Gross Domestic Product — Value Standard Local Currency, 2015 prices in Ethiopia
Ethiopia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 2.39 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Ethiopia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Ethiopia is 2.39 million million SLC, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 7.3% on the previous year and up 103.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Ethiopia peaked at 2.39 million million SLC in 2024 and was at its lowest, 220,210 million SLC, in 1992.
Ethiopia ranks 82nd of 223 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 — Value Standard Local Currency, 2015 prices in Ethiopia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 260,549 million SLC | — |
| 1991 | 241,743 million SLC | -7.2% |
| 1992 | 220,210 million SLC | -8.9% |
| 1993 | 249,637 million SLC | +13.4% |
| 1994 | 258,340 million SLC | +3.5% |
| 1995 | 274,154 million SLC | +6.1% |
| 1996 | 311,254 million SLC | +13.5% |
| 1997 | 320,095 million SLC | +2.8% |
| 1998 | 307,146 million SLC | -4.0% |
| 1999 | 323,002 million SLC | +5.2% |
| 2000 | 342,617 million SLC | +6.1% |
| 2001 | 371,060 million SLC | +8.3% |
| 2002 | 376,680 million SLC | +1.5% |
| 2003 | 368,539 million SLC | -2.2% |
| 2004 | 418,560 million SLC | +13.6% |
| 2005 | 468,028 million SLC | +11.8% |
| 2006 | 518,738 million SLC | +10.8% |
| 2007 | 578,164 million SLC | +11.5% |
| 2008 | 640,540 million SLC | +10.8% |
| 2009 | 696,923 million SLC | +8.8% |
| 2010 | 784,390 million SLC | +12.6% |
| 2011 | 887,580 million SLC | +13.2% |
| 2012 | 964,336 million SLC | +8.6% |
| 2013 | 1.07 million million SLC | +10.6% |
| 2014 | 1.18 million million SLC | +10.3% |
| 2015 | 1.30 million million SLC | +10.4% |
| 2016 | 1.40 million million SLC | +7.6% |
| 2017 | 1.53 million million SLC | +9.6% |
| 2018 | 1.63 million million SLC | +6.8% |
| 2019 | 1.77 million million SLC | +8.4% |
| 2020 | 1.88 million million SLC | +6.1% |
| 2021 | 1.98 million million SLC | +5.6% |
| 2022 | 2.09 million million SLC | +5.3% |
| 2023 | 2.23 million million SLC | +6.6% |
| 2024 | 2.39 million million SLC | +7.3% |
Ethiopia compared with similar countries
- Ethiopia's 2.39 million million SLC is below the median for low income countries, which is 4.30 million million SLC, 56% of the median. (23 countries reporting)
- Ethiopia's 2.39 million million SLC is below the median for Sub-Saharan Africa, which is 4.65 million million SLC, 51% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 276,613 million SLC | 220,210 million SLC | 323,002 million SLC | 10 |
| 2000s | 477,985 million SLC | 342,617 million SLC | 696,923 million SLC | 10 |
| 2010s | 1.25 million million SLC | 784,390 million SLC | 1.77 million million SLC | 10 |
| 2020s | 2.11 million million SLC | 1.88 million million SLC | 2.39 million million SLC | 5 |
Countries ranked near Ethiopia
- 79 Denmark 2.54 million million SLC compare
- 80 Poland 2.48 million million SLC compare
- 81 France 2.44 million million SLC compare
- 83 Canada 2.32 million million SLC compare
- 84 United Kingdom of Great Britain and Northern Ireland 2.14 million million SLC compare
- 84 United Kingdom 2.14 million million SLC compare
More economy & growth data for Ethiopia
- SDRs holdings, US dollar, annual growth rate 4.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0318 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.4608 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0232 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -16.34 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 3.57 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -20.34 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Ethiopia?
- Gross domestic product — value standard local currency, 2015 prices in Ethiopia was 2.39 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Ethiopia?
- The highest recorded value was 2.39 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Ethiopia?
- The lowest recorded value was 220,210 million SLC in 1992.
- How does Ethiopia rank for gross domestic product — value standard local currency, 2015 prices?
- Ethiopia ranks 82nd out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Ethiopia?
- Over the last ten years it is up 103.3%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).