Ethiopia 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$107.66 billion
↑ 12.25% vs 2019GDP per Capita
$905.31
↑ 9.24% vs 2019GDP Growth (Annual %)
6.06%
↓ 2.30pp vs 2019Inflation Rate (CPI %)
20.36%
↑ 4.55pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $95.91 billion | $107.66 billion | +12.25% |
| GDP per Capita | $828.71 | $905.31 | +9.24% |
| GDP Growth (Annual %) | 8.36% | 6.06% | -2.30pp |
| Inflation (CPI %) | 15.81% | 20.36% | +4.55pp |
| Unemployment Rate (%) | 2.92% | 3.99% | +1.08pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $107.66 billion
- GDP per Capita
- $905.31
- GDP Growth (Annual %)
- 6.06%
- Gross National Income
- $107.05 billion
Prices & Employment
- Inflation (CPI %)
- 20.36%
- Inflation (GDP Deflator %)
- 18.25%
- Unemployment Rate (%)
- 3.99%
- 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)
- -2.53%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Ethiopia's Gross Domestic Product (GDP) is $107.66 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Ethiopia for 2020 is $905.31. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Ethiopia for 2020 is 20.36%. This measures the annual percentage change in the cost of consumer goods and services.
Ethiopia's annual GDP growth rate for 2020 is 6.06%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Ethiopia for 2020 is 3.99%. This represents the percentage of the labor force that is unemployed and actively seeking employment.