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The African Exponent DATA

Country

🇪🇹 Ethiopia

ET · ETB Ethiopian birr · Compare Ethiopia →

Policy rate 16.00% Policy rate · 13 Jul 2026
Headline inflation 15.10% Aug 2026
FX premium +0.83% market vs official
Latest T-bill 4.015% 91-day · 2 Sep 2026

Tier 1 · Markets

The Market Now

Series Per US$1 As of Source
Official reference 162.61 26 Sep 2026, 00:02 UTC NBE reference (open.er-api.com)
Marketretail 163.97 26 Sep 2026, 12:10 UTC Remitly
Premium +0.83% — market vs official

Official rate, 10-year annual average (World Bank)

195183201420162018202020222024

Premium history · since Aug 2026 · our collectors

0%0.8%1.6%Aug 2026Sep 2026

Download CSV — FX history · Download CSV — official rate, annual

Tier 2 · Policy & Prices

Policy & Prices

Policy rate

Instrument Rate Effective Source
National Bank of Ethiopia Policy rate 16.00% 13 Jul 2026 National Bank of Ethiopia

As of 21 Sep 2026, 09:30 UTC

Inflation

Headline 15.10% Aug 2026 headline CPI Source
Food 14.90% Aug 2026 Food & non-alcoholic beverages Source

As of 12 Sep 2026, 19:49 UTC

Download CSV — headline · Download CSV — food

Yield curve

weighted avg NBE

91-day 4.015% 2 Sep 2026
182-day 5.142% 2 Sep 2026
364-day 7.852% 2 Sep 2026

Steep — 364-day above 91-day.

Download CSV — auction history

Tier 3 · Structure

Structure & trajectory

Annual indicators, latest available year on each card · Sources: World Bank / UN / IMF WEO Oct 2025 / V-Dem / EIA

20 of 28 indicators improving improving

Rule: for each metric with at least two observations, direction is the sign of (latest − earliest). Child mortality, $3/day poverty, national poverty, debt service, debt-to-GDP, and the Gini index are inverted (a decline is improvement). Overall: improving if ≥60% of those metrics improved, mixed if 40–60%, worsening if <40%.

Population

135.5M · 2025

100M120M140M201520172019202120232025

↑ 34.4M since 2014

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GDP per capita (PPP)

$3,622 · 2025

$1,600$2,600$3,600201520172019202120232025

↑ $2,137 since 2014

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GDP per capita growth

7% · 2025

2.5%5%7.5%201520172019202120232025

↓ 0.3 pts since 2014

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Life expectancy

67.6 years · 2024

626568201420162018202020222024

↑ 4.7 years since 2014

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Child mortality

44.5 per 1,000 · 2024

445770201420162018202020222024

↓ 23.2 since 2014

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Internet users

21.9% · 2024

7.6%14.8%22%201420162018202020222024

↑ 14.2 pts since 2014

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Manufacturing share of GDP

4.2% · 2025

4.2%5.2%6.2%201520172019202120232025

↑ 0.2 pts since 2014

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Electricity access

56.6% · 2024

27%42%57%201420162018202020222024

↑ 29.4 pts since 2014

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Poverty ($3/day)

38.6% · 2021

33%36%39%2015201720192021

↑ 5.6 pts since 2015

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National poverty line

33.1% · 2021

23%28%33%2015201720192021

↑ 9.6 pts since 2015

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Adult literacy

60.5% · 2022

47%53.5%60%2016201820202022

↑ 13 pts since 2016

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Debt service / exports

11.5% · 2024

11%20%29%201420162018202020222024

↓ 0.3 pts since 2014

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Exports of goods and services

$13.2B · 2024

$5.9B$9.4B$13B201420162018202020222024

↑ $6.8B since 2014

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GDP growth

9.8% · 2025

5.3%7.7%10%201520172019202120232025

↓ 0.5 pts since 2014

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GDP

$126.4B · 2025

$62B$106B$150B201520172019202120232025

↑ $70.7B since 2014

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Unemployment

3.3% · 2025

2.4%3.2%4%201520172019202120232025

↑ 1 pts since 2014

ILO modeled estimate — national definitions differ

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FDI inflows

$4B · 2024

$1.8B$3B$4.3B201420162018202020222024

↑ $2.2B since 2014

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Remittances

$7.1B · 2024

$390M$3.7B$7.1B201420162018202020222024

↑ $5.3B since 2014

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External debt

$36.5B · 2024

$16B$26.5B$37B201420162018202020222024

↑ $19.6B since 2014

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Agriculture share of GDP

32.8% · 2025

31%34.5%38%201520172019202120232025

↓ 5.7 pts since 2014

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Services share of GDP

36.6% · 2025

36%38%40%201520172019202120232025

↓ 3.3 pts since 2014

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Investment rate

20.1% · 2025

20%30.5%41%201520172019202120232025

↓ 17.9 pts since 2014

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Terms of trade

118.50 · 2024

91.00105.50120.00201420162018202020222024

↑ 17.60 since 2014

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FX reserves

$3.8B · 2024

$1.1B$2.5B$4B201420162018202020222024

↑ $259.1M since 2014

includes gold

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Lending rate

not available

Deposit rate

not available

Gini index

31.10 · 2021

31.0033.0035.002015201720192021

↓ 3.90 since 2015

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Health expenditure

2.8% · 2023

2.8%3.4%4%2014201820202023

↓ 1.2 pts since 2014

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Physicians

0.1 per 1,000 · 2023

0.0750.10750.14201820192020202120222023

↑ 0.1 since 2018

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Tourist arrivals

518,000 · 2020

510,000720,000930,0002014201620182020

↓ 252,000 since 2014

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Account ownership

48.8% · 2024

21%35%49%201420162018202020222024

↑ 27 pts since 2014

Findex · every 3–4 years

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Exports per capita derived

$99.88 · 2024

$55$77.5$100201420162018202020222024

↑ $36.73 since 2014

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Median age

18.7 years · 2023

1617.5192014201820202023

↑ 2 years since 2014

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Government revenue / GDP

11.3% · 2026

7.5%11.8%16%201620182020202220242026

↓ 3.6 pts since 2014

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Debt to GDP

40.4% · 2026

33%45.5%58%20142017202020232026

↓ 3.7 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Gross debt (national currency)

Br7.8T · 2026

Br460BBr4.1TBr7.8T20142017202020232026

↑ Br7.4T since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Current account / GDP

-2.4% · 2026

-12%-6.5%-0.9%20142017202020232026

↑ 5.5 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

Download CSV

Budget balance / GDP

-1.8% · 2026

-4.2%-2.7%-1.2%20142017202020232026

↑ 0.8 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Electoral democracy

0.26 · 2025

0.220.280.33201520172019202120232025

↑ 0.03 since 2014

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Minimum wage

no statutory minimum

No enacted national private-sector minimum-wage proclamation

No statutory national minimum. Not the civil-service floor, and not ETB 0.

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Trade profile

Exports

$13.2B · 2024

$5.9B$9.4B$13B201420162018202020222024

↑ $6.8B since 2014

Imports

$25.1B · 2024

$17B$21B$25B201420162018202020222024

↑ $6.9B since 2014

Balance derived

−$11.9B · 2024

$-15B$-12.2B$-9.5B201420162018202020222024

↓ $130.1M since 2014

Top exports · 2023

Products

  1. Coffee, tea, spices $1.2B · 43.2%
  2. Edible vegetables $499.5M · 17.5%
  3. Oil seeds and oleaginous fruits $424.5M · 14.8%
  4. Live trees and plants $262.1M · 9.2%
  5. Meat and edible offal $63M · 2.2%
  6. Apparel, knitted $59.8M · 2.1%
  7. Machinery and mechanical appliances $58M · 2.0%
  8. Apparel, not knitted $34.4M · 1.2%
  9. Cereal, flour, starch preparations $23.9M · 0.8%
  10. Raw hides, skins, leather $20.3M · 0.7%

Partners

  1. Saudi Arabia $297.9M · 10.4%
  2. United States $276.5M · 9.7%
  3. Netherlands $218.7M · 7.6%
  4. United Arab Emirates $163.9M · 5.7%
  5. Somalia $142.2M · 5.0%
  6. India $139.3M · 4.9%
  7. Germany $135.4M · 4.7%
  8. China $131.6M · 4.6%
  9. South Korea $116.1M · 4.1%
  10. Japan $104.1M · 3.6%

Top imports · 2023

Products

  1. Mineral fuels $2.7B · 15.5%
  2. Machinery and mechanical appliances $1.9B · 11.3%
  3. Electrical machinery and equipment $1.3B · 7.8%
  4. Vehicles other than railway $1.3B · 7.7%
  5. Fertilisers $1.2B · 7.0%
  6. Plastics $832.5M · 4.9%
  7. Animal or vegetable fats and oils $749.6M · 4.4%
  8. Pharmaceutical products $676.7M · 4.0%
  9. Iron and steel $672.7M · 3.9%
  10. Cereals $576M · 3.4%

Partners

  1. China $5.6B · 32.7%
  2. India $1.6B · 9.6%
  3. Kuwait $1.3B · 7.8%
  4. Saudi Arabia $1.1B · 6.6%
  5. United States $1.1B · 6.3%
  6. Morocco $676.6M · 4.0%
  7. Türkiye $620M · 3.6%
  8. United Arab Emirates $471.9M · 2.8%
  9. Egypt $454.7M · 2.7%
  10. Japan $381.9M · 2.2%

2025 filings are still arriving — this page updates as each country reports

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