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Ethiopia 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.)
Investment (gross fixed):
17% of GDP (2003)
Population below poverty line:
50% (2003 est.)
Household income or consumption by percentage share:
lowest 10%: 3%
highest 10%: 33.7% (1995)
Distribution of family income - Gini index:
40 (1995)
Inflation rate (consumer prices):
17.8% (2003 est.)
Labor force:
NA (2001 est.)
Labor force - by occupation:
agriculture and animal husbandry 80%, industry and construction 8%, government and services 12% (1985)
Unemployment rate:
NA (2002)
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%
other: 1.2% (2001)
nuclear: 0%
Electricity - consumption:
1.594 billion kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
23,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
214,000 bbl (1 January 2002)
Natural gas - proved reserves:
12.46 billion cu m (1 January 2002)
Agriculture - products:
cereals, pulses, coffee, oilseed, sugarcane, potatoes, qat; hides, cattle, sheep, goats
Current account balance:
$-408 million (2003)
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.)
Reserves of foreign exchange & gold:
$956 million (2003)
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
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