Ethiopia forecasts double-digit growth in 2025, driven by economic reforms, rising exports, and foreign investment.

Ethiopia projects double-digit economic growth in 2025, driven by reforms that diversified its economy beyond agriculture. Prime Minister Abiy Ahmed cited falling inflation to 11.7%, record exports of $8.3 billion—surpassing services for the first time—and a tenfold increase in foreign reserves. Revenue rose to 1 trillion birr, with $7.4 billion in remittances and $4 billion in foreign investment. The mining sector now contributes 1% to GDP, and industry grew 13%. Debt remains under $23 billion, with no new commercial borrowing in seven years. Abiy projected Ethiopia will become Africa’s largest economy by 2044.