e than 15 million people (25% of the population)
derive their livelihood from the coffee sector. Other exports include
live animals, hides, gold, and qat. In December 1999, Ethiopia signed
a $1.4 billion joint venture deal to develop a huge natural gas field
in the Somali Regional State. The war with Eritrea has forced the
government to spend scarce resources on the military and forced the
government to scale back ambitious development plans. Foreign
investment has declined significantly. Government taxes imposed in
late 1999 to raise money for the war will depress an already weak
economy. The war has forced the government to improve roads and other
parts of the previously neglected infrastructure, but only certain
regions of the nation have benefited.
GDP: purchasing power parity - $33.3 billion (1999 est.)
GDP - real growth rate: 0% (1999 est.)
GDP - per capita: purchasing power parity - $560 (1999 est.)
GDP - composition by sector:
agriculture: 46%
industry: 12%
services: 42% (1998 est.)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 4% (1999 est.)
Labor force: NA
Labor force - by occupation: agriculture and animal husbandry 80%,
government and services 12%, industry and construction 8% (1985)
Unemployment rate: NA%
Budget:
revenues: $1 billion
expenditures: $1.48 billion, including capital expenditures of $415
million (FY96/97)
Industries: food processing, beverages, textiles, chemicals, metals
processing, cement
Industrial production growth rate: NA%
Electricity - production: 1.36 billion kWh (1998)
Electricity - production by source:
fossil fuel: 7.35%
hydro: 89.34%
nuclear: 0%
other: 3.31% (1998)
Electricity - consumption: 1.265 billion kWh (1998)
Electricity - exports: 0 kWh (1998)
Electricity - imports: 0 kWh (1998)
Agriculture - products: cereals, pulses, coffee, oilseed, sugarcane,
potatoes; hides, cattle, sheep, goats
Exports: $420 million (f.o.b., 1998)
Exports - commodities: coffee, gold, leather products, oilseeds
Exports - partners: Germany 22%, Japan 12%, Italy 9%, UK 5% (1997
est.)
Imports: $1.25 billion (f.o.b., 1998 est.)
Imports - commodities: food and live animals, petroleum and petroleum
products, chemicals, machinery, motor vehicles
Imports - partners: Italy 10%, US 9%, Japan 8%, Jordan 5% (1997 est.)
Debt - external: $10
|