In 2023, Ethiopia witnessed an increase in its Nominal GDP, rising to 163.70 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 393.41 international billion dollars as per the World Bank's estimates.
Relatedly, in the preceding year of 2022, Ethiopia has Nominal GDP stood at 126.77 billion dollars, while the GDP based on PPP was 356.41 international billion dollars.
The net change in Ethiopia's GDP (Nominal) in 2023 increased by 36.93 billion dollars(22.56%), and GDP (PPP) increased by 37.00 international billion dollars(9.40%).
Source: worldbank Nominal PPP| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 1.61 | - | - | - | - | - |
| 1961 | 1.68 | 0.07 | 4.17 % | - | - | - |
| 1962 | 1.75 | 0.07 | 4.00 % | - | - | - |
| 1963 | 1.83 | 0.08 | 4.37 % | - | - | - |
| 1964 | 1.98 | 0.15 | 7.58 % | - | - | - |
| 1965 | 2.16 | 0.18 | 8.33 % | - | - | - |
| 1966 | 2.32 | 0.16 | 6.90 % | - | - | - |
| 1967 | 2.46 | 0.14 | 5.69 % | - | - | - |
| 1968 | 2.62 | 0.16 | 6.11 % | - | - | - |
| 1969 | 2.77 | 0.15 | 5.42 % | - | - | - |
| 1970 | 3.05 | 0.28 | 9.18 % | - | - | - |
| 1971 | 3.22 | 0.17 | 5.28 % | - | - | - |
| 1972 | 3.52 | 0.30 | 8.52 % | - | - | - |
| 1973 | 4.07 | 0.55 | 13.51 % | - | - | - |
| 1974 | 4.58 | 0.51 | 11.14 % | - | - | - |
| 1975 | 4.58 | 0.00 | 0.00 % | - | - | - |
| 1976 | 4.94 | 0.36 | 7.29 % | - | - | - |
| 1977 | 5.65 | 0.71 | 12.57 % | - | - | - |
| 1978 | 6.01 | 0.36 | 5.99 % | - | - | - |
| 1979 | 6.59 | 0.58 | 8.80 % | - | - | - |
| 1980 | 7.01 | 0.42 | 5.99 % | - | - | - |
| 1981 | 7.51 | 0.50 | 6.66 % | - | - | - |
| 1982 | 7.90 | 0.39 | 4.94 % | - | - | - |
| 1983 | 8.78 | 0.88 | 10.02 % | - | - | - |
| 1984 | 8.30 | -0.48 | -5.78 % | - | - | - |
| 1985 | 9.72 | 1.42 | 14.61 % | - | - | - |
| 1986 | 10.09 | 0.37 | 3.67 % | - | - | - |
| 1987 | 10.79 | 0.70 | 6.49 % | - | - | - |
| 1988 | 11.18 | 0.39 | 3.49 % | - | - | - |
| 1989 | 11.76 | 0.58 | 4.93 % | - | - | - |
| 1990 | 12.48 | 0.72 | 5.77 % | 19.85 | - | - |
| 1991 | 13.80 | 1.32 | 9.57 % | 19.06 | -0.79 | -4.14 % |
| 1992 | 10.75 | -3.05 | -28.37 % | 17.80 | -1.26 | -7.08 % |
| 1993 | 9.05 | -1.70 | -18.78 % | 20.62 | 2.82 | 13.68 % |
| 1994 | 7.10 | -1.95 | -27.46 % | 21.73 | 1.11 | 5.11 % |
| 1995 | 7.86 | 0.76 | 9.67 % | 23.55 | 1.82 | 7.73 % |
| 1996 | 8.76 | 0.90 | 10.27 % | 26.96 | 3.41 | 12.65 % |
| 1997 | 8.80 | 0.04 | 0.45 % | 28.29 | 1.33 | 4.70 % |
| 1998 | 8.01 | -0.79 | -9.86 % | 27.61 | -0.68 | -2.46 % |
| 1999 | 7.89 | -0.12 | -1.52 % | 29.45 | 1.84 | 6.25 % |
| 2000 | 8.24 | 0.35 | 4.25 % | 31.95 | 2.50 | 7.82 % |
| 2001 | 8.23 | -0.01 | -0.12 % | 35.38 | 3.43 | 9.69 % |
| 2002 | 7.85 | -0.38 | -4.84 % | 36.47 | 1.09 | 2.99 % |
| 2003 | 8.62 | 0.77 | 8.93 % | 36.39 | -0.08 | -0.22 % |
| 2004 | 10.13 | 1.51 | 14.91 % | 42.44 | 6.05 | 14.26 % |
| 2005 | 12.40 | 2.27 | 18.31 % | 48.94 | 6.50 | 13.28 % |
| 2006 | 15.28 | 2.88 | 18.85 % | 55.92 | 6.98 | 12.48 % |
| 2007 | 19.71 | 4.43 | 22.48 % | 64.01 | 8.09 | 12.64 % |
| 2008 | 27.07 | 7.36 | 27.19 % | 72.28 | 8.27 | 11.44 % |
| 2009 | 32.44 | 5.37 | 16.55 % | 79.13 | 6.85 | 8.66 % |
| 2010 | 29.93 | -2.51 | -8.39 % | 90.15 | 11.02 | 12.22 % |
| 2011 | 31.95 | 2.02 | 6.32 % | 102.29 | 12.14 | 11.87 % |
| 2012 | 43.31 | 11.36 | 26.23 % | 112.94 | 10.65 | 9.43 % |
| 2013 | 47.65 | 4.34 | 9.11 % | 123.33 | 10.39 | 8.42 % |
| 2014 | 55.61 | 7.96 | 14.31 % | 150.12 | 26.79 | 17.85 % |
| 2015 | 64.59 | 8.98 | 13.90 % | 169.58 | 19.46 | 11.48 % |
| 2016 | 74.30 | 9.71 | 13.07 % | 198.23 | 28.65 | 14.45 % |
| 2017 | 81.77 | 7.47 | 9.14 % | 219.85 | 21.62 | 9.83 % |
| 2018 | 84.27 | 2.50 | 2.97 % | 236.07 | 16.22 | 6.87 % |
| 2019 | 95.91 | 11.64 | 12.14 % | 259.54 | 23.47 | 9.04 % |
| 2020 | 107.66 | 11.75 | 10.91 % | 286.21 | 26.67 | 9.32 % |
| 2021 | 111.26 | 3.60 | 3.24 % | 316.15 | 29.94 | 9.47 % |
| 2022 | 126.77 | 15.51 | 12.23 % | 356.41 | 40.26 | 11.30 % |
| 2023 | 163.70 | 36.93 | 22.56 % | 393.41 | 37.00 | 9.40 % |