GDP in Ethiopia

Ethiopia GDP | Economic News & Forecasts

Ethiopia - GDP

Growth slowed in fiscal year 2017 but nevertheless remained quite robust. The expansion was supported by strong, albeit softening, growth in the manufacturing sector, as well as by robust growth in the services sector. In addition, the banking system remained in good shape, showing solid capitalization and good profitability. Mining activity fell considerably, however, while agricultural output recorded only a modest increase, weighed down by soft commodity prices and overseas sales. In the political arena, the government unveiled a plan at the end of December to improve the country’s business environment. The plan, which is part of the government’s reform drive to open up the economy, includes measures such as enhancing access to credit, revising trade laws and improving power supply.

Ethiopia - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)10.4  10.4  8.0  10.9  -     

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Ethiopia GDP Chart

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

Ethiopia Facts

Exchange Rate28.570.01 %Jan 30
Stock Market0.40.0 %Jan 30

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