Ethiopia GDP Annual Growth Rate: 6.1% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Ethiopia is estimated to be $120 Billion US dollars at the end of 2024.

The economy of Ethiopia has grown at an average annual growth rate of 5.9% in the last four years and is ranked the 5th largest economy in Africa, ahead of Morocco.

World Economics Rates Ethiopia's Offical GDP Data as E

GDP Annual Growth Rate: Ethiopia


Source: World Bank, World Economics
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Economic Indicators: Ethiopia 2021 2022 2023 2024
GDP Annual Growth Rate (%) 5.6 5.3 6.5 6.1
GDP per Capita Annual Growth Rate (%) 2.9 2.6 3.8 4.6
Real GDP (US$ Billions, 2010) 100 106 113 120
Real GDP per Capita (US$, 2010) 822 844 875 916
Current GDP (Billions, US$) 111 127 164 174
Current GDP per Capita (US$) 911 1,011 1,272 1,331
Real GDP PPP (Billions, 2017) 316 334 358 380
Real GDP per Capita PPP (int$ 2017) 2,366 2,398 2,464 2,639
Data Quality Rating for Ethiopia See how much you can trust Ethiopia's GDP Data




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ETHIOPIA'S ECONOMICS
ETHIOPIA'S DEMOGRAPHY
ETHIOPIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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