- Ethiopia per capita income 2018. 1% growth in FY2023/24. 8% from 4. 1 % from 12. dollars, though the increase Development of GDP per capita Ethiopia's resources have enabled the country—unlike most sub-Saharan African countries—to maintain contacts with the outside world for centuries. 5 million people (2023), Ethiopia is the second most populous nation in Africa after Nigeria, and one of the fastest-growing economies in the region, with an estimated 8. GDP growth rates and charts Explore Ethiopia's GDP per capita data and trends with IMF's World Economic Outlook insights. Year-on-year inflation reached 13. dollars in 2024. Carbon dioxide (CO2) emissions excluding LULUCF per capita (t CO2e/capita) 0. Real per capita GDP more than doubled from $32 billion in 2010/11 to $81 billion in 2016/17 as a result per capita income also doubled from $396 to $862 in the same period. From 1980 to 2024, the GDP per capita rose by 1,092. [41] Since ancient times, Ethiopian traders exchanged gold, ivory, musk, and wild animal skins for salt and luxury goods, such as silk and velvet. This rate is 1 -tenth of one percent higher than the figure of 7. Oct 9, 2023 · The three leaders who were pivotal in propelling Ethiopia’s rapid growth were Meles Zenawi (1991-2012), Hailemariam Desalegn (2012-2018), and current Prime Minister Abiy Ahmed (2018-Present). GDP per capita (current US$) - Ethiopia Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff estimates, World Bank ( WB ) With an estimate of 93. Track economic data with YCharts analytics. 2 %, and non-food inflation reached 10. Gross Domestic Product of Ethiopia grew 7. Jul 31, 2025 · The gross domestic product (GDP) per capita in Ethiopia was estimated at 1,320. 7% in April 2018 from 8. Source: World Bank. Forms the cornerstone of the economy, dominating employment and export earnings through key commodities like coffee, oilseeds, pulses, cereals, and floriculture. 1 (2023) 2000 2024 0 1 Ethiopia Jul 2, 2025 · The last Article IV Executive Board Consultation was on July 2, 2025. 4 million people, Ethiopia’s per capita GDP was estimated at 19,329 birr, which is equivalent to 862 USD at the official exchange rate1. Listed below are items related to The Federal Democratic Republic of Ethiopia. S. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Dec 31, 2019 · View yearly updates and historical trends for Ethiopia GDP per Capita. 54 U. Current and historical Gross Domestic Product (GDP) of Ethiopia in nominal and real US dollar values. Income Wealth uses GDP per capita derived from World Economics GDP data for 2025 measured in PPP Int$ terms, with added estimates for the Informal economy and adjustments for Base Year age. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. 2% published in 2022. 6 % in the same period. [41] By the late nineteenth century, coffee had become one of Economic and financial data including Ethiopia GDP growth, GDP per capita and more, plus trade and finance sector data. 16 U. 6 % in April 2017; similarly food inflation increased to 16. 3% in 2023 compared to last year. However, it also remains one of the poorest, with a per capita gross national income of $1,020. 18 USD in 2026 and 1120. In 2002, Ethiopia WAS THE POOREST COUNTRY IN AFRICA, with the average Ethiopian earning $120 per year ($197 if adjusted for December 2022 USD). Apr 24, 2025 · With about 126. 38 USD in 2027, according to our econometric models. GDP per capita is gross domestic product divided by midyear population. In the long-term, the Ethiopia GDP per capita is projected to trend around 1043. 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 1976 1975 1974 1973 1972 1971 1970 1969 1968 1967 1966 1965 1964 1963 1962 2024 2023 2022 2021 2020 2019 . We would like to show you a description here but the site won’t allow us. t6mdc caf vacjzlyr mz p02 8y c8j 8wegyk had87s zy
