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Ethiopia, Economy

capita gross domestic product, economy of Ethiopia, GDP, barter, expenditures

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.

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Article key phrases:

capita gross domestic product, economy of Ethiopia, GDP, barter, expenditures, agricultural sector, earnings, local markets, trading, revenues, Participation, year, people

 
 

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