Ethiopia GDP (Gross Domestic Product) was INT$221.85billion for 2019 in PPP terms. Ethiopiaâs location gives it strategic dominance as a jumping off point in the Horn of Africa, close to the Middle East and its markets. - World Economics N/A. Ethiopiaâs current population is about 115 million and is expected to surpass 200 million by the end of 2049.Ethiopiaâs population is growing about 2.7% annually with no projected peak year or period of decline. 1.9 (%) in 2020. Industry, mainly construction, and services accounted for most of the growth. (212) 419-8286 84.27 USD Billion. ... How to Invest Wisely in the 2020âs. Bordering Eritrea, Somalia, Kenya, South Sudan, and Sudan, Ethiopia is landlocked, and has been using neighboring Djibouti's main port for the last two decades. In 2020, real GDP growth for Ethiopia was 1.9 %. OECD GDP rebounded by 9.0% in the third quarter of 2020 but remains below pre-pandemic high . Currently, 20.9 % of the population of Ethiopia is urban (23,376,340 people in 2019) Population Density The 2019 population density in Ethiopia is 112 people per Km 2 (290 people per mi 2 ), calculated on a total land area of 1,000,000 Km2 (386,102 sq. ... Health expenditure, private (% of GDP) Health expenditure, public (% of GDP) Health expenditure, total (% of GDP⦠Restrictive measures to curb the spread of the coronavirus remain largely in place, with only some schools reopening in late October. Last Release. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. Access the latest politics analysis and economic growth summary through 2011 for Ethiopia from The Economist Intelligence Unit Skip to main ... Real GDP will recover in 2021, ... November 6th 2020 Things to watch in Ethiopia in 2021. According to IMFâs regional economic outlook published in October 2019 before the pandemic forecasted that Ethiopiaâs real GDP will stand at 7.2 per cent in 2020. NOTE: The information regarding Ethiopia on this page is re-published from the 2020 World Fact Book of the United States Central Intelligence Agency and other sources. Dec 2019. In 2020, GDP for Ethiopia was 95.59 billion US dollars. This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. This statistic shows the share of economic sectors in the gross domestic product (GDP) in Ethiopia from 2009 to 2019. PopulationPyramid.net Population Pyramids of the World from 1950 to 2100. Industry was driven by construction, notably for industrial parks and infrastructure investments. In its April report, IMF had suggested that the biggest economic growth was to ⦠The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. (see Data FAQs). Frequency. Over the last decade, Ethiopia has been one of the fastest-growing countries in the world averaging annual increases in real GDP of close to 10%. World Bank cuts Ethiopia GDP forecast to 6.3% for 2020 fiscal year January 10, 2020 ADDIS ABABA (Reuters) â The World Bank has cut Ethiopiaâs economic growth forecast to 6.3% for the 2020 fiscal year, down from an earlier estimate of 9.0%, citing the growing debt burden of state-owned firms and a worsening security situation. The five major topographic features of the country are the Rift Valley, Western and Eastern Highlands, and Western and Eastern Lowlands. According to IMFâs regional economic outlook published in October 2019 before the pandemic forecasted that Ethiopiaâs real GDP will stand at 7.2 per cent in 2020.
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