Annual gdp growth in Ethiopia

Ethiopia: Annual gdp growth was 6.5 in 2023. β–¬ Flat

Latest (2023)
6.5
Change on year
up 22.2%
World rank
22nd
of 211 countries
All-time high
13.57
in 2004
All-time low
-2.16
in 2003
Years of data
24
2000–2023

Annual gdp growth in Ethiopia, 2000–2023

0510152000201120232000: 6.12001: 8.32002: 1.52003: -2.22004: 13.62005: 11.82006: 10.82007: 11.52008: 10.82009: 8.82010: 12.62011: 11.22012: 8.72013: 10.62014: 10.32015: 10.42016: 9.42017: 9.62018: 6.82019: 8.42020: 6.12021: 5.62022: 5.32023: 6.5

Source: Our World in Data.

Analysis

The most recent figure for annual gdp growth in Ethiopia is 6.5, measured in 2023.

That represents a change of up 22.2% on the previous year and down 38.6% over ten years.

Over the whole period, annual gdp growth in Ethiopia peaked at 13.57 in 2004 and was at its lowest, -2.16, in 2003.

Ethiopia ranks 22nd of 211 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.1 -2.16 13.57 10
2010s 9.78 6.82 12.55 10
2020s 5.88 5.32 6.5 4

Countries ranked near Ethiopia

  1. 19 Guinea 6.74 compare
  2. 20 Djibouti 6.68 compare
  3. 21 Mauritania 6.51 compare
  4. 23 Togo 6.41 compare
  5. 24 Benin 6.35 compare
  6. 25 Montenegro 6.34 compare

See the full ranking of 211 places β†’

More economy & growth data for Ethiopia

All data for Ethiopia β†’

Frequently asked questions

What is annual gdp growth in Ethiopia?
Annual gdp growth in Ethiopia was 6.5 in 2023, according to Our World in Data.
What is the highest annual gdp growth recorded in Ethiopia?
The highest recorded value was 13.57 in 2004.
What is the lowest annual gdp growth recorded in Ethiopia?
The lowest recorded value was -2.16 in 2003.
How does Ethiopia rank for annual gdp growth?
Ethiopia ranks 22nd out of 211 countries with data for 2023.
Is annual gdp growth rising or falling in Ethiopia?
Over the last ten years it is down 38.6%. The long-run trend across the full record is flat.
Where does this Ethiopia data come from?
The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Annual gdp growth
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 4,892 data points, 2000–2023
Last refreshed