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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 %)
Year Poverty Rate (%)
2021 38.6%
2015 33%
2010 37.4%
2004 41.3%
1999 65.9%
1995 73.5%
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).