Overview
Discussions Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
163.70 B USD on Dec 31, 2023
Lowest
6.93 B USD on Dec 31, 1994
About Ethiopia GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Related indicators
Frequently Asked Questions
One of the ways to count Ethiopia GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Ethiopia GDP was 163.7 B USD, and the year before it reached 126.77 B USD.
Ethiopia GDP accounts for 0.15% of the world GDP.
In 2023 Ethiopia GDP per capita was 875.37 USD, and in 2022 it reached 843.64 USD. GDP per capita is gross domestic product divided by a country's population.
In 2022 Ethiopia real GDP was 2.44 T ETB, the year before it reached 2.25 T ETB.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Ethiopia GDP has ever reached is 163.7 B USD.
The lowest ever value Ethiopia GDP has reached is 6.93 B USD.