GDP:
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purchasing power parity - $46.81 billion (2003 est.)
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GDP - real growth rate:
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-3.8% (2003 est.)
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GDP - per capita:
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purchasing power parity - $700 (2003 est.)
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GDP - composition by sector:
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agriculture: 46%
industry: 12.6%
services: 41.4% (2003 est.)
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Investment (gross fixed):
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17% of GDP (2003)
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Population below poverty line:
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50% (2003 est.)
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Household income or consumption by percentage share:
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lowest 10%: 3%
highest 10%: 33.7% (1995)
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Distribution of family income - Gini index:
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40 (1995)
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Inflation rate (consumer prices):
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17.8% (2003 est.)
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Labor force:
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NA (2001 est.)
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Labor force - by occupation:
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agriculture and animal husbandry 80%, industry and construction 8%, government and services 12% (1985)
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Unemployment rate:
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NA (2002)
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Budget:
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revenues: $1.813 billion
expenditures: $2.4 billion, including capital expenditures of $788 million (2003 est.)
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Industries:
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food processing, beverages, textiles, chemicals, metals processing, cement
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Industrial production growth rate:
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6.7% (2001 est.)
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Electricity - production:
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1.713 billion kWh (2001)
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Electricity - production by source:
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fossil fuel: 1.3%
hydro: 97.6%
other: 1.2% (2001)
nuclear: 0%
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Electricity - consumption:
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1.594 billion kWh (2001)
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Electricity - exports:
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0 kWh (2001)
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Electricity - imports:
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0 kWh (2001)
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Oil - production:
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0 bbl/day (2001 est.)
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Oil - consumption:
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23,000 bbl/day (2001 est.)
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Oil - exports:
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NA (2001)
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Oil - imports:
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NA (2001)
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Oil - proved reserves:
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214,000 bbl (1 January 2002)
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Natural gas - proved reserves:
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12.46 billion cu m (1 January 2002)
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Agriculture - products:
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cereals, pulses, coffee, oilseed, sugarcane, potatoes, qat; hides, cattle, sheep, goats
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Current account balance:
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$-408 million (2003)
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Exports:
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$537 million f.o.b. (2003 est.)
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Exports - commodities:
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coffee, qat, gold, leather products, live animals, oilseeds
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Exports - partners:
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Djibouti 13.4%, Germany 11.4%, Saudi Arabia 6.9%, Japan 6.8%, Italy 6.4%, US 5.1% (2003 est.)
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Imports:
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$1.964 billion f.o.b. (2003 est.)
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Imports - commodities:
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food and live animals, petroleum and petroleum products, chemicals, machinery, motor vehicles, cereals, textiles
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Imports - partners:
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Saudi Arabia 23.6%, US 16.6%, China 6.2%, Switzerland 5%, Italy 4% (2003 est.)
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Reserves of foreign exchange & gold:
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$956 million (2003)
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Debt - external:
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$2.9 billion (2001 est.)
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Economic aid - recipient:
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$308 million (FY00/01)
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Currency:
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birr (ETB)
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Currency code:
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ETB
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Exchange rates:
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birr per US dollar - NA (2003), 8.5678 (2002), 8.4575 (2001), 8.2173 (2000), 7.9423 (1999)
note: since 24 October 2001 exchange rates are determined on a daily basis via interbank transactions regulated by the Central Bank
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Fiscal year:
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8 July - 7 July
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