Welcome to Ethiopia

Ethiopia‟s population of approximately 80 million makes it one of the largest markets in Africa. Gross Domestic Product (GDP) per capita was only about $404 in the fiscal year (FY) 2008/2009 (Ethiopia's fiscal year ends on July 7), but overall GDP growth for the past five years has averaged 11% annually according to Ethiopian Government figures. The World Bank and the International Monetary Fund estimated FY 2008/09's growth at 6.5%, while the Ethiopian Government stated it was 10%.