Replying to @alemayehuGeda
@alemayehuGeda . ያንተን ሀሳብ እየጠበኩ ነው 🔥🔥❤ – at Ethiopia
Ethiopia Just Got Measured Properly. Africa's 5th largest Economy.
• GDP of $211 billion
• Rebased GDP per capita rises to $1,517, which places Ethiopia within the World Bank's lower-middle-income range
• Pre-rebase, GDP per capita was $915, which had placed Ethiopia at low-income range
Ethiopia's rebased GDP for FY2025/26 is $210.7B (31.86T Birr). It now follows SNA 2008 and captures digital finance, modern trade, industry and mining that the old base year missed.
Africa's 10 largest GDPs with Ethiopia rebased:
1South Africa: $489B
2Egypt: $443B
3Nigeria: $387B
4Algeria: $332B
5Ethiopia: $211B
6Morocco: $196B
7Angola: $157B
8Kenya: $151B
9Ghana: $129B
10DR Congo: $122B
Ethiopia is in good company. Rebasing is standard practice for fast-changing economies:
•Nigeria (2014): +89%
•Ghana (2010): ~+60%
•Kenya (2014): +25%
•Vietnam (2019): +25.4%
•Pakistan (2022): +11–13%
•Indonesia (2015): ~+6.5%
•India (2015): 4.7% to 6.9%
Benefits of rebasing:
• A truer picture of the real economy for investors and lenders
• Better data on where growth actually comes from
• Identifies untaxed activity
• More fiscal headroom
• A more accurate economic structure
• Better growth measurement
• Stronger credibility with investors and rating agencies
• Better benchmarks for capital markets
• Better planning inputs
Picture source:.ENA
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dude ለዘመዶችህ ስለ ድሮን ንገራቸው ቅጠል አርገዋል ሙቀት መጠን ነው የሚያየው ከ ቅጠሉ ይልቅ AC አርጉ በላቸው 😭💔
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