GDP in Ethiopia

Ethiopia GDP | Economic News & Forecasts

Ethiopia - GDP

The fast-growing Ethiopian economy is expected to have slowed in the fiscal year that ended on 7 July. An ongoing drought that affected the country’s large agricultural sector caused private consumption and exports growth to slow, which dragged on the overall economic performance. Despite these headwinds, the economy remains in good shape thanks to strong investment and support from international donors. The country’s legislature approved USD 860 million in loans from different sources to finance infrastructure projects and industrial parks primarily. Investment in industrial parks in seen as instrumental to transforming the country into a manufacturing hub and reducing the over-reliance on the primary sector.

Ethiopia - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)8.7  9.9  10.3  10.4  8.0  

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Ethiopia GDP Chart

Ethiopia GDP
Note: GDP, annual variation in %.
Source: National Bank of Ethiopia.

Ethiopia Facts

Exchange Rate23.48-0.04 %Jul 26

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