World Business Council



ETHIOPIA

Chair

Ethiopia, with a population of approximately 125 million and a GDP of around $130 billion in 2023, is one of Africa’s fastest-growing economies. The per capita income is about $1,000. The country’s economy is diverse, with significant contributions from agriculture, manufacturing, and services.

Ethiopia has focused on infrastructure development, including transportation and energy, creating opportunities for foreign direct investment (FDI) in these sectors. With rich resources and ongoing economic reforms, Ethiopia is positioned as a major growth hub in East Africa.