The gross domestic product (GDP) in current prices in Ethiopia was forecast to continuously increase between 2024 and 2029 by in total 56.6 billion U.S. dollars (+39.03 percent). After the fourth consecutive increasing year, the GDP is estimated to reach 201.58 billion U.S. dollars and therefore a new peak in 2029. The gross domestic product at current prices is defined 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.Find more key insights for the gross domestic product (GDP) in current prices in countries like Mauritius, Malawi, and Zambia.
The gross domestic product (GDP) per capita in Ethiopia was forecast to continuously increase between 2024 and 2029 by in total 383.3 U.S. dollars (+28.38 percent). After the fourth consecutive increasing year, the GDP per capita is estimated to reach 1,733.72 U.S. dollars and therefore a new peak in 2029. 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 prices and then divided by the total population. The gross domestic products 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).Find more key insights for the gross domestic product (GDP) per capita in countries like Madagascar, Zambia, and Rwanda.
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The gross domestic product (GDP) in current prices in Ethiopia was forecast to continuously increase between 2024 and 2029 by in total 56.6 billion U.S. dollars (+39.03 percent). After the fourth consecutive increasing year, the GDP is estimated to reach 201.58 billion U.S. dollars and therefore a new peak in 2029. The gross domestic product at current prices is defined 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.Find more key insights for the gross domestic product (GDP) in current prices in countries like Mauritius, Malawi, and Zambia.