Ethiopia | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 22.25 22.42 22.64 22.87 23.09 26.64 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 9.60 7 5 5 5 9.14 percent [+]
GDP 61.54 66.96 68.28 69.59 70.91 87.01 USD Billion [+]
GDP per capita 486.27 518 525 532 540 635 USD [+]
GDP per capita PPP 1529.89 1632 1656 1679 1703 2018 USD [+]
GDP Constant Prices 691.00 754 770 786 801 1069 ETB Billion [+]
GDP From Agriculture 267.90 281 285 289 294 383 ETB Billion [+]
GDP From Manufacturing 105.20 120 118 118 130 164 ETB Billion [+]
GDP From Services 322.20 349 356 363 371 489 ETB Billion [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 16.80 16.02 15.85 15.67 15.5 13.8 percent [+]
Population 99.39 102 102 103 104 112 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 Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 5.60 6.5 7 7.4 7.9 6.5 percent [+]
Food Inflation 3.40 3.6 2.7 2.44 2.58 2.66 percent [+]
Cpi Transportation 102.70 103 102 103 102 103 Index Points [+]
Consumer Price Index Cpi 157.00 156 156 156 156 156 Index points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 5.00 5 5 5 6 5 percent [+]
Deposit Interest Rate 4.68 4.7 4.67 4.65 4.63 4.38 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -3254.50 -3394 -3418 -3255 -3237 -3292 USD Million [+]
Exports 809.50 642 754 792 697 696 USD Million [+]
Imports 4064.00 4040 4121 4044 4000 4024 USD Million [+]
Current Account -2176.20 -1668 -1682 -1701 -1720 -1999 USD Million [+]
Current Account to GDP -5.90 -6.4 -6.36 -6.33 -6.29 -6.18 percent [+]
Terrorism Index 3.45 3.35 3.4 3.45 3.5 3.6 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 28.60 30.44 30.88 31.32 31.76 32.44 percent [+]
Government Budget -2.00 -2.26 -2.15 -2.03 -1.91 -2.05 percent of GDP [+]
Military Expenditure 404.50 405 409 412 412 402 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Ease of Doing Business 159.00 154 154 154 154 146 [+]
Corruption Index 33.00 31.62 31.32 31.02 30.71 29.11 Points [+]
Corruption Rank 103.00 102 102 102 101 110 [+]
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 Q4/16 Q1/17 Q2/17 Q3/17 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. 12/3/2016