Ethiopia Sees 61.2 Percent Industrial Output Growth in Nine Months

Prime Minister Abiy Ahmed (Dr.) today inaugurated the 3rd “Made in Ethiopia” Expo, a significant event aimed at showcasing the nation’s industrial growth. The 5-day expo, set a record with 288 exhibitors displaying a wide range of local products.

The Prime Minister’s Office highlighted promising developments in Ethiopia’s manufacturing sector over the past three years. The sector’s annual growth rate rose from 4.8% in the 2022 fiscal year to 8.4% in 2024, with expectations for a 12% increase by the end of this fiscal year.

Industrial production capacity surged by 61.2% in the first nine months of the 2024/2025 fiscal year, while revenue from the sector matched the \$2.1 billion mark, equivalent to the total for the entire 2022 fiscal year.

Energy consumption in manufacturing also grew significantly, from 3.88 billion kilowatt hours in 2015 to 4.67 billion in 2024, a reflection of increased production.

Looking ahead, Ethiopia plans to expand its agro-processing capacity by producing agricultural machinery, alongside developing energy generation solutions to address rural irrigation and domestic power needs. Efforts to drive innovation and bring new products to the market will continue to strengthen Ethiopia’s industrial capabilities.