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EconomicEthiopia·19 Oct 2026

Kenya Overtakes Ethiopia as East Africa's Largest Economy, IMF Estimates Show

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According to the IMF's October 2026 World Economic Outlook, Kenya surpassed Ethiopia as East Africa's largest economy in nominal US dollar terms. This shift occurred because Ethiopia's transition to a market-determined exchange-rate system in July 2024 led to a significant depreciation of the birr, despite Ethiopia maintaining a higher real GDP growth rate…

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Addis Standard
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