GDP Growth and Public Finance in Ethiopia: FY2019/20

Real Gross Domestic Product (GDP) growth in Ethiopia is projected to have declined to 8.5% in 2018/19 from an average of 8.8% from 2015/16 to 2017/18. Although the medium-term outlook remains strong, real GDP is projected to continue declining. The Ethiopian economy has remained resilient despite multiple shocks arising from the prolonged drought, lengthy political instability and economic slowdown in the global economy.