, UPU, WFTU, WHO, WMO, WTO
Diplomatic representation in US:
chief of mission:
Ambassador BERHANE Gebre-Christos
chancery:
2134 Kalorama Road NW, Washington, DC 20008
telephone:
(202) 234-2281 or 2282
FAX:
(202) 328-7950
US diplomatic representation:
chief of mission:
Ambassador Marc A. BAAS
embassy:
Entoto Street, Addis Ababa
mailing address:
P. O. Box 1014, Addis Ababa
telephone:
[251] (1) 550-666
FAX:
[251] (1) 552-191
Flag:
three equal horizontal bands of green (top), yellow, and red; Ethiopia
is the oldest independent country in Africa, and the colors of her
flag were so often adopted by other African countries upon
independence that they became known as the pan-African colors
@Ethiopia, Economy
Overview:
With the independence of Eritrea on 27 April 1993, Ethiopia continues
to face difficult economic problems as one of the poorest and least
developed countries in Africa. (The accompanying analysis and figures
predate the independence of Eritrea.) Its economy is based on
subsistence agriculture, which accounts for about 45% of GDP, 90% of
exports, and 80% of total employment; coffee generates 60% of export
earnings. The manufacturing sector is heavily dependent on inputs from
the agricultural sector. Over 90% of large-scale industry, but less
than 10% of agriculture, is state run; the government is considering
selling off a portion of state-owned plants. Favorable agricultural
weather largely explains the 4.5% growth in output in FY89, whereas
drought and deteriorating internal security conditions prevented
growth in FY90. In 1991 the lack of law and order, particularly in the
south, interfered with economic development and growth. In 1992,
because of some easing of civil strife and aid from the outside world,
the economy substantially improved.
National product:
GDP - purchasing power equivalent - $22.7 billion (1993 est.)
National product real growth rate:
7.8% (FY93 est)
National product per capita:
$400 (1993 est.)
Inflation rate (consumer prices):
21% (1992 est)
Unemployment rate:
NA%
Budget:
revenues:
$NA
expenditures:
$1.2 billion, including capital expenditures of $NA (1992 est.)
Exports:
$189 million (f.o.b., FY91)
commodities:
coffee, leather products, gold, petroleum products
partners:
Germany, Japan, Saudi Arabia, France, Italy
Imports:
$472 million (c.i.f., FY91)
commodities:
capital goods
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