Ethiopia, Economy

Ethiopia is one of the world’s poorest nations, with a per-capita gross domestic product (GDP of $100 a year in 2000). The economy of Ethiopia remains heavily dependent on the earnings of the agricultural sector. Participation by most of the people in the monetary economy is limited; much trading is conducted by barter in local markets. The estimated annual budget in 1993 included $630 million in revenues and $968 million in expenditures.