GDP Growth Rate
Year -
7.32%
In 2024, Ethiopia experienced a significant an increase in its GDP growth rate, which rise to 7.32% from 6.59% in 2023. Additionally, the GDP per capita growth rate in Ethiopia increase to 4.58% in 2024, compared to 3.85% in 2023.
In 2024, Ethiopia experienced a increase in economic performance, with the GDP growth rate rising by 0.73%. Additionally, the GDP per capita growth rate increase by 0.73%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | 4.33 | - | 1.73 | - |
| 1963 | 4.52% | 0.19% | 1.86% | 0.13% |
| 1964 | 4.09% | -0.43% | 1.39% | -0.47% |
| 1965 | 5.77% | 1.68% | 2.97% | 1.58% |
| 1966 | 7.26% | 1.49% | 4.5% | 1.53% |
| 1967 | 4.06% | -3.20% | 1.35% | -3.15% |
| 1968 | 4.14% | 0.08% | 1.3% | -0.05% |
| 1969 | 1.39% | -2.75% | -1.36% | -2.66% |
| 1970 | 3.48% | 2.09% | 0.67% | 2.03% |
| 1971 | 6.53% | 3.05% | 3.65% | 2.98% |
| 1972 | 4.23% | -2.30% | 1.48% | -2.17% |
| 1973 | 5.11% | 0.88% | 2.35% | 0.87% |
| 1974 | 3.27% | -1.84% | 0.64% | -1.71% |
| 1975 | 1.25% | -2.02% | -1.2% | -1.84% |
| 1976 | 0.15% | -1.10% | -2.35% | -1.15% |
| 1977 | 2.73% | 2.58% | 0.77% | 3.12% |
| 1978 | 2.74% | 0.01% | 1.01% | 0.24% |
| 1979 | -1.1% | -3.84% | -2.56% | -3.57% |
| 1980 | 6.42% | 7.52% | 5.84% | 8.40% |
| 1981 | 4.38% | -2.04% | 1.79% | -4.05% |
| 1982 | 0.92% | -3.46% | -2.93% | -4.72% |
| 1983 | 8.24% | 7.32% | 5.25% | 8.18% |
| 1984 | -2.85% | -11.09% | -5.34% | -10.59% |
| 1985 | -11.14% | -8.29% | -13.61% | -8.27% |
| 1986 | 9.66% | 20.80% | 6.47% | 20.08% |
| 1987 | 13.86% | 4.20% | 10.05% | 3.58% |
| 1988 | 0.5% | -13.36% | -3.35% | -13.40% |
| 1989 | -0.36% | -0.86% | -4.12% | -0.77% |
| 1990 | 2.73% | 3.09% | -1.01% | 3.11% |
| 1991 | -7.14% | -9.87% | -11.07% | -10.06% |
| 1992 | -8.67% | -1.53% | -12.44% | -1.37% |
| 1993 | 13.14% | 21.81% | 9.23% | 21.67% |
| 1994 | 3.19% | -9.95% | -0.34% | -9.57% |
| 1995 | 6.13% | 2.94% | 2.58% | 2.92% |
| 1996 | 12.43% | 6.30% | 8.78% | 6.20% |
| 1997 | 3.13% | -9.30% | -0.12% | -8.90% |
| 1998 | -3.46% | -6.59% | -6.44% | -6.32% |
| 1999 | 5.16% | 8.62% | 1.93% | 8.37% |
| 2000 | 6.07% | 0.91% | 2.87% | 0.94% |
| 2001 | 8.3% | 2.23% | 5.07% | 2.20% |
| 2002 | 1.51% | -6.79% | -1.53% | -6.60% |
| 2003 | -2.16% | -3.67% | -5.07% | -3.54% |
| 2004 | 13.57% | 15.73% | 10.22% | 15.29% |
| 2005 | 11.82% | -1.75% | 8.55% | -1.67% |
| 2006 | 10.83% | -0.99% | 7.63% | -0.92% |
| 2007 | 11.46% | 0.63% | 8.24% | 0.61% |
| 2008 | 10.79% | -0.67% | 7.63% | -0.61% |
| 2009 | 8.8% | -1.99% | 5.76% | -1.87% |
| 2010 | 12.55% | 3.75% | 9.4% | 3.64% |
| 2011 | 11.18% | -1.37% | 8.06% | -1.34% |
| 2012 | 8.65% | -2.53% | 5.64% | -2.42% |
| 2013 | 10.58% | 1.93% | 7.62% | 1.98% |
| 2014 | 10.26% | -0.32% | 7.34% | -0.28% |
| 2015 | 10.39% | 0.13% | 7.47% | 0.13% |
| 2016 | 9.43% | -0.96% | 6.51% | -0.96% |
| 2017 | 9.56% | 0.13% | 6.62% | 0.11% |
| 2018 | 6.82% | -2.74% | 3.97% | -2.65% |
| 2019 | 8.36% | 1.54% | 5.49% | 1.52% |
| 2020 | 6.06% | -2.30% | 3.22% | -2.27% |
| 2021 | 5.64% | -0.42% | 2.86% | -0.36% |
| 2022 | 5.32% | -0.32% | 2.6% | -0.26% |
| 2023 | 6.59% | 1.27% | 3.85% | 1.25% |
| 2024 | 7.32% | 0.73% | 4.58% | 0.73% |