Ethiopia PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Report Launched

As per International Monetary Fund (IMF) Ethiopia’s nominal gross domestic product is expected to grow at a CAGR of 15.69% from it’s 2015 level of ETB 1297.96 billion and reach ETB 3599.87 billion by 2022.

Ethiopia's location gives it strategic dominance as a jumping off point in the Horn of Africa, close to the Middle East and its markets. Landlocked, it borders Eritrea, Somalia, Kenya, South Sudan, and Sudan its tiny neighbor, Djibouti, is also its main port. Ethiopia's huge population of about 91.196 million (2016) makes it the second most populous nation in Africa (after Nigeria).

Ethiopia had population of 91,196 million in the year 2016 and expected to reach 100.309 million by 2022, growing at a CAGR of 1.60%.

Ethiopia's real gross domestic product (GDP) was around ETB 747.309 billions in 2016 whereas the nominal GDP was ETB 1528.04 billions. This resulted in GDP deflator 204.473. Per capita GDP was estimated at USD 795.234 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 1945.89.

In 2016, Ethiopia government's revenue was ETB 244.819 billions whereas the expenditure was ETB 280.893 billions. This resulted Ethiopian government's net lending / borrowing negative at ETB 36.073 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Ethiopia was estimated to be negative at USD 7.206 billions for the year 2016 and is expected to decline at a CAGR of 2.65% and reach USD 8.986 by 2022. This negative current account balance indicates the Ethiopia is a net borrower from the whole world.

Scope of the Ethiopia PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports

• These reports provide information about key macroeconomic indicators for Ethiopia.
• These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Ethiopia.
• These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Ethiopia.
• These reports provide risk analysis for Ethiopia.

For more information and to purchase Ethiopia PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/ethiopia-pestel-analysis-market-research-report

For more information and to purchase Ethiopia SWOT Analysis Market Research Report please visit:  https://www.marketresearchreports.com/market-research-reports-inc/ethiopia-swot-analysis-market-research-report

For more information and to purchase Ethiopia Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/ethiopia-risk-analysis-market-research-report