Geopolitics Alpha

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

  • 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.
  • Exposed: AFK, EEM
  • Market reaction: EEM −5.4% on the day; AFK +1.1% on the day

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Ethiopia revises economy up nearly 60% to $201 billion after GDP rebasing

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

TickerT-5T-3T-1T0T+1T+2T+3
AFK-0.61%-3.08%base+1.14%after closeafter closeafter close
EMB-0.15%-0.65%base-0.34%after closeafter closeafter close
EMLC-0.22%-0.61%base-0.14%after closeafter closeafter close
EEM+1.82%-0.81%base-5.42%after closeafter closeafter 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

CompanyWhenMoveStatus
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
EMBthat day-0.34%final price
EMBthree days earlier-0.65%final price
EMBfive days earlier-0.15%final price
EMLCthat day-0.14%final price
EMLCthree days earlier-0.61%final price
EMLCfive 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.