Sub-Saharan Africa
Ethiopia GDP
Gross Domestic Product in current US dollars.
Latest Value
$149.74B
As of 2024
YoY Change
+10.2%
2023 → 2024
Record High
$149.74B
Recorded in 2024
Record Low
$1.61B
Recorded in 1960
10-Year Average
$99.86B
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: NY.GDP.MKTP.CD
Historical Trend
Analysis
Ethiopia's GDP has been steadily increasing over the years, with the latest data showing a value of 149,740,000,000 current US dollars in 2024. This growth can be attributed to the country's large population and its strategic location in the Horn of Africa, making it a hub for trade and investment. The Ethiopian government has also implemented policies to promote economic development and diversification.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | $149.74B | $13.87B | +10.2% |
| 2023 | $135.87B | $12.73B | +10.3% |
| 2022 | $123.14B | $14.07B | +12.9% |
| 2021 | $109.07B | $10.39B | +10.5% |
| 2020 | $98.68B | $6.84B | +7.5% |
| 2019 | $91.83B | $8.50B | +10.2% |
| 2018 | $83.34B | $6.97B | +9.1% |
| 2017 | $76.37B | $7.89B | +11.5% |
| 2016 | $68.48B | $6.37B | +10.3% |
| 2015 | $62.10B | $6.49B | +11.7% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
Sub-Saharan Africa · GDP
