Gross Domestic Product — Value US$, annual growth rate (US annual) in Ethiopia
Ethiopia: Gross Domestic Product — Value US$, annual growth rate (US annual) was -10.67 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Ethiopia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value us$, annual growth rate in Ethiopia is -10.67 % change on previous year, measured in 2024.
Compared with earlier readings it is down 131.1% on the previous year and down 165.1% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Ethiopia peaked at 38.49 % change on previous year in 2012 and was at its lowest, -27.83 % change on previous year, in 1993.
Ethiopia ranks 229th of 236 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate (US annual) in Ethiopia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 14.08 % change on previous year | — |
| 1992 | -19.99 % change on previous year | -242.0% |
| 1993 | -27.83 % change on previous year | +39.2% |
| 1994 | -3.19 % change on previous year | -88.6% |
| 1995 | 6.15 % change on previous year | -292.9% |
| 1996 | 8.55 % change on previous year | +39.1% |
| 1997 | 3.47 % change on previous year | -59.4% |
| 1998 | -9.33 % change on previous year | -368.7% |
| 1999 | -5.15 % change on previous year | -44.8% |
| 2000 | 9.58 % change on previous year | -285.8% |
| 2001 | -0.8309 % change on previous year | -108.7% |
| 2002 | -3.42 % change on previous year | +311.7% |
| 2003 | 9.92 % change on previous year | -390.0% |
| 2004 | 17.52 % change on previous year | +76.6% |
| 2005 | 22.42 % change on previous year | +28.0% |
| 2006 | 23.18 % change on previous year | +3.4% |
| 2007 | 26.75 % change on previous year | +15.4% |
| 2008 | 34.84 % change on previous year | +30.2% |
| 2009 | 10.1 % change on previous year | -71.0% |
| 2010 | -6.68 % change on previous year | -166.1% |
| 2011 | 15.84 % change on previous year | -337.2% |
| 2012 | 38.49 % change on previous year | +143.0% |
| 2013 | 10.26 % change on previous year | -73.3% |
| 2014 | 16.37 % change on previous year | +59.6% |
| 2015 | 16.46 % change on previous year | +0.5% |
| 2016 | 14.39 % change on previous year | -12.6% |
| 2017 | 6.43 % change on previous year | -55.4% |
| 2018 | 4.45 % change on previous year | -30.8% |
| 2019 | 15.4 % change on previous year | +246.2% |
| 2020 | 4.39 % change on previous year | -71.5% |
| 2021 | 2.73 % change on previous year | -37.8% |
| 2022 | 19.85 % change on previous year | +627.1% |
| 2023 | 34.28 % change on previous year | +72.7% |
| 2024 | -10.67 % change on previous year | -131.1% |
Ethiopia compared with similar countries
- Ethiopia's -10.67 % change on previous year is below the median for low income countries, which is 7.94 % change on previous year. (23 countries reporting)
- Ethiopia's -10.67 % change on previous year is below the median for Sub-Saharan Africa, which is 6.98 % change on previous year. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.69 % change on previous year | -27.83 % change on previous year | 14.08 % change on previous year | 9 |
| 2000s | 15.01 % change on previous year | -3.42 % change on previous year | 34.84 % change on previous year | 10 |
| 2010s | 13.14 % change on previous year | -6.68 % change on previous year | 38.49 % change on previous year | 10 |
| 2020s | 10.12 % change on previous year | -10.67 % change on previous year | 34.28 % change on previous year | 5 |
Countries ranked near Ethiopia
- 226 Egypt -7.44 % change on previous year compare
- 227 East Timor -9.55 % change on previous year compare
- 227 Timor-Leste -9.55 % change on previous year compare
- 230 Malawi -13.46 % change on previous year compare
- 231 Palestine -23.18 % change on previous year compare
- 231 Palestine -23.18 % change on previous year compare
More economy & growth data for Ethiopia
- Real gdp growth, annual growth rate 13.66 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Ethiopia?
- Gross domestic product — value us$, annual growth rate in Ethiopia was -10.67 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Ethiopia?
- The highest recorded value was 38.49 % change on previous year in 2012.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Ethiopia?
- The lowest recorded value was -27.83 % change on previous year in 1993.
- How does Ethiopia rank for gross domestic product — value us$, annual growth rate?
- Ethiopia ranks 229th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Ethiopia?
- Over the last ten years it is down 165.1%. 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 — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.