The Ethiopian economy is projected to have grown by 8.7 percent in the 2021/22 fiscal year, according to the latest annual economic report of the central bank of Ethiopia. source: National Bank of Ethiopia

GDP Annual Growth Rate in Ethiopia averaged 5.94 percent from 1981 until 2021, reaching an all time high of 13.90 percent in 1986 and a record low of -11.10 percent in 1984. This page provides - Ethiopia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia GDP Annual Growth Rate - values, historical data and charts - was last updated on June of 2022.

GDP Annual Growth Rate in Ethiopia is expected to reach 9.00 percent by the end of 2022, 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 6.80 percent in 2023 and 7.00 percent in 2024, according to our econometric models.

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Ethiopia GDP Annual Growth Rate



Related Last Previous Unit Reference
GDP Annual Growth Rate 8.70 6.30 percent Dec 2021
GDP From Services 836.20 786.80 ETB Billion Dec 2020
GDP From Manufacturing 618.80 576.90 ETB Billion Dec 2020
GDP From Agriculture 686.40 650.30 ETB Billion Dec 2020
GDP Constant Prices 2114.20 1990.00 ETB Billion Dec 2020

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
8.70 6.30 13.90 -11.10 1981 - 2021 percent Yearly