Ethiopia: Steady, Measured Reforms Would Help Ethiopia Reach Its Potential

analysis

Since the early 1990s Ethiopia has experienced reduced state repression, a relatively stable political climate, and has made encouraging strides to improve the living standards of its people. Education, health, infrastructure and economic growth have all improved, especially in the past decade.

These achievements were possible on the back of an average annual growth rate of more than 10% from 2007 to 2017, making it the fastest growing economy globally. The gains have come from a very low base however, and the government needs to do a lot more considering that the population is expected to grow rapidly from 107 million in 2018 to 175 million by 2040.

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