The Gross Domestic Product (GDP) in Ethiopia expanded 9.20 percent in 2018 from the previous year. GDP Annual Growth Rate in Ethiopia averaged 5.88 percent from 1981 until 2018, reaching an all time high of 13.90 percent in 1986 and a record low of -11.10 percent in 1984.

GDP Annual Growth Rate in Ethiopia is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia GDP Annual Growth Rate is projected to trend around 6.40 percent in 2020, according to our econometric models.

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Ethiopia GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.20 7.70 13.90 -11.10 1981 - 2018 percent Yearly

Ethiopia GDP Annual Growth Rate
Ethiopia is among the fastest growing non-oil economies in the world as the government reforms undertaken in recent years have succeeded in opening the economy to foreign direct investments and resulted in expansion of commercial agriculture and manufacturing industry.

Ethiopia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 9.20 7.70 13.90 -11.10 percent [+]
GDP 84.36 81.72 84.36 6.93 USD Billion [+]
GDP per capita 570.30 548.10 570.30 164.30 USD [+]
GDP per capita PPP 1794.29 1724.48 1794.29 517.03 USD [+]
GDP Constant Prices 1874.70 1719.50 1874.70 184.60 ETB Billion [+]
GDP From Agriculture 624.00 600.90 624.00 98.30 ETB Billion [+]
GDP From Manufacturing 526.20 464.40 526.20 17.70 ETB Billion [+]
GDP From Services 745.70 673.90 745.70 69.40 ETB Billion [+]