Ethiopia Economy Statistics
Federal Democratic Republic of Ethiopia · Africa · Eastern Africa · Capital: Addis Ababa
Key Indicators
GDP (Current USD)
$149.74B
GDP Per Capita (USD)
$1,133.883
GDP Growth Rate (%)
7.6%
Inflation Rate (%)
21.0%
Unemployment Rate (%)
3.3%
Government Debt (% of GDP)
31.4%
Foreign Direct Investment (USD)
$4.02B
Exports (% of GDP)
5.5%
Historical Trends
GDP (Current USD)
GDP Per Capita (USD)
GDP Growth Rate (%)
Inflation Rate (%)
Complete Data
GDP (Current USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $149.74B | +10.2% |
| 2023 | $135.87B | +10.3% |
| 2022 | $123.14B | +12.9% |
| 2021 | $109.07B | +10.5% |
| 2020 | $98.68B | +7.5% |
| 2019 | $91.83B | +10.2% |
| 2018 | $83.34B | +9.1% |
| 2017 | $76.37B | +11.5% |
| 2016 | $68.48B | +10.3% |
| 2015 | $62.10B | +11.7% |
| 2014 | $55.61B | +16.7% |
| 2013 | $47.65B | +10.0% |
| 2012 | $43.31B | +35.5% |
| 2011 | $31.95B | +6.7% |
| 2010 | $29.93B | -7.7% |
| 2009 | $32.44B | +19.8% |
| 2008 | $27.07B | +37.3% |
| 2007 | $19.71B | +29.0% |
| 2006 | $15.28B | +23.2% |
| 2005 | $12.40B | — |
GDP Per Capita (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $1,133.883 | +7.4% |
| 2023 | $1,055.811 | +7.5% |
| 2022 | $982.103 | +10.0% |
| 2021 | $893.01 | +7.6% |
| 2020 | $829.791 | +4.6% |
| 2019 | $793.473 | +7.3% |
| 2018 | $739.702 | +6.2% |
| 2017 | $696.348 | +8.5% |
| 2016 | $641.652 | +7.3% |
| 2015 | $597.912 | +8.7% |
| 2014 | $549.987 | +13.6% |
| 2013 | $484.04 | +7.1% |
| 2012 | $452.101 | +31.8% |
| 2011 | $343.025 | +3.8% |
| 2010 | $330.619 | -10.3% |
| 2009 | $368.575 | +16.5% |
| 2008 | $316.411 | +33.4% |
| 2007 | $237.146 | +25.2% |
| 2006 | $189.346 | +19.7% |
| 2005 | $158.244 | — |
GDP Growth Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | 7.61% | +15.4% |
| 2023 | 6.59% | +23.9% |
| 2022 | 5.32% | -5.7% |
| 2021 | 5.64% | -6.9% |
| 2020 | 6.06% | -27.6% |
| 2019 | 8.36% | +22.7% |
| 2018 | 6.82% | -28.7% |
| 2017 | 9.56% | +1.4% |
| 2016 | 9.43% | -9.2% |
| 2015 | 10.39% | +1.3% |
| 2014 | 10.26% | -3.1% |
| 2013 | 10.58% | +22.4% |
| 2012 | 8.65% | -22.6% |
| 2011 | 11.18% | -10.9% |
| 2010 | 12.55% | +42.6% |
| 2009 | 8.80% | -18.4% |
| 2008 | 10.79% | -5.8% |
| 2007 | 11.46% | +5.7% |
| 2006 | 10.83% | -8.3% |
| 2005 | 11.82% | — |
Inflation Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | 21.04% | -30.4% |
| 2023 | 30.22% | -10.8% |
| 2022 | 33.89% | +26.3% |
| 2021 | 26.84% | +31.8% |
| 2020 | 20.36% | +28.8% |
| 2019 | 15.81% | +14.3% |
| 2018 | 13.83% | +29.4% |
| 2017 | 10.69% | +61.2% |
| 2016 | 6.63% | -30.7% |
| 2015 | 9.57% | +38.9% |
| 2014 | 6.89% | -7.7% |
| 2013 | 7.46% | -68.4% |
| 2012 | 23.60% | -29.0% |
| 2011 | 33.25% | +308.0% |
| 2010 | 8.15% | -3.9% |
| 2009 | 8.48% | -80.9% |
| 2008 | 44.36% | +157.3% |
| 2007 | 17.24% | +40.2% |
| 2006 | 12.30% | +23.4% |
| 2005 | 9.97% | — |
Unemployment Rate (%)
| Year | Value | Change |
|---|---|---|
| 2025 | 3.32% | -1.0% |
| 2024 | 3.36% | -0.5% |
| 2023 | 3.38% | -0.3% |
| 2022 | 3.39% | -14.0% |
| 2021 | 3.94% | -1.6% |
| 2020 | 4.00% | +36.5% |
| 2019 | 2.93% | +4.2% |
| 2018 | 2.81% | +5.5% |
| 2017 | 2.67% | +4.3% |
| 2016 | 2.56% | +4.7% |
| 2015 | 2.44% | +3.4% |
| 2014 | 2.36% | +4.9% |
| 2013 | 2.25% | -0.0% |
| 2012 | 2.25% | -0.8% |
| 2011 | 2.27% | -1.1% |
| 2010 | 2.29% | -1.3% |
| 2009 | 2.33% | +0.0% |
| 2008 | 2.33% | -0.5% |
| 2007 | 2.34% | +0.0% |
| 2006 | 2.34% | — |
Government Debt (% of GDP)
| Year | Value | Change |
|---|---|---|
| 2019 | 31.45% | -3.3% |
| 2018 | 32.53% | +8.1% |
| 2017 | 30.10% | +3.8% |
| 2016 | 29.01% | +3.8% |
| 2015 | 27.94% | +3.7% |
| 2014 | 26.94% | +151.0% |
| 2013 | 10.73% | — |
Foreign Direct Investment (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $4.02B | +23.3% |
| 2023 | $3.26B | -11.1% |
| 2022 | $3.67B | -13.8% |
| 2021 | $4.26B | +77.8% |
| 2020 | $2.40B | -6.0% |
| 2019 | $2.55B | -24.2% |
| 2018 | $3.36B | -16.3% |
| 2017 | $4.02B | -3.0% |
| 2016 | $4.14B | +57.7% |
| 2015 | $2.63B | +41.6% |
| 2014 | $1.86B | +38.0% |
| 2013 | $1.34B | +382.4% |
| 2012 | $278.56M | -55.7% |
| 2011 | $628.62M | +118.1% |
| 2010 | $288.27M | +30.2% |
| 2009 | $221.46M | +104.0% |
| 2008 | $108.54M | -51.1% |
| 2007 | $222.00M | -59.3% |
| 2006 | $545.26M | +105.7% |
| 2005 | $265.11M | — |
Exports (% of GDP)
| Year | Value | Change |
|---|---|---|
| 2024 | 5.54% | -16.0% |
| 2023 | 6.60% | -20.0% |
| 2022 | 8.24% | +8.0% |
| 2021 | 7.63% | +7.1% |
| 2020 | 7.13% | -10.2% |
| 2019 | 7.94% | -5.2% |
| 2018 | 8.37% | +9.7% |
| 2017 | 7.63% | -2.3% |
| 2016 | 7.81% | -16.6% |
| 2015 | 9.36% | -19.6% |
| 2014 | 11.64% | -6.7% |
| 2013 | 12.48% | -9.3% |
| 2012 | 13.77% | -17.5% |
| 2011 | 16.69% | — |
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About Ethiopia Economy Data
This page presents comprehensive economy statistics for Ethiopia (Federal Democratic Republic of Ethiopia), located in Africa, Eastern Africa. All data is sourced from the World Bank's Open Data platform, which aggregates data from officially-recognized international sources.
The data covers 8 key indicators with historical trends going back to 2000. Each indicator includes the latest available value, year-over-year trends, and time series for in-depth analysis. Data is updated weekly from the World Bank API.
For global comparisons, visit our Economy Rankings page to see how Ethiopia compares to other countries.