Ethiopia vs South Korea

Ethiopia vs South Korea: GDP growth

GDP growth: 8.1% a year in Ethiopia in 2024 and 1.1% a year in South Korea in 2025, by IMF estimates. In 2024 the value was higher in Ethiopia, by 5.9 percentage points, or 3.67 times that in South Korea.

% a year · IMF

Ethiopia vs South Korea: GDP growthGDP growth: 8.1% a year in Ethiopia in 2024 and 1.1% a year in South Korea in 2025, by IMF estimates. In 2024 the value was higher in Ethiopia, by 5.9 percentage points, or 3.67 times that in South Korea.
EthiopiaSouth KoreaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Ethiopia has been higher since 2004, when it overtook South Korea.
  • The IMF projection (World Economic Outlook, October 2026) puts Ethiopia at 7.7% a year and South Korea at 1.9% a year in 2031.

Every year

% a year · IMF

YearEthiopiaSouth Korea
20259.21.1
20248.12.2
20237.21.5
20226.42.9
20216.34.7
20206.1-0.7
201992.3
20187.73.2
201710.23.4
201683.2
201510.42.9
201410.33.2
20139.93.3
20128.72.5
201111.43.7
201010.67
2009100.8
200811.23
200711.85.8
200611.55.2
200512.64.4
200411.75.2
2003-2.13.1
20021.67.7
20017.44.7
20009.89.2
19996.311.6
1998-4.2-4.9
19972.86.3
199613.58
19956.19.7
19943.59.4
199313.47
1992-8.96.4
1991-7.210.9
19902.610
1989-0.57.2
19880.612.1
198713.912.9
19869.711.5
1985-11.47.9
1984-2.310.6
19837.813.5
198218.5
1981–7.4
19804-1.5
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearEthiopiaSouth Korea
20269.23.3
20277.82.8
20288.22.3
20298.22.1
203081.9
20317.71.9

Each country on its own

Good to know

  • How much the economy grew or shrank in a year, after inflation.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 143 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Ethiopia vs South Korea

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment