Names: conventional long form: Federal Democratic Republic of Ethiopia conventional short form: Ethiopia local long form: Ityop'iya Federalawi Demokrasiyawi Ripeblik local short form: Ityop'iya former: Abyssinia, Italian East Africa abbreviation: FDRE
Capital City: Addis Ababa
Population: 74,777,981 note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2006 est.)
GDP Per Capita: $1,000 (2006 est.)
Currency: birr (ETB)
Languages: Amharic, Tigrinya, Oromigna, Guaragigna, Somali, Arabic, other local languages, English (major foreign language taught in schools)
Total Area: total: 1,127,127 sq km land: 1,119,683 sq km water: 7,444 sq km slightly less than twice the size of Texas
Region: Africa
Industries: food processing, beverages, textiles, leather, chemicals, metals processing, cement
Agriculture: cereals, pulses, coffee, oilseed, cotton, sugarcane, potatoes, qat, cut flowers; hides, cattle, sheep, goats; fish
Resources: small reserves of gold, platinum, copper, potash, natural gas, hydropower
Labor Force:
27.27 million (1999)
agriculture: 80% industry: 8% services: 12% (1985)
Exports:
$1.085 billion f.o.b. (2006 est.)
coffee, qat, gold, leather products, live animals, oilseeds
Imports:
$4.105 billion f.o.b. (2006 est.)
food and live animals, petroleum and petroleum products, chemicals, machinery, motor vehicles, cereals, textiles
Overview:
Ethiopia's poverty-stricken economy is based on agriculture, accounting for half of GDP, 60% of exports, and 80% of total employment. The agricultural sector suffers from frequent drought and poor cultivation practices. Coffee is critical to the Ethiopian economy with exports of some $156 million in 2002, but historically low prices have seen many farmers switching to qat to supplement income. The war with Eritrea in 1998-2000 and recurrent drought have buffeted the economy, in particular coffee production. In November 2001, Ethiopia qualified for debt relief from the Highly Indebted Poor Countries (HIPC) initiative, and in December 2005 the International Monetary Fund voted to forgive Ethiopia's debt to the body. Under Ethiopia's land tenure system, the government owns all land and provides long-term leases to the tenants; the system continues to hamper growth in the industrial sector as entrepreneurs are unable to use land as collateral for loans. Drought struck again late in 2002, leading to a 2% decline in GDP in 2003. Normal weather patterns helped agricultural and GDP growth recover in 2004-06.
In 2007 Missouri exported $37,589 in goods to Ethiopia. This ranks Ethiopia 93rd among the 223 international buyers of Missouri goods. Missouri exports to Ethiopia decreased from the previous year by $66,115 a change of -63.75%. State exports to Ethiopia have decreased over the last 5 years by $505,042 a change of -93.07%. Missouri exports account for .00%. of all 2007 US exports to Ethiopia.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 000 - Total All Industries MO | 542,631 | 1,908,909 | 2,044,258 | 3,198,965 | 103,704 | 37,589 | |
| 000 - Total All Industries US | 60,506,318 | 409,138,258 | 459,090,828 | 514,893,983 | 137,267,927 | 167,635,249 | |