Gross National Income — Value US$, annual growth rate in Ethiopia

Ethiopia: Gross National Income — Value US$, annual growth rate was 34.55 % change on previous year in 2023. ◆ Volatile

Latest (2023)
34.55 % change on previous year
Change on year
up 73.4%
World rank
3rd
of 236 countries
All-time high
38.92 % change on previous year
in 2012
All-time low
-28.33 % change on previous year
in 1993
Years of data
33
1991–2023

Gross National Income — Value US$, annual growth rate in Ethiopia, 1991–2023

-20020401991200720231991: 14.1 % change on previous year1992: -20.1 % change on previous year1993: -28.3 % change on previous year1994: -3.3 % change on previous year1995: 6.7 % change on previous year1996: 9 % change on previous year1997: 3.7 % change on previous year1998: -9.3 % change on previous year1999: -5.2 % change on previous year2000: 9.4 % change on previous year2001: -0.938 % change on previous year2002: -3.3 % change on previous year2003: 9.9 % change on previous year2004: 17.4 % change on previous year2005: 23 % change on previous year2006: 23 % change on previous year2007: 27 % change on previous year2008: 34.8 % change on previous year2009: 9.8 % change on previous year2010: -6.8 % change on previous year2011: 13.8 % change on previous year2012: 38.9 % change on previous year2013: 14.8 % change on previous year2014: 16.3 % change on previous year2015: 16.3 % change on previous year2016: 11.5 % change on previous year2017: 6.1 % change on previous year2018: 4.6 % change on previous year2019: 15.2 % change on previous year2020: 4.4 % change on previous year2021: 2.8 % change on previous year2022: 19.9 % change on previous year2023: 34.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, gross national income — value us$, annual growth rate in Ethiopia stood at 34.55 % change on previous year.

Compared with earlier readings it is up 73.4% on the previous year and up 133.4% over ten years.

Over the whole period, gross national income — value us$, annual growth rate in Ethiopia peaked at 38.92 % change on previous year in 2012 and was at its lowest, -28.33 % change on previous year, in 1993.

Ethiopia ranks 3rd of 236 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross National Income — Value US$, annual growth rate in Ethiopia, year by year

Annual values for Gross National Income — Value US$, annual growth rate in Ethiopia, 1991 to 2023.
Year % change on previous year Change
1991 14.12 % change on previous year
1992 -20.09 % change on previous year -242.3%
1993 -28.33 % change on previous year +41.0%
1994 -3.26 % change on previous year -88.5%
1995 6.69 % change on previous year -305.3%
1996 8.98 % change on previous year +34.1%
1997 3.67 % change on previous year -59.2%
1998 -9.34 % change on previous year -354.8%
1999 -5.15 % change on previous year -44.8%
2000 9.37 % change on previous year -281.9%
2001 -0.938 % change on previous year -110.0%
2002 -3.32 % change on previous year +254.4%
2003 9.92 % change on previous year -398.4%
2004 17.44 % change on previous year +75.8%
2005 23.03 % change on previous year +32.1%
2006 23.05 % change on previous year +0.1%
2007 26.96 % change on previous year +17.0%
2008 34.8 % change on previous year +29.1%
2009 9.85 % change on previous year -71.7%
2010 -6.76 % change on previous year -168.7%
2011 13.78 % change on previous year -303.8%
2012 38.92 % change on previous year +182.5%
2013 14.81 % change on previous year -62.0%
2014 16.32 % change on previous year +10.2%
2015 16.31 % change on previous year -0.0%
2016 11.55 % change on previous year -29.2%
2017 6.14 % change on previous year -46.8%
2018 4.6 % change on previous year -25.1%
2019 15.21 % change on previous year +230.4%
2020 4.43 % change on previous year -70.8%
2021 2.79 % change on previous year -37.2%
2022 19.93 % change on previous year +615.4%
2023 34.55 % change on previous year +73.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s -3.63 % change on previous year -28.33 % change on previous year 14.12 % change on previous year 9
2000s 15.02 % change on previous year -3.32 % change on previous year 34.8 % change on previous year 10
2010s 13.09 % change on previous year -6.76 % change on previous year 38.92 % change on previous year 10
2020s 15.42 % change on previous year 2.79 % change on previous year 34.55 % change on previous year 4

Countries ranked near Ethiopia

  1. 1 China, Macao SAR 83.22 % change on previous year compare
  2. 2 Cuba 37.3 % change on previous year compare
  3. 4 Sudan (former) 30.86 % change on previous year compare
  4. 5 Cook Islands 26.39 % change on previous year compare
  5. 6 Sao Tome and Principe 25.55 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is gross national income — value us$, annual growth rate in Ethiopia?
Gross national income — value us$, annual growth rate in Ethiopia was 34.55 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value us$, annual growth rate recorded in Ethiopia?
The highest recorded value was 38.92 % change on previous year in 2012.
What is the lowest gross national income — value us$, annual growth rate recorded in Ethiopia?
The lowest recorded value was -28.33 % change on previous year in 1993.
How does Ethiopia rank for gross national income — value us$, annual growth rate?
Ethiopia ranks 3rd out of 236 countries with data for 2023.
Is gross national income — value us$, annual growth rate rising or falling in Ethiopia?
Over the last ten years it is up 133.4%. 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 National Income — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value US$, annual growth rate in Ethiopia. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-us-annual-growth-rate/ethiopia/

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How this figure is calculated

The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross National Income — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,049 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.