Ethiopia’s current population is 119,219,377 as of Saturday, January 1, 202, based on Worldometer elaboration of the latest United Nations data. Ethiopia’s population increased by about 2.9 million (+2.5%) between January 2020 and January 2021.

According to Trading Economics global macro models, Ethiopia’s Gross domestic product at the end of 2021 was estimated to be around 110.00 USD billion. Further, Trading Economics econometric models projected Ethiopia’s GDP trend around 112.00 USD billion in 2022 and 115.00 USD billion in 2023.

According to the Ministry of Finance midyear report, Ethiopia’s GDP per capita passed the 1000 USD mark in 2020/21, reaching 1,080 USD (approximately 49,000 Birr), from 983 USD in 2019/20.

Ethiopia begins 2021 with a 19.2 percent general inflation rate and reached a climax point of 34.8 percent in September. Based on the latest Central Statistics Agency report, in November 2021, the year-on-year general inflation rate in Ethiopia decreased to 33.0 percent, from 32.2 percent in October. The 12 months moving average inflation rate shows the longer-term inflationary situation said the Agency.

The unemployment Rate in Ethiopia was estimated to around 21.60 percent at the end of 2021, according to Trading Economics global macro models and analyst’s expectations.

Based on a German company Statista, in 2021, the national debt of Ethiopia amounted to around 52.8 billion U.S. dollars.

Disclaimer: Business Info Ethiopia makes no guarantee, as to the accuracy or completeness of the data and figures.


The opinions expresses here in the post "Informative Primer: Ethiopia’s Economic Activity Indicators" are those of the individua's contributor(s) and do not necessarily reflect the views of Business Info Ethiopia , BIE Intelligence PLC, its publisher, editor, or any of its other contributors.


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