On 4^th November 2026, the Ministry of National Strategy, formerly the Ministry of Planning and Development, announced the rebasing of Ethiopia’s national accounts, adopting FY2024/25 as the new GDP base year, replacing the previous base year after nine years. This resulted in a 59% upward revision of nominal GDP for FY2024/25 to Birr 24 trn (approximately $201bn), primarily reflecting broader coverage of economic activities and improvements in measurement methodologies rather than a corresponding increase in actual economic output. The revision provides a more comprehensive representation of the size and structure of the economy and has important implications for key macroeconomic indicators, including public debt-to-GDP, tax-to-GDP, and monetary and financial sector indicators. While the larger GDP denominator may improve several headline economic indications, it does not, in itself, increase fiscal capacity or reduce the nominal value of existing debt obligations. Overall, the rebasing provides a more representative statistical foundation for assessing the economic performance, fiscal position, and investment potential.