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, from measured indicators only. It is not a measure of emissions or physical climate vulnerability.
- 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
Exports $3.21B (2024)
5.5% to other African countries
Top export partners
Top export products (HS 4)
By HS chapter
Imports $7.22B (2024)
4.6% from other African countries
Top import partners
Top import products (HS 4)
By HS chapter
Source: CEPII BACI (version 202601, updated 22 Jan 2026), Etalab 2.0 (licence). Goods only, HS 2022, current USD, 2024. Aggregated by allbusiness.africa.
Finance & Capital Markets
Major Banks
Regulations & Taxes
Talent
Business Directory (776)
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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 DealsContract Awards
View AllAMHARA NATIONAL REGIONAL STATE AGRICULTURE BUREAU: RESTORATION OF LIVESTOCK SERVICES IN CONFLICT AFFECTED AREAS OF AMHARA REGION
Directorate-General for International Partnerships (INTPA)
AMHARA NATIONAL REGIONAL STATE DISAASTER PREVENTION AND FOOD SECURITYCOMMISSION: STRENGTHENING DECENTRALIZATION OF DISASTER RISK REDUCTION MANAGEMENT IN AMHARA REGION, ETHIOPIA
Directorate-General for International Partnerships (INTPA)
BUREAU OF PASTORAL DEVELOPMENT: RESTORATION OF LIVESTOCK SERVICES IN THE DROUGHT AFFECTED AREAS OF SOMALI REGION
Directorate-General for International Partnerships (INTPA)
BUSA GONOFA SYSTEM OF OROMIA REGION: STRENGTHENING DECENTRALIZATION OF DISASTER RISK MANAGEMENT IN OROMIA NATIONAL REGIONAL STATE
Directorate-General for International Partnerships (INTPA)