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Home >> World Economy >> Ethiopia Economy

Ethiopia Economy


Economic Indicators Economic Structure Of Ethiopia Export & Import Insurance Mortgage Stock
 


Ethiopia is a lower income country coming under the Sub Saharan African region,


Ethiopia economy : according to the classification made by the World Bank on the basis of income and region for the year 2005.

The country constitutes a total surface area of 1.1 million square kilometer in the year 2004 with a forest area of 137.1 thousand square kilometer in 2000.

Ethiopia Economy - Social Indicators

The total population of the country as of the year 2004 is estimated at 70.0 million with an annual growth rate of 1.9%.

The following graph represents the average annual growth rate of population of the country over the years.
Population growth


The life expectancy at birth years in the country for 2004 is calculated at 42.5 years. The infant mortality rate per one thousand life births in the country for 2004 was 110.4.
The mortality rate under the age of 5 per one thousand is estimated at 166.4 in the same year.

Key Economic Indicators of Ethiopia Economy

GDP Growth

The economy of the country largely relies upon the agriculture sector.
The Gross National Income in the country as of the year 2004 has reached at 7.6 billion in current US $ with a per capita level of 110.0 current US $ for the same year.

The Gross Domestic Product of the country in 2004 was 8.0 billion in current US$ with a growth rate of 13.1% per annaum.
The following diagram shows the growth rate of GDP of the country over the years.