ethiopia unemployment rate world bank pdf

Notes: see table 2. Ethiopia unemployment rate for 2017 was 2.12%, a 0.05% decline from 2016. Growth in Ethiopia remained robust in FY W9 thanks to a strong service sector performance. Ethiopia unemployment rate for 2018 was 2.08%, a 0.04% decline from 2017. Find Out This site uses cookies to optimize functionality and give you the best possible experience. <> Global data and statistics, research and publications, and topics in poverty and development, PUBLICATION: Ethiopia Economic Update: Reform Imperatives for Ethiopia’s Services Sector, Environmental and Social Policies for Projects. Economist and Co-TTL), Mesfin Girma (Economist and …

2012 “By reforming its distribution services, Ethiopia could further promote competition, innovation and improve consumer satisfaction and welfare,” said Nora Dihel, World Bank Senior Economist and co-author of the report. The report was prepared by Michael Geiger (Sr. for example, as indicated in the World Bank data base (2011), the general unemployment rate stood at 20.5% in Ethiopia, 23.5% in South Africa, 4.3% in China, 5% in Japan, 9.1% in France, 8.3% in Brazil and Sweden and 9.3% in the US. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. The Horn of Africa nation was the world’s fastest growing economy in 2017. The average value for Ethiopia during that period was 2.71 percent with a minimum of 2.08 percent in 2018 and a maximum of 3.71 percent in 1999. According to official statistics, during the ten fiscal years ending June 2016, Ethiopia’s GDP averaged 10.3% mainly driven by government consumption and private investment. The number of people living in urban centers is expected to nearly triple in the next two decades, from 15.2 million in 2012 to 42.3 million in 2037, growing at 3.8 percent a year. Raising awareness about the strategic importance of services as a first step ahead of the design of a comprehensive reform strategy that is linked with national development plans; Taking steps to relax trade and market access barriers; to eliminate regulatory obstacles, and deal with informality issues; Addressing the concerns of the poorest households and facilitating the inclusion of smallholder farmers in modern value chains; and.

Unemployment rate of Ethiopia fell gradually from 3.7 % in 1999 to 2.1 % in 2018. Weeks of severance pay for redundancy of experienced workers, Paid annual leave for a worker with 5 years of tenure (in working days), GDP per person employed (constant 1990 PPP $), Labor force participation rate, total (% of total population ages 15+) (modeled ILO estimate), Wage and salaried workers, total (% of total employment) (modeled ILO estimate).

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Labor force participation rate, total (% of total population ages 15+) (modeled ILO estimate) A Homegrown Reform The Ethiopia Urbanization Review 2015 indicates that the rate of urbanization will be even faster, at about 5.4 percent a year.4 That “Meaningful reforms will help expand manufacturing, boost job creation, enhance food security and promote economic diversification among other things.”. The sixth edition of the Ethiopian Economic Update finds that last year’s drought, which affected about 8.5 million people in southeastern Ethiopia, had minimal impact on the economy. (2014-06-10), Births per 1,000 Women Ages 15-19, Annual, Not Seasonally Adjusted, Number of Years, Annual, Not Seasonally Adjusted, Percent of Total, Annual, Not Seasonally Adjusted, Index 2010=100, We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Unemployment Rates (as percent of labor force): (new registrations per 1,000 people ages 15-64), Financing & Risk 1 0 obj Dealing with skills issues in services and addressing infrastructure constraints such as roads and ports. IBRD/IDA Operations Approved by Fiscal Year, New and Supplemental Projects by Fiscal Year, Average Monthly Temperature 1901 - 2009 (C), Average Monthly Rainfall 1901 - 2009 (mm), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building, Poverty headcount ratio at national poverty lines (% of population), GNI per capita, Atlas method (current US$), Statistical Capacity score (Overall average). Recently, unemployment has … Unemployment Rate in Ethiopia averaged 19.54 percent from 1999 until 2018, reaching an all time high of 26.40 percent in 1999 and a record low of 16.80 percent in 2015.

Dollars, Annual, Not Seasonally Adjusted, Number per 1,000 Live Births, Annual, Not Seasonally Adjusted, 1=Most Business-friendly Regulations, Annual, Not Seasonally Adjusted, Births per Woman, Annual, Not Seasonally Adjusted, Percent of GDP, Annual, Not Seasonally Adjusted, Per 100 People, Annual, Not Seasonally Adjusted, Percent of Working-Age Population, Annual, Not Seasonally Adjusted, Percent Change at Annual Rate, Annual, Not Seasonally Adjusted, 1967 Explore raw data about the World Bank's finances - slice and dice datasets; visualize data; share it with other site users or through social networks; or take it home with a mobile app. Ethiopia: Unemployment rate: For that indicator, we provide data for Ethiopia from 1991 to 2019. Ǻ�?�>��a�D��K��K�e{N�|��4�.��_ �fx0��)��y�ў�e?FPT��z��Vh��$��:��JdP�ci?��֢�R�A�ݡ��i�]��[B.�V ��hD��Md\��K_��ЍtCN��(EI�) :��n��ˢ０2��q�{�Yq�{�i��t��&ϲ/qk��Ġ��q�K�=��^!�� דn" �;��h��j �ޜZ��n�Ȁ]Y� �GF��#�a+��Tr:$+[��1��(Sd +�pÏ�mZWF:`H��PH�N]A�� #ў�NAf�� The Economic Update especially identifies distribution services as a potential entry point for such reforms. This page provides - Ethiopia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and … Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Dollars, Annual, Not Seasonally Adjusted, 2010 U.S. x��=]�%�m��Σm��0�93c0$��c;�8!v ?�%�TU}��l��{g��>T�JRI*��?�]��zy}�]~��E,қ�X�L��?�btx�/�-nӗ�|��E �]��Z/f�?䶘��my`à�RzJ��\� Find Out. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. For comparison, the world average in 2019 based on 182 countries is 7.04 percent.

Ethiopia Global Economic Prospects examines trends for the world economy and how they affect developing countries. $¬i��N�a? One Federal Reserve Bank Plaza, to lr�H�u�=�H'j��9ԕ�Om)}(;.

�ͺH��+]��_8ry��-=H��߿~�ӯ�~��v�Ȃ��k�M��uS��忾~y��뗟>��-��_dh&.��E��t��8`, TʄQy�u�6��B��ş��_��뗳0��@7C��M�a@}��r��{�m$,\�듎?u��ᡐ��ӯ��c@��-ƙ30)s}R� pX{}�+ e�� T*m�?��d��$S��(%�]Ve�$i��-��*ųPZfr��J�\��k$��ÿ-�u� �ħ��lGk��lg�v�j�IT��6Ĳ��f Ethiopia unemployment rate for 2019 was 2.08%, a 0.01% increase from 2018. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.

In order to sustain growth, the report urges the authorities to maintain tight macroeconomic policies, improve external competitiveness, curb structural imbalances and expand the role of the private sector. Federal Reserve Bank of St. Louis, Do legal provisions mandate equal pay for equal work (1=Yes, 0=No)? Not Seasonally Adjusted, Employment to Population Ratio for Ethiopia, Ease of doing business index for Ethiopia, Gross Domestic Product Per Capita for Ethiopia, Central government debt, total (% of GDP) for Ethiopia, Non-Life Insurance Premium Volume to GDP for Ethiopia, Insurance Company Assets to GDP for Ethiopia, Private Credit by Deposit Money Banks to GDP for Ethiopia, Bank Credit to Bank Deposits for Ethiopia, Age Dependency Ratio: Older Dependents to Working-Age Population for Ethiopia, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Ethiopia, Cash surplus/deficit (% of GDP) for Ethiopia, Ratio of Female to Male Secondary School Enrollment for Ethiopia, Deposit Money Bank Assets to GDP for Ethiopia, Life Expectancy at Birth, Total for Ethiopia, Bank's Non-Interest Income to Total Income for Ethiopia, Life Insurance Premium Volume to GDP for Ethiopia, H-Statistic in Banking Market for Ethiopia, Financial System Deposits to GDP for Ethiopia, Non-Bank Financial Institutions' Assets to GDP for Ethiopia, Credit to Government and State-Owned Enterprises to GDP for Ethiopia, Population ages 65 and above for Ethiopia. “We expect Ethiopia’s economy to remain stable in FY2018 and the medium term, provided that the government continues to implement appropriate macroeconomic policies and manage risks related to external debt, foreign exchange shortages, any future droughts or social unrest that could impact foreign direct investments and tourism,” said Mathew Verghis, World Bank Practice Manager for Macroeconomics, Trade and Investment.

<> If Data Visualizer does not load within 10 seconds, please ensure JavaScript is enabled and Adobe Flash Player version 10.0.0 or greater is installed. world. Global Economic Prospects examines trends for the world economy and how they affect developing countries. to Search, browse and map more than 10,000 projects from 1947 to the present. The recommendations of the report include calls for services and trade policy reforms that should, ideally, involve: “Although a wholesale services policy reform in Ethiopia’s current environment would be neither feasible nor desirable, several significant steps could be taken to open-up markets, increase economic efficiency and meet people’s expectation for improved services,” said Carolyn Turk, World Bank Country Director for Ethiopia, Sudan and South Sudan. endobj ADDIS ABABA, June 11, 2018 - Ethiopia’s GDP growth will decelerate to 9.6% in fiscal year 2018 (July 2017 to June 2018), down from 10.9% in fiscal year 2017, according to a new World Bank Group report. (2019-10-21), Births per 1,000 People, Annual, Not Seasonally Adjusted, Number per 1,000 adults, Annual, Not Seasonally Adjusted, Number per 100,000 adults, Annual, Not Seasonally Adjusted, Percent of People Ages 15 and Above, Annual, Not Seasonally Adjusted, Current U.S. 2 0 obj With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Bank's Non-Interest Income to Total Income for Ethiopia Percent, Annual, Not Seasonally Adjusted 1998 to 2017 (2019-10-21) 5-Bank Asset Concentration for Ethiopia For comparison, the world average in 2019 based on 182 countries is 7.04 percent. The Horn of Africa nation was the world’s fastest growing economy in 2017. Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. St. Louis, MO 63102, 1998 ADDIS ABABA, June 11, 2018 - Ethiopia’s GDP growth will decelerate to 9.6% in fiscal year 2018 (July 2017 to June 2018), down from 10.9% in fiscal year 2017, according to a new World Bank Group report.. The latest value from 2019 is 2.08 percent. ��[W��d�W��:�T"Yw$4��Y�_�㔁a��]�}fS�=� ��G�y#Hu�yۍD�g�V�'ۂqP-�o{��v��U��-6�=��=��L$57"��F�`��e�V��s�֐��Q醭��v��8�R��tJ�R��܋�L8�`�H$)�k��:�C ��4�w2�3n Ease of doing business index (1=most business-friendly regulations), Domestic credit to private sector (% of GDP), Mobile cellular subscriptions (per 100 people), Minimum wage for a 19 year old or apprentice (US$/mn; 0=no min wage).

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