@Random-troy. Tanzania is much richer than Ethiopia. That's like saying that because India has a bigger GDP than Kuwait, then India is far ahead of Kuwait. That's not how economic works.
This can't be compared, Kenya and Ethiopia are the ones competing but Kenya has good GDP Per capita meaning more and more people in kenya are becoming middle income class
Thank you for watching and commenting. However, note that this is not our data. It is objective and virifiable data retrieved from the IMF as of October 2024. Please follow the link in the description for more details.🙂
Hi, thank you for watching. Please follow the IMF links provided in the video description to view updated data on Ethiopia's economy. We only use reliable and verifiable sources so that you can also check.
@@elemobayeta5794 Hi, we use updated IMF data from the provided links (check video description). Can you provide a reliable source for your information so that we can check? Thanks for watching.
ethiopia inflation is not about debt, it is debt spending on infrastructures and business...... WHEN you use debt to create business and economic returns, you are growing your economy, It's not like someone using debt to buy a car and being in debt to pay it off, it is someone using debt to buy a car, and then using that car as a business, to transport people and cargo items, charging a fee $$$ as a business, so in the long run, the money from business, pays for the car purchase itself, this is simple economics. Inflation has 2 different sides to it and depending on what you do with borrowed money $$$, you can either become richer, or you can be poorer.
Hi, thank you for viewing and commenting. IMF data shows that Ethiopia has a much bigger GDP. Please follow the link in the description to view more detailed data.
@@imranzikhali4156people need to really stop saying this a trillion years million years hundred years because at the end of there is still a lot poverty, bad governance, borrowing from imf, high unemployment, questionable road infrastructure in some areas, government officials looting ect ect both countries still have these issues millions of years ahead I would say Luxembourg or something like that. + JKA airport that situation wouldn’t have occurred if Kenya was billions of years ahead we need to stop these comparisons because at the end of the day both countries still have a long way to go
Thank you so much!!!
You're welcome!🙂
Ethiopian development & and progress in Africa is very surprising . The land of Ethiopia economy growth so rapidly up the last 10 years.
background music is so high!
Thank you for your feedback. We will surely address that in our next videos.
To be honest Ethiopia is landlocked country so paying Djibouti $10 billion making high influences
Over USD 200 and USD 70 is incomparable
Reliable data shows that it is much closer. What about the GDP per capita?
@simplenomics they are still ahead of Tz by far . You can't compare the two countries.
Maybe the inflation rate between the two
@Random-troy. Tanzania is much richer than Ethiopia. That's like saying that because India has a bigger GDP than Kuwait, then India is far ahead of Kuwait. That's not how economic works.
Can you provide us with Eriterean economy outlook?
No economy
Hi, I surely will try to.
in 2024 GDP of Ethiopia 🇪🇹 is $145 billion.. Tanzania GDP is $79 billion... so GDP of Ethiopia 🇪🇹 is double of that of Tanzanian GDP
Correct,I think Kenya and Ethiopia are trying interms of economic growth
Thankyou
@@ernestsinje9700 You're welcome 🙂!
This can't be compared, Kenya and Ethiopia are the ones competing but Kenya has good GDP Per capita meaning more and more people in kenya are becoming middle income class
TANZANIA 🇹🇿 will certainly overtake Ethiopia in all aspects within 5 years. IT CAN BE DONE: LET us play our parts as TANZANIA TANZANIANS.
Ethiopia 8.4 percent bro big diffirence
The real Gdp of Ethiopia is around 100 billion it waa 205 B when Bir was over valued at 57 now is 126 still dropping
Really? Official data shows that it is growing. Let us observe and see whether that will change in the first 2 quaters of next year.
This ertrean data ethiopian economy is growing year by year the rest worlds know
Gdp is based in usd. That's why Nigeris came from 500 to 200B
in 2024 GDP of Ethiopia🇪🇹 is $145 billion followed by Kenya $116 billion, Tanzania $79 billion, Uganda 56 billion
@@jupiterplanet1316 it was 205 to 144 as Bir depreciate now is worse 127 may be by now less than 100 B.
you're lire Ethiopian GDP 205b
Thank you for watching and commenting. However, note that this is not our data. It is objective and virifiable data retrieved from the IMF as of October 2024. Please follow the link in the description for more details.🙂
Ethiopian GDP isn't 145 billion. It's 205 billion
Hi, thank you for watching. Please follow the IMF links provided in the video description to view updated data on Ethiopia's economy. We only use reliable and verifiable sources so that you can also check.
Tanzania is the hub of Africa and the football power house of East and Central Africa yet an Economy King of Africa
Hy u are not understand bro Ethiopia GDP 205 US million dollar
Hi, thank you for commenting. Please check the links in the description to find updated IMF data for 2024 as reported in the video.
It will be less than 100 by next year
Ethiopian GDP is $ 205 check properly
@@elemobayeta5794 Hi, we use updated IMF data from the provided links (check video description). Can you provide a reliable source for your information so that we can check? Thanks for watching.
Ethiopian gdp 205 billion dollars Ethiopia debt 23% in 2024
U cant compare Tanzania to Ethiopia, Ethiopia has a lot of internal conflicts,
ethiopia inflation is not about debt, it is debt spending on infrastructures and business...... WHEN you use debt to create business and economic returns, you are growing your economy, It's not like someone using debt to buy a car and being in debt to pay it off, it is someone using debt to buy a car, and then using that car as a business, to transport people and cargo items, charging a fee $$$ as a business, so in the long run, the money from business, pays for the car purchase itself, this is simple economics. Inflation has 2 different sides to it and depending on what you do with borrowed money $$$, you can either become richer, or you can be poorer.
You can't compare ethiopian GDP vs tzs GDP. Tzs GDP is bigger than ethiopian GDP
Hi, thank you for viewing and commenting. IMF data shows that Ethiopia has a much bigger GDP. Please follow the link in the description to view more detailed data.
@@Steve-z6b1q hhhhhhh really bro Ethiopia GDP 205 million if you don't no just leave how come compare heaven and earth
@@TeketelSeyoumit will be less than 190 by next year.
@pinchesmbuche4354 hhhhh u are dreaming bro
Ujinga una gharama zake
Kenya beats them all
Are you sure?🤔
@simplenomics kenya is a trillion years ahead of tanzania according to united nationa development index
@imranzikhali4156 Interesting. That's good. We will definitely check it out. What about other economic measures like GDP growth rate and public debt?
There is no Kenya here
@@imranzikhali4156people need to really stop saying this a trillion years million years hundred years because at the end of there is still a lot poverty, bad governance, borrowing from imf, high unemployment, questionable road infrastructure in some areas, government officials looting ect ect both countries still have these issues millions of years ahead I would say Luxembourg or something like that. + JKA airport that situation wouldn’t have occurred if Kenya was billions of years ahead we need to stop these comparisons because at the end of the day both countries still have a long way to go
I think this man is the ethiopian
🙂Just reporting the data. Thank you for viewing.
😂😂😂😅😅😅