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Africa: Ethiopia Becomes Africa's Fifth-Largest Economy After Rebasing GDP

Published by AllAfrica 6 November 2026 at 06:45
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Africa: Ethiopia Becomes Africa's Fifth-Largest Economy After Rebasing GDP
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What the report says

[Daba Finance] Ethiopia has become Africa's fifth-largest economy after revising its gross domestic product figures to account for sectors including digital finance, services and manufacturing. The country's economy was valued at $210.7 billion in the fiscal year ended July 2026, Finance Minister Fitsum Assefa announced on November 4. The revision places Ethiopia behind South Africa, Egypt, Nigeria and Algeria, and a

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