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 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in Ethiopia reached 936 US dollars per inhabitant, or 107.65 bn US Dollar in the whole country. Ethiopia is therefore currently ranked 59 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 170.

Inflation in Ethiopia was in 2019 at around 15.84%. Within the EU, the average in the same year was 0.50%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 75.5% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


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