GDP Growth Rate
Year -
6.5%
In 2023, Ethiopia experienced a significant an increase in its GDP growth rate, which rise to 6.5% from 5.32% in 2022. Additionally, the GDP per capita growth rate in Ethiopia increase to 3.85% in 2023, compared to 2.68% in 2022.
In 2023, Ethiopia experienced a increase in economic performance, with the GDP growth rate rising by 1.18%. Additionally, the GDP per capita growth rate increase by 1.17%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | 4.33 | - | 1.72 | - |
| 1963 | 4.52% | 0.19% | 1.86% | 0.14% |
| 1964 | 4.09% | -0.43% | 1.39% | -0.47% |
| 1965 | 5.77% | 1.68% | 2.98% | 1.59% |
| 1966 | 7.26% | 1.49% | 4.51% | 1.53% |
| 1967 | 4.06% | -3.20% | 1.37% | -3.14% |
| 1968 | 4.14% | 0.08% | 1.31% | -0.06% |
| 1969 | 1.39% | -2.75% | -1.38% | -2.69% |
| 1970 | 3.48% | 2.09% | 0.64% | 2.02% |
| 1971 | 6.53% | 3.05% | 3.63% | 2.99% |
| 1972 | 4.23% | -2.30% | 1.47% | -2.16% |
| 1973 | 5.11% | 0.88% | 2.36% | 0.89% |
| 1974 | 3.27% | -1.84% | 0.67% | -1.69% |
| 1975 | 1.25% | -2.02% | -1.15% | -1.82% |
| 1976 | 0.15% | -1.10% | -2.3% | -1.15% |
| 1977 | 2.73% | 2.58% | 0.8% | 3.10% |
| 1978 | 2.74% | 0.01% | 1.05% | 0.25% |
| 1979 | -1.1% | -3.84% | -2.52% | -3.57% |
| 1980 | 6.42% | 7.52% | 5.86% | 8.38% |
| 1981 | 4.38% | -2.04% | 1.84% | -4.02% |
| 1982 | 0.92% | -3.46% | -2.87% | -4.71% |
| 1983 | 8.24% | 7.32% | 5.34% | 8.21% |
| 1984 | -2.85% | -11.09% | -5.25% | -10.59% |
| 1985 | -11.14% | -8.29% | -13.53% | -8.28% |
| 1986 | 9.66% | 20.80% | 6.57% | 20.10% |
| 1987 | 13.86% | 4.20% | 10.15% | 3.58% |
| 1988 | 0.5% | -13.36% | -3.24% | -13.39% |
| 1989 | -0.36% | -0.86% | -3.99% | -0.75% |
| 1990 | 2.73% | 3.09% | -0.88% | 3.11% |
| 1991 | -7.14% | -9.87% | -10.97% | -10.09% |
| 1992 | -8.67% | -1.53% | -12.31% | -1.34% |
| 1993 | 13.14% | 21.81% | 9.4% | 21.71% |
| 1994 | 3.19% | -9.95% | -0.2% | -9.60% |
| 1995 | 6.13% | 2.94% | 2.7% | 2.90% |
| 1996 | 12.43% | 6.30% | 8.88% | 6.18% |
| 1997 | 3.13% | -9.30% | -0.04% | -8.92% |
| 1998 | -3.46% | -6.59% | -6.37% | -6.33% |
| 1999 | 5.16% | 8.62% | 2.03% | 8.40% |
| 2000 | 6.07% | 0.91% | 2.98% | 0.95% |
| 2001 | 8.3% | 2.23% | 5.18% | 2.20% |
| 2002 | 1.51% | -6.79% | -1.42% | -6.60% |
| 2003 | -2.16% | -3.67% | -4.96% | -3.54% |
| 2004 | 13.57% | 15.73% | 10.36% | 15.32% |
| 2005 | 11.82% | -1.75% | 8.69% | -1.67% |
| 2006 | 10.83% | -0.99% | 7.75% | -0.94% |
| 2007 | 11.46% | 0.63% | 8.32% | 0.57% |
| 2008 | 10.79% | -0.67% | 7.69% | -0.63% |
| 2009 | 8.8% | -1.99% | 5.79% | -1.90% |
| 2010 | 12.55% | 3.75% | 9.42% | 3.63% |
| 2011 | 11.18% | -1.37% | 8.05% | -1.37% |
| 2012 | 8.65% | -2.53% | 5.62% | -2.43% |
| 2013 | 10.58% | 1.93% | 7.58% | 1.96% |
| 2014 | 10.26% | -0.32% | 7.31% | -0.27% |
| 2015 | 10.39% | 0.13% | 7.46% | 0.15% |
| 2016 | 9.43% | -0.96% | 6.5% | -0.96% |
| 2017 | 9.56% | 0.13% | 6.62% | 0.12% |
| 2018 | 6.82% | -2.74% | 4% | -2.62% |
| 2019 | 8.36% | 1.54% | 5.52% | 1.52% |
| 2020 | 6.06% | -2.30% | 3.28% | -2.24% |
| 2021 | 5.64% | -0.42% | 2.93% | -0.35% |
| 2022 | 5.32% | -0.32% | 2.68% | -0.25% |
| 2023 | 6.5% | 1.18% | 3.85% | 1.17% |