GDP at market prices (constant 2010 US$) in Ethiopia
Ethiopia: GDP at market prices (constant 2010 US$) was 121.01 billion constant 2010 US$ in 2024. ◆ Volatile
Latest (2024)
121.01 billion constant 2010 US$
Change on year
up 7.3%
World rank
59th
of 208 countries
All-time high
121.01 billion constant 2010 US$
in 2024
All-time low
7.71 billion constant 2010 US$
in 1970
Years of data
55
1970–2024
GDP at market prices in Ethiopia, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
Ethiopia recorded 121.01 billion constant 2010 US$ for gdp at market prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 7.3% on the previous year and up 106.8% over ten years.
Over the whole period, gdp at market prices in Ethiopia peaked at 121.01 billion constant 2010 US$ in 2024 and was at its lowest, 7.71 billion constant 2010 US$, in 1970.
That places Ethiopia 59th out of 208 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP at market prices (constant 2010 US$) in Ethiopia, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1970 | 7.71 billion constant 2010 US$ | — |
| 1971 | 8.21 billion constant 2010 US$ | +6.5% |
| 1972 | 8.56 billion constant 2010 US$ | +4.2% |
| 1973 | 8.99 billion constant 2010 US$ | +5.1% |
| 1974 | 9.29 billion constant 2010 US$ | +3.3% |
| 1975 | 9.40 billion constant 2010 US$ | +1.2% |
| 1976 | 9.42 billion constant 2010 US$ | +0.1% |
| 1977 | 9.67 billion constant 2010 US$ | +2.7% |
| 1978 | 9.94 billion constant 2010 US$ | +2.7% |
| 1979 | 9.83 billion constant 2010 US$ | -1.1% |
| 1980 | 10.46 billion constant 2010 US$ | +6.4% |
| 1981 | 10.92 billion constant 2010 US$ | +4.4% |
| 1982 | 11.02 billion constant 2010 US$ | +0.9% |
| 1983 | 11.93 billion constant 2010 US$ | +8.2% |
| 1984 | 11.59 billion constant 2010 US$ | -2.8% |
| 1985 | 10.30 billion constant 2010 US$ | -11.1% |
| 1986 | 11.29 billion constant 2010 US$ | +9.7% |
| 1987 | 12.86 billion constant 2010 US$ | +13.9% |
| 1988 | 12.92 billion constant 2010 US$ | +0.5% |
| 1989 | 12.87 billion constant 2010 US$ | -0.4% |
| 1990 | 13.22 billion constant 2010 US$ | +2.7% |
| 1991 | 12.28 billion constant 2010 US$ | -7.1% |
| 1992 | 11.22 billion constant 2010 US$ | -8.7% |
| 1993 | 12.69 billion constant 2010 US$ | +13.1% |
| 1994 | 13.09 billion constant 2010 US$ | +3.2% |
| 1995 | 13.90 billion constant 2010 US$ | +6.1% |
| 1996 | 15.62 billion constant 2010 US$ | +12.4% |
| 1997 | 16.11 billion constant 2010 US$ | +3.1% |
| 1998 | 15.56 billion constant 2010 US$ | -3.5% |
| 1999 | 16.36 billion constant 2010 US$ | +5.2% |
| 2000 | 17.35 billion constant 2010 US$ | +6.1% |
| 2001 | 18.79 billion constant 2010 US$ | +8.3% |
| 2002 | 19.08 billion constant 2010 US$ | +1.5% |
| 2003 | 18.67 billion constant 2010 US$ | -2.2% |
| 2004 | 21.20 billion constant 2010 US$ | +13.6% |
| 2005 | 23.70 billion constant 2010 US$ | +11.8% |
| 2006 | 26.27 billion constant 2010 US$ | +10.8% |
| 2007 | 29.28 billion constant 2010 US$ | +11.5% |
| 2008 | 32.44 billion constant 2010 US$ | +10.8% |
| 2009 | 35.30 billion constant 2010 US$ | +8.8% |
| 2010 | 39.73 billion constant 2010 US$ | +12.6% |
| 2011 | 44.17 billion constant 2010 US$ | +11.2% |
| 2012 | 47.99 billion constant 2010 US$ | +8.6% |
| 2013 | 53.07 billion constant 2010 US$ | +10.6% |
| 2014 | 58.51 billion constant 2010 US$ | +10.3% |
| 2015 | 64.59 billion constant 2010 US$ | +10.4% |
| 2016 | 70.68 billion constant 2010 US$ | +9.4% |
| 2017 | 77.44 billion constant 2010 US$ | +9.6% |
| 2018 | 82.72 billion constant 2010 US$ | +6.8% |
| 2019 | 89.64 billion constant 2010 US$ | +8.4% |
| 2020 | 95.07 billion constant 2010 US$ | +6.1% |
| 2021 | 100.44 billion constant 2010 US$ | +5.6% |
| 2022 | 105.78 billion constant 2010 US$ | +5.3% |
| 2023 | 112.76 billion constant 2010 US$ | +6.6% |
| 2024 | 121.01 billion constant 2010 US$ | +7.3% |
Ethiopia compared with similar countries
- Ethiopia's 121.01 billion constant 2010 US$ is above the median for low income countries, which is 15.47 billion constant 2010 US$, 7.8× the median. (24 countries reporting)
- Ethiopia's 121.01 billion constant 2010 US$ is above the median for Sub-Saharan Africa, which is 15.37 billion constant 2010 US$, 7.9× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.10 billion constant 2010 US$ | 7.71 billion constant 2010 US$ | 9.94 billion constant 2010 US$ | 10 |
| 1980s | 11.61 billion constant 2010 US$ | 10.30 billion constant 2010 US$ | 12.92 billion constant 2010 US$ | 10 |
| 1990s | 14.01 billion constant 2010 US$ | 11.22 billion constant 2010 US$ | 16.36 billion constant 2010 US$ | 10 |
| 2000s | 24.21 billion constant 2010 US$ | 17.35 billion constant 2010 US$ | 35.30 billion constant 2010 US$ | 10 |
| 2010s | 62.85 billion constant 2010 US$ | 39.73 billion constant 2010 US$ | 89.64 billion constant 2010 US$ | 10 |
| 2020s | 107.01 billion constant 2010 US$ | 95.07 billion constant 2010 US$ | 121.01 billion constant 2010 US$ | 5 |
Countries ranked near Ethiopia
- 56 Hungary 158.01 billion constant 2010 US$ compare
- 57 Uzbekistan 141.46 billion constant 2010 US$ compare
- 58 Morocco 134.54 billion constant 2010 US$ compare
- 60 Kuwait 116.89 billion constant 2010 US$ compare
- 61 Ecuador 108.80 billion constant 2010 US$ compare
- 62 Slovakia 107.34 billion constant 2010 US$ compare
More population data for Ethiopia
- Population regions with projections, annual growth rate 0.4782 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 1.28 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.4782 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.2918 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.229 % change on previous year (2100)
- Population growth rate 0.484 (2100)
- Population density 325.45 (2100)
- Projected population under age 5 23.22 million (2100)
- Population growth rate by level of development 0.484 (2100)
- Urbanization vs gdp, annual growth rate 2.06 % change on previous year (2025)
Frequently asked questions
- What is gdp at market prices in Ethiopia?
- Gdp at market prices in Ethiopia was 121.01 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Ethiopia?
- The highest recorded value was 121.01 billion constant 2010 US$ in 2024.
- What is the lowest gdp at market prices recorded in Ethiopia?
- The lowest recorded value was 7.71 billion constant 2010 US$ in 1970.
- How does Ethiopia rank for gdp at market prices?
- Ethiopia ranks 59th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Ethiopia?
- Over the last ten years it is up 106.8%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release