Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Ethiopia
Ethiopia: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 7.01 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Ethiopia, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
In 2029, africa's development dynamics (afdd) table 02 - annual real gdp in Ethiopia stood at 7.01 Percent per annum.
The figure is up 0.4% on the previous year and down 22.4% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Ethiopia peaked at 13.53 Percent per annum in 1996 and was at its lowest, -8.91 Percent per annum, in 1992.
That places Ethiopia 1st out of 28 countries with data for 2029, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Ethiopia, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 2.6 Percent per annum | — |
| 1991 | -7.22 Percent per annum | -377.4% |
| 1992 | -8.91 Percent per annum | +23.4% |
| 1993 | 13.36 Percent per annum | -250.0% |
| 1994 | 3.49 Percent per annum | -73.9% |
| 1995 | 6.12 Percent per annum | +75.6% |
| 1996 | 13.53 Percent per annum | +121.1% |
| 1997 | 2.84 Percent per annum | -79.0% |
| 1998 | -4.19 Percent per annum | -247.3% |
| 1999 | 6.29 Percent per annum | -250.4% |
| 2000 | 9.84 Percent per annum | +56.3% |
| 2001 | 7.4 Percent per annum | -24.8% |
| 2002 | 1.6 Percent per annum | -78.4% |
| 2003 | -2.1 Percent per annum | -231.2% |
| 2004 | 11.7 Percent per annum | -657.1% |
| 2005 | 12.6 Percent per annum | +7.7% |
| 2006 | 11.5 Percent per annum | -8.7% |
| 2007 | 11.8 Percent per annum | +2.6% |
| 2008 | 11.2 Percent per annum | -5.1% |
| 2009 | 10 Percent per annum | -10.7% |
| 2010 | 10.6 Percent per annum | +6.0% |
| 2011 | 11.4 Percent per annum | +7.5% |
| 2012 | 8.7 Percent per annum | -23.7% |
| 2013 | 9.9 Percent per annum | +13.8% |
| 2014 | 10.3 Percent per annum | +4.0% |
| 2015 | 10.4 Percent per annum | +1.0% |
| 2016 | 8 Percent per annum | -23.1% |
| 2017 | 10.21 Percent per annum | +27.6% |
| 2018 | 7.7 Percent per annum | -24.6% |
| 2019 | 9.04 Percent per annum | +17.3% |
| 2020 | 6.06 Percent per annum | -33.0% |
| 2021 | 6.27 Percent per annum | +3.4% |
| 2022 | 6.36 Percent per annum | +1.5% |
| 2023 | 7.18 Percent per annum | +12.9% |
| 2024 | 6.23 Percent per annum | -13.1% |
| 2025 | 6.49 Percent per annum | +4.1% |
| 2026 | 6.69 Percent per annum | +3.1% |
| 2027 | 6.79 Percent per annum | +1.5% |
| 2028 | 6.99 Percent per annum | +2.9% |
| 2029 | 7.01 Percent per annum | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.79 Percent per annum | -8.91 Percent per annum | 13.53 Percent per annum | 10 |
| 2000s | 8.55 Percent per annum | -2.1 Percent per annum | 12.6 Percent per annum | 10 |
| 2010s | 9.62 Percent per annum | 7.7 Percent per annum | 11.4 Percent per annum | 10 |
| 2020s | 6.61 Percent per annum | 6.06 Percent per annum | 7.18 Percent per annum | 10 |
Countries ranked near Ethiopia
- 1 Guyana 11.93 Percent per annum compare
- 1 Viet Nam 6.5 Percent per annum compare
- 2 Mozambique 8.46 Percent per annum compare
- 3 Rwanda 7.3 Percent per annum compare
- 4 Bangladesh 7 Percent per annum compare
More economy & growth data for Ethiopia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.6 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 11.18 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0164 Index (2024)
- Index of digital trade integration and openness 0.0286 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0122 Index (2024)
- Balanced trade in services 3.21 US dollars, exchange rate converted (2024)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 15.61 Percentage of GDP (2022)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Ethiopia?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Ethiopia was 7.01 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Ethiopia?
- The highest recorded value was 13.53 Percent per annum in 1996.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Ethiopia?
- The lowest recorded value was -8.91 Percent per annum in 1992.
- How does Ethiopia rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Ethiopia ranks 1st out of 28 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Ethiopia?
- Over the last ten years it is down 22.4%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.