et Ethiopia 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$74.30 billion

↑ 15.03% vs 2015
GDP per Capita

$696.20

↑ 11.96% vs 2015
GDP Growth (Annual %)

9.43%

↓ 0.96pp vs 2015
Inflation Rate (CPI %)

6.63%

↓ 2.94pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $64.59 billion $74.30 billion +15.03%
GDP per Capita $621.85 $696.20 +11.96%
GDP Growth (Annual %) 10.39% 9.43% -0.96pp
Inflation (CPI %) 9.57% 6.63% -2.94pp
Unemployment Rate (%) 2.44% 2.55% +0.11pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$74.30 billion
GDP per Capita
$696.20
GDP Growth (Annual %)
9.43%
Gross National Income
$74.05 billion
Prices & Employment
Inflation (CPI %)
6.63%
Inflation (GDP Deflator %)
10.40%
Unemployment Rate (%)
2.55%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-10.64%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Ethiopia's Gross Domestic Product (GDP) is $74.30 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Ethiopia for 2016 is $696.20. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Ethiopia for 2016 is 6.63%. This measures the annual percentage change in the cost of consumer goods and services.

Ethiopia's annual GDP growth rate for 2016 is 9.43%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Ethiopia for 2016 is 2.55%. This represents the percentage of the labor force that is unemployed and actively seeking employment.