GDP in Ethiopia

Ethiopia GDP | Economic News & Forecasts

Ethiopia - GDP

Ethiopia is currently in a rough patch. FDI inflows plunged notably in the first half of the current fiscal year as violent protests targeting foreign businesses deterred investment. A massive drought in parts of the country has hindered yields in the agricultural sector, which accounts for over 40% of the economy, and put millions at risk of famine and starvation. Despite these unfavorable developments, GDP growth is expected to remain resilient. The country secured over USD 200 million in fresh funds from China earlier this year and last month it began the construction of the first of 17 industrial parks. These projects will be instrumental in shifting the economy’s reliance from the primary sector to manufacturing and are likely to have a positive impact on the economy in the short- and medium-term.

Ethiopia - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)8.7  9.9  10.3  10.2  -     

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Ethiopia GDP Chart

Ethiopia GDP
Note: GDP, annual variation in %.
Source: National Bank of Ethiopia.

Ethiopia Facts

Exchange Rate22.960.25 %Mar 27

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