GDP growth (annual %) (UNESCO Institute) in Ethiopia

Ethiopia: GDP growth (annual %) (UNESCO Institute) was 7.3% in 2024. ◆ Volatile

Latest (2024)
7.3%
Change on year
up 11.0%
World rank
14th
of 212 countries
All-time high
13.9%
in 1987
All-time low
-11.1%
in 1985
Years of data
55
1970–2024

GDP growth in Ethiopia, 1970–2024

-10010197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

The most recent figure for gdp growth in Ethiopia is 7.3%, measured in 2024.

Compared with earlier readings it is up 11.0% on the previous year and down 28.7% over ten years.

Over the whole period, gdp growth in Ethiopia peaked at 13.9% in 1987 and was at its lowest, -11.1%, in 1985.

Ethiopia ranks 14th of 212 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

GDP growth (annual %) (UNESCO Institute) in Ethiopia, year by year

Annual values for GDP growth (annual %) in Ethiopia, 1970 to 2024.
Year annual % Change
1970 3.5% —
1971 6.5% +87.4%
1972 4.2% -35.2%
1973 5.1% +20.9%
1974 3.3% -35.9%
1975 1.2% -61.9%
1976 0.1% -88.1%
1977 2.7% +1731.7%
1978 2.7% +0.5%
1979 -1.1% -140.2%
1980 6.4% -683.6%
1981 4.4% -31.8%
1982 0.9% -79.1%
1983 8.2% +799.0%
1984 -2.8% -134.6%
1985 -11.1% +291.3%
1986 9.7% -186.7%
1987 13.9% +43.4%
1988 0.5% -96.4%
1989 -0.4% -171.7%
1990 2.7% -855.2%
1991 -7.1% -361.8%
1992 -8.7% +21.5%
1993 13.1% -251.5%
1994 3.2% -75.7%
1995 6.1% +92.1%
1996 12.4% +102.8%
1997 3.1% -74.8%
1998 -3.5% -210.3%
1999 5.2% -249.3%
2000 6.1% +17.6%
2001 8.3% +36.7%
2002 1.5% -81.8%
2003 -2.2% -242.7%
2004 13.6% -728.0%
2005 11.8% -12.9%
2006 10.8% -8.3%
2007 11.5% +5.7%
2008 10.8% -5.8%
2009 8.8% -18.4%
2010 12.6% +42.6%
2011 11.2% -10.9%
2012 8.6% -22.6%
2013 10.6% +22.4%
2014 10.3% -3.1%
2015 10.4% +1.3%
2016 9.4% -9.2%
2017 9.6% +1.4%
2018 6.8% -28.7%
2019 8.4% +22.7%
2020 6.1% -27.6%
2021 5.6% -6.9%
2022 5.3% -5.7%
2023 6.6% +23.9%
2024 7.3% +11.0%

Ethiopia compared with similar countries

  • Ethiopia's 7.3% is above the median for low income countries, which is 4.1%, 1.8× the median. (24 countries reporting)
  • Ethiopia's 7.3% is above the median for Sub-Saharan Africa, which is 4.1%, 1.8× the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP growth (annual %) (UNESCO Institute) in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1977 +1731.7% 0.1% 2.7%
1990 +855.2% -0.4% 2.7%
1983 +799.0% 0.9% 8.2%
2004 +728.0% -2.2% 13.6%
1980 +683.6% -1.1% 6.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.8% -1.1% 6.5% 10
1980s 3.0% -11.1% 13.9% 10
1990s 2.7% -8.7% 13.1% 10
2000s 8.1% -2.2% 13.6% 10
2010s 9.8% 6.8% 12.6% 10
2020s 6.2% 5.3% 7.3% 5

Countries ranked near Ethiopia

  1. 11 Belize 8.2% compare
  2. 12 San Marino 7.9% compare
  3. 13 Benin 7.5% compare
  4. 15 Cape Verde 7.3% compare
  5. 16 Vietnam 7.1% compare
  6. 17 Senegal 6.9% compare

See the full ranking of 212 places →

More population data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is gdp growth in Ethiopia?
Gdp growth in Ethiopia was 7.3% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Ethiopia?
The highest recorded value was 13.9% in 1987.
What is the lowest gdp growth recorded in Ethiopia?
The lowest recorded value was -11.1% in 1985.
How does Ethiopia rank for gdp growth?
Ethiopia ranks 14th out of 212 countries with data for 2024.
Is gdp growth rising or falling in Ethiopia?
Over the last ten years it is down 28.7%. 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 growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Ethiopia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/ethiopia/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release