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.

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.

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

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.

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 (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).

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 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.

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 August of 2025.

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 August of 2025.

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.

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.; ;

Ethiopia ET: GDP: Linked Series data was reported at 8,722,308.000 ETB mn in 2023. This records an increase from the previous number of 6,157,015.000 ETB mn for 2022. Ethiopia ET: GDP: Linked Series data is updated yearly, averaging 152,980.208 ETB mn from Jul 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 8,722,308.000 ETB mn in 2023 and a record low of 25,831.414 ETB mn in 1990. Ethiopia ET: GDP: Linked Series 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 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

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 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 ET: GDP: Growth: Final Consumption Expenditure data was reported at 1.823 % in 2017. This records a decrease from the previous number of 3.300 % for 2016. Ethiopia ET: GDP: Growth: Final Consumption Expenditure data is updated yearly, averaging 5.621 % from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 10.140 % in 2013 and a record low of 1.823 % in 2017. Ethiopia ET: GDP: Growth: Final Consumption Expenditure 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. Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

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