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Ethiopia - Gross domestic product in constant prices growth rate

7.5 (%) in 2018

Real GDP growth of Ethiopia plummeted by 30.99% from 10.9 % in 2017 to 7.5 % in 2018. Since the 0.97% rise in 2015, real GDP growth sank by 27.93% in 2018.

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What is real GDP growth?

Annual percentage growth rate of GDP at market prices based on constant local currency. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

What is Ethiopia real GDP growth?

Date Value Change, %
2018 7.5 -30.99%
2017 10.9 35.76%
2016 8.0 -23.08%
2015 10.4 0.97%
2014 10.3 4.04%
2013 9.9 13.79%
2012 8.7 -23.68%
2011 11.4 7.55%
2010 10.6 6.00%
2009 10.0 -10.71%
2008 11.2 -5.08%
2007 11.8

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