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PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP. [4] On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. [5]
The Second Five-Year Plan (1962–1967) signaled the start of a 20-year program to change Ethiopia's predominantly agricultural economy to an agro-industrial one. [41] The Third Five-Year Plan (1968–1973) also sought to facilitate Ethiopia's economic well-being by raising manufacturing and agro-industrial performance. [41]
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The Ministry of Finance and Economic Development is an Ethiopian government department. It is responsible for general financial management and economic policy of Ethiopia , in addition to the allocation of economic assistance.
For change of GDP per capita over time as a measure of economic growth, see real GDP growth and real GDP per capita growth. Non-sovereign entities (the world, continents, and some dependent territories ) and states with limited international recognition are included in the list in cases in which they appear in the sources.
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The Central Statistical Agency (CSA; Amharic: ማዕከላዊ ስታቲስቲክስ ኤጀንሲ) is an agency of the government of Ethiopia designated to provide all surveys and censuses for that country used to monitor economic and social growth, as well as to act as an official training center in that field.
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