Exports in Ethiopia
Ethiopia - ExportsEthiopia’s economic momentum continued to pick up in recent weeks, after economic growth accelerated to 6.3% in FY 2020 (8 July 2020–7 July 2021). In late December, the Tigray People’s Liberation Front withdrew from the Amhara and Afar regions and signaled a willingness for dialogue with the government. In late March, the government announced a unilateral ceasefire in the Tigray region, which the rebels accepted. Furthermore, the government pushed ahead with privatization efforts in March to expand the private sector economy. It announced new plans for the financial services sector that should end restrictive banking practices, boding well for foreign investment. A bill is expected by December. In addition, the state-owned power transmission company signed a lease agreement to share fiber-optic infrastructure with Kenya’s Safaricom, in a further sign of economic liberalization.
Ethiopia - Exports Data
|Exports (USD billion)||2.9||2.8||3.0||2.7||-|
5 years of economic forecasts for more than 30 economic indicators.
Ethiopia Exports Chart
Source: National Bank of Ethiopia.
|Exchange Rate||31.98||0.01 %||Jan 01|
|Stock Market||0.4||0.0 %||Jan 07|
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