Ethiopia GDP Growth Rate 1962-2024

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Ethiopia gdp growth rate for 2023 was 6.50%, a 1.18% increase from 2022.
  • Ethiopia gdp growth rate for 2022 was 5.32%, a 0.32% decline from 2021.
  • Ethiopia gdp growth rate for 2021 was 5.64%, a 0.42% decline from 2020.
  • Ethiopia gdp growth rate for 2020 was 6.06%, a 2.3% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Democratic Republic of Congo 8.56%
Tajikistan 8.30%
Rwanda 8.24%
Guinea 7.06%
Ethiopia 6.50%
Togo 6.41%
Benin 6.35%
Gambia 5.30%
Mali 5.24%
Uganda 5.23%
Tanzania 5.19%
Mozambique 5.00%
Zimbabwe 4.96%
Liberia 4.71%
Guinea-Bissau 4.25%
Chad 4.12%
Madagascar 3.99%
Senegal 3.70%
Sierra Leone 3.43%
Somalia 3.10%
Burkina Faso 2.96%
Comoros 2.70%
Burundi 2.70%
Niger 2.50%
Nepal 1.95%
Malawi 1.54%
Central African Republic 0.87%
Haiti -1.86%
Ethiopia GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2023 6.50% 1.18%
2022 5.32% -0.32%
2021 5.64% -0.42%
2020 6.06% -2.30%
2019 8.36% 1.55%
2018 6.82% -2.75%
2017 9.56% 0.13%
2016 9.43% -0.96%
2015 10.39% 0.14%
2014 10.26% -0.32%
2013 10.58% 1.93%
2012 8.65% -2.53%
2011 11.18% -1.37%
2010 12.55% 3.75%
2009 8.80% -1.99%
2008 10.79% -0.67%
2007 11.46% 0.62%
2006 10.83% -0.98%
2005 11.82% -1.75%
2004 13.57% 15.73%
2003 -2.16% -3.68%
2002 1.51% -6.79%
2001 8.30% 2.23%
2000 6.07% 0.91%
1999 5.16% 8.62%
1998 -3.46% -6.59%
1997 3.13% -9.29%
1996 12.43% 6.30%
1995 6.13% 2.94%
1994 3.19% -9.95%
1993 13.14% 21.82%
1992 -8.67% -1.54%
1991 -7.14% -9.86%
1990 2.73% 3.09%
1989 -0.36% -0.86%
1988 0.50% -13.36%
1987 13.86% 4.20%
1986 9.66% 20.81%
1985 -11.14% -8.30%
1984 -2.85% -11.08%
1983 8.24% 7.32%
1982 0.92% -3.47%
1981 4.38% -2.04%
1980 6.42% 7.53%
1979 -1.10% -3.84%
1978 2.74% 0.01%
1977 2.73% 2.58%
1976 0.15% -1.10%
1975 1.25% -2.03%
1974 3.27% -1.84%
1973 5.11% 0.88%
1972 4.23% -2.30%
1971 6.53% 3.04%
1970 3.48% 2.09%
1969 1.39% -2.75%
1968 4.14% 0.08%
1967 4.06% -3.20%
1966 7.26% 1.48%
1965 5.77% 1.68%
1964 4.09% -0.43%
1963 4.52% 0.19%
1962 4.33% 0.19%