Economy of Ethiopia. Statistics, Data and Indicators
Ethiopia
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 87 | 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 | 8.7 % | 2021 |
| GDP per capita | 827 USD | 2020 |
| Inflation Rate YoY | 37.7 % | May/22 |
| Interest Rate | 7 % | Dec/21 |
| Unemployment Rate | 19.1 % | 2018 |
| Balance of Trade | -3434 USD Million | -3.434 B USD | 4Q/21 |
| Current Account | -1405 USD Million | -1.405 B USD | 4Q/21 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 111 USD Billion | 2021 |
| GDP Annual Growth Rate | 8.7 % | 2021 |
| GDP per capita | 827 USD | 2020 |
| GDP Constant Prices | 2114 ETB Billion | 40.513 B USD | 2020 |
| GDP per capita PPP | 2600 USD | 2021 |
| GDP From Agriculture | 686 ETB Billion | 13.147 B USD | 2020 |
| GDP From Manufacturing | 619 ETB Billion | 11.863 B USD | 2020 |
| GDP From Services | 836 ETB Billion | 16.021 B USD | 2020 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 59 % | 2020 |
| Government Budget to GDP | -2.7 % | 2021 |
| Military Expenditure | 460 USD Million | 0.46 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 280 Index points | May/22 |
| Food Inflation | 43.9 % | May/22 |
| Inflation Rate YoY | 37.7 % | May/22 |
| Inflation Rate Mom | 2.6 % | May/22 |
| CPI Housing Utilities | 134 Index Points | Apr/19 |
| CPI Transportation | 130 Index Points | Apr/19 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -4.4 % | 2020 |
| Balance of Trade | -3434 USD Million | -3.434 B USD | 4Q/21 |
| Current Account | -1405 USD Million | -1.405 B USD | 4Q/21 |
| Exports | 917 USD Million | 0.917 B USD | 4Q/21 |
| Imports | 4350 USD Million | 4.35 B USD | 4Q/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 7 % | Dec/21 |
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 % | 2021 |
| Personal Income Tax Rate | 35 % | 2021 |
| Sales Tax Rate | 15 % | 2021 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 39 Index Points | 2021 |
| Corruption Rank | 87 place | 2021 |
| Ease of Doing Business | 159 place | 2019 |
| Competitiveness Index | 44.37 Index Points | 2019 |
| Competitiveness Rank | 126 | 2019 |
