Gross domestic product (GDP) in Ethiopia
Ethiopia: Gross domestic product (GDP) was 269.98 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
269.98 billion international-$ in 2011 prices
Change on year
up 7.2%
World rank
60th
of 166 countries
All-time high
269.98 billion international-$ in 2011 prices
in 2022
All-time low
12.82 billion international-$ in 2011 prices
in 1950
Years of data
73
1950–2022
Gross domestic product (GDP) in Ethiopia, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Ethiopia is 269.98 billion international-$ in 2011 prices, measured in 2022. That is the highest value across all 73 years on record.
That represents a change of up 7.2% on the previous year and up 132.0% over ten years.
Over the whole period, gross domestic product (gdp) in Ethiopia peaked at 269.98 billion international-$ in 2011 prices in 2022 and was at its lowest, 12.82 billion international-$ in 2011 prices, in 1950.
Ethiopia ranks 60th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Ethiopia, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1950 | 12.82 billion international-$ in 2011 prices | — |
| 1951 | 13.19 billion international-$ in 2011 prices | +3.0% |
| 1952 | 13.54 billion international-$ in 2011 prices | +2.6% |
| 1953 | 14.34 billion international-$ in 2011 prices | +5.9% |
| 1954 | 14.32 billion international-$ in 2011 prices | -0.1% |
| 1955 | 15.10 billion international-$ in 2011 prices | +5.4% |
| 1956 | 15.58 billion international-$ in 2011 prices | +3.2% |
| 1957 | 15.47 billion international-$ in 2011 prices | -0.7% |
| 1958 | 15.97 billion international-$ in 2011 prices | +3.3% |
| 1959 | 16.45 billion international-$ in 2011 prices | +3.0% |
| 1960 | 17.26 billion international-$ in 2011 prices | +4.9% |
| 1961 | 18.13 billion international-$ in 2011 prices | +5.0% |
| 1962 | 18.84 billion international-$ in 2011 prices | +4.0% |
| 1963 | 21.37 billion international-$ in 2011 prices | +13.4% |
| 1964 | 22.39 billion international-$ in 2011 prices | +4.8% |
| 1965 | 23.72 billion international-$ in 2011 prices | +6.0% |
| 1966 | 24.66 billion international-$ in 2011 prices | +4.0% |
| 1967 | 25.71 billion international-$ in 2011 prices | +4.2% |
| 1968 | 26.11 billion international-$ in 2011 prices | +1.6% |
| 1969 | 27.12 billion international-$ in 2011 prices | +3.9% |
| 1970 | 28.63 billion international-$ in 2011 prices | +5.6% |
| 1971 | 29.87 billion international-$ in 2011 prices | +4.3% |
| 1972 | 31.39 billion international-$ in 2011 prices | +5.1% |
| 1973 | 32.39 billion international-$ in 2011 prices | +3.2% |
| 1974 | 32.79 billion international-$ in 2011 prices | +1.2% |
| 1975 | 32.86 billion international-$ in 2011 prices | +0.2% |
| 1976 | 33.76 billion international-$ in 2011 prices | +2.7% |
| 1977 | 34.64 billion international-$ in 2011 prices | +2.6% |
| 1978 | 34.32 billion international-$ in 2011 prices | -0.9% |
| 1979 | 36.46 billion international-$ in 2011 prices | +6.2% |
| 1980 | 38.08 billion international-$ in 2011 prices | +4.4% |
| 1981 | 38.89 billion international-$ in 2011 prices | +2.1% |
| 1982 | 39.48 billion international-$ in 2011 prices | +1.5% |
| 1983 | 41.46 billion international-$ in 2011 prices | +5.0% |
| 1984 | 40.64 billion international-$ in 2011 prices | -2.0% |
| 1985 | 37.96 billion international-$ in 2011 prices | -6.6% |
| 1986 | 40.40 billion international-$ in 2011 prices | +6.4% |
| 1987 | 44.20 billion international-$ in 2011 prices | +9.4% |
| 1988 | 45.04 billion international-$ in 2011 prices | +1.9% |
| 1989 | 45.76 billion international-$ in 2011 prices | +1.6% |
| 1990 | 45.03 billion international-$ in 2011 prices | -1.6% |
| 1991 | 41.45 billion international-$ in 2011 prices | -8.0% |
| 1992 | 37.46 billion international-$ in 2011 prices | -9.6% |
| 1993 | 37.87 billion international-$ in 2011 prices | +1.1% |
| 1994 | 40.71 billion international-$ in 2011 prices | +7.5% |
| 1995 | 42.63 billion international-$ in 2011 prices | +4.7% |
| 1996 | 46.13 billion international-$ in 2011 prices | +8.2% |
| 1997 | 49.28 billion international-$ in 2011 prices | +6.8% |
| 1998 | 48.73 billion international-$ in 2011 prices | -1.1% |
| 1999 | 48.44 billion international-$ in 2011 prices | -0.6% |
| 2000 | 50.33 billion international-$ in 2011 prices | +3.9% |
| 2001 | 52.43 billion international-$ in 2011 prices | +4.2% |
| 2002 | 54.50 billion international-$ in 2011 prices | +3.9% |
| 2003 | 53.89 billion international-$ in 2011 prices | -1.1% |
| 2004 | 55.85 billion international-$ in 2011 prices | +3.6% |
| 2005 | 61.63 billion international-$ in 2011 prices | +10.4% |
| 2006 | 67.22 billion international-$ in 2011 prices | +9.1% |
| 2007 | 73.42 billion international-$ in 2011 prices | +9.2% |
| 2008 | 79.76 billion international-$ in 2011 prices | +8.6% |
| 2009 | 86.39 billion international-$ in 2011 prices | +8.3% |
| 2010 | 94.15 billion international-$ in 2011 prices | +9.0% |
| 2011 | 104.95 billion international-$ in 2011 prices | +11.5% |
| 2012 | 116.34 billion international-$ in 2011 prices | +10.9% |
| 2013 | 128.31 billion international-$ in 2011 prices | +10.3% |
| 2014 | 141.95 billion international-$ in 2011 prices | +10.6% |
| 2015 | 157.11 billion international-$ in 2011 prices | +10.7% |
| 2016 | 173.71 billion international-$ in 2011 prices | +10.6% |
| 2017 | 190.76 billion international-$ in 2011 prices | +9.8% |
| 2018 | 206.21 billion international-$ in 2011 prices | +8.1% |
| 2019 | 221.88 billion international-$ in 2011 prices | +7.6% |
| 2020 | 237.86 billion international-$ in 2011 prices | +7.2% |
| 2021 | 251.85 billion international-$ in 2011 prices | +5.9% |
| 2022 | 269.98 billion international-$ in 2011 prices | +7.2% |
Ethiopia compared with similar countries
- Ethiopia's 269.98 billion international-$ in 2011 prices is above the median for low income countries, which is 30.55 billion international-$ in 2011 prices, 8.8× the median. (21 countries reporting)
- Ethiopia's 269.98 billion international-$ in 2011 prices is above the median for Sub-Saharan Africa, which is 26.73 billion international-$ in 2011 prices, 10.1× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 14.68 billion international-$ in 2011 prices | 12.82 billion international-$ in 2011 prices | 16.45 billion international-$ in 2011 prices | 10 |
| 1960s | 22.53 billion international-$ in 2011 prices | 17.26 billion international-$ in 2011 prices | 27.12 billion international-$ in 2011 prices | 10 |
| 1970s | 32.71 billion international-$ in 2011 prices | 28.63 billion international-$ in 2011 prices | 36.46 billion international-$ in 2011 prices | 10 |
| 1980s | 41.19 billion international-$ in 2011 prices | 37.96 billion international-$ in 2011 prices | 45.76 billion international-$ in 2011 prices | 10 |
| 1990s | 43.77 billion international-$ in 2011 prices | 37.46 billion international-$ in 2011 prices | 49.28 billion international-$ in 2011 prices | 10 |
| 2000s | 63.54 billion international-$ in 2011 prices | 50.33 billion international-$ in 2011 prices | 86.39 billion international-$ in 2011 prices | 10 |
| 2010s | 153.54 billion international-$ in 2011 prices | 94.15 billion international-$ in 2011 prices | 221.88 billion international-$ in 2011 prices | 10 |
| 2020s | 253.23 billion international-$ in 2011 prices | 237.86 billion international-$ in 2011 prices | 269.98 billion international-$ in 2011 prices | 3 |
Countries ranked near Ethiopia
- 57 Portugal 295.71 billion international-$ in 2011 prices compare
- 58 Myanmar 291.02 billion international-$ in 2011 prices compare
- 59 Hungary 285.38 billion international-$ in 2011 prices compare
- 61 Greece 263.89 billion international-$ in 2011 prices compare
- 62 Sri Lanka 254.75 billion international-$ in 2011 prices compare
- 63 Finland 226.16 billion international-$ in 2011 prices compare
More economy & growth data for Ethiopia
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.25 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0269 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 86.59 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.0253 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 28.66 includes gold, current US$ per person (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Ethiopia?
- Gross domestic product (gdp) in Ethiopia was 269.98 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Ethiopia?
- The highest recorded value was 269.98 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Ethiopia?
- The lowest recorded value was 12.82 billion international-$ in 2011 prices in 1950.
- How does Ethiopia rank for gross domestic product (gdp)?
- Ethiopia ranks 60th out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Ethiopia?
- Over the last ten years it is up 132.0%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.