Gross Domestic Product — Value US$, 2015 prices in Ethiopia
Ethiopia: Gross Domestic Product — Value US$, 2015 prices was 116,155 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Ethiopia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Ethiopia is 116,155 million USD, measured in 2024. That is the highest value across all 35 years on record.
The figure is up 7.3% on the previous year and up 103.3% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Ethiopia peaked at 116,155 million USD in 2024 and was at its lowest, 10,702 million USD, in 1992.
That places Ethiopia 59th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Ethiopia, year by year
| Year | million USD | Change |
|---|---|---|
| 1990 | 12,662 million USD | — |
| 1991 | 11,748 million USD | -7.2% |
| 1992 | 10,702 million USD | -8.9% |
| 1993 | 12,132 million USD | +13.4% |
| 1994 | 12,555 million USD | +3.5% |
| 1995 | 13,323 million USD | +6.1% |
| 1996 | 15,126 million USD | +13.5% |
| 1997 | 15,556 million USD | +2.8% |
| 1998 | 14,927 million USD | -4.0% |
| 1999 | 15,697 million USD | +5.2% |
| 2000 | 16,651 million USD | +6.1% |
| 2001 | 18,033 million USD | +8.3% |
| 2002 | 18,306 million USD | +1.5% |
| 2003 | 17,910 million USD | -2.2% |
| 2004 | 20,341 million USD | +13.6% |
| 2005 | 22,745 million USD | +11.8% |
| 2006 | 25,210 million USD | +10.8% |
| 2007 | 28,098 million USD | +11.5% |
| 2008 | 31,129 million USD | +10.8% |
| 2009 | 33,869 million USD | +8.8% |
| 2010 | 38,120 million USD | +12.6% |
| 2011 | 43,135 million USD | +13.2% |
| 2012 | 46,865 million USD | +8.6% |
| 2013 | 51,824 million USD | +10.6% |
| 2014 | 57,144 million USD | +10.3% |
| 2015 | 63,079 million USD | +10.4% |
| 2016 | 67,848 million USD | +7.6% |
| 2017 | 74,338 million USD | +9.6% |
| 2018 | 79,405 million USD | +6.8% |
| 2019 | 86,046 million USD | +8.4% |
| 2020 | 91,260 million USD | +6.1% |
| 2021 | 96,409 million USD | +5.6% |
| 2022 | 101,539 million USD | +5.3% |
| 2023 | 108,235 million USD | +6.6% |
| 2024 | 116,155 million USD | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13,443 million USD | 10,702 million USD | 15,697 million USD | 10 |
| 2000s | 23,229 million USD | 16,651 million USD | 33,869 million USD | 10 |
| 2010s | 60,780 million USD | 38,120 million USD | 86,046 million USD | 10 |
| 2020s | 102,720 million USD | 91,260 million USD | 116,155 million USD | 5 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Gross value added at basic prices (GVA) (current LCU), annual growth 27.36 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 114.9 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 107,170 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 9.15 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9742 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 908.7 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 9.15 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 22.49 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 20,980 constant LCU per person (2025)
- GDP (current US$), annual growth rate -15.61 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Ethiopia?
- Gross domestic product — value us$, 2015 prices in Ethiopia was 116,155 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Ethiopia?
- The highest recorded value was 116,155 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Ethiopia?
- The lowest recorded value was 10,702 million USD in 1992.
- How does Ethiopia rank for gross domestic product — value us$, 2015 prices?
- Ethiopia ranks 59th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Ethiopia?
- Over the last ten years it is up 103.3%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).