The Gross Domestic Product (GDP) in Ethiopia expanded 7.30 percent in the fourth quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in Ethiopia averaged 5.99 percent from 1981 until 2024, reaching an all time high of 13.90 percent in 1986 and a record low of -11.10 percent in 1984. source: National Bank of Ethiopia
GDP Annual Growth Rate in Ethiopia is expected to reach 9.00 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia GDP Annual Growth Rate is projected to trend around 8.20 percent in 2027 and 7.50 percent in 2028, according to our econometric models.