s, and deterioration of internal security
conditions. 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, and is
implementing reform measures that are gradually liberalizing the
economy. A major medium-term problem is the improvement of roads,
water supply, and other parts of an infrastructure badly neglected
during years of civil strife.

National product: GDP - purchasing power parity - $20.3 billion (1993
est.)

National product real growth rate: 3% (1994 est.)

National product per capita: $380 (1993 est.)

Inflation rate (consumer prices): 10% (FY93/94)

Unemployment rate: NA%

Budget:
revenues: $1.2 billion
expenditures: $1.7 billion, including capital expenditures of $707
million (FY93/94)

Exports: $219.8 million (f.o.b., 1993 est.)
commodities: coffee, leather products, gold
partners: Germany, Japan, Saudi Arabia, France, Italy

Imports: $1.04 billion (c.i.f., 1993 est.)
commodities: capital goods, consumer goods, fuel
partners: US, Germany, Italy, Saudi Arabia, Japan

External debt: $3.7 billion (1993 est.)

Industrial production: growth rate -3.3% (FY91/92); accounts for 12%
of GDP

Electricity:
capacity: 460,000 kW
production: 1.3 billion kWh
consumption per capita: 23 kWh (1993)

Industries: food processing, beverages, textiles, chemicals, metals
processing, cement

Agriculture: accounts for 45% of GDP; export crops of coffee and
oilseeds are grown partly on state farms; estimated 50% of
agricultural production is at subsistence level; principal crops and
livestock - cereals, pulses, coffee, oilseeds, sugarcane, potatoes and
other vegetables, hides and skins, cattle, sheep, goats

Illicit drugs: transit hub for heroin originating in Southwest and
Southeast Asia and destined for Europe and North America as well as
cocaine destined for southern African markets; cultivates qat (chat)
for local use and regional export

Economic aid:
recipient: US commitments, including Ex-Im (FY70-89), $504 million;
Western (non-US) countries, ODA and OOF bilateral commitments
(1970-89), $3.4 billion; OPEC bilateral aid (1979-89), $8 million;
Communist countries (1970-89), $2 billion

Currency: 1 birr (Br) = 100 cents

Exchange rates: birr (Br) per US$1 - 5.9500 (