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Ethiopia flag Ethiopia:

Economic indicators of Ethiopia : Growth

Main Indicators

Main Indicators 20202021 (e)2022 (e)2023 (e)2024 (e)
GDP (billions USD) 96.6199.27111.18126.19140.05
GDP (Constant Prices, Annual % Change)
GDP per Capita (USD) 994996111
General Government Gross Debt (in % of GDP) 53.69752.95046.37140.36837.388
Inflation Rate (%) 20.426.833.628.621.1
Current Account (billions USD) -4.44-3.17-4.75-5.61-4.97
Current Account (in % of GDP) -4.6-3.2-4.3-4.4-3.6

Source: IMF – World Economic Outlook Database - Latest available data.

Note: (e) Estimated Data

Monetary Indicators 20152016201820192020
Ethiopian Birr (ETB) - Average Annual Exchange Rate For 1 EUR 23.0024.7332.3631.5735.80

Source: World Bank - Latest available data.


Main Sectors of Industry

Breakdown of Economic Activity By Sector Agriculture Industry Services
Employment By Sector (in % of Total Employment) 66.6 9.3 24.0
Value Added (in % of GDP) 35.5 23.1 36.8
Value Added (Annual % Change) 4.0 9.6 5.3

Source: World Bank - Latest available data.

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Latest Update: November 2022