Economy of Ethiopia. Statistics, Data and Indicators
Ethiopia
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 94 | Corruption rank#104 |
| 159 | Ease of doing business#139 |
Ethiopia Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 111 USD Billion | 2021 |
| GDP Annual Growth Rate | 6.1 % | 2021 |
| GDP per capita | 835 USD | 2021 |
| Inflation Rate YoY | 32 % | Feb/23 |
| Interest Rate | 7 % | Dec/22 |
| Unemployment Rate | 19.1 % | 2018 |
| Balance of Trade | -3576 USD Million | -3.576 B USD | 3Q/22 |
| Current Account | -1554 USD Million | -1.554 B USD | 3Q/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 111 USD Billion | 2021 |
| GDP Annual Growth Rate | 6.1 % | 2021 |
| GDP per capita | 835 USD | 2021 |
| GDP Constant Prices | 2249 ETB Billion | 41.722 B USD | 2021 |
| GDP per capita PPP | 2319 USD | 2021 |
| GDP From Agriculture | 728 ETB Billion | 13.505 B USD | 2021 |
| GDP From Manufacturing | 649 ETB Billion | 12.04 B USD | 2021 |
| GDP From Services | 900 ETB Billion | 16.696 B USD | 2021 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 57 % | 2021 |
| Government Budget to GDP | -2.7 % | 2021 |
| Military Expenditure | 488 USD Million | 0.488 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 339 Index points | Feb/23 |
| Food Inflation | 33.6 % | Jan/23 |
| Inflation Rate YoY | 32 % | Feb/23 |
| Inflation Rate Mom | 1.8 % | Feb/23 |
| CPI Housing Utilities | 134 Index Points | Apr/19 |
| CPI Transportation | 130 Index Points | Apr/19 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -3.2 % | 2021 |
| Balance of Trade | -3576 USD Million | -3.576 B USD | 3Q/22 |
| Current Account | -1554 USD Million | -1.554 B USD | 3Q/22 |
| Exports | 977 USD Million | 0.977 B USD | 3Q/22 |
| Imports | 4553 USD Million | 4.553 B USD | 3Q/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 7 % | Dec/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 19.1 % | 2018 |
| Living Wage Family | 7150 ETB/Month | 210.197 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2022 |
| Personal Income Tax Rate | 35 % | 2021 |
| Sales Tax Rate | 15 % | 2022 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 38 Index Points | 2022 |
| Corruption Rank | 94 place | 2022 |
| Ease of Doing Business | 159 place | 2019 |
| Competitiveness Index | 44.37 Index Points | 2019 |
| Competitiveness Rank | 126 | 2019 |
