Regulatory Alerts2025-06-25
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Ethiopia Macroeconomic and Social Indicators Annual Report 2023-2024
The Ministry of Planning and Development issued this annual report to document Ethiopia’s macroeconomic and social performance for the 2023/24 fiscal year. The publication details an 8.1 percent real GDP expansion driven by service, industrial, and agricultural sectors, alongside a 25.1 percent increase in nominal GDP per capita to USD 1,937. It further outlines critical sectoral metrics, including the creation of over 282,000 new micro and small enterprises generating 2.6 million jobs, national potable water access reaching 69.5 percent, and controlled general inflation at 26.6 percent.
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