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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Ethiopia economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Ethiopia best banks and safest banks are also available.
REGIONAL REPORT
Sub-Saharan Africa’s economic lions are pulling the continent into an unprecedented era of wealth creation and prosperity. With year-on-year growth of between 7% and 9%, Ghana, Angola, Mozambique, Zambia and Ethiopia have played a pivotal role in helping Africa’s economy triple in size since 2000.
USD 4 billion (2018)
World Bank, data retrieved October 2019
Intl$ 219.5 billion (2018, estimate)
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
11.8% | 11.2% | 10% | 10.6% | 11.4% | 8.7% | 9.9% |
2014 | 2015 | 2016 | 2017* | 2018* | ||
10.3% | 10.4% | 8% | 10.1% | 7.7% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
0.09% | 0.08% | 0.07% | 0.10% | 0.17% |
*Estimate
(2018 estimate)
9.6% | 6.6% | 10.7% | 13.8% | 14.6% |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
54.5% | 55.8% | 58.6% | 61% | 59.1% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
-1.9% | -2.3% | -3.3% | -3% | -2.8% |
*Estimate
Standard & Poor's: B
Moody's: B1
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
N/A | N/A | N/A |
-6.5 % (2018 estimate)
8.4% (2018)
0.01% (2018)
0.08% (2018)
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%)
Machinery and aircraft (14%, by value), metal and metal products, (14%), electrical materials, (13%), petroleum products (12%), motor vehicles, (10%), chemicals and fertilizers (4%)
Sudan 23.3%, Switzerland 10.2%, China 8.1%, Somalia 6.6%, Netherlands 6.2%, US 4.7%, Germany 4.7%, Saudi Arabia 4.6%, UK 4.6% (2017)
China 24.1%, Saudi Arabia 10.1%, India 6.4%, Kuwait 5.3%, France 5.2% (2017)
2016 | 2017 | 2018 |
USD 3,989 million | USD 4,017 million | USD 3,310 million |
2016 | 2017 | 2018 |
N/A | N/A | N/A |
2015 | 2016 | 2017 | 2018 |
N/A | N/A | N/A | N/A |
N/A
N/A
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
Subcategories:
Starting a Business: 168 out of 190 countries
Dealing with Construction Permits: 142 out of 190 countries
Getting Electricity: 137 out of 190 countries
Registering Property: 142 out of 190 countries
Getting Credit: 176 out of 190 countries
Protecting Minority Investors: 189 out of 190 countries
Paying Taxes: 132 out of 190 countries
Trading across Borders: 156 out of 190 countries
Enforcing Contracts: 67 out of 190 countries
Resolving Insolvency: 149 out of 190 countries
World Bank - Doing Business 2019
126 out of 141 countries (2019)
Ranking: 137 / Score: 53.6 (Mostly unfree)
(100=totally free 0=totally repressed)
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%, Sidam
Ethiopian Orthodox 43.5%, Muslim 33.9%, Protestant 18.5%, traditional 2.7%, Catholic 0.7%, other 0.6% (2007 est.)
1990 | 2000 | 2010 | 2015 | 2020* |
46.81 million | 63.5 million | 82.91 million | 89.76 million | 97.18 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
6.4% | 10.4% | 14.7% | 20.8% |
Total population: 49.1%
Male: 57.2%
Female: 41.1%
Definition: age 15 and over can read and write (2015 est.)
68.9% (last available estimate, 2015)
35 (last available estimate, 2015)
(0=perfect equality, 100=absolute inequality)
Not Free
Political Rights: 6
Civil Liberties: 6 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 1% Mobile: 0% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)
0.12 metric tons per capita (2014)