin-top:20px;'>
<li>Ethiopia GNP for 2022 was <strong>126.13 billion US dollars</strong>, a <strong>11.05% increase</strong> from 2021.</li>
<li>Ethiopia GNP for 2021 was <strong>113.58 billion US dollars</strong>, a <strong>10.65% increase</strong> from 2020.</li>
<li>Ethiopia GNP for 2020 was <strong>102.64 billion US dollars</strong>, a <strong>8.08% increase</strong> from 2019.</li>
</ul>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 current U.S. dollars. 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.
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Éthiopie: GDP per capita, Purchasing Power Parity: Pour cet indicateur, La Banque mondiale fournit des données pour la Éthiopie de 1990 à 2024. La valeur moyenne pour Éthiopie pendant cette période était de 1425 U.S. dollars avec un minimum de 681 U.S. dollars en 1992 et un maximum de 2884 U.S. dollars en 2024.
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).