Market Research In Ethiopia

Ethiopia Profile:

  • Ethiopia, officially the Federal Democratic Republic of Ethiopia is a country located in the Horn of Africa.
  • Ethiopia is one of the founding members of the UN, the Group of 24 (G-24), the Non-Aligned Movement, G-77 and the Organisation of African Unity.
  • Ethiopia has the lowest level of income-inequality in Africa and one of the lowest in the world, with a Gini coefficient comparable to that of the Scandinavian countries.
  • In 2008 and 2011, Ethiopia’s growth performance and considerable development gains were challenged by high inflation and a difficult balance of payments situation.
  • Land distribution and administration is considered an area where corruption is institutionalized, and facilitation payments as well as bribes are often demanded when dealing with land-related issues

Ethiopia Economy:

  • Ethiopia is a one-party state with a planned economy, for more than a decade before 2016, Ethiopia grew at a rate between 8% and 11% annually – one of the fastest growing states among the 188 IMF member countries.
  • Ethiopia remains one of the poorest countries in the world, due both to rapid population growth and a low starting base.
  • Ethiopia has the lowest level of income-inequality in Africa and one of the lowest in the world, with a Gini coefficient comparable to that of the Scandinavian countries.
  • Growth was driven by government investment in infrastructure, as well as sustained progress in the agricultural and service sectors. More than 70% of Ethiopia’s population is still employed in the agricultural sector, but services have surpassed agriculture as the principal source of GDP.
  • Manufacturing represented less than 8% of total exports in 2016, but manufacturing exports should increase in future years due to a growing international presence

Ethiopia Facts:

  • Population: 105.4 million
  • Capital: Addis Ababa
  • Largest city: Addis Ababa
  • Area: 1,104,300 sq km
  • Major language: Oromo (official in Oromiya State) 33.8%, Amharic (official) 29.3%
  • Major religion: Ethiopian Orthodox 43.5%, Muslim 33.9%, Protestant 18.5%, traditional 2.7%, Catholic 0.7%, other 0.6%
  • Life expectancy: 60.1 years (Male), 65.1 years (Female)
  • Monetary unit: 1 Ethiopian Birr(EB, ETB) = 100 Cents
  • Main exports: Coffee (27%, by value), oilseeds (17%), edible vegetables including khat (17%), gold (13%), flowers (7%), live animals (7%), raw leather products (3%), meat products (3%)
  • GNI per Capita: $1,730

Our Market Research Services in Ethiopia:

We Employ A Wide Range of Research Techniques in Ethiopia:

How Can We Help You?

Contact us at Global Vox Populi and submit a business inquiry online.

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