Ethiopia+Economics


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 * Ethiopian Economics **

Ethiopia is a poverty-stricken economy. Agriculture accounts for 45% of the GDP and almost 85% of the total employment. Drought and poor cultivation practices however, make agriculture hard throughout Ethiopia. Due to war and drought, coffee has become a major part of Ethiopia's economy. Industry has not taken very well to the Ethiopian economy due to lease agreements with the government on land that would provide them with a place to build and run the industry. Below you will see some statistical information on Ethiopia's economy. [|CIA World Factbook]


 * GDP: **$77.36 billion in 2009 U.S. Dollars


 * Employment: **37.9 million


 * Employment By Type of Work: **Agriculture - 85%, Industries - 5%, Services - 10%


 * Unemployment: **N/A

Revenues - $4.636 billion Expenditures - $4.908 billion
 * Country's Budget: **


 * Agricultural Products: **Cereals, pulses, coffee, oil seed, cotton, sugarcane, potatoes, qat, cut flowers, hides, cattle, sheep, goats, and fish


 * <span style="font-family: 'Lucida Sans Unicode','Lucida Grande',sans-serif; font-size: 130%;">Industries: **<span style="font-family: 'Lucida Sans Unicode','Lucida Grande',sans-serif; font-size: 130%;"> Food processing, beverages, textiles, leather, chemicals, metals processing, and cement

<span style="font-family: 'Lucida Sans Unicode','Lucida Grande',sans-serif; font-size: 130%;">**Exports**: $1.636 billion; Oil


 * <span style="font-family: 'Lucida Sans Unicode','Lucida Grande',sans-serif; font-size: 130%;">Imports: **<span style="font-family: 'Lucida Sans Unicode','Lucida Grande',sans-serif; font-size: 130%;">$6.946 billion; Oil


 * <span style="font-family: 'Lucida Sans Unicode','Lucida Grande',sans-serif; font-size: 130%;">﻿Currency: **<span style="font-family: 'Lucida Sans Unicode','Lucida Grande',sans-serif; font-size: 130%;"> birr; $1 U.S. dollar = 16.75 Ethiopian birr <span style="font-family: 'Lucida Sans Unicode','Lucida Grande',sans-serif; font-size: 90%;">﻿[|Currency] <span style="font-family: 'Lucida Sans Unicode','Lucida Grande',sans-serif; font-size: 90%;">[[image:ethiopiap46-1Birr-1997-donated_b.jpg width="420" height="179" align="right" caption="Ethiopian Currency" link="http://aes.iupui.edu/rwise/banknotes/ethiopia/ethiopiap46-1Birr-1997-donated_b.jpg"]]


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