Ethiopia's Gross Domestic Product (GDP) has exhibited significant fluctuations and growth trends from 1961 to 2023. In the early years, the economy was characterized by modest growth, with GDP figures gradually increasing but facing challenges due to political instability and droughts. A notable surge began in the early 2000s, propelled by government initiatives aimed at boosting agricultural productivity, infrastructure development, and foreign investment, leading to a rapid escalation in GDP. By 2023, Ethiopia's GDP reached approximately $163.7 billion, reflecting a remarkable transformation over six decades.
Discover additional trends and data on Ethiopia’s yearly net ODA received, Industry sector’s GDP share, Ethiopia’s annual GDP growth rate.
