Ethio Tribune

Plural News and Analysis on Ethiopia and HOA

  • RSS google news

    • An error has occurred; the feed is probably down. Try again later.
  • RSS Capital

    • An error has occurred; the feed is probably down. Try again later.
  • RSS Unknown Feed

    • An error has occurred; the feed is probably down. Try again later.
  • RSS Unknown Feed

    • An error has occurred; the feed is probably down. Try again later.
  • RSS Walta

    • An error has occurred; the feed is probably down. Try again later.
  • RSS DireTube Video

    • An error has occurred; the feed is probably down. Try again later.
  • Enter your email address to receive notifications of new posts

    Join 481 other followers

  • Meta

  • Articles

  •  ምስለ መለስ፡ የማንነቱ ገፅታ

    ምስለ መለስ፡ የማንነቱ ገፅታ

  • Live streaming

  • ETV live streaming
  • RSS Sudan Tribune

    • An error has occurred; the feed is probably down. Try again later.
  • RSS East Africa News

    • An error has occurred; the feed is probably down. Try again later.
  • RSS BBC News

    • An error has occurred; the feed is probably down. Try again later.
  • RSS Aljazeera

    • An error has occurred; the feed is probably down. Try again later.
  • RSS Climate Change News

    • An error has occurred; the feed is probably down. Try again later.
  • RSS Technology News

    • An error has occurred; the feed is probably down. Try again later.
  • Archives

  • Flickr Photos: Ethiopia

Posted by Ethio Tribune on February 5, 2013

The CIA World Factbook reported that Ethiopia’s GDP (Purchasing Power Parity) reached $103.1 Billion USD in 2012. This is a $6.7 billion USD growth compared to the 2011 figures. For an economy without oil, gas, or significant minerals, such a huge growth rate is remarkable. The growth rate exceeded the population growth rate affecting the per capita income. According to the report, Ethiopia’s GDP Per Capita was $1100 in 2011, but it grew to $1200 in 2012. Although currently standing as the 8th biggest economy in Africa, Ethiopia will soon become the 7th biggest economy in the continent surpassing Tunisia whose GDP grew by just $2.7 billion in 2012. Once again, the right policies outlined by the government and the ruling party are proven to be working. The credit for such sustainable high growth rate goes to all hard working public servants, specifically, to the late PM Meles Zenawi, who was the architect of the economic reforms. (aigaforum)
The full report is available here:>> Ethiopia’s high-speed economic growth

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: