Ethiopia GDP - Gross Domestic Product 2024

GDP Ethiopia 2024

GDP grows 7.6% in Ethiopia

Gross Domestic Product of Ethiopia grew 7.6% in 2024 compared to last year. This rate is 4 -tenths of one percent higher than the figure of 7.2% published in 2023.

The GDP figure in 2024 was €138,344$149,740 million, Ethiopia is number 62 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Ethiopia dropped €9,367$10,021 million with respect to 2023.

Here we show you the progression of the GDP in Ethiopia. You can see GDP in other countries in GDP and see all the economic information about Ethiopia in Ethiopia's economy.

Evolution: Annual GDP Ethiopia

Date	Annual GDP	Annual GDP	GDP Growth (%)
2024	€138,344M	$149,740M	7.6%
2023	€147,711M	$159,761M	7.2%
2022	€112,877M	$118,958M	6.4%
2021	€83,869M	$99,261M	6.3%
2020	€84,651M	$96,611M	6.1%
2019	€82,715M	$92,608M	9.0%
2018	€67,886M	$80,207M	7.7%
2017	€68,044M	$76,841M	10.2%
2016	€65,173M	$72,120M	8.0%
2015	€56,849M	$63,081M	10.4%
2014	€40,761M	$54,165M	10.3%
2013	€35,045M	$46,544M	9.9%
2012	€32,841M	$42,221M	8.7%
2011	€21,901M	$30,480M	11.4%
2010	€20,265M	$26,887M	10.6%
2009	€20,579M	$28,672M	10.0%
2008	€17,850M	$26,250M	11.2%
2007	€14,102M	$19,329M	11.8%
2006	€12,193M	$15,310M	11.5%
2005	€9,951M	$12,387M	12.6%
2004	€8,141M	$10,122M	11.7%
2003	€7,608M	$8,604M	-2.1%
2002	€8,284M	$7,828M	1.6%
2001	€9,047M	$8,103M	7.4%
2000	€8,839M	$8,167M	9.8%
1999	€7,044M	$7,515M	6.3%
1998		$7,815M	-4.2%
1997		$8,621M	2.8%
1996		$8,794M	13.5%
1995		$7,887M	6.1%
1994		$8,135M	3.5%
1993		$9,143M	13.4%
1992		$14,696M	-8.9%
1991		$13,928M	-7.2%
1990		$12,595M	2.6%
1989		$11,872M	-0.5%
1988		$11,285M	0.6%
1987		$10,890M	13.9%
1986		$10,188M	9.7%
1985		$9,808M	-11.4%
1984		$8,375M	-2.3%
1983		$8,863M	7.8%
1982		$7,973M	1.0%
1981		$7,578M	4.4%
1980		$7,385M	4.0%
1979		$6,586M	-1.1%
1978		$6,015M	2.7%
1977		$5,652M	2.7%
1976		$4,944M	0.1%
1975		$4,577M	1.2%
1974		$4,577M	3.3%
1973		$4,071M	5.1%
1972		$3,520M	4.2%
1971		$3,224M	6.5%
1970		$3,045M	3.5%
1969		$2,769M	1.4%
1968		$2,620M	4.1%
1967		$2,462M	4.1%
1966		$2,324M	7.3%
1965		$2,160M	5.8%
1964		$1,984M	4.1%
1963		$1,825M	4.5%
1962		$1,748M	4.3%
1961		$1,681M
1960		$1,611M

Evolution: GDP per capita Ethiopia

Date	GDP per capita	GDP per capita	GDP P.C. Annual Growth	GDP P.C. Annual Growth
2024	€1,075	$1,164	-6.3%	-6.3%
2023	€1,148	$1,241	5.8%	8.6%
2022	€1,084	$1,143	31.8%	17.3%
2021	€823	$974	-3.1%	0.5%
2020	€849	$969	0.2%	2.1%
2019	€847	$949	19.2%	13.0%
2018	€711	$840	-2.4%	2.1%
2017	€729	$823	1.9%	4.0%
2016	€715	$791	12.0%	11.7%
2015	€638	$708	36.2%	13.7%
2014	€469	$623	13.4%	13.4%
2013	€413	$549	4.1%	7.5%
2012	€397	$511	46.3%	35.2%
2011	€271	$378	5.6%	10.7%
2010	€257	$341	-4.0%	-8.6%
2009	€268	$373	12.4%	6.5%
2008	€238	$351	22.4%	31.4%
2007	€195	$267	11.8%	22.1%
2006	€174	$219	19.4%	20.5%
2005	€146	$181	19.1%	19.3%
2004	€122	$152	4.3%	14.7%
2003	€117	$133	-10.5%	7.1%
2002	€131	$124	-10.8%	-5.8%
2001	€147	$132	-0.2%	-3.3%
2000	€147	$136	22.2%	5.8%
1999	€121	$129		-6.4%
1998		$137		-11.8%
1997		$156		-4.7%
1996		$163		8.2%
1995		$151		-6.0%
1994		$161		-13.9%
1993		$187		-39.8%
1992		$310		2.0%
1991		$304		6.9%
1990		$285		2.6%
1989		$277		1.8%
1988		$272		0.3%
1987		$272		3.5%
1986		$262		0.6%
1985		$261		13.4%
1984		$230		-8.5%
1983		$251		7.8%
1982		$233		2.3%
1981		$228		0.2%
1980		$228		18.3%
1979		$192		7.9%
1978		$178		4.6%
1977		$170		12.1%
1976		$152		5.3%
1975		$144		-2.4%
1974		$148		9.6%
1973		$135		12.6%
1972		$120		6.3%
1971		$113		3.0%
1970		$109		7.0%
1969		$102		2.8%
1968		$99		3.5%
1967		$96		3.2%
1966		$93		4.8%
1965		$89		6.0%
1964		$84		5.9%
1963		$79		1.8%
1962		$78		1.4%
1961		$77		1.8%
1960		$75

Evolution: GDP growth rate at constant prices Ethiopia

Evolution: GDP per capita Ethiopia

GDP Ethiopia