Ethiopia Just Got Measured Properly. Africa's 5th largest Economy.
⢠GDP of $211 billionâ¨â˘ Rebased GDP per capita rises to $1,517, which places Ethiopia within the World Bank's lower-middle-income rangeâ¨â˘ 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:
â˘Nigeria (2014): +89%
â˘Ghana (2010): ~+60%
â˘Kenya (2014): +25%
â˘Vietnam (2019): +25.4%
â˘Pakistan (2022): +11â13%
â˘Indonesia (2015): ~+6.5%
â˘India (2015): 4.7% to 6.9%
â¨Benefits of rebasing:
⢠A truer picture of the real economy for investors and lendersâ¨â˘ Better data on where growth actually comes fromâ¨â˘ Identifies untaxed activityâ¨â˘ More fiscal headroomâ¨â˘ A more accurate economic structureâ¨â˘ Better growth measurementâ¨â˘ Stronger credibility with investors and rating agenciesâ¨â˘ Better benchmarks for capital marketsâ¨â˘ Better planning inputs
Picture source:.ENA
the older you get, the more you realize luck is mostly exposure, if you sit in the same place, have the same routine, talk to the same person, nothing new really happens, you have to engage the world to win, travel more. talk to people.
Ethiopia has taken delivery of 12 Russian-made Su-35 fighter jets and will later receive four S-400 air defence systems from Moscow as part of a drive to bolster its military capabilities, Ethiopian Prime Minister Abiy Ahmed said on Wednesday. https://t.co/O5K951W6vj
If youâre trying to build wealth, I think your 30s are a good time to start paying attention to who you spend the most time around.
Not because your friends need to be rich.
But being around people who talk about careers, investing, business, health and improving their lives makes those things feel normal.
Your environment sets standards without asking permission.
Após a conferência de imprensa do Selecionador Nacional, e no seguimento de uma conversa com o Presidente da Federação Portuguesa de Futebol, tomei a decisão de deixar o estågio da Seleção Nacional.
A seu tempo, direi a verdade a todos os Portugueses sobre as razĂľes que motivaram a minha saĂda da equipa nacional, Ă qual sempre me dediquei.
Agora Ê tempo de desejar boa sorte a Portugal e a todos os meus companheiros de equipa, sem exceção.