Ethiopia’s government has revised the size of its economy up by 59.2% to $201.4 billion for 2024/25 after moving the base year for gross domestic product (GDP) from 2015/16 to 2024/25, Reuters reported on 5 November. Officials put output for 2025/26 at 31.86 trillion birr, or $210.7 billion. The new base captures activities the old one missed, such as digital financial services, ride-hailing and large solar installations, and follows the birr’s steep fall after it was floated in 2024 under reforms tied to an International Monetary Fund (IMF) programme. A larger GDP lowers Ethiopia’s debt and tax ratios as it completes its external debt restructuring, which the government expects to improve its credit ratings and cut borrowing costs.
Sources
- Reuters via BusinessDay: https://www.businessday.co.za/world/africa/2026-11-05-ethiopias-economy-revised-up-by-60-after-gdp-rebasing/
- Reuters via CNBC Africa: https://www.cnbcafrica.com/2026/ethiopia-revises-economy-up-nearly-60-to-201-billion-after-gdp-rebasing
- 2merkato (podle Ethiopian News Agency): https://www.2merkato.com/news/alerts/9023-ethiopias-gdp-hits-usd-2107-billion-under-revised-economic-accounting-framework
- Ethiopian News Agency (přehled titulků 4. 11.): https://www.ena.et/web/eng