Ethiopia Economic Update 7 : Special Topic - Poverty and Household Welfare in Ethiopia, 2011-16
Ethiopia’s real gross domestic product (GDP) growth, while still strong, decelerated to 7.7 percent in FY2018. A slowdown in industrial growth, mainly driven by lower growth in construction due to foreign exchange shortages and higher prices of imp...
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| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/432421554200542956/Special-Topic-Poverty-and-Household-Welfare-in-Ethiopia-2011-2016 http://hdl.handle.net/10986/31503 |
| Summary: | Ethiopia’s real gross domestic product
(GDP) growth, while still strong, decelerated to 7.7 percent
in FY2018. A slowdown in industrial growth, mainly driven by
lower growth in construction due to foreign exchange
shortages and higher prices of imported construction
materials, coupled with weaker performance of the
manufacturing and the agriculture sectors, explains to a
large extent the growth deceleration. Services sector
exhibited strong growth in FY2018 while manufacturing
underperformed. Poverty in Ethiopia deceased substantially
over the past decade, although by less than what would have
been expected based the country’s on strong economic growth.
This special topic complements the government’s interim
report on 2015-2016 poverty analysis study, by taking a
closer look at some of the household-level welfare trends
between 2011 and 2016. |
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