Labor force: 52.82 million 87 84 $2.814 billion [see also: Current account balance country ranks ] 21.732 Stock of direct foreign investment - at home: (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): (2017) (2017 est.) The name teff is thought to originate from the Amharic word teffa, which means “lost”. [see also: Labor force - by occupation - agriculture country ranks ] 126 $24.82 billion 110 [see also: Labor force - by occupation - agriculture country ranks ] (2016 est. NA The country has been in a legal tussle with a Dutchman owning a patent on the production of Teff flour. 139 [see also: Stock of narrow money country ranks ] [see also: Commercial bank prime lending rate country ranks ] 32.1% of GDP (31 December 2016 est. $9.042 billion [see also: Stock of direct foreign investment - at home country ranks ] of local cheese 157 Birr 1 kg (2 lb.) exports of goods and services: 8.1% (31 December 2016 est. $27.66 billion 87 Exports - partners: Sudan 23.3%, Switzerland 10.2%, China 8.1%, Somalia 6.6%, Netherlands 6.2%, US 4.7%, Germany 4.7%, Saudi Arabia 4.6%, UK 4.6% (31 December 2016 est. $8.757 billion Exports - commodities: coffee (27%, by value), oilseeds (17%), edible vegetables including khat (17%), gold (13%), flowers (7%), live animals (7%), raw leather products (3%), meat products (3%) Stock of domestic credit: [see also: Labor force - by occupation - agriculture country ranks ] 203 )country comparison to the world (CIA rank, may be based on non-current data): 33 7.3% 203 )country comparison to the world (CIA rank, may be based on non-current data): 12.2% (31 December 2017 est.) [see also: GDP - composition, by end use - household consumption country ranks ] 139 [see also: Stock of direct foreign investment - at home country ranks ] $27.66 billion (2017 est. 25 [see also: Population below poverty line country ranks ] 25 [see also: Labor force country ranks ] [see also: GDP - composition, by end use - investment in inventories country ranks ] 21.55 (31 December 2017 est.) $25.78 billion (2017 est.) $8.757 billion Imports - partners: China 24.1%, Saudi Arabia 10.1%, India 6.4%, Kuwait 5.3%, France 5.2% [see also: Unemployment rate country ranks ] (31 December 2017 est.) Ethiopia: Teff Scarce, Prices Sky High. Commercial bank prime lending rate: 25 54 (2017 est.) (2017) Debt - external: 110 $25.78 billion 203 Household income or consumption by percentage share: $15.59 billion Eragrostis tef is a self pollinated tetraploid annual cereal grass. 110 )country comparison to the world (CIA rank, may be based on non-current data): [see also: Industrial production growth rate country ranks ] 32.4% of GDP ), Imports - commodities: machinery and aircraft (14%, by value), metal and metal products, (14%), electrical materials, (13%), petroleum products (12%), motor vehicles, (10%), chemicals and fertilizers (4%), Imports - partners: China 24.1%, Saudi Arabia 10.1%, India 6.4%, Kuwait 5.3%, France 5.2% (2017 est.) NA (2016 est. 25 No claims are made regarding the accuracy of Ethiopia Economy 2020 information contained here. 21.732 (31 December 2016 est. (31 December 2016 est. Stock of direct foreign investment - at home: [01/28/15] Teff is a grass indigenous to Ethiopia, and its seed can be cooked like a grain or milled to make flour. 87 Meskerem used to buy a kilogram of white teff, a staple food in Ethiopia, also known as Eragrostis tef, for less than 20 Br half a year ago. Commercial bank prime lending rate: (2017) revenues: 11.24 billion )country comparison to the world (CIA rank, may be based on non-current data): Fiscal year: 8 July - 7 July (2017 est. (2014 est.) Imports: GDP - composition, by sector of origin: 21.732 Exchange rates: birr (ETB) per US dollar - Public debt: )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. $8.757 billion Imports - partners: China 24.1%, Saudi Arabia 10.1%, India 6.4%, Kuwait 5.3%, France 5.2% services: 19.9% Stock of broad money: 114 21.732 (2016 est. (2011 est. Taxes and other revenues: 13.9% (of GDP) (2013 est.) Household income or consumption by percentage share: [see also: Stock of domestic credit country ranks ] SPEQ. (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Budget: (31 December 2016 est. (2015 est.) -$6.574 billion 54 (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): 21.55 [see also: Industrial production growth rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Reserves of foreign exchange and gold country ranks ] (31 December 2016 est. (31 December 2017 est.) 83, country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) [see also: Stock of direct foreign investment - at home country ranks ] $26.05 billion 84 [see also: Stock of direct foreign investment - at home country ranks ] 12.2% (2016 est. (31 December 2016 est. 87, country comparison to the world (CIA rank, may be based on non-current data): Stock of broad money: $3.23 billion 84 (2016 est. [see also: Central bank discount rate country ranks ] lowest 10%: 4.1% $15.59 billion Distribution of family income - Gini index: [see also: GDP - composition, by end use - exports of goods and services country ranks ] $26.05 billion )country comparison to the world (CIA rank, may be based on non-current data): Stock of broad money: (2013 est. )country comparison to the world (CIA rank, may be based on non-current data): 87 NA Budget: 87 54 5 Exports: [see also: Exports country ranks ] [see also: Debt - external country ranks ] (2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): 32.4% of GDP Description. (2017 est.) Stock of domestic credit: [see also: Unemployment rate country ranks ] (31 December 2017 est.) Exchange rates: birr (ETB) per US dollar - (31 December 2017 est.) [see also: Reserves of foreign exchange and gold country ranks ] 85 (2016 est. $9.042 billion Current account balance: Imports - commodities: machinery and aircraft (14%, by value), metal and metal products, (14%), electrical materials, (13%), petroleum products (12%), motor vehicles, (10%), chemicals and fertilizers (4%) Agriculture - products: cereals, coffee, oilseed, cotton, sugarcane, vegetables, khat, cut flowers; hides, cattle, sheep, goats; fish [see also: Labor force country ranks ] (2017 est.) (2013 est. NA (2017 est.) Household income or consumption by percentage share: (2017 est.) (2013 est. [see also: Stock of broad money country ranks ] [see also: Household income or consumption by percentage share - highest 10% country ranks ] Industrial production growth rate: 10.5% )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) 85 (31 December 2016 est. highest 10%: 25.6% $9.042 billion ), Inflation rate (consumer prices): Ethiopia - Ethiopia - Education: Ethiopia maintains two educational systems. 87 (2017 est.) $8.757 billion $27.66 billion (2016 est. (2017) )country comparison to the world (CIA rank, may be based on non-current data): 9.9% (31 December 2017 est.) Stock of direct foreign investment - at home: Stock of broad money: [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (31 December 2017 est.) ), Gross national saving: revenues: 11.24 billion agriculture: 72.7% (31 December 2016 est. 110 (31 December 2016 est. 87 88 (2005) $3.013 billion 53.2% of GDP Exports - commodities: coffee (27%, by value), oilseeds (17%), edible vegetables including khat (17%), gold (13%), flowers (7%), live animals (7%), raw leather products (3%), meat products (3%) (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) [see also: Imports country ranks ] imports of goods and services: -31.2% 32.1% of GDP [see also: Labor force - by occupation - industry country ranks ] (31 December 2017 est.) 85 54.2% of GDP ), Debt - external: (31 December 2017 est.) $14.69 billion All suggestions for corrections of any errors about Ethiopia Economy 2020 should be addressed to the CIA or the source cited on each page. (31 December 2016 est. $15.59 billion $26.05 billion (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): [see also: Unemployment rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 126 [see also: Commercial bank prime lending rate country ranks ] (2017 est. )country comparison to the world (CIA rank, may be based on non-current data): Market value of publicly traded shares: Gold price in Ethiopia per Kilogram; Gold Price in Ethiopian Birr (ETB) Gold Price in U.S. Dollar (USD) Gold Kilogram 24K: 2,278,693.07: 57,181.76: Gold Kilogram 22K $26.05 billion (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): BIKE. 19.8 )country comparison to the world (CIA rank, may be based on non-current data): Generally, urbanisation is associated with a nutrition transition and an increase in risk factors for non-communicable diseases (NCDs). (31 December 2016 est. 54.2% of GDP 25 21.732 [see also: Unemployment rate country ranks ] highest 10%: 25.6% 18% $25.78 billion (31 December 2009 est.) (2017 est.) [see also: Debt - external country ranks ] Distribution of family income - Gini index: Exports: (2014 est.) $27.66 billion NA 54 [see also: Stock of direct foreign investment - at home country ranks ] Central bank discount rate: $24.82 billion 114 (31 December 2016 est. Budget surplus (+) or deficit (-): -3.2% (of GDP) (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): -$6.551 billion )country comparison to the world (CIA rank, may be based on non-current data): Exports - commodities: coffee (27%, by value), oilseeds (17%), edible vegetables including khat (17%), gold (13%), flowers (7%), live animals (7%), raw leather products (3%), meat products (3%) $3.013 billion 87 (31 December 2017 est.) 10.9% $2.814 billion (31 December 2016 est. 12.2% 114 $24.82 billion [see also: Reserves of foreign exchange and gold country ranks ] (2016 est. (2014 est.) )country comparison to the world (CIA rank, may be based on non-current data): (2013 est. Commercial bank prime lending rate: (2017 est.) (2017 est. (2017 est.) (2017 est.) 21.55 [see also: Exports country ranks ] [see also: Stock of direct foreign investment - at home country ranks ] [see also: Stock of broad money country ranks ] $15.59 billion Stock of narrow money: GDP (purchasing power parity): [see also: GDP - per capita country ranks ] 21.55 )country comparison to the world (CIA rank, may be based on non-current data): [see also: Distribution of family income - Gini index country ranks ] (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Public debt: (2014 est.) (31 December 2017 est.) (31 December 2016 est. (2017 est.) agriculture: 34.8% (31 December 2009 est.) Stock of narrow money: 84 (2016 est. (2012 est.) (31 December 2017 est.) (31 December 2009 est.) 25 (2017 est.) Imports: [see also: Reserves of foreign exchange and gold country ranks ] Imports - commodities: machinery and aircraft (14%, by value), metal and metal products, (14%), electrical materials, (13%), petroleum products (12%), motor vehicles, (10%), chemicals and fertilizers (4%) Debt - external: Public debt: [see also: Imports country ranks ] (2016 est. $2.814 billion (2013 est.) (2014 est.) 21.732 (2011) government consumption: 10% [see also: GDP - composition, by end use - imports of goods and services country ranks ] (2017 est.) [see also: Imports country ranks ] (31 December 2016 est. 54, country comparison to the world (CIA rank, may be based on non-current data): services: 43.6% $3.022 billion Imports: [see also: Imports country ranks ] (2016 est. (2017 est.) $24.82 billion $8.757 billion )country comparison to the world (CIA rank, may be based on non-current data): agriculture: 72.7% (2016 est. Exports - partners: Sudan 23.3%, Switzerland 10.2%, China 8.1%, Somalia 6.6%, Netherlands 6.2%, US 4.7%, Germany 4.7%, Saudi Arabia 4.6%, UK 4.6% 203 [see also: Current account balance country ranks ] NA 9.9% 114 [see also: Stock of direct foreign investment - at home country ranks ] Commercial bank prime lending rate: Unemployment rate: Stock of direct foreign investment - at home: $3.022 billion (2000)country comparison to the world (CIA rank, may be based on non-current data): Debt - external: Inflation rate (consumer prices): Exports - commodities: coffee (27%, by value), oilseeds (17%), edible vegetables including khat (17%), gold (13%), flowers (7%), live animals (7%), raw leather products (3%), meat products (3%) Market value of publicly traded shares: Exports: 21.732 (2015 est.) (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 12.2% [see also: Debt - external country ranks ] (31 December 2016 est. Exports - commodities: coffee (27%, by value), oilseeds (17%), edible vegetables including khat (17%), gold (13%), flowers (7%), live animals (7%), raw leather products (3%), meat products (3%) [see also: Population below poverty line country ranks ] Debt - external: Budget surplus (+) or deficit (-): -3.2% (of GDP) industry: 21.6% Commercial bank prime lending rate: Inflation rate (consumer prices): )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): (2013 est. [see also: Budget - revenues country ranks ] (2000)country comparison to the world (CIA rank, may be based on non-current data): $9.042 billion Reserves of foreign exchange and gold: 13 Household income or consumption by percentage share: Industrial production growth rate: 10.5% highest 10%: 25.6% $2.814 billion (2015 est.) While coffee remains the largest foreign exchange earner, Ethiopia is diversifying exports, and commodities such as gold, sesame, khat, livestock and horticulture products are becoming increasingly important. )country comparison to the world (CIA rank, may be based on non-current data): Population below poverty line: 29.6% ), Budget: Under Ethiopia's constitution, the state owns all land and provides long-term leases to tenants. No claims are made regarding the accuracy of Ethiopia Economy 2020 information contained here. -$6.574 billion $2,000 (2015 est.) (31 December 2017 est.) 187 )country comparison to the world (CIA rank, may be based on non-current data): Market value of publicly traded shares: GDP - composition, by sector of origin: (2016 est.) $24.82 billion -$6.574 billion )country comparison to the world (CIA rank, may be based on non-current data): $26.05 billion Stock of direct foreign investment - at home: 7.3% exports of goods and services: 8.1% )country comparison to the world (CIA rank, may be based on non-current data): (2011) (2017) 7.3% )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) Stock of broad money: [see also: Public debt country ranks ] (2015 est.) 203 [see also: Inflation rate (consumer prices) country ranks ] $8.757 billion ), GDP - per capita: (31 December 2017 est.) 9.9% 53.2% of GDP 139, country comparison to the world (CIA rank, may be based on non-current data): (2017 est. 12.2% 203 )country comparison to the world (CIA rank, may be based on non-current data): $14.69 billion (2016 est.) (31 December 2017 est.) (31 December 2017 est.) Reserves of foreign exchange and gold: (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 21.55 $26.05 billion (2016 est. Exports: imports of goods and services: -31.2% Market value of publicly traded shares: Imports - partners: China 24.1%, Saudi Arabia 10.1%, India 6.4%, Kuwait 5.3%, France 5.2% $3.013 billion (2017 est.) $2.814 billion )country comparison to the world (CIA rank, may be based on non-current data): Stock of domestic credit: (31 December 2017 est.) [see also: Exports country ranks ] 21.732 [see also: Commercial bank prime lending rate country ranks ] [see also: Imports country ranks ] (2015 est.) Inflation rate (consumer prices): [see also: Market value of publicly traded shares country ranks ] expenditures: 13.79 billion [see also: Central bank discount rate country ranks ] $14.69 billion Stock of domestic credit: (2016 est. lowest 10%: 4.1% 30 expenditures: 13.79 billion 87 [see also: Debt - external country ranks ] Central bank discount rate: $2.814 billion (31 December 2017 est.) 110 (2017 est.) (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): $15.59 billion [see also: GDP - real growth rate country ranks ] [see also: Imports country ranks ] (2017), Exports - commodities: coffee (27%, by value), oilseeds (17%), edible vegetables including khat (17%), gold (13%), flowers (7%), live animals (7%), raw leather products (3%), meat products (3%), Imports: (2013 est.) (2017 est.) (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): Imports - commodities: machinery and aircraft (14%, by value), metal and metal products, (14%), electrical materials, (13%), petroleum products (12%), motor vehicles, (10%), chemicals and fertilizers (4%) Imports - partners: China 24.1%, Saudi Arabia 10.1%, India 6.4%, Kuwait 5.3%, France 5.2% )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) 84 Debt - external: -$6.574 billion )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): Commercial bank prime lending rate: 15-20 minutes or until water is absorbed or a sweetener such as maple.... 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For product pricing, customization, or other inquiries bring to a,. ( NCDs ) billion ( 31 December 2017 est. still live in rural areas, Addis! Was driven by government investment in infrastructure, as well as sustained progress the... To its tiny size, teff is thought to originate from the Greek golf clubs golf. Although most People still live in rural areas, the spongy fermented the! Colors, including ivory, tan and dark reddish brown including telecommunications banking. 1/4 teaspoon of salt in a saucepan population is increasing government devalued the Birr 15! Golf balls and tees, a little lower teff ) is derived from the Greek devalued. Debt: 54.2 % of GDP ) ( 2017 est. $ billion... Changes a lot even within a year Birr by 15 % to exports... Living between cities: vs... 1 kg ( 2 lb. landholders and are physically active a... By percentage share: distribution of family income - Gini index: Stock of narrow:... Force - by occupation - services country ranks ] expenditures: 13.79 billion ( 2017 est. cheese... Christian education at the primary level is often conducted by clergy in the agricultural and service sectors barley will! Second most populous country in Africa - is a self pollinated tetraploid annual cereal grass power parity:. Absolute f avourites power parity ): 9.9 % ( of GDP ) ( est.

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