Population: 94 million in 20131
GDP: $47 billion in 20132
GDP per capita: $505 nominal3 ($1,354 PPP4) in 2013
GDP growth rate: 10.5% in 20135
GDP by Industry 20126
Industry sector | Value added ($ millions) 2012 | Percent of total |
Agriculture, hunting, forestry, fishing | 12,579 | 45.2% |
Other activities | 5,919 | 21.3% |
Wholesale, retail trade, restaurants and hotels | 5,204 | 18.7% |
Transport, storage and communication | 1,177 | 4.2% |
Construction | 1,130 | 4.1% |
Manufacturing | 1,067 | 3.8% |
Mining and utilities | 728 | 2.6% |
Total value added | 27,804 | 100% |
Unemployment rate: 5.7% in 20137
Employment by Industry 20138
Employment sector | Employees (thousands) 2013 | Percent of total |
Agriculture, forestry and fishing | 30,817 | 72.7% |
Activities of households as employers | 3,091 | 7.3% |
Wholesale trade, retail trade and repair of motor vehicles | 2,305 | 5.4% |
Manufacturing | 1,902 | 4.5% |
Construction | 825 | 1.9% |
Education | 683 | 1.6% |
Accommodation and food service | 482 | 1.1% |
Other service | 456 | 1.1% |
Transportation and storage | 353 | 0.8% |
Public administration and defence | 287 | 0.7% |
Human health and social work | 252 | 0.6% |
Water supply, sewerage and waste management | 200 | 0.5% |
Mining and quarrying | 180 | 0.4% |
Administrative and support service | 143 | 0.3% |
Professional, scientific and technical | 140 | 0.3% |
Finance and insurance | 134 | 0.3% |
Information and communication | 60 | 0.1% |
Arts, entertainment and recreation | 42 | 0.1% |
Electricity, gas, steam and air conditioning | 27 | 0.1% |
Extraterritorial organizations and bodies | 22 | 0.1% |
Real estate | 2 | 0.0% |
Total employment | 42,404 | 100% |
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $19 billion (23% of GDP) in 201410
Household Wealth per Adult: $427 in 201410
Gini Coefficient: .33 in 201111
Central Government
Central Government Revenue: $6.7 billion (14% of GDP) in 201312
Central Government Expenditure: $8.0 billion (17% of GDP) in 201312
Central Government Budget Balance: -$1.3 billion (-3% of GDP) in 201312
Central Government Public Debt: N/A
Central Government 10 Year Bond Interest Rate: 6.63% in Dec 201413
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 2013* 14
Corporate Tax Rate: 30% in 201315
* Individual thresholds calculated using the exchange rate 20.28 ETB = 1 USD
Money Supply (M0): $6.6 billion (14% of GDP) in Jun 2014* 16
Benchmark Interest Rate: Deposit Interest Rate = 5.0% in Feb 201517
Total Reserves: $1.8 billion (4% of GDP) in 200918
Exchange Rate: 20.28 Ethiopian Birr = 1 U.S. Dollar on Feb 4, 201519
Inflation: 8.1% in 201320
* Money supply calculated using the exchange rate 20.28 ETB = 1 USD
Top 10 Financial Institutions by Assets 201321
N/A (data not available at Relbanks.com)
Exports: $3.2 billion (7% of GDP) in 201322
Imports: $10.7 billion (23% of GDP) in 201322
Trade Balance: -$7.5 billion (-16% of GDP) in 201322
Foreign Direct Investment Inflow: $952 million (2% of GDP) in 201323
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $3.2 billion (7% of GDP) in 201224
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, ILOSTAT, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Market Watch (Government bond yield) Go back
14. Source: KPMG Ethiopia Fiscal Guide (Individual tax rates) Go back
15. Source: KPMG Ethiopia Fiscal Guide (Corporate tax rate) Go back
16. Source: Monetary Development (Money supply) Go back
17. Source: Central Bank of Ethiopia, Frequently Asked Questions (Benchmark interest rate) Go back
18. Source: World Bank Indicators (Total reserves) Go back
19. Source: xe.com (Exchange rate) Go back
20. Source: World Bank Indicators (Inflation rate) Go back
21. Source: Relbanks.com (Financial institutions by assets) Go back
22. Source: CIA World Factbook (Trade data) Go back
23. Source: World Bank Indicators (FDI data) Go back
24. Source: World Bank Indicators (Aid data) Go back