General profile: Ethiopia

GENERAL INFORMATION FOR 2021
Population
Population
Exchange rates
Exchange rate
GDP
GDP
120.283 Millions
43.791 ETB/US$
96 280 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 1 128 571 km²
26.78 %
3.20 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+21.2 %
Merchandise exports growth rate in 2021
Total merchandise trade
(millions of US$)
2005
2010
2015
2021
Merchandise exports
903
2 330
2 914
3 949
Merchandise imports
4 095
8 602
16 702
15 973
Merchandise trade balance
-3 192
-6 272
-13 788
-12 024
Export structure by product group in 2021
(as % of total exports)
3 %3 %16 %16 %5 %5 %77 %77 %
Top 5 partners in 2021
(exports, millions of US$)
1 1154274002271781 115427400227178
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2021
Services exports
1 012
2 165
3 087
(e) 5 578
Services imports
1 194
2 550
4 884
(e) 6 654
Services trade balance
-182
-385
-1 797
(e) -1 076
Services exports by main category²
(as % of total services)
2005
2010
2015
2021
Transport
46.1
54.4
76.4
(e) 72.0
Travel
16.6
24.1
13.1
(e) 17.5
Other services
37.3
21.5
10.5
(e) 10.5
TRADE INDICES
More data on UNCTADstat
112109928910410010099938482785750474138322526252510599929210110610010294991039689838378787370676671
ECONOMIC TRENDS
More data on UNCTADstat
+3.2 %
Gross domestic product growth rate in 2021
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
GDP, current
12 164
26 311
63 079
96 280
GDP per capita, current US$
157
295
616
800
Real GDP growth, y-on-y, %
11.82
12.55
10.39
3.20
Current account balance, % of GDP
-12.89
-2.41
-12.00
(e) -3.29
Exchange rate (/US$)
8.666
14.410
20.577
43.791
GDP by expenditure in 2020
(as % of total GDP)
70.09.130.87.116.970.09.130.87.116.9
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
..
FDI outflows as % of GDP in 2021
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
FDI inflows
265.11
288.27
2 626.52
4 259.45
FDI outflows
..
..
..
..
Personal remittances, % of GDP
1.43
1.66
1.72
..
Financial flows trends
(millions of US$)
504.5531.0436.3393.4772.21 087.01 796.4833.0624.4538.3436.1261.6386.7357.8172.2173.5133.746.533.018.353.24 2592 3812 5493 3104 0174 1432 6271 8551 344279627288221109222545265545465255349135FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2021
Balance, % of GDP
-24.38
-20.33
-21.97
(e) -11.43
Balance, % of imports
-60.58
-53.96
-69.79
(e) -52.87
Normalized balance
-0.435
-0.369
-0.536
(e) -0.359
Trade openness²
(sum of imports and exports as % of GDP)
3226293434364145444858554450505056
LIVING AREA
Population by living area in 2021
(% of population)
Urban
22%Urban 22%Rural
78%Rural 78%
OTHER INDICATORS
More data on UNCTADstat
0.016 %
Share of the total world merchant fleet in 2021
Maritime transport indicators
 
2005
2010
2015
2021
Merchant fleet, national flag (thousands of DWT)
98
150
434
338
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
..
..
..
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2021
Share of ICT goods, % of total exports
0.07
0.25
0.54
..
Share of ICT goods, % of total imports
7.02
8.31
7.49
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 20 October 2022