Economy of Ethiopia

Imports

Imports commoditiesfood and live animals, petroleum and petroleum products, chemicals, machinery, motor vehicles, cereals, textiles

Import partnersChina 13.1%, US 11%, Saudi Arabia 8.4%, India 5.4% (2012)

Exports

Exports commoditiescoffee, khat, gold, leather products, live animals, oilseeds

Export partnersChina 13%, Germany 10.8%, US 8%, Belgium 7.7%, Saudi Arabia 7.6% (2012)

Economy sectors

Agriculture productscereals, pulses, coffee, oilseed, cotton, sugarcane, potatoes, khat, cut flowers; hides, cattle, sheep, goats; fish

Industrial productsfood processing, beverages, textiles, leather, chemicals, metals processing, cement

Economy

Unemployment17.5 % (2012)5.40 % (2011)5.40 % (2010)

GDP - Official Exchange Rate47.3 Billion $ (2013)41.9 Billion $ (2012)31.4 Billion $ (2011)

GDP growth rate7.00 % (2013)8.50 % (2012)7.50 % (2011)

GDP per Capita (PPP)1,300 $ (2013)1,300 $ (2012)1,100 $ (2011)

GDP - Purchasing Power Parity118 Billion $ (2013)109 Billion $ (2012)96.4 Billion $ (2011)

GDP PPP per land area107 Thousand $ per square kilometer (2013)98,705 $ per square kilometer (2012)87,286 $ per square kilometer (2011)

Electricity

Banking

Commercial bank prime lending rate12.0 % (2013)14.5 % (2012)16.0 % (2011)

GDP decomposition by sector

Agriculture % of GDP47.0 % (2013)46.2 % (2012)

Industry % of GDP10.8 % (2013)10.6 % (2012)

Services % of GDP42.2 % (2013)43.2 % (2012)

Tourism

International tourism, number of arrivals596 Thousand (2012)523 Thousand (2011)468 Thousand (2010)

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)50.4 % of GDP (2013)39.7 % of GDP (2012)44.7 % of GDP (2011)

Current Account Balance (Percentage of GDP)-6.97 % of GDP (2012)-2.50 % of GDP (2011)-1.45 % of GDP (2010)

External Debt Stocks (Percentage of GNI)24.3 % of GNI (2012)27.2 % of GNI (2011)24.8 % of GNI (2010)

Short-term debt (percentage of total external debt)0.35 % of total external debt (2012)2.03 % of total external debt (2011)4.28 % of total external debt (2010)

Current Account Balance (Total)-2.74 Billion $ (2013)-2.03 Billion $ (2012)-1.97 Billion $ (2011)

External Debt (Total)12.0 Billion $ (2013)10.0 Billion $ (2012)8.29 Billion $ (2011)

External Debt (Percentage of GDP)25.3 % of GDP (2013)23.9 % of GDP (2012)26.4 % of GDP (2011)

External Debt per Capita127 $ (2013)109 $ (2012)91.2 $ (2011)