Ethiopia | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 22.41 22.84 23.06 23.29 23.51 26.87 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 9.60 5 5 5 5 9.14 percent [+]
GDP 61.54 62.54 64.01 65.49 66.96 87.01 USD Billion [+]
GDP per capita 486.27 489 498 508 518 635 USD [+]
GDP per capita PPP 1529.89 1544 1573 1603 1632 2018 USD [+]
GDP Constant Prices 747.30 701 719 737 754 1069 ETB Billion [+]
GDP From Agriculture 274.00 269 273 277 281 383 ETB Billion [+]
GDP From Manufacturing 125.00 118 118 116 120 164 ETB Billion [+]
GDP From Services 353.00 325 333 341 349 489 ETB Billion [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 16.80 16.57 16.38 16.2 16.02 13.8 percent [+]
Population 92.21 99.99 101 101 102 112 million [+]
Living Wage Individual 3910.00 3935 3935 3935 3935 3935 ETB/Month [+]
Wages High Skilled 3140.00 3140 3140 3140 3140 3140 ETB/Month [+]
Wages Low Skilled 1970.00 1970 1970 1970 1970 1970 ETB/Month [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 6.70 7 7.4 7.9 8.1 6.5 percent [+]
Food Inflation 5.30 5.46 4.85 4.93 4.76 4.82 percent [+]
Cpi Transportation 103.70 103 104 103 104 104 Index Points [+]
Consumer Price Index Cpi 155.70 155 154 154 154 154 Index points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 5.00 5 5 6 6 5 percent [+]
Deposit Interest Rate 4.68 4.27 4.41 4.55 4.7 4.38 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -3254.50 -3418 -3255 -3237 -3333 -3292 USD Million [+]
Exports 809.50 754 792 697 662 696 USD Million [+]
Imports 4064.00 4121 4044 4000 4021 4024 USD Million [+]
Current Account -2176.20 -1682 -1701 -1720 -1740 -1999 USD Million [+]
Current Account to GDP -5.90 -6.64 -6.56 -6.48 -6.4 -6.18 percent [+]
Terrorism Index 3.45 3.28 3.31 3.33 3.35 3.6 [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 32.10 30.12 30.23 30.33 30.44 32.44 percent [+]
Government Budget -2.00 -2.45 -2.39 -2.33 -2.26 -2.05 percent of GDP [+]
Military Expenditure 404.50 405 409 412 412 402 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Ease of Doing Business 159.00 154 154 154 154 146 [+]
Corruption Index 33.00 31.62 31.62 31.62 31.62 29.11 Points [+]
Corruption Rank 103.00 107 105 104 102 110 [+]
Competitiveness Index 3.77 3.72 3.72 3.72 3.72 3.75 Points [+]
Competitiveness Rank 109.00 113 113 113 113 117 [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Personal Income Tax Rate 35.00 35 35 35 35 35 percent [+]
Corporate Tax Rate 30.00 30 30 30 30 30 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]





Economic Forecasts for Ethiopia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Ethiopia economy. 1/24/2017