Ethiopia Poverty Rate
Ethiopia's poverty rate rose to 38.6% in 2021, up from 33% in 2015, according to World Bank. This represents an increase of 5.6% from the previous year. Ethiopia has the 18th highest poverty rate. Within Africa, it ranks 18th out of 36 countries.
Ethiopia's annual unemployment rate was 3.4% in 2024, unchanged from 2023.
Yearly Historical Data (1995-2021)
(in %)Ethiopia Poverty Rate : Definition
Poverty Rate measures the percentage of people in Ethiopia living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).