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THE GLOBAL FINANCIAL WEEKLYOctober 5–11, 2026Vol. 01 · No. 002

AFRICA · COUNTRY REFERENCE

Ethiopia

UN member stateISO ET / ETHETB

Written and compiled by American Business Capital Group Inc.

Ethiopia on the world mapThe highlighted shape or point locates the selected country or entity. Borders are a geographic reference, not a statement on sovereignty.FijiUnited Republic of TanzaniaWestern SaharaCanadaUnited StatesKazakhstanUzbekistanPapua New GuineaIndonesiaArgentinaChileDemocratic Republic of the CongoSomaliaKenyaSudanChadHaitiDominican RepublicRussian FederationBahamasFalkland IslandsNorwayGreenlandTimor-LesteSouth AfricaLesothoMexicoUruguayBrazilBolivia (Plurinational State of)PeruColombiaPanamaCosta RicaNicaraguaHondurasEl SalvadorGuatemalaBelizeVenezuela (Bolivarian Republic of)GuyanaSurinameFranceEcuadorPuerto RicoJamaicaCubaZimbabweBotswanaNamibiaSenegalMaliMauritaniaBeninNigerNigeriaCameroonTogoGhanaCôte d'IvoireGuineaGuinea-BissauLiberiaSierra LeoneBurkina FasoCentral African RepublicRepublic of the CongoGabonEquatorial GuineaZambiaMalawiMozambiqueEswatiniAngolaBurundiIsraelLebanonMadagascarState of PalestineGambiaTunisiaAlgeriaJordanUnited Arab EmiratesQatarKuwaitIraqOmanVanuatuCambodiaThailandLao People's Democratic RepublicMyanmarViet NamNorth KoreaSouth KoreaMongoliaIndiaBangladeshBhutanNepalPakistanAfghanistanTajikistanKyrgyzstanTurkmenistanIran (Islamic Republic of)Syrian Arab RepublicArmeniaSwedenBelarusUkrainePolandAustriaHungaryRepublic of MoldovaRomaniaLithuaniaLatviaEstoniaGermanyBulgariaGreeceTürkiyeAlbaniaCroatiaSwitzerlandLuxembourgBelgiumNetherlandsPortugalSpainIrelandNew CaledoniaSolomon IslandsNew ZealandAustraliaSri LankaChinaTaiwanItalyDenmarkUnited KingdomIcelandAzerbaijanGeorgiaPhilippinesMalaysiaBrunei DarussalamSloveniaFinlandSlovakiaCzechiaEritreaJapanParaguayYemenSaudi ArabiaCYNCyprusMoroccoEgyptLibyaEthiopiaDjiboutiSomalilandUgandaRwandaBosnia and HerzegovinaNorth MacedoniaSerbiaMontenegroKosovoTrinidad and TobagoSouth SudanÅland IslandsAmerican SamoaAndorraAnguillaAntigua and BarbudaArubaBahrainBarbadosBermudaBonaire, Sint Eustatius and SabaBouvet IslandBritish Indian Ocean TerritoryBritish Virgin IslandsCabo VerdeCayman IslandsChristmas IslandCocos (Keeling) Islands (The)ComorosCook IslandsCuraçaoDominicaFaroe IslandsFrench GuianaFrench PolynesiaFrench Southern TerritoriesGibraltarGrenadaGuadeloupeGuamGuernseyHeard Island and McDonald IslandsHoly SeeHong KongIsle of ManJerseyKiribatiLiechtensteinMacauMaldivesMaltaMarshall IslandsMartiniqueMauritiusMayotteMicronesia (Federated States of)MonacoMontserratNaoeroNiueNorfolk IslandNorthern Mariana IslandsPalauPitcairn IslandsRéunionSaint BarthélemySaint HelenaSaint Kitts and NevisSaint LuciaSaint MartinSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSeychellesSingaporeSint MaartenSouth Georgia and the South Sandwich IslandsSvalbard and Jan MayenTokelauTongaTurks and Caicos IslandsTuvaluUnited States Minor Outlying IslandsUS Virgin IslandsWallis and Futuna

Selected country or entityMap: Natural Earth ↗

ANNUAL ECONOMIC SNAPSHOT

Population & economic scale

World Bank · dated observations

The most recent non-empty observations returned by the World Bank when this snapshot was collected. Read the year on each card: these are annual statistics, not live measurements.

World Bank reporting entity: Ethiopia · 3 of 3 indicators available.

Population

135,472,051

people

observation

Definition, value & source

Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.

Received value: 135472051 people. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices (NSOs), uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division

GDP

$126.36 billion

current US$

observation

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Received value: 126358758448.356 current US$. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP per capita

$933

current US$ per person

observation

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Received value: 932.729352775179 current US$ per person. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP and GDP per capita use current US dollars, without an inflation or purchasing-power-parity adjustment. Source years can differ. Missing data is not zero; earlier archive figures below are retained as a separate historical reference.

THE REFERENCE FILE

Ethiopia at a glance

Archive edition 2025

These are historical reference facts from the 2025 World Factbook archive. Each estimate keeps its own period; an archive edition does not make every figure a measurement from that year.

Government type

federal parliamentary republic

archive edition 2025Source ↗

Population

total: 121,372,632 (2025 est.) male: 60,461,406 female: 60,911,226

2025 source periods; archive edition 2025Source ↗

Area

total : 1,104,300 sq km land: 1,096,570 sq km water: 7,730 sq km note: area numbers are approximate since a large portion of the Ethiopia-Somalia border is undefined

archive edition 2025Source ↗

Real GDP (purchasing power parity)

$380.895 billion (2024 est.) $354.926 billion (2023 est.) $332.97 billion (2022 est.) note: data in 2021 dollars

2024, 2023, 2022, 2021 source periods; archive edition 2025Source ↗

GDP (official exchange rate)

$126.773 billion (2022 est.) note: data in current dollars at official exchange rate

2022 source periods; archive edition 2025Source ↗

Real GDP growth rate

7.3% (2024 est.) 6.6% (2023 est.) 5.3% (2022 est.) note: annual GDP % growth based on constant local currency

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Real GDP per capita

$2,900 (2024 est.) $2,800 (2023 est.) $2,700 (2022 est.) note: data in 2021 dollars

2024, 2023, 2022, 2021 source periods; archive edition 2025Source ↗

Inflation rate (consumer prices)

21% (2024 est.) 30.2% (2023 est.) 33.9% (2022 est.) note: annual % change based on consumer prices

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Unemployment rate

3.4% (2024 est.) 3.5% (2023 est.) 3.5% (2022 est.) note: % of labor force seeking employment

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Labor force

54.47 million (2024 est.) note: number of people ages 15 or older who are employed or seeking work

2024 source periods; archive edition 2025Source ↗

Public debt

31.4% of GDP (2019 est.) note: central government debt as a % of GDP

2019 source periods; archive edition 2025Source ↗

Budget

revenues: $8.808 billion (2023 est.) expenditures: $12.49 billion (2023 est.) note: central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated

2023 source periods; archive edition 2025Source ↗

Current account balance

-$4.788 billion (2023 est.) -$5.16 billion (2022 est.) -$4.507 billion (2021 est.) note: balance of payments - net trade and primary/secondary income in current dollars

2023, 2022, 2021 source periods; archive edition 2025Source ↗

Exports

$10.865 billion (2023 est.) $10.971 billion (2022 est.) $9.496 billion (2021 est.) note: balance of payments - exports of goods and services in current dollars

2023, 2022, 2021 source periods; archive edition 2025Source ↗

Imports

$22.951 billion (2023 est.) $24.187 billion (2022 est.) $20.859 billion (2021 est.) note: balance of payments - imports of goods and services in current dollars

2023, 2022, 2021 source periods; archive edition 2025Source ↗

Reserves of foreign exchange and gold

$3.784 billion (2024 est.) $2.028 billion (2023 est.) $1.192 billion (2022 est.) note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Debt - external

$25.426 billion (2023 est.) note: present value of external debt in current US dollars

2023 source periods; archive edition 2025Source ↗

Electricity access

electrification - total population: 55% (2022 est.) electrification - urban areas: 94% electrification - rural areas: 43%

2022 source periods; archive edition 2025Source ↗

Internet users

percent of population: 17% (2021 est.)

2021 source periods; archive edition 2025Source ↗

THE HISTORICAL REFERENCE LIBRARY

Explore the country in detail

31 sections · archive 2025

Browse the economy, population, resources and infrastructure. These archived descriptions keep their original wording and dates; they have not been updated to describe current conditions.

31 of 31 sections

Location

Eastern Africa, west of Somalia

archive edition 2025 · Archive source ↗

Capital

name: Addis Ababa geographic coordinates: 9 02 N, 38 42 E time difference: UTC+3 (8 hours ahead of Washington, DC, during Standard Time) etymology: the name in Amharic means "new flower;" Empress TAITU gave the name to the new capital city in 1887

archive edition 2025 · Archive source ↗

Economic overview

low-income, fast-growing Horn of Africa economy; widespread poverty and food insecurity worsened by conflict and environmental factors; landlocked with tensions over seaport access; development aid supporting reforms to boost private-sector growth and financial stability; challenge of creating jobs for growing labor force

archive edition 2025 · Archive source ↗

Natural resources

small reserves of gold, platinum, copper, potash, natural gas, hydropower

archive edition 2025 · Archive source ↗

Agricultural products

maize, cereals, wheat, milk, sorghum, barley, taro, beans, sweet potatoes, potatoes (2023) note: top ten agricultural products based on tonnage

2023 source periods; archive edition 2025 · Archive source ↗

Industries

food processing, beverages, textiles, leather, garments, chemicals, metals processing, cement

archive edition 2025 · Archive source ↗

Exports - partners

USA 12%, China 10%, UAE 8%, Saudi Arabia 8%, Netherlands 5% (2023) note: top five export partners based on percentage share of exports

2023 source periods; archive edition 2025 · Archive source ↗

Exports - commodities

coffee, garments, dried legumes, cut flowers, oil seeds (2023) note: top five export commodities based on value in dollars

2023 source periods; archive edition 2025 · Archive source ↗

Imports - partners

China 26%, Djibouti 16%, India 7%, Kuwait 7%, Saudi Arabia 6% (2023) note: top five import partners based on percentage share of imports

2023 source periods; archive edition 2025 · Archive source ↗

Imports - commodities

refined petroleum, fertilizers, plastics, raw sugar, cars (2023) note: top five import commodities based on value in dollars

2023 source periods; archive edition 2025 · Archive source ↗

Climate

tropical monsoon with wide topographic-induced variation

archive edition 2025 · Archive source ↗

Terrain

high plateau with central mountain range divided by Great Rift Valley

archive edition 2025 · Archive source ↗

Land use

agricultural land: 34.1% (2023 est.) arable land: 14.5% (2023 est.) permanent crops: 1.8% (2023 est.) permanent pasture: 17.7% (2023 est.) forest: 23.7% (2023 est.) other: 42.2% (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Natural hazards

geologically active Great Rift Valley susceptible to earthquakes, volcanic eruptions; frequent droughts volcanism: volcanic activity in the Great Rift Valley; Erta Ale (613 m) is the country's most active volcano; Dabbahu became active in 2005, forcing evacuations; other historically active volcanoes include Alayta, Dalaffilla, Dallol, Dama Ali, Fentale, Kone, Manda Hararo, and Manda-Inakir

2005 dates in source text; archive edition 2025 · Archive source ↗

Languages

Oromo (official regional working language) 33.8%, Amharic (official national language) 29.3%, Somali (official regional working language) 6.2%, Tigrigna (Tigrinya) (official regional working language) 5.9%, Sidamo 4%, Wolaytta 2.2%, Gurage 2%, Afar (official regional working language) 1.7%, Hadiyya 1.7%, Gamo 1.5%, Gedeo 1.3%, Opuuo 1.2%, Kafa 1.1%, other 8.1%, English (2007 est.) major-language sample(s): Kitaaba Addunyaa Waan Qabataamaatiif - Kan Madda Odeeffannoo bu uraawaatiif baay ee barbaachisaa ta e. (Oromo) የአለም እውነታ መጽሐፍ፣ ለመሠረታዊ መረጃ እጅግ አስፈላጊ የሆነ ምንጭ። (Amharic) The World Factbook, the indispensable source for basic information.

2007 dates in source text; archive edition 2025 · Archive source ↗

Religions

Ethiopian Orthodox 43.8%, Muslim 31.3%, Protestant 22.8%, Catholic 0.7%, traditional 0.6%, other 0.8% (2016 est.)

2016 dates in source text; archive edition 2025 · Archive source ↗

Age structure

0-14 years: 38.7% (male 23,092,496/female 22,765,882) 15-64 years: 58% (male 34,175,328/female 34,536,238) 65 years and over: 3.4% (2024 est.) (male 1,794,269/female 2,186,085)

2024 dates in source text; archive edition 2025 · Archive source ↗

Urbanization

urban population: 23.2% of total population (2023) rate of urbanization: 4.4% annual rate of change (2020-25 est.)

2023, 2020 dates in source text; archive edition 2025 · Archive source ↗

Life expectancy at birth

total population: 67.7 years (2024 est.) male: 65.4 years female: 70 years

2024 dates in source text; archive edition 2025 · Archive source ↗

Literacy

total population: 60.5% (2022 est.) male: 71% (2022 est.) female: 50% (2022 est.)

2022 dates in source text; archive edition 2025 · Archive source ↗

Electricity

installed generating capacity: 5.69 million kW (2023 est.) consumption: 12.298 billion kWh (2023 est.) exports: 1.762 billion kWh (2023 est.) transmission/distribution losses: 4.194 billion kWh (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Electricity generation sources

solar: 0.2% of total installed capacity (2023 est.) wind: 3.1% of total installed capacity (2023 est.) hydroelectricity: 96.5% of total installed capacity (2023 est.) geothermal: 0.2% of total installed capacity (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Petroleum

refined petroleum consumption: 102,000 bbl/day (2023 est.) crude oil estimated reserves: 428,000 barrels (2021 est.)

2023, 2021 dates in source text; archive edition 2025 · Archive source ↗

Natural gas

proven reserves: 24.919 billion cubic meters (2021 est.)

2021 dates in source text; archive edition 2025 · Archive source ↗

Carbon dioxide emissions

18.519 million metric tonnes of CO2 (2023 est.) from coal and metallurgical coke: 3.427 million metric tonnes of CO2 (2023 est.) from petroleum and other liquids: 15.092 million metric tonnes of CO2 (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Telephones - mobile cellular

total subscriptions: 85.9 million (2024 est.) subscriptions per 100 inhabitants: 65 (2024 est.)

2024 dates in source text; archive edition 2025 · Archive source ↗

Broadband - fixed subscriptions

total: 566,000 (2022 est.) subscriptions per 100 inhabitants: (2022 est.) less than 1

2022 dates in source text; archive edition 2025 · Archive source ↗

Airports

58 (2025)

2025 dates in source text; archive edition 2025 · Archive source ↗

Railways

total: 659 km (2017) (Ethiopian segment of the 756 km Addis Ababa-Djibouti railroad) standard gauge: 659 km (2017) 1.435-m gauge note: electric railway with redundant power supplies; under joint control of Djibouti and Ethiopia and managed by a Chinese contractor

2017 dates in source text; archive edition 2025 · Archive source ↗

GDP - composition, by sector of origin

agriculture: 34.9% (2024 est.) industry: 25.4% (2024 est.) services: 37.6% (2024 est.) note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

2024 dates in source text; archive edition 2025 · Archive source ↗

Remittances

0.33% of GDP (2023 est.) 0.4% of GDP (2022 est.) 0.4% of GDP (2021 est.) note: personal transfers and compensation between resident and non-resident individuals/households/entities

2023, 2022, 2021 dates in source text; archive edition 2025 · Archive source ↗

CURRENCY OBSERVATIONS

Money & exchange rates

Currency explorer →

The latest verified daily references are separate from the historical country profile. Values are currency units per US$1.

ETB

Ethiopian Birr

161.5

ETB per US$1

Source observation: Oct 6, 2026

Published reference snapshot; its original observation date is preserved.

1 ETB = US$0.00619195

Daily reference historyOct 6, 2026 · 161.5 ETB
Sep 7, 2026: 161.16 ETB per US$1Sep 8, 2026: 161.15 ETB per US$1Sep 9, 2026: 161.39 ETB per US$1Sep 10, 2026: 161.54 ETB per US$1Sep 11, 2026: 161.46 ETB per US$1Sep 13, 2026: 161.3 ETB per US$1Sep 14, 2026: 161.32 ETB per US$1Sep 15, 2026: 161.77 ETB per US$1Sep 16, 2026: 161.54 ETB per US$1Sep 17, 2026: 161.63 ETB per US$1Sep 18, 2026: 161.62 ETB per US$1Sep 20, 2026: 161.52 ETB per US$1Sep 21, 2026: 161.26 ETB per US$1Sep 22, 2026: 161.34 ETB per US$1Sep 23, 2026: 161.46 ETB per US$1Sep 24, 2026: 161.99 ETB per US$1Sep 25, 2026: 161.82 ETB per US$1Sep 27, 2026: 161.79 ETB per US$1Sep 28, 2026: 161.72 ETB per US$1Sep 29, 2026: 161.28 ETB per US$1Sep 30, 2026: 161.68 ETB per US$1Oct 1, 2026: 161.92 ETB per US$1Oct 2, 2026: 162.09 ETB per US$1Oct 4, 2026: 161.66 ETB per US$1Oct 5, 2026: 161.62 ETB per US$1Oct 6, 2026: 161.5 ETB per US$1
Sep 7, 2026Oct 6, 2026

161.15–162.09 ETB per US$1 across the displayed observations. The vertical scale follows this range.

View dated observations
Observation dateETB per US$1
Oct 6, 2026161.5
Oct 5, 2026161.62
Oct 4, 2026161.66
Oct 2, 2026162.09
Oct 1, 2026161.92
Sep 30, 2026161.68
Sep 29, 2026161.28
Sep 28, 2026161.72
Sep 27, 2026161.79
Sep 25, 2026161.82
Sep 24, 2026161.99
Sep 23, 2026161.46
Sep 22, 2026161.34
Sep 21, 2026161.26
Sep 20, 2026161.52
Sep 18, 2026161.62
Sep 17, 2026161.63
Sep 16, 2026161.54
Sep 15, 2026161.77
Sep 14, 2026161.32
Sep 13, 2026161.3
Sep 11, 2026161.46
Sep 10, 2026161.54
Sep 9, 2026161.39
Sep 8, 2026161.15
Sep 7, 2026161.16

Daily references are not live execution prices. A check time does not change a source observation date.

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SOURCES & DATES

Where the facts come from.

Editorial presentation by American Business Capital Group Inc. The organizations and archive links below are the underlying sources.

Country reference
CIA World Factbook · 2025 archive
Archive retrieved
Oct 6, 2026 · retrieval date, not an observation period
Rate observations
Frankfurter / official reference providers ↗ · each observation is dated separately
  • UN membership is shown separately from territory and currency coverage; inclusion is not a position on sovereignty or boundaries.
  • CIA World Factbook text preserved by World Factbook Archive. Archive edition 2025; individual estimates retain their own dates. These are historical reference facts, not current observations.

About the editions. The CIA announced the end of its online World Factbook on February 4, 2026. Our historical profiles retain the archive editions shown above.

Skyhorse lists The CIA World Factbook 2026–2027, published April 7, 2026 (ISBN 9781510786042). That book’s full text has not been incorporated here; its edition title does not redate the imported archive. Archive distribution license.

Geography is a simplified reference. Displayed boundaries and entity inclusion do not express a position on sovereignty or disputed borders.