Gross Domestic Product, GDP in millions constant 2021 international $ in Ethiopia
Ethiopia: Gross Domestic Product, GDP in millions constant 2021 international $ was 484,609 in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Ethiopia, 1991–2027
Source: International Labour Organization.
Analysis
Ethiopia recorded 484,609 for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
That represents a change of up 7.7% on the previous year and up 98.8% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Ethiopia peaked at 484,609 in 2027 and was at its lowest, 35,304, in 1992.
That places Ethiopia 52nd out of 188 countries with data for 2027, putting it 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 millions constant 2021 international $ in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 38,656 | — |
| 1992 | 35,304 | -8.7% |
| 1993 | 39,944 | +13.1% |
| 1994 | 41,218 | +3.2% |
| 1995 | 43,744 | +6.1% |
| 1996 | 49,179 | +12.4% |
| 1997 | 50,720 | +3.1% |
| 1998 | 48,966 | -3.5% |
| 1999 | 51,494 | +5.2% |
| 2000 | 54,622 | +6.1% |
| 2001 | 59,156 | +8.3% |
| 2002 | 60,052 | +1.5% |
| 2003 | 58,754 | -2.2% |
| 2004 | 66,728 | +13.6% |
| 2005 | 74,615 | +11.8% |
| 2006 | 82,699 | +10.8% |
| 2007 | 92,173 | +11.5% |
| 2008 | 102,118 | +10.8% |
| 2009 | 111,106 | +8.8% |
| 2010 | 125,051 | +12.6% |
| 2011 | 139,029 | +11.2% |
| 2012 | 151,052 | +8.6% |
| 2013 | 167,037 | +10.6% |
| 2014 | 184,171 | +10.3% |
| 2015 | 203,311 | +10.4% |
| 2016 | 222,490 | +9.4% |
| 2017 | 243,770 | +9.6% |
| 2018 | 260,385 | +6.8% |
| 2019 | 282,164 | +8.4% |
| 2020 | 299,255 | +6.1% |
| 2021 | 318,003 | +6.3% |
| 2022 | 338,235 | +6.4% |
| 2023 | 362,490 | +7.2% |
| 2024 | 391,674 | +8.1% |
| 2025 | 419,968 | +7.2% |
| 2026 | 449,840 | +7.1% |
| 2027 | 484,609 | +7.7% |
Ethiopia compared with similar countries
- Ethiopia's 484,609 is above the median for low income countries, which is 57,463, 8.4× the median. (25 countries reporting)
- Ethiopia's 484,609 is above the median for Sub-Saharan Africa, which is 55,772, 8.7× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 44,358 | 35,304 | 51,494 | 9 |
| 2000s | 76,202 | 54,622 | 111,106 | 10 |
| 2010s | 197,846 | 125,051 | 282,164 | 10 |
| 2020s | 383,009 | 299,255 | 484,609 | 8 |
Countries ranked near Ethiopia
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 millions constant 2021 international $ in Ethiopia?
- Gross domestic product, gdp in millions constant 2021 international $ in Ethiopia was 484,609 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Ethiopia?
- The highest recorded value was 484,609 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Ethiopia?
- The lowest recorded value was 35,304 in 1992.
- How does Ethiopia rank for gross domestic product, gdp in millions constant 2021 international $?
- Ethiopia ranks 52nd out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Ethiopia?
- Over the last ten years it is up 98.8%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.