Ethiopia's Economic Performance Report for First Month of 2017 EC
Ethiopia's economy achieved a growth rate of 9.2 percent for the 2024/25 fiscal year, according to data from the International Monetary Fund (IMF). The Grand Ethiopian Renaissance Dam (GERD) has reached an installed capacity of 5,150 megawatts. Meanwhile, Bole International Airport is now managing over 20 million passengers annually.
Construction has commenced on a new airport in Bishoftu, which is designed to handle a capacity of 110 million passengers. Additionally, the country's fourteen industrial parks currently employ more than 70,000 workers. Export revenue generated from these parks reached 266.9 million dollars in the last fiscal year, highlighting the country's ongoing economic development initiatives.
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