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Ethiopia is the 129th largest export economy in the world and the 116th most complex economy

according to the Economic Complexity Index (ECI). In 2017, Ethiopia exported $2.2B and
imported $8B, resulting in a negative trade balance of $5.8B. In 2017 the GDP of Ethiopia was
$80.6B and its GDP per capita was $1.9k.
The top exports of Ethiopia are Coffee ($712M), Other Oily Seeds ($348M), Gold ($242M), Cut
Flowers ($207M) and Dried Legumes ($116M), using the 1992 revision of the HS (Harmonized
System) classification. Its top imports are Planes, Helicopters, and/or Spacecraft ($660M), Gas
Turbines ($351M), Packaged Medicaments ($322M), Telephones ($235M) and Delivery Trucks
($194M).
The top export destinations of Ethiopia are China ($343M), Switzerland ($287M), the United
States ($264M), the Netherlands ($245M) and Germany ($183M). The top import origins are
China ($2.65B), France ($938M), India ($691M), Germany ($369M) and Turkey ($337M).
As of 2017 Ethiopia had a negative trade balance of $5.8B in net imports. As compared to their
trade balance in 1995 when they still had a negative trade balance of $935M in net imports.

In Ethiopia, interest rates decisions are taken by Monetary Committee of the National Bank of
Ethiopia. The official rate is the bank’s savings rate. Interest rate in Ethiopia averaged 5.21
percent from 1995 until 2019, reaching an all-time high of 11 percent in December of 1995 and a
record low of 3 percent in April of 2002.
Ethiopia recorded a Government Budget deficit equal to 3 percent of the
country's Gross Domestic Product in 2018. Government Budget in Ethiopia
averaged -3.24 percent of GDP from 1990 until 2018, reaching an all time high of
6.60 percent of GDP in 2003 and a record low of -8.90 percent of GDP in 2000.
The Gross Domestic Product per capita in Ethiopia was last recorded at 1794.29
US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP
per Capita, in Ethiopia, when adjusted by Purchasing Power Parity is equivalent
to 10 percent of the world's average. GDP per capita PPP in Ethiopia averaged
905.97 USD from 1990 until 2018, reaching an all-time high of 1794.29 USD in
2018 and a record low of 517.03 USD in 1992.
Gross Domestic Product (GDP) in Ethiopia expanded 9.20 percent in 2018 from
the previous year. GDP Annual Growth Rate in Ethiopia averaged 5.88 percent
from 1981 until 2018, reaching an all-time high of 13.90 percent in 1986 and a
record low of -11.10 percent in 1984.

horticuhural products (vegetables and flowers) and clothing.

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