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ETHIOPIA economic forecast.

Economic data 2024

Economic Indicators Glossary

Our comprehensive glossary is designed to help you understand what each economic indicator means, how it’s calculated, and what it reveals about the economy. With our glossary, you’ll gain a deeper understanding of the economic landscape and be able to make more informed decisions.

See the glossary

 

Markets Actual Q3/24 Q4/24 Q1/25 Q2/25
Currency 57.76 57.89 58.25 58.61 58.97
Overview Actual Q3/24 Q4/24 Q1/25 Q2/25
Inflation Rate (%) 19.90 18 19 20 18.5
Food Inflation (%) 22.70 24 21 17 15
Consumer Price Index CPI (points) 452.20 482 504 543 536
Inflation Rate MoM (%) 0.90 1.7 1.3 0.8 1.2
Interest Rate (%) 7.00 7 5 5 5
GDP Annual Growth Rate (%) 7.90 8.4
GDP (USD Billion) 163.70 177
GDP per Capita (USD) 890.35 965
GDP per Capita PPP (USD) 2802.60 3038
GDP from Services (ETB Billion) 899.80 975
GDP Constant Prices (ETB Billion) 2248.60 2437
GDP from Manufacturing (ETB Billion) 649.20 704
GDP from Agriculture (ETB Billion) 728.40 790
Unemployment Rate (%) 18.90 19
Population (million) 123.38 121
Youth Unemployment Rate (%) 27.20 27.2
Current Account to GDP (% of GDP) -2.40 -2.1
Government Debt to GDP (% of GDP) 38.00 32
Government Budget (% of GDP) -2.70 -2.1
GDP Actual Q3/24 Q4/24 Q1/25 Q2/25
GDP Annual Growth Rate (%) 7.90 8.4
GDP (USD Billion) 163.70 177
GDP per Capita (USD) 890.35 965
GDP per Capita PPP (USD) 2802.60 3038
GDP from Services (ETB Billion) 899.80 975
GDP Constant Prices (ETB Billion) 2248.60 2437
GDP from Manufacturing (ETB Billion) 649.20 704
GDP from Agriculture (ETB Billion) 728.40 790
Labour Actual Q3/24 Q4/24 Q1/25 Q2/25
Unemployment Rate (%) 18.90 19
Population (million) 123.38 121
Youth Unemployment Rate (%) 27.20 27.2
Prices Actual Q3/24 Q4/24 Q1/25 Q2/25
Inflation Rate (%) 19.90 18 19 20 18.5
Food Inflation (%) 22.70 24 21 17 15
Consumer Price Index CPI (points) 452.20 482 504 543 536
Inflation Rate MoM (%) 0.90 1.7 1.3 0.8 1.2
Money Actual Q3/24 Q4/24 Q1/25 Q2/25
Interest Rate (%) 7.00 7 5 5 5
Trade Actual Q3/24 Q4/24 Q1/25 Q2/25
Current Account to GDP (% of GDP) -2.40 -2.1
Government Actual Q3/24 Q4/24 Q1/25 Q2/25
Government Debt to GDP (% of GDP) 38.00 32
Government Budget (% of GDP) -2.70 -2.1

Last updated: July, 2024

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