Ethiopia Economic Growth 1960-2024

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. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Ethiopia economic growth for 2022 was $126.78B, a 13.95% increase from 2021.
  • Ethiopia economic growth for 2021 was $111.26B, a 3.35% increase from 2020.
  • Ethiopia economic growth for 2020 was $107.66B, a 12.25% increase from 2019.
  • Ethiopia economic growth for 2019 was $95.91B, a 13.82% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Ethiopia $126.78B
Tanzania $75.73B
Democratic Republic of Congo $64.72B
Uganda $45.57B
Nepal $40.83B
Senegal $27.68B
Zimbabwe $27.37B
Guinea $21.00B
Haiti $20.25B
Mali $18.83B
Burkina Faso $18.82B
Mozambique $18.41B
Benin $17.40B
Niger $15.34B
Madagascar $15.30B
Rwanda $13.31B
Malawi $13.16B
Chad $12.70B
Tajikistan $10.49B
Somalia $10.42B
Togo $8.34B
Sierra Leone $4.09B
Liberia $4.00B
Burundi $3.34B
Central African Republic $2.38B
Gambia $2.19B
Guinea-Bissau $1.63B
Comoros $1.24B
South Sudan $0.00B
Afghanistan $0.00B
Yemen $0.00B
Eritrea $0.00B
North Korea $0.00B
Syrian Arab Republic $0.00B
Ethiopia Economic Growth - Historical Data
Year GDP Per Capita Growth Rate
2022 $126.78B $1,028 5.32%
2021 $111.26B $925 5.64%
2020 $107.66B $919 6.06%
2019 $95.91B $840 8.36%
2018 $84.27B $758 6.82%
2017 $81.77B $756 9.56%
2016 $74.30B $706 9.43%
2015 $64.59B $630 10.39%
2014 $55.61B $558 10.26%
2013 $47.65B $491 10.58%
2012 $43.31B $459 8.65%
2011 $31.95B $348 11.18%
2010 $29.93B $335 12.55%
2009 $32.44B $374 8.80%
2008 $27.07B $321 10.79%
2007 $19.71B $240 11.46%
2006 $15.28B $192 10.83%
2005 $12.40B $160 11.82%
2004 $10.13B $135 13.57%
2003 $8.62B $118 -2.16%
2002 $7.85B $110 1.51%
2001 $8.23B $119 8.30%
2000 $8.24B $123 6.07%
1999 $7.70B $118 5.16%
1998 $7.82B $124 -3.46%
1997 $8.59B $140 3.13%
1996 $8.55B $144 12.43%
1995 $7.66B $133 6.13%
1994 $6.93B $125 3.19%
1993 $8.83B $164 13.14%
1992 $10.49B $202 -8.67%
1991 $13.46B $270 -7.14%
1990 $12.18B $254 2.73%
1989 $11.48B $248 -0.36%
1988 $10.91B $245 0.50%
1987 $10.53B $246 13.86%
1986 $9.85B $238 9.66%
1985 $9.48B $235 -11.14%
1984 $8.10B $207 -2.85%
1983 $8.57B $224 8.24%
1982 $7.71B $207 0.92%
1981 $7.32B $204 0.00%
1980 $B $0 0.00%
1979 $B $0 0.00%
1978 $B $0 0.00%
1977 $B $0 0.00%
1976 $B $0 0.00%
1975 $B $0 0.00%
1974 $B $0 0.00%
1973 $B $0 0.00%
1972 $B $0 0.00%
1971 $B $0 0.00%
1970 $B $0 0.00%
1969 $B $0 0.00%
1968 $B $0 0.00%
1967 $B $0 0.00%
1966 $B $0 0.00%
1965 $B $0 0.00%
1964 $B $0 0.00%
1963 $B $0 0.00%
1962 $B $0 0.00%
1961 $B $0 0.00%
1960 $B $0 0.00%