is centrally planned, and over
90% of large-scale industry is state run. Favorable agricultural weather
largely explains the 4.5% growth in output in FY89.
GDP: $6.6 billion, per capita $130, real growth rate 4.5% (FY89 est.)
Inflation rate (consumer prices): 9.6% (FY89)
Unemployment rate: NA; shortage of skilled manpower
Budget: revenues $1.4 billion; expenditures $1.9 billion, including
capital expenditures of $0.7 billion (FY87)
Exports: $418 million (f.o.b., FY88); commodities--coffee 60%,
hides;
partners--US, FRG, Djibouti, Japan, PDRY, France, Italy
Imports: $1.1 billion (c.i.f., FY88),
commodities--food, fuels, capital goods;
partners--USSR, Italy, FRG, Japan, UK, US, France
External debt: $2.6 billion (1988)
Industrial production: growth rate - 0.2% (FY88 est.)
Electricity: 330,000 kW capacity; 700 million kWh produced,
14 kWh per capita (1989)
Industries: cement, textiles, food processing, oil refinery
Agriculture: accounts for 45% of GDP and is the most important sector of
the economy even though frequent droughts, poor cultivation practices, and
state economic policies keep farm output low; famines not uncommon;
export crops of coffee and oilseeds grown partly on state farms;
estimated 50% of agricultural production at subsistence level;
principal crops and livestock--cereals, pulses, coffee, oilseeds,
potatoes, sugarcane, vegetables, hides and skins, cattle, sheep, goats
Aid: US commitments, including Ex-Im (FY70-88), $471 million; Western
(non-US) countries, ODA and OOF bilateral commitments (1970-87), $2.6 billion;
OPEC bilateral aid (1979-89), $8 million; Communist countries (1970-88),
$2.0 billion
Currency: birr (plural--birr); 1 birr (Br) = 100 cents
Exchange rates: birr (Br) per US$1--2.0700 (fixed rate)
Fiscal year: 8 July-7 July
- Communications
Railroads: 988 km total; 681 km 1.000-meter gauge; 307 km 0.950-meter
gauge (nonoperational)
Highways: 44,300 km total; 3,650 km bituminous, 9,650 km gravel, 3,000 km
improved earth, 28,000 km unimproved earth
Ports: Aseb, Mitsiwa
Merchant marine: 14 ships (1,000 GRT or over) totaling 71,837
GRT/92,067 DWT; includes 10 cargo, 1 roll-on/roll off cargo, 1 livestock
carrier, 2 petroleum, oils, and lubricants (POL) tanker
Civil air: 21 major transport aircraft
Airports: 152 total, 111 usable; 9 with permanent-surface runways;
2 with runways over 3,659 m; 10 with runways 2,440-3,659 m; 51 with runways
1,220-2,439
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