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Ethiopia's economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20. Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [80] Industry, mainly construction, and services accounted for most of the growth.
“Our economy has continued to grow amid natural and man-made problems,” the planning and development minister, Fitsum Assefa, said earlier this month. Ethiopia's economy struggles as war ...
Another effect of the gross disparity in digital access is the economic impact on Ethiopia's economy. Ethiopia is currently one of 19 remaining countries on earth without a true stock exchange. Without access to capital and investments, Ethiopia's economy is growing at a snail pace of 5.4% in 2017. The digital divide plays a major factor in ...
Ethiopia's prime minister shifted his focus away from war on Wednesday, opening a cross-border highway to Kenya at the opposite end of his country, while the United Nations voiced alarm over ...
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Due to the lack of progress in reducing the rate of poverty in Ethiopia, a map of marginality was created for the region to survey the state of poverty. [4] In Marginality as a Root Cause of Poverty: Identifying Marginality Hotspots in Ethiopia, Gatzweiler defines marginality as "an involuntary position and condition of an individual or group at the margins of social, political, economic ...
In late 1990s, the Office for Revision of Addis Ababa's Master Plan (ORAAMP) and National Urban Planning Institute (NUPI) were launched to analyze the economic status of the city. The city covered 29% of Ethiopia's GDP (59.5 Billions $ in 2024) and 20% of national urban development as of 2022. Commercial Bank of Ethiopia in Addis Ababa
Goldman Sachs analysts project that a government-wide shutdown would reduce economic growth by around 0.15 percentage points for each week it lasted — but then “growth would rise by the same ...