The country ranks 65 in the world in term of real GDP and 7 in the Africa area.

For now 10 years, the country has been enjoying one of the fastest growth in the world - close to 11% per annum (10.63%) - the 5th fastest in the world over that period of time and the fastest for a country of that size. After decades of economic stagnation, this constitutes a remarkable performance for a country which does not enjoys any substantial mining resources.

However the country remains one the poorest in the globe with a GDP per capita of 533 USD in 2013.

Agriculture is the basis of today's Ethiopian economy.
The sector generates about 40% of GDP and employs about 80% of working population. It also drives the bulk of export as well as well as industrial production which is primarily driven by manufacturing of food and beverage products.
The main productions are coffee (Arabica), pulses and beans, oilseeds, cereals, potatoes, sugarcane, cotton and vegetables. Ethiopia's livestock is also one of the largest in Africa.
Since 2004, the country has also significantly developed its production of flowers for export markets, thanks to its climate as well as the presence of a very cheap labor force.
Agriculture production is also currently driven by foreign investors, who are bringing capital and modernization, albeit there is a fear this development of an export oriented agriculture might happened to the detriment of the domestic needs and local culture and customs.

Industry is still largely underdeveloped albeit recent growth.
And concentrated in Addis Ababa. It is dominated by food and beverages textiles and leather.

Tourism is limited but growing rapidly since the mid 90s with the number of tourist growing at more than 10% per annum (596,000 in 2012).
The country enjoys a very rich culture and history as well as great landscapes.

Finance Services:
The financial sector development is limited. Ethiopia is one the few countries which does have any stock market.

Infrastructure development:
Transport infrastructures:
Transport infrastructure are very poor.
The only railway - linking Addis Abeba to Djibouti - is largely inoperable.
However the government has focused on the development of regional airport. The national airline company - Ethiopian Airlines - is one the largest in Africa.
Hydro-power generation infrastructures:
Over the last 10 years, the government has been developing major projects in hydro-power to support local needs as well as export. This projects are supported by foreign loans and technologies - especially Chinese as well as Italian.
Gilgel Gibe III and IV with a combined power of 4,000 MW are under construction on the Omo River.
The Grand Ethiopian Renaissance Dam with a power of 6,000 MW, which construction has started, will further increase power generation of the country. However the construction of this major project on the Blue Nile is a subject of controversy with Egypt. When completed it will be one the 10th largest dam in the world.

The country has limited ressources. Only gold is found in significant quantity. Other minerals are coal, opal, gemstones, kaolin, iron ore, soda ash, and tantalum.
Global Rank Africa Rank
Area in km2 1,104,300 26 10
Population 2013 94,887,724 14 2
Demographic Growth 1.6 % 71 40
Fertility Rate 4.44 43 32
Population 2040 161,733,277 9 2
GDP (in USD Billions) 80 65 7
10 Year Growth 9.7 % 2 1
GDP Per Capita (in USD) 861 166 32

NB: Africa region counts 53 countries.
Real GDP Growth - annual and average by decade
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