Gross domestic product (GDP), Constant prices, Purchasing power in Ethiopia

Ethiopia: Gross domestic product (GDP), Constant prices, Purchasing power was 8.28 % change on previous year in 2019. ◆ Volatile

Latest (2019)
8.28 % change on previous year
Change on year
up 20.5%
World rank
4th
of 193 countries
All-time high
13.57 % change on previous year
in 2004
All-time low
-8.91 % change on previous year
in 1992
Years of data
59
1961–2019

Gross domestic product (GDP), Constant prices, Purchasing power in Ethiopia, 1961–2019

-10-5051015196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Ethiopia recorded 8.28 % change on previous year for gross domestic product (gdp), constant prices, purchasing power in 2019.

Compared with earlier readings it is up 20.5% on the previous year and down 5.9% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Ethiopia peaked at 13.57 % change on previous year in 2004 and was at its lowest, -8.91 % change on previous year, in 1992.

Ethiopia ranks 4th of 193 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Constant prices, Purchasing power in Ethiopia, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Ethiopia, 1961 to 2019.
Year % change on previous year Change
1961 4.2 % change on previous year —
1962 3.5 % change on previous year -16.7%
1963 3.79 % change on previous year +8.4%
1964 3.25 % change on previous year -14.2%
1965 6.18 % change on previous year +90.2%
1966 4.79 % change on previous year -22.6%
1967 6.23 % change on previous year +30.1%
1968 5.05 % change on previous year -19.0%
1969 3 % change on previous year -40.5%
1970 -2.21 % change on previous year -173.7%
1971 4.32 % change on previous year -295.3%
1972 5.55 % change on previous year +28.4%
1973 2.35 % change on previous year -57.7%
1974 -0.4616 % change on previous year -119.7%
1975 -2.82 % change on previous year +510.7%
1976 0.777 % change on previous year -127.6%
1977 -0.6787 % change on previous year -187.4%
1978 -4.18 % change on previous year +515.7%
1979 8.16 % change on previous year -295.2%
1980 5.85 % change on previous year -28.3%
1981 3.91 % change on previous year -33.1%
1982 1.62 % change on previous year -58.7%
1983 4.04 % change on previous year +149.5%
1984 0.9177 % change on previous year -77.3%
1985 -4.56 % change on previous year -596.9%
1986 4.12 % change on previous year -190.4%
1987 10.46 % change on previous year +153.9%
1988 4.93 % change on previous year -52.9%
1989 -4.92 % change on previous year -199.8%
1990 12.37 % change on previous year -351.4%
1991 -7.22 % change on previous year -158.4%
1992 -8.91 % change on previous year +23.4%
1993 13.36 % change on previous year -250.0%
1994 3.49 % change on previous year -73.9%
1995 6.12 % change on previous year +75.6%
1996 13.53 % change on previous year +121.1%
1997 2.84 % change on previous year -79.0%
1998 -4.05 % change on previous year -242.4%
1999 5.16 % change on previous year -227.6%
2000 6.07 % change on previous year +17.6%
2001 8.3 % change on previous year +36.7%
2002 1.51 % change on previous year -81.8%
2003 -2.16 % change on previous year -242.7%
2004 13.57 % change on previous year -728.1%
2005 11.82 % change on previous year -12.9%
2006 10.83 % change on previous year -8.3%
2007 11.46 % change on previous year +5.7%
2008 10.79 % change on previous year -5.8%
2009 8.8 % change on previous year -18.4%
2010 12.55 % change on previous year +42.6%
2011 13.16 % change on previous year +4.8%
2012 8.65 % change on previous year -34.3%
2013 10.58 % change on previous year +22.4%
2014 10.26 % change on previous year -3.0%
2015 10.39 % change on previous year +1.2%
2016 7.56 % change on previous year -27.2%
2017 9.5 % change on previous year +25.7%
2018 6.87 % change on previous year -27.7%
2019 8.28 % change on previous year +20.5%

Ethiopia compared with similar countries

  • Ethiopia's 8.28 % change on previous year is above the median for low income countries, which is 4.45 % change on previous year, 1.9× the median. (23 countries reporting)
  • Ethiopia's 8.28 % change on previous year is above the median for Sub-Saharan Africa, which is 3.86 % change on previous year, 2.1× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power 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.

YearChange FromTo
2004 +728.1% -2.16 % change on previous year 13.57 % change on previous year
1985 -596.9% 0.9177 % change on previous year -4.56 % change on previous year
1978 -515.7% -0.6787 % change on previous year -4.18 % change on previous year
1975 -510.7% -0.4616 % change on previous year -2.82 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.44 % change on previous year 3 % change on previous year 6.23 % change on previous year 9
1970s 1.08 % change on previous year -4.18 % change on previous year 8.16 % change on previous year 10
1980s 2.64 % change on previous year -4.92 % change on previous year 10.46 % change on previous year 10
1990s 3.67 % change on previous year -8.91 % change on previous year 13.53 % change on previous year 10
2000s 8.1 % change on previous year -2.16 % change on previous year 13.57 % change on previous year 10
2010s 9.78 % change on previous year 6.87 % change on previous year 13.16 % change on previous year 10

Countries ranked near Ethiopia

  1. 1 East Timor 18.72 % change on previous year compare
  2. 2 Libya 9.89 % change on previous year compare
  3. 3 Rwanda 9.43 % change on previous year compare
  4. 5 Bangladesh 8.15 % change on previous year compare
  5. 6 Djibouti 7.71 % change on previous year compare
  6. 7 Armenia 7.59 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in Ethiopia?
Gross domestic product (gdp), constant prices, purchasing power in Ethiopia was 8.28 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Ethiopia?
The highest recorded value was 13.57 % change on previous year in 2004.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Ethiopia?
The lowest recorded value was -8.91 % change on previous year in 1992.
How does Ethiopia rank for gross domestic product (gdp), constant prices, purchasing power?
Ethiopia ranks 4th out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Ethiopia?
Over the last ten years it is down 5.9%. The long-run trend across the full record is volatile.
Where does this Ethiopia data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in Ethiopia. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/ethiopia/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/ethiopia/">Gross domestic product (GDP), Constant prices, Purchasing power in Ethiopia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.