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Economy of Ethiopia vs Jordan compared: GDP & Debt

Updated on by Georank

Ethiopia has a GDP of $126B compared to $61.6B for Jordan, ranking 66/197 and 90/197 by economy size, respectively.

Ethiopia has $54.4B in government debt (43.1% of GDP), compared to $51B (82.8% of GDP) in Jordan.

Ethiopia vs Jordan GDP by year

Ethiopia
Jordan
1x
Year GDP, current $
Ethiopia Jordan
2025 $126,358,758,448 $61,610,052,535
2024 $149,740,297,952 $58,618,380,563
2023 $135,874,093,203 $56,123,472,113
2022 $123,140,304,665 $53,516,930,141
2021 $109,070,960,371 $50,702,940,986
2020 $98,676,811,062 $47,931,770,986
2019 $91,834,517,114 $48,640,273,803
2018 $83,337,901,072 $47,435,850,423
2017 $76,366,081,767 $45,535,614,366
2016 $68,475,871,210 $43,688,498,732
2015 $62,103,418,182 $42,394,049,296
2014 $55,612,228,234 $40,535,098,592
2013 $47,648,276,605 $37,873,362,958
2012 $43,310,721,414 $34,854,017,887
2011 $31,952,763,089 $32,640,291,549
2010 $29,933,790,334 $30,202,773,521
2009 $32,437,389,116 $27,462,496,197
2008 $27,066,912,635 $25,651,620,831
2007 $19,707,616,773 $17,110,437,236
2006 $15,280,861,835 $15,056,981,664
2005 $12,401,139,454 $12,588,998,590
2004 $10,131,187,261 $11,411,706,629
2003 $8,623,691,300 $10,195,627,645
2002 $7,850,809,498 $9,582,510,578
2001 $8,231,326,016 $8,975,814,653
2000 $8,242,349,618 $8,460,789,845
1999 $7,892,973,532 $8,149,929,478
1998 $8,013,274,132 $7,912,270,804
1997 $8,803,539,988 $7,245,839,210
1996 $8,761,215,548 $6,927,503,526
1995 $7,855,205,207 $6,727,597,032
1994 $7,100,806,754 $6,236,295,978
1993 $9,051,043,870 $5,606,400,222
1992 $10,754,799,037 $5,310,833,194
1991 $13,799,799,324 $4,344,467,193
1990 $12,478,943,895 $4,160,087,508
1989 $11,762,932,007 $4,221,373,674
1988 $11,181,119,718 $6,277,451,829
1987 $10,790,001,558 $6,756,209,762
1986 $10,094,328,898 $6,402,050,485
1985 $9,717,392,687 $4,993,601,520
1984 $8,298,309,581 $4,967,162,160
1983 $8,781,664,427 $4,920,692,191
1982 $7,899,988,841 $4,681,240,993
1981 $7,507,663,567 $4,383,944,703
1980 $7,012,585,454 $3,910,044,474
1979 $6,586,048,398 $3,271,368,781
1978 $6,014,961,435 $2,602,208,589
1977 $5,651,840,585 $2,096,778,602
1976 $4,943,806,093 $1,708,521,219
1975 $4,577,047,854 $1,363,073,498
1974 $4,577,209,966 $1,197,483,949
1973 $4,070,570,550 $943,783,840
1972 $3,520,252,938 $788,479,685
1971 $3,224,280,835 $678,159,729
1970 $3,045,354,455 $639,519,744
1969 $2,768,987,372 $698,879,720
1968 $2,619,948,865 $561,119,776
1967 $2,461,762,003 $631,679,747
1966 $2,324,466,416 $657,999,737
1965 $2,159,998,591 $599,759,760
1964 $1,984,129,186 -
1963 $1,825,058,828 -
1962 $1,747,566,307 -
1961 $1,680,859,514 -
1960 $1,610,511,694 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/ethiopia/jordan | CC BY

GDP per capita in Ethiopia vs Jordan by year

Ethiopia
GDP per capita

GDP per capita, PPP
Jordan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ethiopia Jordan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $933 - $5,348 -
2024 $1,134 $3,288 $5,074 $10,821
2023 $1,056 $3,061 $4,906 $10,412
2022 $982 $2,845 $4,754 $9,927
2021 $893 $2,588 $4,582 $9,182
2020 $830 $2,407 $4,411 $9,579
2019 $793 $2,242 $4,558 $9,429
2018 $740 $2,095 $4,534 $9,042
2017 $696 $2,005 $4,449 $9,266
2016 $642 $1,858 $4,366 $8,748
2015 $598 $1,633 $4,442 $8,967
2014 $550 $1,485 $4,611 $9,145
2013 $484 $1,253 $4,739 $9,817
2012 $452 $1,179 $4,594 $9,739
2011 $343 $1,098 $4,363 $9,632
2010 $331 $996 $4,139 $9,417
2009 $369 $899 $3,845 $9,291
2008 $316 $845 $3,670 $8,983
2007 $237.1 $770 $2,506 $8,416
2006 $189.3 $693 $2,343 $8,046
2005 $158.2 $625 $2,088 $7,697
2004 $133.2 $558 $1,940 $7,074
2003 $116.8 $493 $1,776 $6,500
2002 $109.6 $509 $1,706 $6,256
2001 $118.5 $509 $1,632 $5,948
2000 $122.3 $474 $1,571 $5,641
1999 $120.7 $450 $1,545 $5,402
1998 $126.5 $436 $1,532 $5,264
1997 $143.4 $461 $1,436 $5,171
1996 $147.3 $453 $1,410 $5,055
1995 $136.5 $409 $1,416 $5,027
1994 $127.7 $391 $1,367 $4,830
1993 $168.5 $384 $1,289 $4,726
1992 $207.4 $343 $1,287 $4,654
1991 $277.6 $383 $1,110 $4,195
1990 $262.1 $417 $1,149 $4,317
1989 $256.4 - $1,260 -
1988 $253.2 - $1,966 -
1987 $254.1 - $2,217 -
1986 $246 - $2,200 -
1985 $243.9 - $1,797 -
1984 $214.2 - $1,871 -
1983 $232.7 - $1,939 -
1982 $215.3 - $1,929 -
1981 $212.7 - $1,885 -
1980 $203.7 - $1,750 -
1979 $192.4 - $1,519 -
1978 $178.3 - $1,249 -
1977 $170.4 - $1,039 -
1976 $152 - $873 -
1975 $144.3 - $718 -
1974 $147.9 - $651 -
1973 $134.9 - $531 -
1972 $119.8 - $460 -
1971 $112.7 - $412 -
1970 $109.4 - $409 -
1969 $102.3 - $474 -
1968 $99.5 - $409 -
1967 $96.1 - $497 -
1966 $93.2 - $558 -
1965 $88.9 - $546 -
1964 $83.8 - - -
1963 $79.2 - - -
1962 $77.8 - - -
1961 $76.7 - - -
1960 $75.3 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/ethiopia/jordan | CC BY

Ethiopia's GDP per capita is $933, ranking 182/197, compared to $5,348 in Jordan, ranking 120/197. Adjusted for purchasing power (GDP per capita PPP), Ethiopia ranks 175th at $3,288, while Jordan ranks 131st at $10,821.

Economic indicators

Ethiopia Jordan
Gross domestic product
$126B
2025
$61.6B
2025
GDP rank
66/197
2025
90/197
2025
GDP growth
9.77%
2024-2025
2.83%
2024-2025
GDP per capita
$933
2025
$5,348
2025
GDP per capita rank
182/197
2025
120/197
2025
GDP per capita, PPP
$3,288
2024
$10,821
2024
GDP per capita PPP rank
175/197
2024
131/197
2024
Government debt
$54.4B
2025
$51B
2025
Debt-to-GDP ratio
43.1%
2025
82.8%
2025
Government debt per person
$402
2025
$4,430
2025
Government debt per person rank
172/185
2025
91/185
2025
Average annual personal income after taxes
$2,030
2026
$4,506
2026
Market capitalization of domestic companies n/a
$37.4B
2025
Income share by richest 10%
24.8%
2021
27.4%
2010
Income share by poorest 10%
3.5%
2021
3.5%
2010
Government expenditure, % of GDP
12%
2025
33.7%
2025
Consumer prices inflation
13.2%
2024-2025
1.77%
2024-2025
Central bank interest rate n/a
5.75%
2025
Unemployment rate
3.94%
2021
16.8%
2024
Population
140722974
11538682

Spending and national debt comparison by year

Ethiopia
Spending

Debt
Jordan
Spending

Debt
1x
Year % of GDP
Ethiopia Jordan
Government spending Government debt Government spending Government debt
2025 12% 43.1% 33.7% 82.8%
2024 9.54% 33.4% 34.6% 82.1%
2023 10.8% 38.7% 33.9% 81%
2022 12.7% 46.9% 32.8% 80.7%
2021 13.8% 53.8% 33.8% 79.9%
2020 14.5% 53.2% 33% 77.9%
2019 15.4% 54.7% 32.7% 69.4%
2018 16.1% 58.4% 33.3% 67.9%
2017 18% 55.3% 31.7% 69.1%
2016 17.9% 51.8% 30% 70.7%
2015 17.3% 50.7% 32.3% 71.4%
2014 17.5% 44.2% 36.3% 68.2%
2013 17.8% 44.1% 34.5% 68.8%
2012 16.6% 39.4% 28.3% 64%
2011 18.2% 44.6% 29.3% 56.1%
2010 18.5% 39.4% 26.6% 53.4%
2009 17.1% 30% 30.7% 51.8%
2008 18.8% 56.1% 29.6% 47.9%
2007 20.5% 55.7% 32.4% 58.2%
2006 22.1% 79.6% 34% 60%
2005 22.9% 78.2% 36.6% 66.1%
2004 23.1% 103.1% 35.1% 73.8%
2003 27% 103.7% 35% 80.4%
2002 24.9% 107.4% 31.6% 85.9%
2001 22.4% 97.3% 30.6% 85.5%
2000 25.6% 93.6% 31.2% 89.9%
1999 26.8% 97.8% 31.8% 98.7%
1998 21.1% 89.3% 32.3% 96.3%
1997 17.9% 80.3% 30.7% 94.7%
1996 18.8% 132.8% 32.6% 101.2%
1995 17.4% 146.6% 32.1% 102.4%
1994 17.6% 155.2% 30.6% 112.1%
1993 13.8% 141% 32.5% 122.1%
1992 14.2% 87.9% 31.7% 134.7%
1991 17.3% 89.3% 39.6% 180.5%
1990 20.9% 91.6% 39.9% 197.7%
1989 24% 84.7% 42.5% 195.4%
1988 21.6% 84.3% 44.3% 129.3%
1987 18.4% 82.3% 42.1% 101.9%
1986 19.8% 75.7% 33.8% 84.3%
1985 19.7% 67.7% 42.4% 85.2%
1984 18.8% 65.4% - -
1983 21.3% 55.2% - -
1982 16.4% 48.8% - -
1981 14.2% 30.6% - -
1980 13.5% 18.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1991, retrieved 2026-07-08).

GeoRank.org/economy/ethiopia/jordan | CC BY

In 2025, Ethiopia's government spending was $15.2B, accounting for 12% of its GDP, while Jordan spent $20.8B, or 33.7% of GDP.

Debt-to-GDP ratio is 43.1% in Ethiopia and 82.8% in Jordan, ranking 122/185 and 39/185, respectively.

Government deficit by year

Deficit/surplus
Ethiopia

Jordan
1x
Year Deficit/surplus, % of GDP
Ethiopia Jordan
2025 -1.19% -6.35%
2024 -1.99% -7.27%
2023 -2.6% -6.49%
2022 -4.16% -4.9%
2021 -2.77% -6.62%
2020 -2.76% -7.56%
2019 -2.53% -5.06%
2018 -3.03% -4.23%
2017 -3.24% -3.22%
2016 -2.3% -2.62%
2015 -1.95% -5.18%
2014 -2.58% -6.75%
2013 -1.93% -8.78%
2012 -1.17% -3.33%
2011 -1.61% -1.21%
2010 -1.32% 0.19%
2009 -0.93% -2.28%
2008 -2.88% 1.92%
2007 -3.57% 2.76%
2006 -3.79% -1.86%
2005 -4.12% -2.2%
2004 -2.65% 0.56%
2003 -5.59% -1.6%
2002 -5.76% -3.21%
2001 -3.76% -1.13%
2000 -8.88% -1.85%
1999 -8.54% -1.13%
1998 -3.65% -5.59%
1997 -1.76% -2.68%
1996 -3.93% -2.69%
1995 -2.76% -1.45%
1994 -5.39% -1.67%
1993 -4.12% -1.43%
1992 -4.92% 2.07%
1991 -6% -8.1%
1990 -6.86% -6.82%
1989 -4.33% -6.89%
1988 -3.48% -13%
1987 -3.54% -13.4%
1986 -3.98% -2.39%
1985 -4.71% -6.9%
1984 -3.69% -
1983 -7.59% -
1982 -3.6% -
1981 -2.19% -
1980 -2.56% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-07-08).

GeoRank.org/economy/ethiopia/jordan | CC BY

In 2025, Ethiopia's government deficit, the difference between spending and revenue, was $1.5B, equivalent to 1.19% of GDP. This compares to Jordan's deficit of $3.91B, or 6.35% of GDP.

Over the past 41 years, Ethiopia recorded a fiscal deficit in 41 of those years, while Jordan ran a deficit in 36 years. On average, Ethiopia posted an annual deficit equal to 3.59% of GDP, compared to deficit of 3.91% of GDP for Jordan.

Inflation comparison by year

Inflation
Ethiopia

Jordan
1x
Year Consumer prices inflation
Ethiopia Jordan
2025 13.2% 1.77%
2024 21% 1.56%
2023 30.2% 2.08%
2022 33.9% 4.23%
2021 26.8% 1.35%
2020 20.4% 0.33%
2019 15.8% 0.76%
2018 13.8% 4.46%
2017 10.7% 3.32%
2016 6.63% -0.78%
2015 9.57% -0.88%
2014 6.89% 2.9%
2013 7.46% 4.82%
2012 23.6% 4.52%
2011 33.2% 4.16%
2010 8.15% 4.85%
2009 8.48% -0.74%
2008 44.4% 14%
2007 17.2% 4.74%
2006 12.3% 6.25%
2005 9.97% 3.49%
2004 3.33% 3.36%
2003 13.7% 1.63%
2002 0.68% 1.83%
2001 -8.24% 1.77%
2000 0.66% 0.67%
1999 7.94% 0.61%
1998 0.89% 3.09%
1997 2.4% 3.04%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/ethiopia/jordan | CC BY

Over the past 29 years, Ethiopia has recorded an average annual inflation rate of 13.6%, compared with 2.87% in Jordan. In 2025, inflation was 13.2% in Ethiopia and 1.77% in Jordan.

Top exports between countries

Ethiopia
Export category Export value
Raw agricultural goods $39.7M
Metals $235K
Raw materials & minerals $120K
Machinery & equipment $26K
Wood & paper products $11K
Textiles & consumer goods $6K
Chemicals & pharma $4K
Miscellaneous $1K
Precious metals & jewellery $1K
Jordan
Export category Export value
Raw materials & minerals $34.8M
Chemicals & pharma $2.01M
Miscellaneous $268K
Processed food, beverages & tobacco $173K
Textiles & consumer goods $146K
Machinery & equipment $65K
Metals $60K
Wood & paper products $44K
Animal & marine products $40K
Raw agricultural goods $24K

Balance of trade

Ethiopia Jordan
Current account balance
-$3.79B
2024
-$3.13B
2024
Current account balance ranking
154/190
2024
152/190
2024
Current account balance, % of GDP
-2.53%
2024
-5.33%
2024
Goods imports
$19.6B
2024
$23.9B
2024
Goods exports
$5.58B
2024
$13.3B
2024
Service imports
$5.51B
2024
$6.5B
2024
Service exports
$7.61B
2024
$9.45B
2024
Imports of goods and services, % of GDP
20.2%
2025
57.1%
2024
Exports of goods and services, % of GDP
13.3%
2025
42.6%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Ethiopia Jordan
Economic freedom 48.1 59.3
Economic freedom ranking 171/197 104/197
Property rights 22.1 52.3
Government integrity 33.2 51
Judicial effectiveness 19.1 44
Tax burden 78.6 84.1
Government spending 96.4 67.2
Fiscal health 84.3 5.2
Business freedom 44.5 62.7
Labor freedom 37.8 51.3
Monetary freedom 53.7 81.2
Trade freedom 57.4 82
Investment freedom 30 70
Financial freedom 20 60

Economic freedom comparison by year

Ethiopia
Jordan
1x
Year Economic freedom index
Ethiopia Jordan
2026 48.1 59.3
2025 48.1 59.4
2024 47.9 58.3
2023 48.3 58.8
2022 49.6 60.1
2021 51.7 64.6
2020 53.6 66
2019 53.6 66.5
2018 52.8 64.9
2017 52.7 66.7
2016 51.5 68.3
2015 51.5 69.3
2014 50 69.2
2013 49.4 70.4
2012 52 69.9
2011 50.5 68.9
2010 51.2 66.1
2009 53 65.4
2008 52.5 64.1
2007 53.6 64.5
2006 50.9 63.7
2005 51.1 66.7
2004 54.5 66.1
2003 48.8 65.3
2002 49.8 66.2
2001 48.9 68.3
2000 50.2 67.5
1999 46.7 67.4
1998 49.2 66.8
1997 48.1 63.6
1996 45.9 60.8
1995 42.6 62.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/ethiopia/jordan | CC BY

The Economic Freedom Index for Ethiopia is 48.1, ranking 171/197, compared to 59.3 for Jordan, ranking 104/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Ethiopia Jordan
Services, % of GDP
36.6%
2025
56.8%
2025
Industry, % of GDP
27.8%
2025
27.4%
2025
Agriculture, forestry, and fishing, % of GDP
32.8%
2025
5.56%
2025
GNI, Atlas method
$151B
2025
$60.6B
2025
GNI per capita, PPP
$3,620
2025
$12,440
2025
Total reserves including gold
$3.78B
2024
$26.6B
2025
Total reserves ranking
113/177
2024
61/177
2025
Net foreign direct investment
-$4.02B
2024
-$1.58B
2024
Net inflows of foreign direct investment
$4.02B
2024
$1.63B
2024
Net outflows of foreign direct investment
$0
2024
$54.1M
2024
Servicing debt to the IMF, % of GNI
0.91%
2024
7.85%
2024
Poverty at national poverty lines
33.1%
2021
14.2%
2020
Gross capital formation, % of GDP
20.1%
2025
23%
2021

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/ethiopia/jordan | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1991, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.