The International Monetary Fund reported that Ethiopia leads East Africa in purchasing power parity.
A report issued in Addis Ababa shows that Ethiopia recorded an annual purchasing power parity gross domestic product of 558.93 billion dollars.
This figure places it ahead of Kenya and Tanzania. The combined total for the top three countries reaches 1.35 trillion dollars.
The report states this capacity exceeds the combined totals of countries ranked from fourth to nineteenth.
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Prime Minister Abiy Ahmed (Dr.) inaugurated the fourth Ethiopia Tamar expo today. He stated Ethiopia achieved $10 billion in export revenue for the first time in history this year. Industry Minister Melaku Alebel said the manufacturing sector is the center of national sovereignty.
The Amhara Region generated 726.7 million dollars in revenue from exports of pulses, oilseeds, and coffee during the 2018 budget year.
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Foreign Minister Gedion Timothewos said the Grand Ethiopian Renaissance Dam and Bishoftu International Airport are confirming Ethiopia as the regional energy and logistics hub.
Official data released today showed Egypt's exports rose 21.1 percent year-on-year to 5.1 billion dollars in April 2026.
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Ethiopia earned 408.2 million dollars by exporting 236,415 tons of horticulture products over the past 10 months. Agriculture Minister Adisu Arega announced the revenue during a visit to production sites.
Ethiopia has taken over the chairmanship of the East African Power Pool Ministers Council from Egypt. The handover occurred during the 37th special meeting of the steering committee held in Addis Ababa.
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The International Monetary Fund published its report on the second review of the Extended Fund Facility agreement with Argentina. It approved a disbursement of one billion dollars and issued observations on statistics and fiscal targets.