Ethiopia revises economy up nearly 60% to $201 billion after GDP rebasing
Published . Updated .
Covered by 3 outlets: CNBC Africa, Reuters, TradingView.
Who covered it: Center 1 · Not rated 2. How we rate outlets
Key takeaways
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NAIROBI, Nov 5 (Reuters) – Ethiopia has revised the size of its economy up by nearly 60% to $201 billion after rebasing its national accounts, according to a government presentation seen by Reuters. The statistical overhaul could shift key debt metrics as the country tries to
Directly affected
- No company is named in this report.
Indirectly affected
- AFK VanEck Africa Index ETF
VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“ethiopia”).
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-2.6% 8d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Africa
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Africa.
- EEM iShares MSCI Emerging Markets ETF-1.7% 19d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| AFK | -0.61% | -3.08% | base | +1.14% | after close | after close | after close |
| EMB | -0.15% | -0.65% | base | -0.34% | after close | after close | after close |
| EMLC | -0.22% | -0.61% | base | -0.14% | after close | after close | after close |
| EEM | +1.82% | -0.81% | base | -5.42% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Ethiopia revises economy up nearly 60% to $201 billion after GDP rebasing CNBC Africa
Source: CNBC Africa
The price since 5 Nov 2026: Vaneck Etf Trust (AFK) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Vaneck Etf Trust (AFK) | that day | +1.14% | final price |
| Vaneck Etf Trust (AFK) | three days earlier | -3.08% | final price |
| Vaneck Etf Trust (AFK) | five days earlier | -0.61% | final price |
| Ishares Tr (EEM) | that day | -5.42% | final price |
| Ishares Tr (EEM) | three days earlier | -0.81% | final price |
| Ishares Tr (EEM) | five days earlier | +1.82% | final price |
| EMB | that day | -0.34% | final price |
| EMB | three days earlier | -0.65% | final price |
| EMB | five days earlier | -0.15% | final price |
| EMLC | that day | -0.14% | final price |
| EMLC | three days earlier | -0.61% | final price |
| EMLC | five days earlier | -0.22% | final price |
Who gains and who loses around Vaneck Etf Trust (AFK)
Companies mentioned with this story
- AFK Vaneck Etf Trust
For “Ethiopia revises economy up nearly 60% to $201 billion after GDP rebasing,” Vaneck Etf Trust (AFK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“ethiopia”)
- EEM Ishares Tr
For “Ethiopia revises economy up nearly 60% to $201 billion after GDP rebasing,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa, which this story is about
Vaneck Etf Trust (AFK)
On 5 Nov 2026, “Ethiopia revises economy up nearly 60% to $201 billion after GDP rebasing” is the story that connects Vaneck Etf Trust (AFK) to this story.
The link for Vaneck Etf Trust (AFK) is this: VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“ethiopia”)
Ishares Tr (EEM) is here too. Its reason reads: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa, which this story is about
Dates and price levels for Vaneck Etf Trust (AFK)
AFK traded between 25.64 and 25.83 across 1 sessions. The latest close on file is 25.83. EEM traded between 65.24 and 69.22 across 16 sessions. The latest close on file is 65.76.
A simple score for Vaneck Etf Trust (AFK)
36 out of 100
“Ethiopia revises economy up nearly 60% to $201 billion after GDP rebasing” scores 36 out of 100. The score uses 3 sources, and 2 linked companies.