Ethiopia is a country located in the Horn of Africa. Ethiopia is the second-most populous country in Africa with over 100 million people, and the tenth-largest by area. Ethiopia is bordered by Eritrea to the north, Djibouti to the northeast, Somalia to the east, Kenya to the south, South Sudan to the west, and Sudan to the northwest. Ethiopia has a climate that ranges from tropical near the coast to temperate in the highlands. The terrain of Ethiopia is mostly highlands with some lowlands in the west and southwest.
Ethiopia is one of the oldest countries in the world, with a history dating back to the first millennium BC. Ethiopia was a monarchy for most of its history, with the Emperor of Ethiopia wielding absolute power. In 1974, a socialist military government overthrew the Emperor and established a one-party state. In 1991, a coalition of rebel groups overthrew the government and Ethiopia became a federal republic. Ethiopia is a member of the United Nations, the African Union, and the Non-Aligned Movement.
Ethiopia is a developing country with a low income economy. Ethiopia is the fastest-growing non-oil-dependent economy in Africa and the second-fastest growing economy in the world. Ethiopia has experienced rapid economic growth in recent years, with an annual growth rate of 10.3% in 2016. Ethiopia is the world's second most populous landlocked country. Agriculture is the dominant sector of the economy, accounting for 46.3% of GDP and 85.8% of employment. Ethiopia is Africa's top producer of coffee and has the potential to become a major global player in the coffee market. Ethiopia is also a major producer of livestock, Ethiopia is the world's fourth-largest producer of livestock.
The Ethiopian economy is projected to grow at an annual rate of 8.5% in the coming years. Ethiopia's economic growth is driven by a number of factors, including agricultural productivity, foreign investment, and manufacturing. Ethiopia has a large youth population and a rapidly growing working-age population. Ethiopia's population is expected to double by 2050. This population growth, combined with economic growth, is expected to lead to a significant increase in Ethiopia's GDP.
The Ethiopian government has been working to improve the business environment and attract foreign investment. Ethiopia has signed a number of bilateral investment treaties and is a member of the Multilateral Investment Guarantee Agency. The Ethiopian government has also established a number of special economic zones and free trade zones.
Ethiopia is a country with a rich history and culture. Ethiopia is the birthplace of the Ethiopian Orthodox Church and the Solomonic Dynasty. Ethiopia is also the home of a number of World Heritage Sites, including the Simien National Park and the rock-hewn churches of Lalibela.
200.60 billion US dollars