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Agriculture in Ethiopia is the foundation of the country's economy, accounting for half of gross domestic product (GDP), 83.9% of exports, and 80% of total employment. Ethiopia 's agriculture is plagued by periodic drought, soil degradation [1] caused by overgrazing, deforestation, high levels of taxation and poor infrastructure (making it ...
36.1%. Ethiopia's economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20. Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [77] Industry, mainly construction, and services accounted for most of the growth.
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Internet in Ethiopia. In Ethiopia, the Internet penetration rate is 25% as of January 2022, and it is currently attempting a broad expansion of access throughout the country. [1] These efforts have been hampered by the largely rural makeup of the Ethiopian population and the government's refusal to permit any privatization of the ...
Location of Ethiopia. Ethiopia is a country located in the Horn of Africa. According to the IMF, Ethiopia was one of the fastest-growing economies in the world, registering over 10% economic growth from 2004 through 2009. [1] It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008. [2]
Mining in Ethiopia. Microcline from the Kenticha mine, Oromia Region, Ethiopia. Mining is important to the economy of Ethiopia as a diversification from agriculture. Currently, mining comprises only 1% of GDP. Gold, gemstones (diamonds and sapphires), and industrial minerals are important commodities for the country's export-oriented growth ...
This would lead to government initiative to bring economic development and reducing poverty. [1] In 2020, Ethiopia totally registered 518,000 tourists, being 126th rank in the world. It generated 2.28 million dollars in the tourism sector alone, corresponds to 2.1% GDP and approximately 5.4% of all international tourism receipts in East Africa. [6]
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