Meles Zenawi has become an African success story. Strong GDP growth has been achieved and will continue under the five-year Growth and Transformation Plan which promotes privatization and foreign investment. The latter is dominated not by the west but by emerging countries such as India, Egypt and China. Amongst others, these countries invest in a growing textile and leather industry or commercial agriculture. In order to become an export based economy, Ethiopia is heavily upgrading its infrastructure such as the railroad to Djibouti seaport – paid for by China.
|GDP growth 2011-2017||10.2%|
|GDP (2011, in USD bn)||31.3%|
|Population (2011, in mn)||86.8%|