πͺπΉ Ethiopia
ET / ETH #26
Nomad Score
47.0
Cities
15
Region
African Union,
BRICS,
Horn of Africa,
Africa,
Africa,
Eastern Africa,
Least Developed Countries,
Developing Countries
Currency
ETB
π KEY INDICATORS
GDP per capita (PPP) (2030)
$4,585
GDP (2030)
$217.9B
GDP Growth (2030)
7.5%
β
Inflation (2030)
9.4%
β
Unemployment (2025)
3.3%
β
Population (2030)
119.2M
Pop. Growth (2030)
1.6%
β
Gini Index (2021)
31.1
Govt Debt (2030)
32.1% of GDP
Current Account (2030)
-1.8% of GDP
FDI Inflows (2024)
$4.0B
Life Expectancy (2023)
67.3 yrs
Health Spending (2023)
2.8% of GDP
Internet Users (2021)
16.7%
Mobile Subs (2022)
57.0/100
Trade Openness (2024)
17.4% of GDP
Exchange Rate (2024)
82.60/USD
Foreign Reserves (2024)
$3.8B
π° GDP OVERVIEW
π€ GDP PER CAPITA (PPP)
π INFLATION (CPI)
π· UNEMPLOYMENT
π₯ POPULATION
π FISCAL & TRADE
Govt Debt (2030)
32.1% of GDP
Current Account (2030)
-1.8% of GDP
FDI Inflows (2024)
$4.0B
βοΈ INCOME INEQUALITY (GINI)
Gini Index (2021)
0.31
Assessment
Moderate inequality
π’ BUSINESS ENVIRONMENT
New Business Density (2022)
0.49/1k
Tax Revenue (2024)
3.4% of GDP
Services Sector (2024)
37.5% of GDP
π§ FINANCIAL ACCESS & COSTS
ATMs per 100k (2023)
10.2
Bank Branches per 100k (2023)
14.5
ICT Service Exports (2024)
0.6%
Goods & Services Tax (2024)
2.4%
π HISTORICAL DATA
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. Acct | FDI | Life Exp. | Health | Internet | FX Rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2030 * | $217.9B | $4,585 | 7.5% | 9.4% | - | 119.2M | - | 32.1% | -1.8% | - | - | - | - | - |
| 2029 * | $190.0B | $4,062 | 7.8% | 9.4% | - | 117.4M | - | 34.2% | -1.7% | - | - | - | - | - |
| 2028 * | $165.2B | $3,587 | 8.0% | 9.4% | - | 115.5M | - | 36.4% | -1.9% | - | - | - | - | - |
| 2027 * | $143.6B | $3,169 | 7.7% | 9.4% | - | 113.7M | - | 38.6% | -2.1% | - | - | - | - | - |
| 2026 * | $125.7B | $2,819 | 7.1% | 9.4% | - | 111.9M | - | 41.1% | -2.6% | - | - | - | - | - |
| 2025 | $109.5B | $2,494 | 7.2% | 13.0% | 3.3% | 110.1M | - | 46.7% | -2.9% | - | - | - | - | - |
| 2024 | $142.1B | $3,288 | 8.1% | 21.0% | 3.4% | 108.4M | - | 32.7% | -4.2% | $4.0B | - | - | - | 82.60 |
| 2023 | $159.8B | $3,061 | 7.2% | 30.2% | 3.4% | 105.7M | - | 38.7% | -2.9% | $3.3B | 67.3 | 2.8% | - | 54.60 |
| 2022 | $119.0B | $2,845 | 6.4% | 33.9% | 3.4% | 104.1M | - | 46.9% | -4.3% | $3.7B | 66.9 | 2.9% | - | 51.76 |
| 2021 | $99.3B | $2,588 | 6.3% | 26.8% | 3.9% | 101.9M | 31.1 | 53.8% | -3.2% | $4.3B | 65.3 | 3.2% | 16.7% | 43.73 |
| 2020 | $96.6B | $2,407 | 6.1% | 20.4% | 4.0% | 99.7M | - | 53.7% | -4.6% | $2.4B | 66.0 | 3.5% | 16.1% | 34.93 |
| 2019 | $92.6B | $2,242 | 9.0% | 15.8% | 2.9% | 97.6M | - | 54.7% | -5.3% | $2.5B | 65.7 | 3.2% | 16.0% | 29.07 |
| 2018 | $80.2B | $2,095 | 7.7% | 13.8% | 2.8% | 95.5M | - | 58.4% | -6.5% | $3.4B | 65.3 | 3.3% | 15.9% | 27.43 |
| 2017 | $76.8B | $2,005 | 10.2% | 10.7% | 2.7% | 93.4M | - | 55.3% | -8.5% | $4.0B | 64.8 | 3.5% | 15.6% | 23.87 |
| 2016 | $72.1B | $1,858 | 8.0% | 6.6% | 2.6% | 91.2M | - | 51.8% | -10.9% | $4.1B | 64.2 | 3.6% | 15.4% | 21.73 |
| 2015 | $63.1B | $1,633 | 10.4% | 9.6% | 2.4% | 89.1M | 35.0 | 50.7% | -11.5% | $2.6B | 63.6 | 3.8% | 13.9% | 20.58 |
| 2014 | $54.2B | $1,485 | 10.3% | 7.4% | 2.4% | 87.0M | - | 44.2% | -7.9% | $1.9B | 62.9 | 4.0% | 7.7% | 19.59 |
| 2013 | $46.5B | $1,253 | 9.9% | 8.1% | 2.3% | 84.8M | - | 44.1% | -5.9% | $1.3B | 62.2 | 4.1% | 4.6% | 18.63 |
| 2012 | $42.2B | $1,179 | 8.7% | 24.1% | 2.3% | 82.7M | - | 39.4% | -6.6% | $278.6M | 61.4 | 4.5% | 2.9% | 17.70 |
| 2011 | $30.5B | $1,098 | 11.4% | 33.2% | 2.3% | 80.7M | - | 44.6% | -0.7% | $628.6M | 60.6 | 4.5% | 1.1% | 16.90 |
| 2010 | $26.9B | $996 | 10.6% | 8.1% | 2.3% | 78.8M | 33.2 | 39.4% | -4.5% | $288.3M | 59.7 | 5.5% | 0.8% | 14.41 |
| 2009 | $28.7B | $899 | 10.0% | 8.5% | 2.3% | 76.8M | - | 30.0% | -8.2% | $221.5M | 58.7 | 4.7% | 0.5% | 11.78 |
| 2008 | $26.3B | $845 | 11.2% | 44.4% | 2.3% | 74.9M | - | 56.1% | -5.6% | $108.5M | 57.7 | 4.3% | 0.5% | 9.60 |
| 2007 | $19.3B | $770 | 11.8% | 17.2% | 2.3% | 72.4M | - | 55.7% | -6.2% | $222.0M | 56.6 | 5.0% | 0.4% | 8.97 |
| 2006 | $15.3B | $693 | 11.5% | 13.6% | 2.3% | 70.0M | - | 79.6% | -11.7% | $545.3M | 55.4 | 4.5% | 0.3% | 8.70 |
| 2005 | $12.4B | $625 | 12.6% | 11.7% | 2.5% | 68.3M | - | 78.2% | -7.4% | $265.1M | 54.4 | 4.1% | 0.2% | 8.67 |
π§ CONTINUE EXPLORING ETHIOPIA