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 | 127 USD Billion | 2022 |
| GDP Annual Growth Rate | 7.5 % | 2022 |
| GDP per capita | 857 USD | 2022 |
| Inflation Rate YoY | 28.2 % | Aug/23 |
| Interest Rate | 7 % | Sep/23 |
| Unemployment Rate | 19.1 % | 2018 |
| Balance of Trade | -3290 USD Million | -3.29 B USD | 1Q/23 |
| Current Account | -845 USD Million | -0.845 B USD | 1Q/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 127 USD Billion | 2022 |
| GDP Annual Growth Rate | 7.5 % | 2022 |
| GDP per capita | 857 USD | 2022 |
| GDP Constant Prices | 2249 ETB Billion | 40.4 B USD | 2021 |
| GDP per capita PPP | 2381 USD | 2022 |
| GDP From Agriculture | 728 ETB Billion | 13.077 B USD | 2021 |
| GDP From Manufacturing | 649 ETB Billion | 11.658 B USD | 2021 |
| GDP From Services | 900 ETB Billion | 16.167 B USD | 2021 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 31.4 % | 2021 |
| Government Budget to GDP | -4.2 % | 2022 |
| Military Expenditure | 1031 USD Million | 1.031 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 398 Index points | Aug/23 |
| Food Inflation | 27.3 % | Jul/23 |
| Inflation Rate YoY | 28.2 % | Aug/23 |
| Inflation Rate Mom | 2.4 % | Aug/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 | -4.3 % | 2022 |
| Balance of Trade | -3290 USD Million | -3.29 B USD | 1Q/23 |
| Current Account | -845 USD Million | -0.845 B USD | 1Q/23 |
| Exports | 874 USD Million | 0.874 B USD | 1Q/23 |
| Imports | 4163 USD Million | 4.163 B USD | 1Q/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 7 % | Sep/23 |
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 % | 2023 |
| Personal Income Tax Rate | 35 % | 2022 |
| Sales Tax Rate | 15 % | 2023 |
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 |
