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Economy Ethiopia
Flag of Ethiopia Ethiopia
Population: 67,851,281 (July 2004 est.)
Capital: Addis Ababa
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Tabular Data - The Ethiopian Economy

GDP : purchasing power parity - $46.81 billion (2003 est.)
GDP - Real Growth Rate : -3.8% (2003 est.)
GDP - Per Capita : purchasing power parity - $700 (2003 est.)
GDP - Composition By Sector : agriculture: 46%
industry: 12.6%
services: 41.4% (2003 est.)
Population Below Poverty Line : 50% (2003 est.)
Household Income or Consumption by Percentage : lowest 10%: 3%
highest 10%: 33.7% (1995)
Inflation Rate (Consumer Prices) : 17.8% (2003 est.)
Labor Force - By Occupation : agriculture and animal husbandry 80%, industry and construction 8%, government and services 12% (1985)
Budget : revenues: $1.813 billion
expenditures: $2.4 billion, including capital expenditures of $788 million (2003 est.)
Industries : food processing, beverages, textiles, chemicals, metals processing, cement
Industrial Production Growth Rate : 6.7% (2001 est.)
Electricity - Production : 1.713 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 1.3%
hydro: 97.6%
nuclear: 0%
other: 1.2% (2001)
Electricity - Consumption : 1.594 billion kWh (2001)
Agriculture - Products : cereals, pulses, coffee, oilseed, sugarcane, potatoes, qat; hides, cattle, sheep, goats
Exports : $537 million f.o.b. (2003 est.)
Exports - Commodities : coffee, qat, gold, leather products, live animals, oilseeds
Exports - Partners : Djibouti 13.4%, Germany 11.4%, Saudi Arabia 6.9%, Japan 6.8%, Italy 6.4%, US 5.1% (2003 est.)
Imports : $1.964 billion f.o.b. (2003 est.)
Imports - Commodities : food and live animals, petroleum and petroleum products, chemicals, machinery, motor vehicles, cereals, textiles
Imports - Partners : Saudi Arabia 23.6%, US 16.6%, China 6.2%, Switzerland 5%, Italy 4% (2003 est.)
Debt - External : $2.9 billion (2001 est.)
Economic Aid - Recipient : $308 million (FY00/01)
Currency : birr (ETB)
Currency Code : ETB
Exchange Rates : birr per US dollar - NA (2003), 8.5678 (2002), 8.4575 (2001), 8.2173 (2000), 7.9423 (1999)
note: since 24 October 2001 exchange rates are determined on a daily basis via interbank transactions regulated by the Central Bank
Fiscal Year : 8 July - 7 July

Country References
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Data Source: Central Intelligence Agency 2004 World Factbook