Markets Actual Q1 Q2 Q3 Q4 2020
Currency 28.35 27.95 28.02 28.08 28.15 28.28
Overview Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 16.80 14.5 14.5 14.5 14.5 14
Inflation Rate (%) 10.40 9.5 9 8.5 8 10
Balance of Trade (USD Million) -2806.20 -2863 -2806 -2913 -2973 -2936
Current Account to GDP (%) -8.50 -9.8 -9.8 -9.8 -9.8 -8.9
Government Debt to GDP (%) 33.50 30 30 30 30 29
Government Budget (% of GDP) -3.30 -3.3 -3.3 -3.3 -3.3 -3.3
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
GDP Actual Q1 Q2 Q3 Q4 2020
GDP (USD Billion) 80.56 94 94 94 94 105
GDP per capita (USD) 549.80 605 605 605 605 625
GDP per capita PPP (USD) 1729.90 1902 1902 1902 1902 2022
GDP Constant Prices (ETB Billion) 1719.50 1852 1861 1869 1891 2109
GDP From Agriculture (ETB Billion) 600.90 625 628 630 638 711
GDP From Manufacturing (ETB Billion) 464.40 441 443 445 450 502
GDP From Services (ETB Billion) 673.90 676 679 682 690 770
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 16.80 14.5 14.5 14.5 14.5 14
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 10.40 9.5 9 8.5 8 10
Food Inflation (%) 11.40 11.85 11.78 11.71 11.72 11.71
Inflation Rate Mom (%) -0.41 0.36 0.99 0.99 -0.27 0.25
CPI Transportation (Index Points) 122.90 131 140 129 141 155
Consumer Price Index Cpi (Index points) 195.30 203 210 214 212 233
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -2806.20 -2863 -2806 -2913 -2973 -2936
Current Account to GDP (%) -8.50 -9.8 -9.8 -9.8 -9.8 -8.9
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 33.50 30 30 30 30 29
Government Budget (% of GDP) -3.30 -3.3 -3.3 -3.3 -3.3 -3.3
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
Sales Tax Rate (%) 15.00 15 15 15 15 15


This page has economic forecasts for Ethiopia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Ethiopia economy.