Industry Sector Contribution to GDP in Ethiopia (1990-2022)

Industry Sector Contribution to GDP in Ethiopia (1990-2022)

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TGM StatBox. (2024). Industry Sector Contribution to GDP in Ethiopia (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Ethiopia
Published date: 2024
Note: Industry (% of GDP), according to World Development Indicators, measures the contribution of the industrial sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of manufacturing, mining, construction, and utilities, indicating the value generated by industrial activities relative to the overall economy.
Key Takeaways
Ethiopia’s industrial sector experienced strong growth, rising from 9.3% in 1990 to 27.3% in 2018, bolstered by government-led industrialization policies and foreign investments, especially in manufacturing. However, political challenges and economic adjustments reduced this to 21.9% by 2021. The sector rebounded slightly in 2022 to 22.7%, with growth driven by textile and agro-industrial expansions. Ethiopia's industrial growth reflects its broader developmental goals, though progress is impacted by internal socio-economic factors and global market demand for Ethiopian exports.

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