Imports
$8.25 billion (2011 est.)Exports
$2.75 billion (2011 est.)Inflation rate (consumer prices)
33.2% (2011 est.)Unemployment rate
NA%GDP - per capita (PPP)
$1,100 (2011 est.)National product real growth rate
7% (2010 est.)Internet users
447,300 (2009)Telephones - mobile cellular
6.517 million (2009)Population growth rate
3.179% (2012 est.)Population
93,815,992 (July 2012 est.)About this country
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Historical background
Unique among African countries, the ancient Ethiopian monarchy maintained its freedom from colonial rule with the exception of a short-lived Italian occupation from 1936-41.
In 1974, a military junta, the Derg, deposed Emperor Haile SELASSIE (who had ruled since 1930) and established a socialist state.
Torn by bloody coups, uprisings, wide-scale drought, and massive refugee problems, the regime was finally toppled in 1991 by a coalition of rebel forces, the Ethiopian People's Revolutionary Democratic Front (EPRDF).
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Economic overview
Ethiopia's poverty-stricken economy is based on agriculture, accounting for almost 45% of GDP, and 85% of total employment.
The agricultural sector suffers from frequent drought and poor cultivation practices.
Coffee is critical to the Ethiopian economy with exports of some $350 million in 2006, but historically low prices have seen many farmers switching to qat to supplement income.
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