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Ethiopia real GDPEthiopia real GDPEthiopia real GDP

Ethiopia real GDP

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ETGDPCP chart


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Key data points


Last release
—
Observation period
2022
Next release
—
Forecast
—
Highest
‪2.44 T‬ ETB on Dec 31, 2022
Lowest
‪365.00 B‬ ETB on Dec 31, 1999

About Ethiopia real GDP


Category
GDP
Source
National Bank
Frequency
Annual
Units
ETB

Ethiopia in figures — see more economic indicators tied to ETGDPCP.
ETGDP
GDP
ETGDPA
GDP From Agriculture
ETGDPC
GDP From Construction
ETGDPCP
Real GDP
ETGDPMAN
GDP From Manufacturing
ETGDPPC
GDP Per Capita
ETGDPPCP
GDP Per Capita PPP
ETGDPS
GDP From Services
ETGDPYY
GDP Growth

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
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.
In 2022 Ethiopia real GDP was 2.44 T ETB, and the year before it reached 2.25 T ETB.