Ethiopia
Federal Democratic Republic of Ethiopia
Ethiopia is Africa's second-most populous country and one of the fastest-growing economies on the continent, with average GDP growth exceeding 9% over the past decade. The economy is driven by agriculture (coffee is the world's birthplace of Arabica), a rapidly expanding manufacturing sector focused on textiles and garments, and massive infrastructure investments.
The country is undergoing significant economic reforms, including the landmark decision to float the birr in July 2024 and the launch of the Ethiopian Securities Exchange (ESX) in 2024, opening capital markets for the first time. The planned partial privatization of Ethio Telecom (40+ million subscribers) and the entry of Safaricom Ethiopia are transforming the telecom sector.
Ethiopian Airlines is Africa's largest and most profitable airline, serving as a major continental hub. The Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile will be Africa's largest hydroelectric plant upon completion.
Snapshot
World Bank Indicators Compare with another country
Climate Readiness Full ranking
How this is computed
Adaptive capacity to absorb climate finance and adapt, following the readiness dimension of the ND-GAIN framework. Built only from measured values already held on each country profile. It is not a measure of emissions or physical climate vulnerability, which the platform does not yet hold.
- Energy access (30%) — World Bank, access to electricity (% of population). The single most climate and energy specific signal held: SDG 7 and the clean-energy transition.
- Governance readiness (20%) — Transparency International, Corruption Perceptions Index (0-100). ND-GAIN governance readiness: the capacity to govern and deploy climate finance. Higher is cleaner.
- Human readiness (20%) — UNDP, Human Development Index (0-1). ND-GAIN social readiness: the adaptive capacity of the population.
- Economic readiness (15%) — World Bank, GDP per capita (current US$), latest measured year. ND-GAIN economic readiness: the capacity to finance adaptation. Scored relative to the covered set.
- Digital readiness (15%) — World Bank, individuals using the Internet (% of population). Information systems for early warning and adaptation.
A country is scored only when at least 4 of the five indicators are held. Sub-scores are weighted and renormalised over the indicators that are present; nothing is estimated for one that is absent.
Country Facts
Focus Sectors
Trade
Top Export Partners (2023)
Top Export Goods
Top Import Partners (2023)
Top Import Goods
Finance & Capital Markets
Major Banks
Regulations & Taxes
Talent
Business Directory (776)
View AllMAKIVA GC
BusinessZERIHUN AGRICULTURAL INPUT SUPPLIER
BusinessALAMEREW DERESE
BusinessASHENAFIE BKELE
BusinessSHUMEYE MAMO
BusinessSELAMIWIT WORKENEH
BusinessFRAOL ADBDI AND THERIR FREINDS
BusinessBARNABAS FURNITURE
BusinessHANA AND MANDE COMPUTER SUPPLY
BusinessTAFESSE MAMO GWWC
BusinessDAWA CONSTRUCTION AND TRADING
BusinessNATIONAL TRADING PLC
BusinessRecent Deals (3)
View All DealsTenders
View AllConsultancy Services for Design and Study of Bridges and Rural Gravel Roads in Madawalabu, Sawena, Elwaye, Dawe Sarar and Mieso Woredas.
Oromia Regional Project Coordination Unit (RPCU)
Provision of Agricultural Machinery in the Project “Support to Mechanized Agriculture Systems in Ethiopia (Amhara Regional State)”
UNIDO
Contract Awards
View AllProcurement of Cereal crop seeds for CSA beneficiaries for Ura woreda.
Government of Ethiopia (World Bank-financed, project P174385)
External Financial Audit for RLLP-II for three years (2018, 2019 and 2020 EC)
Government of Ethiopia (World Bank-financed, project P174385)
Civil work construction of small schemes of #5 Springs on Spot (SoS) in Dale Wabera Woreda, found Ganka Wale Adano Walbata, Darbo Walbera, Omo Wale Diba & Wale Diba Kebeles of Kellem Wollega Zone
Government of Ethiopia (World Bank-financed, project P167794)
Contract Agreement for the Procurement of 107 AWS with Accessories for 107 woredas
Government of Ethiopia (World Bank-financed, project P180076)