Impact of COVID-19 on projected real GDP growth in Ethiopia 2019-2022
As of December 2020, the real Gross Domestic Product (GDP) growth in Ethiopia was revised down, considering the effects of the COVID-19 pandemic. In 2019, the real GDP growth was reviewed to 8.4 percent. Moreover, it is estimated that 2020 growth rate would remain positive regardless of the pandemic at 6.1 percent. The GDP growth in 2021 and 2022 was revised to 2 percent and 7.9 percent, respectively.
Ethiopia registered the first coronavirus infection on March 13, 2020. By April, more than 228 thousand cases were recorded in the country.
Ethiopia registered the first coronavirus infection on March 13, 2020. By April, more than 228 thousand cases were recorded in the country.
