Annual GDP growth in Ethiopia
Ethiopia: Annual GDP growth was 7.6% in 2024. ▬ Flat
Latest (2024)
7.6%
Change on year
up 15.4%
World rank
10th
of 196 countries
All-time high
13.6%
in 2004
All-time low
-2.2%
in 2003
Years of data
25
2000–2024
Annual GDP growth in Ethiopia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual gdp growth in Ethiopia stood at 7.6%.
That represents a change of up 15.4% on the previous year and down 25.8% over ten years.
Over the whole period, annual gdp growth in Ethiopia peaked at 13.6% in 2004 and was at its lowest, -2.2%, in 2003.
That places Ethiopia 10th out of 196 countries with data for 2024, putting it in the top 10%.
Annual GDP growth in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.1% | — |
| 2001 | 8.3% | +36.7% |
| 2002 | 1.5% | -81.8% |
| 2003 | -2.2% | -242.7% |
| 2004 | 13.6% | -728.0% |
| 2005 | 11.8% | -12.9% |
| 2006 | 10.8% | -8.3% |
| 2007 | 11.5% | +5.7% |
| 2008 | 10.8% | -5.8% |
| 2009 | 8.8% | -18.4% |
| 2010 | 12.6% | +42.6% |
| 2011 | 11.2% | -10.9% |
| 2012 | 8.6% | -22.6% |
| 2013 | 10.6% | +22.4% |
| 2014 | 10.3% | -3.1% |
| 2015 | 10.4% | +1.3% |
| 2016 | 9.4% | -9.2% |
| 2017 | 9.6% | +1.4% |
| 2018 | 6.8% | -28.7% |
| 2019 | 8.4% | +22.7% |
| 2020 | 6.1% | -27.6% |
| 2021 | 5.6% | -6.9% |
| 2022 | 5.3% | -5.7% |
| 2023 | 6.6% | +23.9% |
| 2024 | 7.6% | +15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.1% | -2.2% | 13.6% | 10 |
| 2010s | 9.8% | 6.8% | 12.6% | 10 |
| 2020s | 6.2% | 5.3% | 7.6% | 5 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Gross domestic savings (current US$), annual growth rate -21.69 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1323 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 123.38 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 18.87 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 15.8 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 14,738 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 3.51 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.19 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 1,112 current US$ per person (2025)
- GNI (current US$), annual growth rate -15.63 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Ethiopia?
- Annual gdp growth in Ethiopia was 7.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Ethiopia?
- The highest recorded value was 13.6% in 2004.
- What is the lowest annual gdp growth recorded in Ethiopia?
- The lowest recorded value was -2.2% in 2003.
- How does Ethiopia rank for annual gdp growth?
- Ethiopia ranks 10th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Ethiopia?
- Over the last ten years it is down 25.8%. The long-run trend across the full record is flat.
- Where does this Ethiopia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).