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Ethiopia

13. Foreign Direct Investment and Foreign Portfolio Investment Statistics

Table 2: Key Macroeconomic Data, U.S. FDI in Host Country/Economy
Host Country Statistical source* USG or international statistical source USG or International Source of Data:  BEA; IMF; Eurostat; UNCTAD, Other
Economic Data Year Amount Year Amount
Host Country Gross Domestic Product (GDP) (M USD) 2019/20** $107.7B 2019 $95.9B www.worldbank.org/en/country
Foreign Direct Investment Host Country Statistical source* USG or international statistical source USG or international Source of data:  BEA; IMF; Eurostat; UNCTAD, Other
U.S. FDI in partner country (M USD, stock positions) 2020 $738 2019 N/A http://www.investethiopia.gov.et/
Host country’s FDI in the United States (M USD, stock positions) 2019 N/A 2019 N/A http://bea.gov/international/
direct_investment_multinational_
companies_comprehensive_data.htm
Total inbound stock of FDI as % host GDP 2019/20** 10% 2019 2.62% www.worldbank.org/en/country

*National Bank of Ethiopia and Ethiopian Investment Commission

**Ethiopian Fiscal Year 2019/2020, which begins on July 8, 2020.

Table 3: Sources and Destination of FDI
Direct Investment from/in Counterpart Economy Data
From Top Five Sources/To Top Five Destinations (US Dollars*, Millions)
Inward Direct Investment Outward Direct Investment
Total Inward $10,766 100% Total Outward*** N/A N/A
China $3,364 31.3% N/A N/A N/A
Saudi Arabia $1,421 13.2% N/A N/A N/A
Turkey $915 8.5% N/A N/A N/A
United States $738 7% N/A N/A N/A
India $538 5% N/A N/A N/A
“0” reflects amounts rounded to +/- USD 500,000.

Data regarding inward direct investment are not available for Ethiopia via the IMF’s Coordinated Direct Investment Survey (CDIS) site (http://data.imf.org/CDIS); we have instead used data from the Ethiopian Investment Commission.

*The yearly average exchange rate is used for each year from 1992 – 2020 in order to convert the amount of FDI from domestic currency into U.S. dollars.

*** Total Outward investment data are not available.

Table 4: Sources of Portfolio Investment
Data regarding the equity/debt breakdown of portfolio investment assets are not available for Ethiopia via the IMF’s Coordinated Portfolio Investment Survey (CPIS) and are not available for external publication from the Government of Ethiopia.

Investment Climate Statements
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The Lessons of 1989: Freedom and Our Future