Source
Central bank

National Bank of Ethiopia

International Reserves

N/A

Source
Gross Domestic Product - GDP

US$ 52 billion (2014 estimate)

GDP (Purchasing Power Parity)

132 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
-2.1% 11.7% 12.6% 11.5% 11.8% 11.2% 10.0% 10.6%
2011 2012 2013 2014*        
11.4% 8.5% 9.7% 7.5%        

*Estimate

GDP per capita - current prices

US$ 570 (2014 estimate)

GDP per capita - PPP

$1,455 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.09% 0.08% 0.07% 0.12% 0.15%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 47% 
  • industry: 10.8% 
  • services: 42.2% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
33.2% 24.1% 8.0% 6.2%

*Estimate

Unemployment rate
2011 2012 2013 2014*
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
27.9% 26.2% 21.2% 22.2% 23.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-1.3% -1.6% -1.2% -3.4% -3.0%

*Estimate  

Government bond ratings

Standard & Poor's: B

Moody's rating: B1

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Ethiopia

N/A

 
 
Source
Current account balance

US$ -2.786 billion (2014 estimate)

Current account balance by percentage of GDP

-5.372% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

13.9% (2013)

(Data released on Oct 2014)

Shares in world total merchandising export

0.02% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.06% (2012)

(Data were released in 2014)

Total exports

US$ 3.214 billion (2013 estimate) 

Export commodities

coffee, khat, gold, leather products, live animals, oilseeds

Total imports

US$10.68 billion (2013 estimate) 

 
 
Source
Import commodities

food and live animals, petroleum and petroleum products, chemicals, machinery, motor vehicles, cereals, textiles

Exports - major partners

China 13%, Germany 10.8%, US 8%, Belgium 7.7%, Saudi Arabia 7.6% (2012)

Imports - major partners

China 13.1%, US 11%, Saudi Arabia 8.4%, India 5.4% (2012)

FDI inflows
2011 2012 2013
US$ 627 million US$ 279 million US$ 953 million
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 125 out of 189 countries (2013)

Subcategories:

Starting a business: 166 out of 189 countries

Enforcing Contracts: 44 out of 189 countries

Registering Property: 113 out of 189 countries

Getting credit: 109 out of 189 countries

Protecting investors: 157 out of 189 countries

Trading across border: 166 out of 189 countries

Paying Taxes: 109 out of 189 countries

Dealing with Construction Permits: 55 out of 189 countries

Getting Electricity: 91 out of 189 countries

Resolving Insolvency: 75 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

118

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 151 Score: 50.0 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Total area

1,104,300 km2 (2006)

Capital

Addis Ababa (2009)

Currency

birr (ETB) (2009)

Government type

federal republic (2009)

Languages

Amarigna 32.7%, Oromigna 31.6%, Tigrigna 6.1%, Somaligna 6%, Guaragigna 3.5%, Sidamigna 3.5%, Hadiyigna 1.7%, other 14.8%, English (major foreign language taught in schools) (1994 census)

Religions

Christian 60.8% (Orthodox 50.6%, Protestant 10.2%), Muslim 32.8%, traditional 4.6%, other 1.8% (1994 census)

Total population
1980 1990 2000 2012* 2017**
35.41 million 48.29 million 65.52 million 88.92 million 99.53 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
6.4% 10.4% 14.9% 17%
Population median age

19 years (2010)

Population growth rate

2.1% (2011)

Life expectancy

59 years (2010)

Adult literacy

30% (2005/2010)

% of population living on less than $2 a day

77.57% (2011)

Inequality of wealth distribution (Gini index)

29.83 (2005)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:6
Civil Liberties:6 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

17.65% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

1.1% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Addis Ababa: 211th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

0.0972 (Data were released in 2012 and refer to 2009)

World's Best Developed & Emerging Markets Banks

World's Best Banks By Region

World's Best Banks

2013

Best of…

Additional Awards