Statistics and historical data on GDP growth rate, per capita PPP, constant prices. The June 2020 Global Economic Prospects describes both the immediate and near-term outlook for the impact of the pandemic and the long-term damage it has dealt to prospects for growth. Here you will find an updated list and a map with all the countries by GDP per capita according to the most recent data from the International Monetary Fund (2020).. The IMF has approved US$411 million in emergency assistance for Ethiopia to help fight the coronavirus pandemic in the east African country. Previous. Actual. Twenty-four economies would have per capita gdp above $50,000. Find Out . Finland, Canada, and Bahrain are expected to cross the $50k mark in 2021. Egypt is enjoying relatively strong growth, estimated at 5.5 per cent for 2019 and projected ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP… I hope you find the information useful. Over the last 20 years, GDP per capita of Ethiopia grew substantially from 124 to 974 US dollars rising at an increasing annual rate that reached a maximum of 36.34% in 2012 and then decreased to 1.39% in 2020. The current GDP (USD) per capita of Ethiopia shrank by 43% in the 1990s. Ethiopia - GDP per capita (U.S. Publish your articles and forecasts in our website. GDP per capita PPP in Ethiopia is expected to reach 1900.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. In Jun 2020 Ethiopia’s Nominal GDP Per Capita (GDP of Ethiopia) is forecasted to be 1, 066.199 USD as reportable by International money – World Economic Outlook. The commission that appeared at the parliament to deliver a report of on an 11 month performance of the fiscal year which ended yesterday stated the country’s supply side GDP grew by 10.9 percent during the 2016/17 … The following table shows the main economic indicators in 1980–2017. Ethiopia - Gross domestic product per capita in current prices. In 2020, GDP per capita for Ethiopia was 974 US dollars. GDP per capita in Ethiopia is expected to reach 500.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. GDP - per capita: $2,200 (2017 est.) $2,000 (2016 est.) The description is composed by our digital data assistant. Frequency. Between 2000 and 2019, GDP per capita of Ethiopia grew substantially from 124 to 856 US dollars rising at an increasing annual rate that reached a maximum of 33.63% in 2008 and then decreased to 10.92% in 2019. The economy saw continuous real GDP growth of at least 5% since 2004. Twelve economies have per capita income above $50,000. Ethiopia The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. Data. If you continue to navigate this website beyond this page, cookies will be placed on your browser. If Ethiopia approaches financial modernization in a way similar to other countries in sub-Saharan Africa, Ethiopia’s economy could increase its GDP by 1.9 percent per year. However, it is also one of the poorest, with a per capita income of $850. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Ethiopia gnp for 2018 was $86.86B, a 10.82% increase from 2017. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). 1. In the long-term, the Ethiopia GDP per capita is projected to trend around 580.00 USD in 2021 and 650.00 USD in 2022, according to … Last Release. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Inflation below 5% is in green. Ethiopia GDP Value was 96.11 B USD in 2021. 974 (US dollars) in 2020. INTRODUCTION. It records a rise from the last reportable variety of 953.179 USD in Jun 2019. It … N/A. GDP by Country GDP Per Capita by Country Manufacturing by Country Debt to GDP Ratio by Country. Direct access to our calendar releases and historical data. Find Out, Online tool for visualization and analysis. The National Planning Commission (NPC) announced that Ethiopian’s per capita income reached USD 863 in 2016/17 and the country’s GDP now stands at 1.8 trillion birr. $1,900 (2015 est.) Forecast. This page is a list of the countries of the world by gross domestic product (at purchasing … 2. Trying ahead, Ethiopia’s Nominal GDP Per Capita is projected to face at one, 411.769 USD in Jun 2024. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). While Ethiopia has reformed its merchandise trade, the country could continue to increase economic prosperity with reform of … Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Addressing queries from members of the parliament on the 6 th year 1 st extraordinary session of the House of Peoples Representatives, the premier said the country could register 6.1 economic growth by mitigating the impacts of the pandemic in the sector. Addis Ababa, October 19, 2020 – Prime Minister Abiy Ahmed stated that Ethiopia has registered 6.1 economic growth during the last budget year. Annualized Consumption Growth per capita from Household Survey 1.56 2010-2015 MEDIAN INCOME Growth of the annual median income/consumption per capita 1.64 2010-2015 Sources: WDI for GDP, National Statistical Offices for national poverty rates, POVCALNET as of Feburary 2020, and Global Monitoring Database for the rest. According to World Bank estimates, from 2000 to 2018, Ethiopia was the third-fastest growing country of 10 million or more people in the world, as measured by GDP per capita. Midway through the second quarter of FY 2020 (8 July 2020–7 July 2021), the economic panorama remains grim. Annual growth of GDP per capita 7.56287111998671 (2017) Annualized average growth rate in per capita real survey mean consumption or income, bottom 40% of population November 17, 2020. Dollars) Midway through the second quarter of FY 2020 (8 July 2020–7 July 2021), the economic panorama remains grim. Download historical data for 20 million indicators using your browser. ... Ethiopia gnp for 2019 was $94.97B, a 9.34% increase from 2018. Macao SAR and Austria fell … Yearly. There would be a total of 69 economies above Int. 2103.5 USD. . Ethiopia Economic Outlook. To learn more about cookies, click here. World Bank national accounts data, and OECD National Accounts data files. GDP is the total value of all goods and services produced in … Out of 193 economies, gdp (ppp) per capita of the 183 economies would increase, and ten economies would decrease in 2021 compared to 2020. Ethiopia aims to reach lower-middle-income status by 2025. Global Metrics. Gross domestic product (GDP) per capita in Ethiopia 2025; Gross domestic product (GDP) growth rate in Ethiopia 2025 ... (October 15, 2020). It is calculated without making deductions for depreciation of fabricated assets or for … It also approved Ethiopia’s request for a suspension of debt service payments of about US$12 million through October under the IMF's Catastrophe Containment and Relief Trust for poor countries. Ethiopia’s economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20, Ethiopia’s real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to COVID-19 (cornaviruspandemic. $20k level. In the long-term, the Ethiopia GDP per capita PPP is projected to trend around 2100.00 USD in 2021 and 2250.00 USD in 2022, according to our econometric models. IMPACT OF COVID-19: As of December 1, 2020, 1,709 deaths had been attributed to the pandemic in Ethiopia, and economic growth was forecast to decline to 1.9 percent for the year. Table 1 2020 Population, million 1 1 5.0 GDP, current US$ billion 1 07.4 GDP per capita, current US$ 934.6 International poverty rate ($1.9) a 30.8 Lower middle-income poverty rate ($3.2) a 68.9 Upper middle-income poverty rate ($5.5) a 90.2 Gini index a 35.0 School enrollment, primary (% gross) b 90.0 Life expectancy at birth, years c 66.2 Ethiopia Coronavirus COVID-19 Deaths at 3474.00 Persons, Ethiopia Coronavirus COVID-19 Cases at 243631.00 Persons, Ethiopia Coronavirus COVID-19 Recovered at 183932.00 Persons, Ethiopia Cpi Housing Utilities at 134.20 points, Ethiopia Corruption Index at 38.00 Points, Ethiopia Corporate Tax Rate at 30.00 percent, Ethiopia Consumer Price Index Cpi at 198.10 points, Ethiopia Competitiveness Index at 44.37 Points, Morocco March Inflation Rate Slows to 0.1%, Tenth District Manufacturing Activity Grows at Record Pace, Eurozone Consumer Morale Improves to 14-Month High, US Existing Home Sales Fall for 2nd Month, Toronto Stocks Slightly Lower on Thursday. GDP growth in North Africa is projected at 3.6 per cent in 2020 and 3.7 per cent in 2021. All figures are estimates. World Bank cuts Ethiopia GDP forecast to 6.3% for 2020 fiscal year January 10, 2020 ADDIS ABABA (Reuters) â The World Bank has cut Ethiopiaâ s economic growth forecast to 6.3% for the 2020 fiscal year, down from an earlier estimate of 9.0%, citing the growing debt burden of state-owned firms and a worsening security situation. 1981-2019 Data | 2020-2021 Forecast | Historical | Chart. In 2019, GDP per capita for Ethiopia was 856 US dollars. The baseline forecast envisions a 5.2 percent contraction in global GDP in 2020, using market exchange rate weights—the deepest global recession in decades, despite the extraordinary efforts of … Restrictive measures to curb the spread of the coronavirus remain largely in place, with only some schools reopening in late October. Ethiopia GDP per capita PPP. This site uses cookies to optimize functionality and give you the best possible experience. § Using a population estimate of 101 million (CSA’s ‘medium-variant’ estimation for 2020), per capita income comes to near $1,060, equivalent to $3,015 on a PPP basis (i.e., … GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Ethiopia GDP (Gross Domestic Product) was INT$221.85billion for 2019 in PPP terms. note: data are in 2017 dollars country comparison to the world (CIA rank, may be based on non-current data): 204 [see also: GDP - per capita country ranks] Gross national saving: As such, domestic demand is set to be dented in the quarter. As such, domestic demand is set to be dented in the quarter. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. past 15 years; Ethiopia’s nominal GDP in dollar terms was just $10bn as recently as 2004. Ethiopia is Africa’s oldest independent country and its fastest growing economy today. GDP per capita, PPP (current international $), GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. Dec 2019. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor education that prevail in the country where she lives. 2219.7 USD. ... How to Invest Wisely in the 2020’s. The statistic shows gross domestic product (GDP) per capita in Ethiopia from 1985 to 2025. 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