Sub-Saharan Africa · Low income

Ethiopia: the economy in numbers

Per person: $933, or $3,622 at purchasing power parity. Population: 135 million (2025).

$126B+9.8%real GDP growth, 2025

GDP in 2025, current US dollars: #67 of 204 economies. IMF forecast for 2026: +9.2%.

GDP per capita

$933

2025 · #192 of 204

GDP per capita, PPP

$3,622

2025 · #178 of 197

Inflation

13.2%

2025 · IMF forecast 2026: 11.7%

Government debt

43.3%

2025 · % of GDP, general government

Population

135M

2025 · #10 of 217

Unemployment

3.3%

2025 · ILO estimate

Life expectancy

67.6 years

2024

GDP

Adjusted for US inflation, in 2025 dollars: $17.5 billion in 1960, $126 billion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $821 per person in 1960, $933 in 2025.

GDP per capitaGDP per capita, PPP (international $)

PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: 7.5% a year. Years of falling GDP since 1962: 8 of 64.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose 31.3 times from 2000 to 2025. Highest annual inflation: 44.4% in 2008.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 1992: 155.2% of GDP in 1994. IMF forecast for 2031: 27.5%.

General government (IMF)Central government only (World Bank)

Shaded: IMF forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)
Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 21.4 million · 2025: 135 million.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 3.3% · 2025: 3.3%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 39.6 years · 2024: 67.6 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

2011: 16.7% · 2025: 13.3%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table

Year	GDP	GDP per capita	Per capita, PPP	Real growth	Inflation	Gov. debt, % GDP	Population	Unemployment	Life expectancy	Exports, % GDP
2031				7.7%^f	6.7%^f	27.5%^f
2030				8.0%^f	6.8%^f	29.7%^f
2029				8.2%^f	7.8%^f	31.8%^f
2028				8.2%^f	9.2%^f	34.2%^f
2027				7.8%^f	12.3%^f	37.0%^f
2026				9.2%^f	11.7%^f	40.7%^f
2025	$126B	$933	$3,622	9.8%	13.2%	43.3%	135M	3.3%		13.3%
2024	$150B	$1,134	$3,292	7.6%	21.0%	33.5%	132M	3.4%	67.6	5.5%
2023	$136B	$1,056	$3,063	6.6%	30.2%	38.7%	129M	3.4%	67.3	6.6%
2022	$123B	$982	$2,844	5.3%	33.9%	46.9%	125M	3.4%	66.9	8.2%
2021	$109B	$893	$2,588	5.6%	26.8%	53.8%	122M	3.9%	65.3	7.6%
2020	$98.7B	$830	$2,407	6.1%	20.4%	53.2%	119M	4.0%	66.0	7.1%
2019	$91.8B	$793	$2,242	8.4%	15.8%	54.7%	116M	2.9%	65.7	7.9%
2018	$83.3B	$740	$2,095	6.8%	13.8%	58.4%	113M	2.8%	65.3	8.4%
2017	$76.4B	$696	$2,005	9.6%	10.7%	55.3%	110M	2.7%	64.8	7.6%
2016	$68.5B	$642	$1,858	9.4%	6.6%	51.8%	107M	2.6%	64.2	7.8%
2015	$62.1B	$598	$1,633	10.4%	9.6%	50.7%	104M	2.4%	63.6	9.4%
2014	$55.6B	$550	$1,485	10.3%	6.9%	44.2%	101M	2.4%	62.9	11.6%
2013	$47.6B	$484	$1,253	10.6%	7.5%	44.1%	98.4M	2.3%	62.2	12.5%
2012	$43.3B	$452	$1,179	8.6%	23.6%	39.4%	95.8M	2.3%	61.4	13.8%
2011	$32B	$343	$1,098	11.2%	33.2%	44.6%	93.1M	2.3%	60.6	16.7%
2010	$29.9B	$331	$996	12.6%	8.1%	39.4%	90.5M	2.3%	59.7
2009	$32.4B	$369	$899	8.8%	8.5%	30.0%	88M	2.3%	58.7
2008	$27.1B	$316	$845	10.8%	44.4%	56.1%	85.5M	2.3%	57.7
2007	$19.7B	$237	$770	11.5%	17.2%	55.7%	83.1M	2.3%	56.6
2006	$15.3B	$189	$693	10.8%	12.3%	79.6%	80.7M	2.3%	55.4
2005	$12.4B	$158	$625	11.8%	10.0%	78.2%	78.4M	2.5%	54.4
2004	$10.1B	$133	$558	13.6%	3.3%	103.1%	76.1M	2.8%	53.7
2003	$8.62B	$117	$493	−2.2%	13.7%	103.7%	73.8M	3.0%	52.9
2002	$7.85B	$110	$509	1.5%	0.7%	107.4%	71.6M	3.1%	52.1
2001	$8.23B	$118	$509	8.3%	−8.2%	97.3%	69.5M	3.2%	51.4
2000	$8.24B	$122	$474	6.1%	0.7%	93.6%	67.4M	3.5%	50.9
1999	$7.89B	$121	$450	5.2%	7.9%	97.8%	65.4M	3.7%	49.5
1998	$8.01B	$126	$436	−3.5%	0.9%	89.3%	63.4M	3.5%	49.8
1997	$8.8B	$143	$461	3.1%	2.4%	80.3%	61.4M	3.2%	49.2
1996	$8.76B	$147	$453	12.4%	−8.5%	132.8%	59.5M	3.1%	48.7
1995	$7.86B	$137	$409	6.1%	10.0%	146.6%	57.5M	3.0%	48.2
1994	$7.1B	$128	$391	3.2%	7.6%	155.2%	55.6M	3.1%	47.9
1993	$9.05B	$169	$384	13.1%	3.5%	141.0%	53.7M	3.3%	47.7
1992	$10.8B	$207	$343	−8.7%	10.5%	87.9%	51.9M	3.4%	47.3
1991	$13.8B	$278	$383	−7.1%	35.7%		49.7M	3.3%	46.7
1990	$12.5B	$262	$417	2.7%	5.2%		47.6M		45.1
1989	$11.8B	$256		−0.4%	7.8%		45.9M		45.6
1988	$11.2B	$253		0.5%	7.1%		44.2M		45.7
1987	$10.8B	$254		13.9%	−2.4%		42.5M		45.9
1986	$10.1B	$246		9.7%	−9.8%		41M		38.4
1985	$9.72B	$244		−11.1%	19.1%		39.8M		37.7
1984	$8.3B	$214		−2.8%	8.4%		38.7M		36.7
1983	$8.78B	$233		8.2%	−0.7%		37.7M		36.3
1982	$7.9B	$215		0.9%	5.9%		36.7M		43.4
1981	$7.51B	$213		4.4%	6.1%		35.3M		43.1
1980	$7.01B	$204		6.4%	4.5%		34.4M		42.8
1979	$6.59B	$192		−1.1%	16.0%		34.2M		42.4
1978	$6.01B	$178		2.7%	14.3%		33.7M		41.5
1977	$5.65B	$170		2.7%	16.7%		33.2M		41.4
1976	$4.94B	$152		0.1%	28.5%		32.5M		41.3
1975	$4.58B	$144		1.2%	6.6%		31.7M		38.9
1974	$4.58B	$148		3.3%	8.6%		31M		39.1
1973	$4.07B	$135		5.1%	8.9%		30.2M		41.1
1972	$3.52B	$120		4.2%	−6.1%		29.4M		41.0
1971	$3.22B	$113		6.5%	0.5%		28.6M		42.2
1970	$3.05B	$109		3.5%	10.1%		27.8M		42.1
1969	$2.77B	$102		1.4%	1.4%		27.1M		42.1
1968	$2.62B	$99		4.1%	0.2%		26.3M		42.1
1967	$2.46B	$96		4.1%	0.8%		25.6M		41.9
1966	$2.32B	$93		7.3%	−1.4%		25M		39.3
1965	$2.16B	$89		5.8%			24.3M		41.4
1964	$1.98B	$84		4.1%			23.7M		41.3
1963	$1.83B	$79		4.5%			23.1M		41.0
1962	$1.75B	$78		4.3%			22.5M		40.5
1961	$1.68B	$77					21.9M		40.2
1960	$1.61B	$75					21.4M		39.6

e: IMF estimate; f: IMF forecast.

Nearby economies in Sub-Saharan Africa

Nearest by distance between capitals, with GDP per capita.

Eritrea

$689 per person (2011)

South Sudan

$1,080 per person (2015)

Sudan

$1,165 per person (2025)

Somalia

$661 per person (2025)

Kenya

$2,363 per person (2025)

Uganda

$1,206 per person (2025)

Rwanda

$1,124 per person (2025)

Tanzania

$1,319 per person (2025)

Angola · Benin · Botswana · Burkina Faso · Burundi · Cabo Verde · Cameroon · Central African Republic · Chad · Comoros · Côte d’Ivoire · DR Congo · Equatorial Guinea · Eritrea · Eswatini · Ethiopia · Gabon · Gambia · Ghana · Guinea · Guinea-Bissau · Kenya · Lesotho · Liberia · Madagascar · Malawi · Mali · Mauritania · Mauritius · Mozambique · Namibia · Niger · Nigeria · Republic of the Congo · Rwanda · Senegal · Seychelles · Sierra Leone · Somalia · South Africa · South Sudan · Sudan · São Tomé and Príncipe · Tanzania · Togo · Uganda · Zambia · Zimbabwe

Rankings

GDP by country · GDP per capita · Real GDP growth · Inflation by country · Government debt to GDP · Stock market to GDP · Population by country · Unemployment by country

Data and methods

GDP: gross domestic product in current US dollars, converted from the local currency at market exchange rates (World Bank); not adjusted for inflation.
Purchasing power parity (PPP): GDP per person in international dollars, which buy the same basket of goods and services in every country. It compares living standards across countries in the same year; it is not adjusted for inflation over time.
In 2025 dollars: the charts can remove US inflation (US consumer price index, annual average) so that dollar amounts from different years compare in today's money. Exchange rate swings still show.
Growth and inflation: World Bank data (calendar years). Years the World Bank does not cover yet, and the estimates and forecasts, come from the IMF World Economic Outlook (October 2026): its forecasts start in 2026, and the years after a country's last actual year are IMF estimates.
Government debt: gross debt of the general government (central, state and local government and social security funds) as a percentage of GDP, IMF. The World Bank's central government debt is narrower and covers fewer countries.
Stock market capitalization: the end-of-year value of domestic companies listed on the country's exchanges (World Federation of Exchanges via the World Bank; before 2016, Standard & Poor's), as a percentage of GDP: the “Buffett indicator”. Investment funds are excluded, and so are companies listed only abroad; companies from elsewhere that list on an exchange count for its country (Hong Kong lists many mainland Chinese companies).
Unemployment: ILO modeled estimates (share of the labor force); comparable across countries, but they may differ from national figures.
Fiscal year: the IMF reports this economy by fiscal year (latest actual: FY2024/25), so IMF numbers can differ from calendar-year World Bank figures.

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)