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Ethiopia
We offer a data-driven country report for Ethiopia that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Ethiopia.[/vc_column_text][vc_column_text]Its population in 2018 was 107,534,882 [1]
In 2015, 92.16% of its total energy
consumption was renewable [2]
In 2021, its GDP grew by 5.64% [2]
In 2021 it had a negative Current
Account Balance of US$bn 3.17 [3]
Its Expenditure on R&D (as a percentage of
GDP) in 2017 was 0.27% [2]
What free trade areas or economic unions is it a member of?
Member of the African Continental Free Trade Area (AfCFTA) since 01/04/2019
Other members:
Benin, Burkina Faso, Cameroon, Chad, Congo, Côte d'Ivoire, Djibouti, Egypt, Equatorial Guinea, Eswatini, Gabon, Gambia, Ghana, Guinea, Kenya, Mali, Mauritania, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, Togo, Uganda, Western Sahara, Zimbabwe
What trade deals are there between African Continental Free Trade Area and other countries and economic unions?
None
[/vc_column_text][vc_column_text]What trade deals are there with other countries and economic unions?
Common Market for Eastern and Southern Africa (from 08/12/1994)
[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]Lord Waverley and Paul Baker: The Promise, Potential and Pitfalls of Britain’s Relationship with Africa
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National Bank of Ethiopia (NBE): Putting the Central Bank at the True Centre of Economic Revival
A Man for All Seasons and All Reasons: NBE Governor Takes Bank to the Forefront
East Africa Metals: Prospecting for Precious Metal, Uncovering Wealth of Trust in Fostering Personal Relationships
World Bank on COVID-19 in Africa: Can Safety Nets Ease Social and Economic Impacts?
Lord Waverley: Making the Case for Emerging Markets
Turbulence in African Skies
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Trade with the United Kingdom
Source: UK Office for National Statistics, October 2022.
Contains public sector information licensed under the Open Government Licence v3.0.