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LATEST UK Secretary of State for Int’l Development Visits Eastern Industrial Park (/index.php/why-et
Economic Indicators
Economic Indicators
As one of the fastest growing economies in the world, Ethiopia’s economy has achieved robust, broad-
based growth averaging 10.3% a year from 2006/07 to 2016/17, compared to a regional average of
5.4%.
Ethiopia has made signi cant progress in achieving the Millennium Development Goals. The share of
its population living below poverty line fell from more than 44 percent in 2000 to around 30 percent
in 2010; by the end of the GTP I period (2014/15), the gures fell further to 23.4 percent (National
Planning Commission 2015).
FDI in ow
FDI In ow
Fast economic growth, conducive investment climate, large market size and high-level government
commitment towards FDI attraction have contributed to the growth of FDI in ow into Ethiopia-making
the country the second largest recipient of FDI in Africa.
East Africa, the fastest-growing region in Africa, received $7.6 billion in FDI in 2017, of which Ethiopia
absorbed nearly half and is now the second largest recipient of FDI in Africa after Egypt (UNCTAD,
World Investment Report 2018).
Population Demographics
Source: PopulationPyramid.net
(http://www.linkedin.com/pub/ethiopian-
investment-commission/a2/723/254)