Indicators of economy in Ethiopia

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Ethiopia reached 856 US dollars per inhabitant, or 95.91 bn US Dollar in the whole country. Ethiopia is therefore currently ranked 64 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Ethiopia is in the list of the world's richest countries in place 169.

Inflation in Ethiopia was in 2019 at around 15.84%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 56.53% lower.
The Corruption Perceptions Index for the public sector counts 38 and is compared to other countries bad.


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