Annual GDP growth (%) in Ethiopia
Ethiopia: Annual GDP growth (%) was 7.6% in 2024. ▬ Flat
Annual GDP growth in Ethiopia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
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 230 countries with data for 2024, putting it in the top 10%.
Annual GDP growth (%) in Ethiopia, year by year
| Year | % | 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% |
Ethiopia compared with similar countries
- Ethiopia's 7.6% is above the median for low income countries, which is 4.1%, 1.8× the median. (23 countries reporting)
- Ethiopia's 7.6% is above the median for Sub-Saharan Africa, which is 4.1%, 1.9× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +728.0% | -2.2% | 13.6% |
| 2003 | -242.7% | 1.5% | -2.2% |
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
- Real gdp growth, annual growth rate 13.66 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 4.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0318 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.4608 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0232 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -16.34 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 3.57 units per person (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 230 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.
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