Nominal GDP in billions of USD
Year -
$149.74 billions(10.21%)
In 2024, Ethiopia witnessed an increase in its Nominal GDP, rising to 149.74 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 434.15 international billion dollars.
Relatedly, in the preceding year of 2023, Ethiopia has Nominal GDP stood at 135.87 billion dollars, while the GDP based on PPP was 393.91 international billion dollars.
The net change in Ethiopia's GDP (Nominal) in 2024 increased by 13.87 billion dollars(10.21%), and GDP (PPP) increased by 40.24 international billion dollars(10.22%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 1.61 | - | - | - | - | - |
| 1961 | 1.68 | 0.07 | 4.35 % | - | - | - |
| 1962 | 1.75 | 0.07 | 4.17 % | - | - | - |
| 1963 | 1.83 | 0.08 | 4.57 % | - | - | - |
| 1964 | 1.98 | 0.15 | 8.2 % | - | - | - |
| 1965 | 2.16 | 0.18 | 9.09 % | - | - | - |
| 1966 | 2.32 | 0.16 | 7.41 % | - | - | - |
| 1967 | 2.46 | 0.14 | 6.03 % | - | - | - |
| 1968 | 2.62 | 0.16 | 6.5 % | - | - | - |
| 1969 | 2.77 | 0.15 | 5.73 % | - | - | - |
| 1970 | 3.05 | 0.28 | 10.11 % | - | - | - |
| 1971 | 3.22 | 0.17 | 5.57 % | - | - | - |
| 1972 | 3.52 | 0.3 | 9.32 % | - | - | - |
| 1973 | 4.07 | 0.55 | 15.63 % | - | - | - |
| 1974 | 4.58 | 0.51 | 12.53 % | - | - | - |
| 1975 | 4.58 | 0 | 0 % | - | - | - |
| 1976 | 4.94 | 0.36 | 7.86 % | - | - | - |
| 1977 | 5.65 | 0.71 | 14.37 % | - | - | - |
| 1978 | 6.01 | 0.36 | 6.37 % | - | - | - |
| 1979 | 6.59 | 0.58 | 9.65 % | - | - | - |
| 1980 | 7.01 | 0.42 | 6.37 % | - | - | - |
| 1981 | 7.51 | 0.5 | 7.13 % | - | - | - |
| 1982 | 7.90 | 0.39 | 5.19 % | - | - | - |
| 1983 | 8.78 | 0.88 | 11.14 % | - | - | - |
| 1984 | 8.30 | -0.48 | -5.47 % | - | - | - |
| 1985 | 9.72 | 1.42 | 17.11 % | - | - | - |
| 1986 | 10.09 | 0.37 | 3.81 % | - | - | - |
| 1987 | 10.79 | 0.7 | 6.94 % | - | - | - |
| 1988 | 11.18 | 0.39 | 3.61 % | - | - | - |
| 1989 | 11.76 | 0.58 | 5.19 % | - | - | - |
| 1990 | 12.48 | 0.72 | 6.12 % | 19.85 | - | - |
| 1991 | 13.80 | 1.32 | 10.58 % | 19.06 | -0.79 | -3.98 % |
| 1992 | 10.75 | -3.05 | -22.1 % | 17.80 | -1.26 | -6.61 % |
| 1993 | 9.05 | -1.7 | -15.81 % | 20.62 | 2.82 | 15.84 % |
| 1994 | 7.10 | -1.95 | -21.55 % | 21.73 | 1.11 | 5.38 % |
| 1995 | 7.86 | 0.76 | 10.7 % | 23.55 | 1.82 | 8.38 % |
| 1996 | 8.76 | 0.9 | 11.45 % | 26.96 | 3.41 | 14.48 % |
| 1997 | 8.80 | 0.04 | 0.46 % | 28.29 | 1.33 | 4.93 % |
| 1998 | 8.01 | -0.79 | -8.98 % | 27.61 | -0.68 | -2.4 % |
| 1999 | 7.89 | -0.12 | -1.5 % | 29.45 | 1.84 | 6.66 % |
| 2000 | 8.24 | 0.35 | 4.44 % | 31.95 | 2.5 | 8.49 % |
| 2001 | 8.23 | -0.01 | -0.12 % | 35.38 | 3.43 | 10.74 % |
| 2002 | 7.85 | -0.38 | -4.62 % | 36.47 | 1.09 | 3.08 % |
| 2003 | 8.62 | 0.77 | 9.81 % | 36.39 | -0.08 | -0.22 % |
| 2004 | 10.13 | 1.51 | 17.52 % | 42.44 | 6.05 | 16.63 % |
| 2005 | 12.40 | 2.27 | 22.41 % | 48.94 | 6.5 | 15.32 % |
| 2006 | 15.28 | 2.88 | 23.23 % | 55.92 | 6.98 | 14.26 % |
| 2007 | 19.71 | 4.43 | 28.99 % | 64.01 | 8.09 | 14.47 % |
| 2008 | 27.07 | 7.36 | 37.34 % | 72.28 | 8.27 | 12.92 % |
| 2009 | 32.44 | 5.37 | 19.84 % | 79.13 | 6.85 | 9.48 % |
| 2010 | 29.93 | -2.51 | -7.74 % | 90.15 | 11.02 | 13.93 % |
| 2011 | 31.95 | 2.02 | 6.75 % | 102.29 | 12.14 | 13.47 % |
| 2012 | 43.31 | 11.36 | 35.56 % | 112.94 | 10.65 | 10.41 % |
| 2013 | 47.65 | 4.34 | 10.02 % | 123.33 | 10.39 | 9.2 % |
| 2014 | 55.61 | 7.96 | 16.71 % | 150.12 | 26.79 | 21.72 % |
| 2015 | 62.10 | 6.49 | 11.67 % | 169.58 | 19.46 | 12.96 % |
| 2016 | 68.48 | 6.38 | 10.27 % | 198.23 | 28.65 | 16.89 % |
| 2017 | 76.37 | 7.89 | 11.52 % | 219.85 | 21.62 | 10.91 % |
| 2018 | 83.34 | 6.97 | 9.13 % | 236.07 | 16.22 | 7.38 % |
| 2019 | 91.83 | 8.49 | 10.19 % | 259.54 | 23.47 | 9.94 % |
| 2020 | 98.68 | 6.85 | 7.46 % | 286.21 | 26.67 | 10.28 % |
| 2021 | 109.07 | 10.39 | 10.53 % | 316.15 | 29.94 | 10.46 % |
| 2022 | 123.14 | 14.07 | 12.9 % | 356.71 | 40.56 | 12.83 % |
| 2023 | 135.87 | 12.73 | 10.34 % | 393.91 | 37.2 | 10.43 % |
| 2024 | 149.74 | 13.87 | 10.21 % | 434.15 | 40.24 | 10.22 % |