Ministry of National Strategy Programme
National launch · Wed 4 November 2026

Measured properly, how much bigger is Ethiopia's economy than the old estimate?

is not new growth. It is the same economy, measured better.

Ethiopia's GDP has been rebased to 2017 EFY (2024/25): newer prices, fuller data, international standards.

Same year, two yardsticks

Switch the measurement of 2017 EFY (2024/25). The economy does not change. The yardstick does.

GDP, 2017 EFY · new base 24.03 trillion birr
In US dollars$201.4 Bn
Rank in Africa5th

Ethiopia's place among Africa's largest economies

Newer prices and census data reveal activity that was always there. The dashed ring shows the old estimate.

7.7%

This is the growth figure. Real growth in 2018 EFY was 7.7%. The 59.2% is the gap between two measurements of the same year.

A new yardstick for the economy

Scroll through the three changes. Watch the yardstick move while the economy stays where it was.

  1. The old yardstick

    The 2015/16 measurement used older prices and sample surveys, and missed much informal and digital activity. It put 2017 EFY GDP at 15.09 trillion birr.

  2. 1New base year

    Prices and weights move from 2015/16 to 2024/25.

  3. 2Better data

    Two national censuses capture informal mining, small factories, transport and mobile money.

  4. 3Global standards

    SNA 2008 and ISIC Rev. 5, reviewed by the IMF.

    Together: 24.03 trillion birr. The activity was always there. Now it is measured.

Illustration. Each dot is an equal share of the rebased economy. It does not show how much each change contributed.

Larger, and well balanced

Tap a sector

Industry

30.2%

Industry's share rises 2.4 points, the biggest gain of any sector. The Economic Establishment Census found far more output in power, mining and factories.

Revision to the estimate, new against old
Electricity and water+495%
Mining+245%
Manufacturing+161%
%
Old series10%
Rebased6.3%

GDP is 1.59 times larger, so ratios like debt-to-GDP and tax-to-GDP fall by about 37%. The debt and the revenue themselves do not change.

Myth or fact?

Four quick questions. Then share your score.

Answer all four to see your score.

Launch programme

Wednesday 4 November 2026
DateWed 4 November2026
Time08:30–12:30Registration from 08:00
VenueHyatt Regency HotelAddis Ababa
HostMinistry of National Strategywith the Ethiopian Statistical Service
Add to calendar Open map
  1. Arrival and registration
  2. Opening and official launchWelcome, partner remarks, opening speech by H.E. Bereket Fesehatsion
  3. Group photo and break
  4. The rebased GDP: methods and resultsFeleke Demsis, National Accounts CEO, MoNS
  5. High-level panel: GDP rebasing and Ethiopia's data transformationModerated by Dr. Solomon Tsehay Feleke
  6. Key messages and closing
  7. Lunch
See the panelists
H.E. Dr. Fitsum AssefaMinister of Finance
H.E. Bereket FesehatsionMinister of National Strategy
H.E. Dr. Eyob TekalignGovernor, National Bank of Ethiopia
Kyungsuk LeeIMF Resident Representative
Dr. Tadele FeredeAddis Ababa University
Dr. Solomon Tsehay FelekeModerator

Read the rebased GDP report

The full report, key-findings briefs and data tables are published on the Ministry of National Strategy and Ethiopian Statistical Service websites from launch day.

The report link appears here on launch day.

Questions: Hana Abebe, Chief of Staff hannicho.nat@gmail.com