Key Economic Indicators

08 Sep 2014
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Gross Domestic Product

·      Ethiopia’s GDP is $ 47 Billion by end of 2012/13, the economy has been growing by 10.9% on average in the past decade, and growth is estimated to be 11.3% in 2013/14.  IMF projection is in the range of 8.1 to 8.5% accordingly.

·      Agriculture accounted for 43% of GDP in 2013 in contrast to 51% share in 2007. The sector generates over 70% export values and employs 85% of the total labour force.

·      The share of the service sector has been increasing in the past decade and reached 45% in 2013 from 39.8% in 2007 Industry’s share remains low at around 12%.

·      Per capita GDP (nominal) reached $550 in 2012/13, from $142 in 2003/04.

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