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 10.00 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 8.50 percent in 2027 and 7.30 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
GDP Annual Growth Rate 7.30 8.10 percent Dec 2024
GDP Constant Prices 2604.00 2409.90 ETB Billion Dec 2023
GDP from Agriculture 1046.10 827.90 ETB Billion Dec 2024
GDP from Construction 546.46 501.49 ETB Billion Dec 2023
GDP from Manufacturing 758.40 694.20 ETB Billion Dec 2023
GDP from Services 1046.10 971.30 ETB Billion Dec 2023


Ethiopia GDP Annual Growth Rate
Ethiopia is among the fastest growing non-oil economies in the world as the government reforms undertaken in recent years have succeeded in opening the economy to foreign direct investments and resulted in expansion of commercial agriculture and manufacturing industry.
Actual Previous Highest Lowest Dates Unit Frequency
7.30 8.10 13.90 -11.10 1981 - 2024 percent Yearly