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    Etiop�a Econom�a 2000

      Econom�a - descripci�n: Ethiopia's economy is based on agriculture, which accounts for half of GDP, 90% of exports, and 80% of total employment. The agricultural sector suffers from frequent periods of drought and poor cultivation practices, and as many as 4.6 million people need food assistance annually. Coffee is critical to the Ethiopian economy, and Ethiopia earned $267 million in 1999 by exporting 105,000 metric tons. According to current estimates, coffee contributes 10% of Ethiopia's GDP. More 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.

      Producto Bruto Interno (PBI): purchasing power parity - $33.3 billion (1999 est.)

      PBI - Indice de Incremento real: 0% (1999 est.)

      PBI - por capital: purchasing power parity - $560 (1999 est.)

      PBI - Composici�n por Sector:
      agriculture: 46%
      industry: 12%
      services: 42% (1998 est.)

      Poblaci�n bajo linea de pobertad: NA%

      Ingreso en casa o porcentage de consumci�n:
      lowest 10%: NA%
      highest 10%: NA%

      Indice de Inflaci�n (precios del consumidor): 4% (1999 est.)

      Fuerza Laboral: NA

      Fuerza Laboral - por ocupaci�n: agriculture and animal husbandry 80%, government and services 12%, industry and construction 8% (1985)

      Indice de desempleo: NA%

      revenues: $1 billion
      expenditures: $1.48 billion, including capital expenditures of $415 million (FY96/97)

      Industrias: food processing, beverages, textiles, chemicals, metals processing, cement

      Industrial production growth rate: NA%

      Electricidad - Producci�n: 1.36 billion kWh (1998)

      Electricidad - producci�n por fuente:
      fossil fuel: 7.35%
      hydro: 89.34%
      nuclear: 0%
      other: 3.31% (1998)

      Electricidad - consumci�n: 1.265 billion kWh (1998)

      Electricidad - exportaciones: 0 kWh (1998)

      Electricidad - importaciones: 0 kWh (1998)

      Agricultura - productos: cereals, pulses, coffee, oilseed, sugarcane, potatoes; hides, cattle, sheep, goats

      Exportaciones: $420 million (f.o.b., 1998)

      Exporationes - comodidades: coffee, gold, leather products, oilseeds

      Exportaciones - socios: Germany 22%, Japan 12%, Italy 9%, UK 5% (1997 est.)

      Importaciones: $1.25 billion (f.o.b., 1998 est.)

      Importaciones - comodidades: food and live animals, petroleum and petroleum products, chemicals, machinery, motor vehicles

      Importaciones - socios: Italy 10%, US 9%, Japan 8%, Jordan 5% (1997 est.)

      Deuda - externa: $10 billion (1997)

      Ayuda economica - recipiente: $367 million (FY95/96)

      Moneda: 1 birr (Br) = 100 cents

      Indice de intercambio: birr (Br) per US$1 (end of period) - 8.2 (January 2000), 7.5030 (1998), 6.8640 (1997), 6.4260 (1996), 6.3200 (1995)
      note: since May 1993, the birr market rate has been determined in an interbank market supported by weekly wholesale auction; prior to that date, the official rate was pegged to US$1 = 5.000 birr

      A�o Fiscal: 8 July - 7 July

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    Revisto 01-Nov-00
    Copyright © 2000 Photius Coutsoukis (all rights reserved)