Ethiopia
Inflation in Ethiopia
Inflation in Ethiopia: 7.8% a year in 1982 and 26.6% a year in 2024, by IMF estimates.
- Latest, 2024
- 26.6% a year
- Since 1982
- +18.8 percentage points
- Projected, 2031
- 6.7% a year
- IMF projection (World Economic Outlook, October 2026)
% a year · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 6.7% a year in 2031.
- The highest was 36.4% a year in 2009, the lowest -9.1% a year in 1987.
Every year
% a year · IMF
| Year | Ethiopia |
|---|---|
| 2024 | 26.6 |
| 2023 | 32.5 |
| 2022 | 33.9 |
| 2021 | 20.2 |
| 2020 | 19.9 |
| 2019 | 12.6 |
| 2018 | 14.5 |
| 2017 | 6.9 |
| 2016 | 9.7 |
| 2015 | 7.7 |
| 2014 | 8.1 |
| 2013 | 13.5 |
| 2012 | 34.1 |
| 2011 | 18.1 |
| 2010 | 2.8 |
| 2009 | 36.4 |
| 2008 | 25.3 |
| 2007 | 15.8 |
| 2006 | 12.3 |
| 2005 | 6.8 |
| 2004 | 8.6 |
| 2003 | 15.1 |
| 2002 | -7.2 |
| 2001 | -5.2 |
| 2000 | 6.2 |
| 1999 | 4.8 |
| 1998 | 3.6 |
| 1997 | -6.4 |
| 1996 | 0.9 |
| 1995 | 13.4 |
| 1994 | 1.2 |
| 1993 | 10 |
| 1992 | 21 |
| 1991 | 20.9 |
| 1990 | 5.2 |
| 1989 | 9.6 |
| 1988 | 2.2 |
| 1987 | -9.1 |
| 1986 | 5.6 |
| 1985 | 18.4 |
| 1984 | -0.3 |
| 1983 | 3.6 |
| 1982 | 7.8 |
IMF projection (World Economic Outlook, October 2026) · 2025–2031
| Year | Ethiopia |
|---|---|
| 2025 | 16 |
| 2026 | 11.7 |
| 2027 | 12.3 |
| 2028 | 9.2 |
| 2029 | 7.8 |
| 2030 | 6.8 |
| 2031 | 6.7 |
Good to know
- How much consumer prices rose in a year, on average.
- 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.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Ethiopia in numbers
Every measure for Ethiopia on one page
Health
People
Economy
Education
Politics
Conflict
Military
- Military spending0.49% of GDP in 2025
- Military spending in US dollars$785M in 2025
- Military spending per person$4 in 2025
- Military share of state spending4.1% of government spending in 2025
- Armed forces personnel138,000 people in 2020
- National power0.85% of world capability in 2022
- Armed forces, share of workers0.28% of the labour force in 2020
- Arms imports63 million TIV in 2025
- Arms exports17 million TIV in 1997