Gross domestic product (GDP), per unit of GDP in Ethiopia
Ethiopia: Gross domestic product (GDP), per unit of GDP was 2.99 international-$ in 2021 prices per US$ of GDP in 2023. ▼ Falling
Latest (2023)
2.99 international-$ in 2021 prices per US$ of GDP
Change on year
down 4.0%
World rank
28th
of 180 countries
All-time high
8.49 international-$ in 2021 prices per US$ of GDP
in 1960
All-time low
2.82 international-$ in 2021 prices per US$ of GDP
in 1991
Years of data
64
1960–2023
Gross domestic product (GDP), per unit of GDP in Ethiopia, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Ethiopia recorded 2.99 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023.
Compared with earlier readings it is down 4.0% on the previous year and down 5.1% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Ethiopia peaked at 8.49 international-$ in 2021 prices per US$ of GDP in 1960 and was at its lowest, 2.82 international-$ in 2021 prices per US$ of GDP, in 1991.
That places Ethiopia 28th out of 180 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Gross domestic product (GDP), per unit of GDP in Ethiopia, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 8.49 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 8.45 international-$ in 2021 prices per US$ of GDP | -0.4% |
| 1962 | 8.46 international-$ in 2021 prices per US$ of GDP | +0.0% |
| 1963 | 8.31 international-$ in 2021 prices per US$ of GDP | -1.7% |
| 1964 | 8.13 international-$ in 2021 prices per US$ of GDP | -2.2% |
| 1965 | 8.01 international-$ in 2021 prices per US$ of GDP | -1.5% |
| 1966 | 7.71 international-$ in 2021 prices per US$ of GDP | -3.8% |
| 1967 | 7.39 international-$ in 2021 prices per US$ of GDP | -4.2% |
| 1968 | 7.27 international-$ in 2021 prices per US$ of GDP | -1.6% |
| 1969 | 7.32 international-$ in 2021 prices per US$ of GDP | +0.6% |
| 1970 | 6.66 international-$ in 2021 prices per US$ of GDP | -9.0% |
| 1971 | 6.57 international-$ in 2021 prices per US$ of GDP | -1.3% |
| 1972 | 6.31 international-$ in 2021 prices per US$ of GDP | -4.0% |
| 1973 | 5.59 international-$ in 2021 prices per US$ of GDP | -11.4% |
| 1974 | 5.07 international-$ in 2021 prices per US$ of GDP | -9.3% |
| 1975 | 5.24 international-$ in 2021 prices per US$ of GDP | +3.4% |
| 1976 | 5.04 international-$ in 2021 prices per US$ of GDP | -3.9% |
| 1977 | 4.47 international-$ in 2021 prices per US$ of GDP | -11.4% |
| 1978 | 4.29 international-$ in 2021 prices per US$ of GDP | -4.0% |
| 1979 | 4.02 international-$ in 2021 prices per US$ of GDP | -6.3% |
| 1980 | 4 international-$ in 2021 prices per US$ of GDP | -0.4% |
| 1981 | 4.17 international-$ in 2021 prices per US$ of GDP | +4.2% |
| 1982 | 4.34 international-$ in 2021 prices per US$ of GDP | +4.1% |
| 1983 | 4.55 international-$ in 2021 prices per US$ of GDP | +4.8% |
| 1984 | 4.87 international-$ in 2021 prices per US$ of GDP | +7.1% |
| 1985 | 4.39 international-$ in 2021 prices per US$ of GDP | -9.8% |
| 1986 | 4.14 international-$ in 2021 prices per US$ of GDP | -5.8% |
| 1987 | 3.84 international-$ in 2021 prices per US$ of GDP | -7.2% |
| 1988 | 3.65 international-$ in 2021 prices per US$ of GDP | -5.0% |
| 1989 | 3.21 international-$ in 2021 prices per US$ of GDP | -12.0% |
| 1990 | 3.45 international-$ in 2021 prices per US$ of GDP | +7.4% |
| 1991 | 2.82 international-$ in 2021 prices per US$ of GDP | -18.1% |
| 1992 | 3.27 international-$ in 2021 prices per US$ of GDP | +15.9% |
| 1993 | 4.29 international-$ in 2021 prices per US$ of GDP | +31.0% |
| 1994 | 5.1 international-$ in 2021 prices per US$ of GDP | +19.0% |
| 1995 | 5.18 international-$ in 2021 prices per US$ of GDP | +1.5% |
| 1996 | 4.72 international-$ in 2021 prices per US$ of GDP | -8.8% |
| 1997 | 5.15 international-$ in 2021 prices per US$ of GDP | +9.1% |
| 1998 | 5.24 international-$ in 2021 prices per US$ of GDP | +1.7% |
| 1999 | 5.52 international-$ in 2021 prices per US$ of GDP | +5.2% |
| 2000 | 5.22 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 2001 | 6.1 international-$ in 2021 prices per US$ of GDP | +17.0% |
| 2002 | 5.68 international-$ in 2021 prices per US$ of GDP | -6.9% |
| 2003 | 5.52 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 2004 | 5.56 international-$ in 2021 prices per US$ of GDP | +0.7% |
| 2005 | 5.44 international-$ in 2021 prices per US$ of GDP | -2.2% |
| 2006 | 4.48 international-$ in 2021 prices per US$ of GDP | -17.7% |
| 2007 | 4.14 international-$ in 2021 prices per US$ of GDP | -7.5% |
| 2008 | 3.31 international-$ in 2021 prices per US$ of GDP | -20.2% |
| 2009 | 2.92 international-$ in 2021 prices per US$ of GDP | -11.6% |
| 2010 | 3.74 international-$ in 2021 prices per US$ of GDP | +28.1% |
| 2011 | 3.96 international-$ in 2021 prices per US$ of GDP | +5.6% |
| 2012 | 3.2 international-$ in 2021 prices per US$ of GDP | -19.2% |
| 2013 | 3.15 international-$ in 2021 prices per US$ of GDP | -1.5% |
| 2014 | 3.33 international-$ in 2021 prices per US$ of GDP | +5.7% |
| 2015 | 3.25 international-$ in 2021 prices per US$ of GDP | -2.4% |
| 2016 | 3.35 international-$ in 2021 prices per US$ of GDP | +3.1% |
| 2017 | 3.19 international-$ in 2021 prices per US$ of GDP | -4.8% |
| 2018 | 3.11 international-$ in 2021 prices per US$ of GDP | -2.4% |
| 2019 | 3.07 international-$ in 2021 prices per US$ of GDP | -1.1% |
| 2020 | 3.03 international-$ in 2021 prices per US$ of GDP | -1.5% |
| 2021 | 3.21 international-$ in 2021 prices per US$ of GDP | +6.1% |
| 2022 | 3.11 international-$ in 2021 prices per US$ of GDP | -3.1% |
| 2023 | 2.99 international-$ in 2021 prices per US$ of GDP | -4.0% |
Ethiopia compared with similar countries
- Ethiopia's 2.99 international-$ in 2021 prices per US$ of GDP is above the median for low income countries, which is 2.73 international-$ in 2021 prices per US$ of GDP, 1.1× the median. (22 countries reporting)
- Ethiopia's 2.99 international-$ in 2021 prices per US$ of GDP is above the median for Sub-Saharan Africa, which is 2.51 international-$ in 2021 prices per US$ of GDP, 1.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.95 international-$ in 2021 prices per US$ of GDP | 7.27 international-$ in 2021 prices per US$ of GDP | 8.49 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 5.32 international-$ in 2021 prices per US$ of GDP | 4.02 international-$ in 2021 prices per US$ of GDP | 6.66 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 4.12 international-$ in 2021 prices per US$ of GDP | 3.21 international-$ in 2021 prices per US$ of GDP | 4.87 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 4.48 international-$ in 2021 prices per US$ of GDP | 2.82 international-$ in 2021 prices per US$ of GDP | 5.52 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 4.84 international-$ in 2021 prices per US$ of GDP | 2.92 international-$ in 2021 prices per US$ of GDP | 6.1 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 3.33 international-$ in 2021 prices per US$ of GDP | 3.07 international-$ in 2021 prices per US$ of GDP | 3.96 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 3.09 international-$ in 2021 prices per US$ of GDP | 2.99 international-$ in 2021 prices per US$ of GDP | 3.21 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Ethiopia
- 25 Vietnam 3.02 international-$ in 2021 prices per US$ of GDP compare
- 26 Suriname 3.02 international-$ in 2021 prices per US$ of GDP compare
- 27 Uganda 3 international-$ in 2021 prices per US$ of GDP compare
- 29 Niger 2.96 international-$ in 2021 prices per US$ of GDP compare
- 30 Rwanda 2.96 international-$ in 2021 prices per US$ of GDP compare
- 31 Kenya 2.93 international-$ in 2021 prices per US$ of GDP 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), per unit of gdp in Ethiopia?
- Gross domestic product (gdp), per unit of gdp in Ethiopia was 2.99 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Ethiopia?
- The highest recorded value was 8.49 international-$ in 2021 prices per US$ of GDP in 1960.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Ethiopia?
- The lowest recorded value was 2.82 international-$ in 2021 prices per US$ of GDP in 1991.
- How does Ethiopia rank for gross domestic product (gdp), per unit of gdp?
- Ethiopia ranks 28th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Ethiopia?
- Over the last ten years it is down 5.1%. The long-run trend across the full record is falling.
- Where does this Ethiopia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.