Source
Central bank

National Bank of Ethiopia

International Reserves

USD 1.8 billion (2009)

World Bank, data retrieved January 2017

Source
Gross Domestic Product - GDP

USD 76.9 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 191.9 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
11.5% 11.8% 11.2% 10% 10.6% 11.4% 8.7%
2013 2014 2015 2016* 2017*    
9.9% 10.3% 10.2% 6.5% 7.5%    

*Estimate

GDP per capita - current prices

USD 830.0 (2017, estimate)

GDP per capita - PPP

Intl$ 2,070.9 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.09% 0.08% 0.07% 0.10% 0.2%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 36.2% 
  • industry: 17%
  • services: 46.8%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
8.1% 7.4% 10.1% 7.7% 8.2%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
42.4% 46.3% 56.1% 57.4% 60.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-1.9% -2.6% -2.5% -3% -3.2%

*Estimate

Government bond ratings

Standard & Poor's: B

Moody': B1

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -7.2 billion (2017 estimate)

Current account balance by percentage of GDP

-9.3% (2017 estimate)

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

9.8% (2015)

Shares in world total merchandising export

0.02% (2015)

Shares in world total commercial services export

0.06% (2015)

Total exports

USD 2.9 billion (2016 estimate)

Export commodities

Coffee (27%, by value), oilseeds (17%), edible vegetables including khat (17%), gold (13%), flowers (7%), live animals (7%), raw leather products (3%), meat products (3%)

Total imports

USD 14.7 billion (2016 estimate)

 
 
Source
Import commodities

Machinery and aircraft (14%, by value), metal and metal products, (14%), electrical materials, (13%), petroleum products (12%), motor vehicles, (10%), chemicals and fertilizers (4%)

Exports - major partners

Switzerland 14.3%, China 11.7%, US 9.5%, Netherlands 8.8%, Saudi Arabia 5.9%, Germany 5.7% (2015)

Imports - major partners

China 20.4%, US 9.2%, Saudi Arabia 6.5%, India 4.5% (2015)

FDI inflows
2013 2014 2015
USD 1,281 million USD 2,132 million USD 2,168 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

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

Overall ranking: 159 out of 190 countries (2016)

Subcategories:

Starting a business: 179 out of 190 countries

Enforcing Contracts: 80 out of 190 countries

Registering Property: 133 out of 190 countries

Getting credit: 170 out of 190 countries

Protecting investors: 175 out of 190 countries

Trading across border: 167 out of 190 countries

Paying Taxes: 90 out of 190 countries

Dealing with Construction Permits: 176 out of 190 countries

Getting Electricity: 127 out of 190 countries

Resolving Insolvency: 120 out of 190 countries

Global competitiveness ranking

109 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 148 / Score: 51.52 (Mostly unfree) (2017)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+3

Total area

1,104,300 sq km

Capital

Addis Ababa

Currency

birr (ETB)

Government type

federal republic

Languages

Oromo (official working language in the State of Oromiya) 33.8%, Amharic (official national language) 29.3%, Somali (official working language of the State of Sumale) 6.2%, Tigrigna (Tigrinya) (official working language of the State of Tigray) 5.9%, Sidamo 4%, Wolaytta 2.2%, Gurage 2%, Afar (official working language of the State of Afar) 1.7%, Hadiyya 1.7%, Gamo 1.5%, Gedeo 1.3%, Opuuo 1.2%, Kafa 1.1%, other 8.1%, English (major foreign language taught in schools), Arabic (2007 est.)

Religions

Ethiopian Orthodox 43.5%, Muslim 33.9%, Protestant 18.5%, traditional 2.7%, Catholic 0.7%, other 0.6% (2007 est.)

 

Total population
1990 2000 2010 2014* 2019**
48.338 million 65.578 million 82.95 million 90.982 million 101.044 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
6.4% 10% 15% 19%
Population median age

17.6 years (2014 est.)

Population growth rate

2.89% (2014 est.)

Life expectancy

60.75 years  (2014 est.)

Adult literacy

39% (2007 estimate)

% of population living on less than $2 a day

72.2% (2011)

Inequality of wealth distribution (Gini index)

33.6 (2011)
(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 6
Civil Liberties: 6 (2014)

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

Total telephone subscribers as % of population

Fixed  0.8%   Mobile  27.3% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

1.90% (2013)

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 186th (2014)

CO2 emissions(Metric tons of CO2 per capita)

0.1 (2010)

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