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Gross Domestic Product (GDP) in Ethiopia

GDP of Ethiopia, 1970-2015

During 1970-2015 GDP of Ethiopia in current prices rose by 57.4 billion US dollars (in 23.4 times) to 59.9 billion US dollars; change occurred by 5.9 billion US dollars by increasing of people by 69.3 million, as well as by 51.5 billion US dollars by increasing of GDP per capita by 518.0 US dollars. The average annual growth of GDP of Ethiopia was 1.3 billion US dollars or 7.3%. The average annual growth of GDP of Ethiopia in constant prices was 4.4%. Share in the world increased by 0.0055%. Share in Africa increased by 0.26%. Minimal GDP was in 1970 (2.6 billion US dollars). Maximal GDP was in 2015 (59.9 billion US dollars).

During 1970-2015 GDP per capita in Ethiopia increased by 518.0 US dollars (in 7.1 times) to 603.0 US dollars. The average annual growth of GDP per capita in current prices was 11.5 US dollars or 4.5%.

GDP of Ethiopia, 1970

GDP of Ethiopia in 1970 was 2.6 billion US dollars, ranked 68th in the world and was on par with GDP of Myanmar (2.7 bln. US dollars), GDP of Uruguay (2.5 bln. US dollars), GDP of Kenya (2.5 bln. US dollars), GDP of Tanzania (2.4 bln. US dollars). Share of Ethiopia in the world GDP was 0.075%.

GDP per capita in Ethiopia in 1970 was equal to 85.0 US dollars, ranked 178th in the world and was on par with GDP per capita in Indonesia (90.0 US dollars), GDP per capita in Yemen (90.0 US dollars), GDP per capita in Sudan (89.0 US dollars), GDP per capita in Nepal (87.0 US dollars), GDP per capita in Comoros (86.0 US dollars), GDP per capita in Burkina Faso (80.0 US dollars). GDP per capita in Ethiopia was less than GDP per capita in the World (924.0 US dollars) by 839.0 US dollars.

Comparison of GDP in Ethiopia and the neighbors in 1970. GDP of Ethiopia was greater than GDP of Kenya (2.5 billion US dollars), GDP of Sudan (1.2 billion US dollars), GDP of Somalia (0.3 billion US dollars), GDP of Djibouti (0.1 billion US dollars). GDP per capita in Ethiopia was less than GDP per capita in Djibouti (414.0 US dollars), GDP per capita in Kenya (224.0 US dollars), GDP per capita in Somalia (99.0 US dollars), GDP per capita in Sudan (89.0 US dollars).

Comparison of GDP in Ethiopia and leaders in 1970. GDP of Ethiopia was less than GDP of the United States (1 075.9 billion US dollars) in 420.4 times, GDP of Germany (215.0 billion US dollars) in 84.0 times, GDP of Japan (211.5 billion US dollars) in 82.7 times, GDP of the United Kingdom (130.7 billion US dollars) in 51.1 times, GDP of China (89.6 billion US dollars) in 35.0 times. GDP per capita in Ethiopia was less than GDP per capita in the United States (5 136.0 US dollars) in 60.4 times, GDP per capita in Germany (2 744.0 US dollars) in 32.3 times, GDP per capita in the United Kingdom (2 350.0 US dollars) in 27.6 times, GDP per capita in Japan (2 040.0 US dollars) in 24.0 times, GDP per capita in China (111.0 US dollars) by 30.6%.

Potential GDP of Ethiopia in 1970. With GDP per capita at the level of the United States (5 136.0 US dollars), GDP of Ethiopia would be 154.6 billion US dollars, it is in 60.4 times more than the actual level. With GDP per capita at the level of the World (924.0 US dollars), GDP of Ethiopia would be 27.8 billion US dollars, it is in 10.9 times more than the actual level. With GDP per capita at the level of Djibouti (414.0 US dollars), as the best neighbor, GDP of Ethiopia would be 12.5 billion US dollars, it is in 4.9 times more than the actual level. With GDP per capita at the level of Africa (296.0 US dollars), GDP of Ethiopia would be 8.9 billion US dollars, it is in 3.5 times more than the actual level. With GDP per capita at the level of Eastern Africa (175.0 US dollars), GDP of Ethiopia would be 5.3 billion US dollars, it is in 2.1 times more than the actual level.

GDP of Ethiopia, 2015

GDP of Ethiopia in 2015 was worth 59.9 billion US dollars, ranked 74th in the world and was on par with GDP of Guatemala (63.8 bln. US dollars), GDP of Kenya (63.4 bln. US dollars), GDP of Myanmar (62.6 bln. US dollars), GDP of Luxembourg (56.8 bln. US dollars). Share of Ethiopia in the world GDP was 0.081%.

GDP per capita in Ethiopia in 2015 was 603.0 US dollars, ranked 199th in the world and was on par with GDP per capita in Northen Korea (642.0 US dollars), GDP per capita in Afghanistan (627.0 US dollars), GDP per capita in Burkina Faso (611.0 US dollars), GDP per capita in Togo (567.0 US dollars). GDP per capita in Ethiopia was less than GDP per capita in the World (10 098.0 US dollars) by 9 495.0 US dollars.

Comparison of GDP in Ethiopia and the neighbors in 2015. GDP of Ethiopia was greater than GDP of Eritrea (4.8 billion US dollars), GDP of Djibouti (1.7 billion US dollars), GDP of Somalia (1.3 billion US dollars), but was less than GDP of Sudan (93.9 billion US dollars), GDP of Kenya (63.4 billion US dollars). GDP per capita in Ethiopia was greater than GDP per capita in Somalia (124.0 US dollars), but was less than GDP per capita in Sudan (2 335.0 US dollars), GDP per capita in Djibouti (1 956.0 US dollars), GDP per capita in Kenya (1 377.0 US dollars), GDP per capita in Eritrea (915.0 US dollars).

Comparison of GDP in Ethiopia and leaders in 2015. GDP of Ethiopia was less than GDP of the United States (18 036.6 billion US dollars) in 301.0 times, GDP of China (11 158.5 billion US dollars) in 186.2 times, GDP of Japan (4 383.1 billion US dollars) in 73.2 times, GDP of Germany (3 363.6 billion US dollars) in 56.1 times, GDP of the United Kingdom (2 858.0 billion US dollars) in 47.7 times. GDP per capita in Ethiopia was less than GDP per capita in the United States (56 054.0 US dollars) in 93.0 times, GDP per capita in the United Kingdom (44 162.0 US dollars) in 73.2 times, GDP per capita in Germany (41 686.0 US dollars) in 69.1 times, GDP per capita in Japan (34 629.0 US dollars) in 57.4 times, GDP per capita in China (8 109.0 US dollars) in 13.4 times.

Potential GDP of Ethiopia in 2015. With GDP per capita at the level of the United States (56 054.0 US dollars), GDP of Ethiopia would be 5 569.8 billion US dollars, it is in 93.0 times more than the actual level. With GDP per capita at the level of the World (10 098.0 US dollars), GDP of Ethiopia would be 1 003.4 billion US dollars, it is in 16.7 times more than the actual level. With GDP per capita at the level of Sudan (2 335.0 US dollars), as the best neighbor, GDP of Ethiopia would be 232.0 billion US dollars, it is in 3.9 times more than the actual level. With GDP per capita at the level of Africa (1 927.0 US dollars), GDP of Ethiopia would be 191.5 billion US dollars, it is in 3.2 times more than the actual level. With GDP per capita at the level of Eastern Africa (780.0 US dollars), GDP of Ethiopia would be 77.5 billion US dollars, it is by 29.4% more than the actual level.

Size of GDP in Ethiopia

Gross Domestic Product (GDP) in Ethiopia, bln. US dollars
Prices197019801990200020102015
current prices2.65.911.58.026.359.9
constant prices19702.63.33.94.710.917.8
20054.86.27.48.920.433.5
Picture. Ethiopia: GDP

GDP in Ethiopia and its neighbors, bln. $
Country197019801990200020102015
Sudan1.26.412.613.169.793.9
Kenya2.510.512.714.540.063.4
Ethiopia2.65.911.58.026.359.9
Eritrea0.712.14.8
Djibouti0.0660.300.460.561.11.7
Somalia0.340.570.992.11.11.3

GDP in Ethiopia and leaders, bln. $
Country197019801990200020102015
United States1 075.92 862.55 979.610 284.814 964.418 036.6
China89.6305.3398.61 214.96 066.411 158.5
Japan211.51 099.73 140.04 887.55 700.14 383.1
Germany215.0946.71 764.91 950.03 417.13 363.6
United Kingdom130.7565.01 093.21 635.42 429.72 858.0
Ethiopia2.65.911.58.026.359.9

Growth of GDP in Ethiopia

Picture. Ethiopia: GDP, growth Picture. Ethiopia: GDP, growth

GDP per capita in Ethiopia

Picture. Ethiopia: GDP per capita Picture. Ethiopia: GDP per capita

GDP per capita in Ethiopia and its neighbors, $
Country197019801990200020102015
Sudan89.0333.0490.0377.01 509.02 335.0
Djibouti414.0839.0777.0769.01 284.01 956.0
Kenya224.0647.0540.0466.0992.01 377.0
Eritrea200.0451.0915.0
Ethiopia85.0157.0225.0121.0300.0603.0
Somalia99.094.0157.0278.0112.0124.0

GDP per capita in Ethiopia and leaders, $
Country197019801990200020102015
United States5 136.012 468.023 649.036 355.048 291.056 054.0
United Kingdom2 350.010 049.019 142.027 781.038 741.044 162.0
Germany2 744.012 113.022 353.023 810.042 483.041 686.0
Japan2 040.09 487.025 685.038 878.044 770.034 629.0
China111.0312.0345.0957.04 524.08 109.0
Ethiopia85.0157.0225.0121.0300.0603.0

Structure of GDP in Ethiopia

Structure of GDP by expenditures, %
Yearconsumption expenditurecapital formationnet export
totalhousehold expendituregovernment expendituretotalfixed capital formation
197088.878.99.911.511.5-0.32
198095.279.915.210.010.0-5.2
199092.172.919.212.512.5-4.5
200088.269.119.122.222.2-12.0
201090.781.59.227.027.0-19.6
201578.269.29.039.339.3-17.5

© Ivan Kushnir

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