The 2010 CIA World Factbook. United States. Central Intelligence Agency

2001, Ethiopia qualified for debt relief from the Highly Indebted Poor Countries (HIPC) initiative, and in December 2005 the IMF forgave Ethiopia's debt. The global economic downturn led to balance of payments pressures, partially alleviated by recent emergency funding from the IMF. While GDP growth has remained high, per capita inome is among the lowest in the world.

      GDP (purchasing power parity):

      $84.02 billion (2010 est.) country comparison to the world: 77 $78.52 billion (2009 est.)

      $72.24 billion (2008 est.)

      note: data are in 2010 US dollars

      GDP (official exchange rate):

      $30.94 billion (2010 est.)

      GDP - real growth rate:

      7% (2010 est.) country comparison to the world: 20 8.7% (2009 est.)

      11.6% (2008 est.)

      GDP - per capita (PPP):

      $1,000 (2010 est.) country comparison to the world: 214 $900 (2009 est.)

      $900 (2008 est.)

      note: data are in 2010 US dollars

      GDP - composition by sector:

      agriculture: 42.9%

      industry: 13.7%

      services: 43.4% (2010 est.)

      Labor force:

      37.9 million (2007) country comparison to the world: 17

      Labor force - by occupation:

      agriculture: 85%

      industry: 5%

      services: 10% (2009 est.)

      Unemployment rate:

      NA%

      Population below poverty line:

      38.7% (FY05/06 est.)

      Household income or consumption by percentage share:

      lowest 10%: 4.1%

      highest 10%: 25.6% (2005)

      Distribution of family income - Gini index:

      30 (2000) country comparison to the world: 112 40 (1995)

      Investment (gross fixed):

      25.2% of GDP (2010 est.) country comparison to the world: 41

      Public debt:

      39.3% of GDP (2010 est.) country comparison to the world: 75 35.4% of GDP (2009 est.)

      Inflation rate (consumer prices):

      7% (2010 est.) country comparison to the world: 178 8.5% (2009 est.)

      Central bank discount rate:

      NA%

      Commercial bank prime lending rate:

      8% (31 December 2008) country comparison to the world: 129 7% (31 December 2006)

      Stock of narrow money:

      $4.764 billion (31 December 2010 est) country comparison to the world: 91 $4.972 billion (31 December 2009 est)

      Stock of broad money:

      $8.248 billion (31 December 2010 est.) country comparison to the world: 107 $8.641 billion (31 December 2009 est.)

      Stock of domestic credit:

      $8.661 billion (31 December 2010 est.) country comparison to the world: 97 $9.292 billion (31 December 2009 est.)

      Market value of publicly traded shares:

      $NA

      Agriculture - products:

      cereals, pulses, coffee, oilseed, cotton, sugarcane, potatoes, qat, cut flowers; hides, cattle, sheep, goats; fish

      Industries:

      food processing, beverages, textiles, leather, chemicals, metals processing, cement

      Industrial production growth rate:

      9.5% (2010 est.) country comparison to the world: 18

      Electricity - production:

      3.46 billion kWh (2007 est.) country comparison to the world: 121

      Electricity - consumption:

      3.13 billion kWh (2007 est.) country comparison to the world: 126

      Electricity - exports:

      0 kWh (2008 est.)

      Electricity - imports:

      0 kWh (2008 est.)

      Oil - production:

      0 bbl/day (2009 est.) country comparison to the world: 177

      Oil - consumption:

      38,000 bbl/day (2009 est.) country comparison to the world: 106

      Oil - exports:

      0 bbl/day (2007 est.) country comparison to the world: 197

      Oil - imports:

      33,590 bbl/day (2007 est.) country comparison to the world: 96

      Oil - proved reserves:

      430,000 bbl (1 January 2010 est.) country comparison to the world: 98

      Natural gas - production:

      0 cu m (2008 est.) country comparison to the world: 198

      Natural gas - consumption:

      0 cu m (2008 est.) country comparison to the world: 187

      Natural gas - exports:

      0 cu m (2008 est.) country comparison to the world: 59

      Natural gas - imports:

      0 cu m (2008 est.) country comparison to the world: 182

      Natural gas - proved reserves:

      24.92 billion cu m (1 January 2010 est.) country comparison to the world: 74

      Current account balance:

      -$2.232 billion (2010 est.) country comparison to the world: 158 -$1.996 billion (2009 est.)

      Exports:

      $1.729 billion (2010 est.) country comparison to the world: 134 $1.636 billion (2009 est.)

      Exports - commodities:

      coffee, qat, gold, leather products, live animals, oilseeds

      Exports - partners:

      China 10.87%, Germany 9.75%, Saudi Arabia 7.39%, US 7.21%,

       Netherlands 6.38%, Switzerland 5.33%, Sudan 4.35%, Belgium 4% (2009)

      Imports:

      $7.517 billion (2010 est.) country comparison to the world: 101 $6.946 billion (2009 est.)

      Imports - commodities:

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

      Imports - partners:

      China 14.73%, Saudi Arabia 8.41%, India 7.65%, US 4.3% (2009)

      Reserves of foreign exchange and gold:

      $1.88 billion (31 December 2010 est.) country comparison to the world: 101 $1.781 billion (31 December 2009 est.)

      Debt - external:

      $4.289 billion (31 December 2010 est.) country comparison to the world: 113 $3.621 billion (31 December 2009 est.)

      Exchange