Ethiopia Economic Outlook

  • Estimated growth of 6.9% in 2011/12 made Ethiopia one of Africa’s best performing economies.
  • The government has brought down inflation but it remains at 10.3% in February 2013.
  • Ethiopia does not have major natural resources and the government wants growth from industrialisation.


Ethiopia field office

African Development Bank Group
Get-House Building, 7th and 8th Floor
Kirkos Sub-City, Kebele 20/21, House  N° 056
Addis Ababa, Ethiopia
P.O. Box 25543 - 1000

Phone: (251) 115 546 336
Fax: (251) 115 546 335

Mrs. Josephine Ngure, Resident Representative

East Africa Regional Resource Center (EARC)

African Development Bank Group
Khushee Tower
Longonot  Road, Upper Hill
Nairobi, Kenya

Phone: (254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (254) 20 2712938

Mr. Gabriel Negatu, RRC Director


Solomon Tesfasilassie Tegegne - Ethiopia 07/05/2012 14:56
i really appreciate what AfDB is doing to speed up regional integration and economic development in Africa. Its regional roads and electric highways can be noticeably indicated. we Africans badly need such institutions which can effectively work for the renaissance of the continent.
Mr. Wondwossen Regassa - Ethiopia 15/12/2011 14:23
I am really pleased and appreciate the AfDB infrastructure development assistance program in Ethiopia and other African countries too.
Andarge Mekonnen - Ethiopia 20/09/2011 08:59
I am pleased while getting vast information about Ethiopia from this site and so i would like to thank you a lot for your concern on development issues.
Yigzaw Bayew Chekol - Ethiopia 04/11/2010 04:46
I am pleased to see interesting pictures of Addis Ababa and Tis Abay

Key Facts

Capital: Addis Ababa
Area: 1,110,400 sq km
Total Population 2012: 86.5 Million
Urban Population 2012: 17.05%
Female Population 2012: 50.23%
GDP: US$ 39.9 Billion
GNI Per Capita 2012: US$ 400
Inflation Rate: 31.00%
Crude Birth Rate (per 1000): 30.18%
Human Development Index (rank / 187): 173
Human Development Index (scale 0 to 1): 0.396
Membership Date: 10/09/1964
Cumulative Approvals (1967-2012): UA 2.3 Billion

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