Gross domestic product in current prices

126,783,471,598 (US dollars) in 2022

In 2022, GDP for Ethiopia was 126,783 million US dollars. Between 2003 and 2022, GDP of Ethiopia grew substantially from 8,623 million to 126,783 million US dollars rising at an increasing annual rate that reached a maximum of 37.34% in 2008 and then decreased to 13.95% in 2022.

The description is composed by our digital data assistant.

GDP at purchaser's prices 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Date Value Change, %
2022 126,783,471,598 13.95%
2021 111,261,882,958 3.35%
2020 107,657,734,392 12.25%
2019 95,912,607,722 13.82%
2018 84,269,196,626 3.06%
2017 81,770,886,826 10.06%
2016 74,296,745,208 15.03%
2015 64,589,328,551 16.14%
2014 55,612,228,234 16.71%
2013 47,648,276,605 10.01%
2012 43,310,721,414 35.55%
2011 31,952,763,089