Ethiopia Overview: Development news, research, data | World Bank
WEB3 days ago · With about 126.5 million people (2023), Ethiopia is the second most populous nation in Africa after Nigeria, and one of the fastest-growing economies in the region, with an estimated 7.2% growth in FY2022/23. However, it also remains one of the poorest, with a per capita gross national income of $1,020.
Economy of Ethiopia - Wikipedia
WEBEthiopia's economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20. Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [77] Industry, mainly construction, and services accounted for most of the growth.
Ethiopia Economy, Politics and GDP Growth Summary - The …
WEBIn brief. Political instability will remain high in 2024 owing to high levels of insecurity nationwide. A fragile peace deal in the Tigray region and active insurgencies in Amhara and Oromia regions present the major stability and security risks.
UNDP Ethiopia Quarterly Economic Profile January 2024
WEBFeb 19, 2024 · Economic Growth: Ethiopia’s economy grew by 7.2 percent in 2023 according to the Government figures, while the IMF estimated the economy grew by 6.1 percent. Services sector remains resilient, while manufacturing continues to be weak.
Ethiopia Economic Outlook - African Development Bank Group
WEBEthiopia’s economy grew 7.1% in 2022/23, up from 6.4% in 2021/22, led by 7.9% growth in the services sector, which accounts for 40% of GDP. Industry, at 28% of GDP, grew 6.9% and agriculture, at 32% of GDP, grew 6.3%, also supporting growth.
Ethiopia | Data - World Bank Data
WEBEthiopia Global Economic Prospects examines trends for the world economy and how they affect developing countries. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.
GDP growth (annual %) - Ethiopia | Data - World Bank Data
WEBMost Recent Year. Most Recent Value. GDP growth (annual %) - Ethiopia from The World Bank: Data.
Ethiopia Economic Update: Ensuring Ethiopia’s Full Recovery …
WEBApr 28, 2021 · The latest World Bank economic analysis for Ethiopia shows despite continued depressed external demands of goods and services, the country’s economy is poised to rebound.
Ethiopia: Development news, research, data | World Bank
WEBKey priorities include supporting home-grown reforms to transition Ethiopia to a more inclusive economy where the private sector plays a significant role in growth.
Ethiopia Economy Overview: Outlook & Reports - FocusEconomics
WEBEthiopia's economy in numbers: Nominal GDP of USD 120.4 billion in 2021. GDP per capita of USD 1,156 compared to the global average of USD 10,589. Average real GDP growth of 8.4% over the last decade.