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Ethiopia

Economy overviewAfrica

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GDP7.6%
Inflation21%
Unemploy.3.4%
Debt33.4%
Invest.20.6%
Fiscal-2% GDP
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GDP Growth
7.6%
2024 · World Bank WDI
GDP per capita
Output per person at market prices (current USD)
$1k
▶ CHART
GDP (PPP) per capita
Output per person adjusted for local purchasing power
$3k
▶ CHART
GDP 5Y avg growth
Average real GDP growth rate over the last 5 years
6.2%
▶ CHART
Nominal GDP
Total economic output in current US dollars (billions)
$149.7bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2024
7.6%
2023
6.6%
2022
5.3%
2021
5.6%
2020
6.1%
2019
8.4%
2018
6.8%
2017
9.6%
2016
9.4%
2015
10.4%
2014

Compare with peers

🇿🇦
South Africa
GDP: 0.5%
🇳🇬
Nigeria
GDP: 4.1%
🇪🇬
Egypt
GDP: 2.4%
🇰🇪
Kenya
GDP: 4.7%
🇬🇭
Ghana
GDP: 5.6%
🇹🇿
Tanzania
GDP: 5.5%