| Table 1. Macro Economic Developments of Ethiopia 2004/05-2014/15 |
| Variables |
2004/05 |
2005/06 |
2006/07 |
2007/08 |
2008/09 |
2009/10 |
Average 6 years |
2010/11 (Forecast) |
GTP forecast (Average) |
| 2010/11-2014/15 |
| Real GDP (Growth) |
12.6 |
11.5 |
11.8 |
11.2 |
10 |
10.4 |
11.3 |
11 |
14.9 |
| Agriculture (Growth) |
13.5 |
10.9 |
9.4 |
7.5 |
6.4 |
7.6 |
9.2 |
12.5 |
14.9 |
| Industry |
9.4 |
10.2 |
9.5 |
10.1 |
9.7 |
10.6 |
9.9 |
14 |
21.4 |
| Service |
12.8 |
13.3 |
15.3 |
16 |
14 |
13 |
14.1 |
12.5 |
12.8 |
| RGDP per capita (In millions of Dollar ) |
164 |
177 |
191 |
204 |
217 |
238 |
198.5 |
269 |
|
| Inflation |
|
|
|
|
|
|
|
|
|
| General |
6.1 |
10.6 |
15.8 |
25.3 |
36.4 |
2.8 |
|
18.1 |
|
| Food |
7.4 |
13 |
17.5 |
34.9 |
44.3 |
-5.4 |
|
15.7 |
|
| Non-food |
4.4 |
7.1 |
13.5 |
12.5 |
23.7 |
18.2 |
|
21.8 |
|
| Exchange Rate |
|
|
|
|
|
|
|
|
|
| Average official |
8.6518 |
8.681 |
8.7943 |
9.2441 |
10.4205 |
12.8909 |
|
16.1178 |
17.8015 |
| Parallel |
8.711 |
9.0258 |
8.957 |
9.5569 |
11.8102 |
13.6806 |
|
16.5292 |
|
| Premium |
0.68 |
3.97 |
1.85 |
3.38 |
13.34 |
6.13 |
|
2.55 |
|
| REERI |
94 |
102.8 |
121.3 |
136.3 |
184.7 |
142.1 |
130.2 |
121.1 |
106.9 |
| Export of goods &services (Growth) |
24.1 |
12.8 |
18.5 |
23.2 |
10.4 |
21.3 |
18.4 |
42.5 |
36.1 |
| Import of goods & services (Growth) |
37.6 |
26.9 |
13.1 |
32.2 |
11.5 |
10.3 |
21.9 |
19.8 |
20.3 |
| Remittance (In Mn USD) |
350.7 |
354.8 |
632.6 |
800.3 |
723.2 |
789.5 |
608.5 |
1481.2 |
|
| FDI (In Mn USD) |
216 |
365.1 |
521.2 |
814.6 |
893.4 |
956.4 |
627.8 |
1026.5 |
2011.7 |
| Gross domestic saving (% of GDP) |
3.4 |
2.5 |
6.4 |
3.1 |
4.3 |
4.6 |
|
7 |
12.5 |
| Gross domestic Investment (%of GDP) |
23.8 |
25.2 |
25.8 |
22.5 |
22.4 |
25.1 |
|
26.2 |
28.7 |
| Bank branch to population ratio |
204605:1 |
179949:1 |
146559:1 |
133274:1 |
120755:1 |
116847:1 |
|
|
|
| Bank deposit (Growth) |
17.9 |
15.4 |
21.2 |
16.9 |
24.1 |
26.2 |
20.3 |
42.5 |
27.8 |
| Broad money (Growth) |
16 |
15.3 |
22.15 |
20.4 |
21 |
26.6 |
20.2 |
39.2 |
32 |
