Ethiopia’s Gross Domestic Product (GDP) was estimated at USD 67.3 billion in 2019/2020. Despite the country being one of the low-income countries, with a per capita income of USD 1080 (2019/2020) (PDC, 2021). it is the fastest growing economy in the region. Ethiopia’s economy experienced a strong, broad-based economic growth averaging 9.4% a year from 2010/11 to 2019/20 (World Bank, 2021), compared to a regional average of 5.4%.
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