Ethiopia

Ethiopia Economic Outlook

  • Real GDP growth slowed to 8.0% in 2015/161 from 10.4% last year and is projected to remain stable at 8.1% in 2016/17 and 2017/18.
  • Public protests disrupted the nation in 2016 in the Oromia and Amhara regions, with the protestors citing concerns about political and economic marginalisation. The authorities declared a six-month state of emergency in October 2016, enacting a variety of measures to restore peace.
  • Ethiopia’s national development plans place emphasis on promoting export-led industrialisation with a focus on light manufacturing. However, the contribution of the industrial sector to GDP, employment and exports remains low.

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Key Facts

Flag:
Capital: Addis Ababa
Area: 1,110,400 sq km
Total Population 2017: 104.3 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 93.0 Billion
GNI Per Capita 2015: US$ 590
Inflation Rate: 8.42%
Crude Birth Rate (per 1000): 30.90%
Human Development Index (rank / 188): 174
Human Development Index (scale 0 to 1): 0.448
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 2.9 Billion

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Contacts

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