COUNTRY PROFILE

COUNTRY
THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA
REGION
EAST AFRICA
CAPITAL CITY
ADDIS ABABA
POPULATION
96.5 MIL
OFFICIAL LANGUAGE
AMHARIC
(ENGLISH WIDELY USED FOR BUSINESS )
CURRENCY
BIRR (ETB)


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ECONOMIC INDICATORS

GDP
54.8
BILLION US$
GDP (PER CAPITA)
316
US$
GDP GROWTH
10.3%
INFLATION CONSUMER PRICES
11.8%
CURRENT ACCOUNT BALANCE
-4.7
BILLION US$
UNEMPLOYMENT
17.4%
LENDING INTEREST RATE
5%
EXPORTS OF GOODS & SERVICES
11.7%
OF GDP
IMPORTS OF GOODS & SERVICES
29.5%
OF GDP
TAX REVENUE
15.5%
OF GDP

POLITICAL STRUCTURE

HEAD OF STATE

HAILEMARIAM DESALEGN

EXECUTIVE ELECTIONS

EXPECTED
2018

LEGISLATIVE STRUCTURE

BICAMERAL LEGISLATIVE

LEGISLATIVE ELECTIONS

EXPECTED
2015

GDP PROFILE

AGRICULTURE
42.3%
INDUSTRY
15.4%
SERVICES
42.2%

EXPORTS

AGRICULTURAL PRODUCTS
81.8%
FUELS & MINING PRODUCTS
8.8%
MANUFACTURED PRODUCTS
9.4%

EASE OF DOING BUSINESS RANKING

2015

2014

STARTING A BUSINESS

168

165

DEALING WITH CONSTRUCTION PERMIT

28

30

REGISTERING PROPERTY

104

102

2015

2014

PROTECTING INVESTORS

154

143

PAYING TAXES

112

109

ENFORCING CONTRACTS

50

51

ADDITIONAL INSIGHT

STOCK EXCHANGE CAPITALIZATION

NO STOCK EXCHANGE

NET OFFICIAL DEVELOPMENT ASSISTANCE

US $ 3.2 BILLION

URBAN POPULATION (% OF TOTAL)

17%

FOREIGN DIRECT INVESTMENT

US $ 278.5 BILLION

INTERNET PENETRATION RATE

1.5 %

MOBILE PHONE SUBSCRIPTION RATE

22%

TOTAL OIL PRODUCTION

CURRENTLY EXPORING

GLOBAL TERRORISM INDEX

37 * 1 IS MOST TERRORISM. 116 IS LEAST

MO IBRAHIM GOOD GOVERNANCE RATING

33 * 1 IS BEST GOVERNANCE. 52 IS WORST GOVERNANCE

Graphics credit: www.infographic.ly

SOURCES
TRADING ECONOMICS INDICATORS
CIA WORLD FACT BOOK
IBRAHIM INDEX OF AFRICAN GOVERNANCE
WORLD BANK DOING BUSINESS 2015
WORLD BANK 2013/2014
WORLD TRADE ORGANISATION TRADE REPORTS