Ethiopia/November 10, 2018/@xtraconfl/188 views /Ethiopia Ethiopia: Nation Records Single-Digit GDP Growthshare on:FacebookTwitter Google +Pinterest Tumblr Linked InEmailSend to Email Address:Your NameYour Email AddressEmail check failed, please try againCancel The Planning & Development Commission has reported that the nation recorded one of the lowest growth rates over the past decade last fiscal year, 7.7pc. This is in contrast to an average of around 9.6pc growth in gross domestic product (GDP) this decade. Industry continued to be the fastest growing sector, while agriculture only grew by 3.5pc. Nonetheless, service continues to retain the largest share in the economy flanked by industry. ALSO READ Tomfoolery in Ethiopia: “No Fool Like an Old Fool”The growth in GDP also means that annual per capita income increases to 882 dollars. The wide disparity between imports and exports also continues, with exports making 8.4pc of GDP, while imports registered 23pc of GDP. This year’s economic performance is below the targets set by the government, which targeted an annual growth rate of 11.1pc, keeping inflation in the single digits and reducing the gap between exports and imports, none of which have materialised. Leave A Comment Below Related Tags:Ethiopia share on: FacebookTwitter Google +Pinterest Tumblr Linked InEmailSend to Email Address:Your NameYour Email AddressEmail check failed, please try againCancel previous articleSouth Sudan: The Country Faces Collapse If Peace Pact Fails Again. This Can Be Avertednext articleI don’t mind working with Obado, I don’t care what people say – RutoRelated Posts5 shares Ethiopia/November 28, 2018 Africa: ECA Urges African Countries to Sign Luxembourg Protocol22 shares Ethiopia/November 26, 2018 Ethiopia: Comprehensive Reform Momentous to Make Ethiopia Manufacturing HubEthiopia: Political Dialogue, Strengthening Institutions Priorities to Sustain Reform – Political PartiesEthiopian Opposition Leader Mideksa to Head Electoral BodyEthiopia: Understanding EPRDF’s Enigmatic Situation to Save the RepublicEthiopia: Former Niss Deputy Tells Court Rumors Tempted Him Take His Own Life, Denies Rights Abuse AccusationsEthiopia: Donkey Sanctuary and Ethiopian Government Commit to Safeguarding National Donkey HerdAfrica: Eritrea-Ethiopia Peace Leads to a Refugee SurgeEthiopia: Indian Company Set to Invest in Ethiopia With U.S.$200 MillionEthiopia: President Al-Bashir Returns Home From Addis Ababa