With a population of 94 million inhabitants (2013) spread over a territory of 1.1 million km2, Ethiopia is the second most populous country in Sub-Saharan Africa. It experienced a period of strong growth between 2004 and 2014. The average annual growth rate stood at 10.4%, placing the country on a convergence path with the average recorded by the group of Least Developed Countries (LDCs) and Sub-Saharan African countries. In addition, although the country continues to be at quite a low level in the Human Development Index (HDI), (173rd position out of 186 in 2014), with a per capita income of USD 550 in 2013, over the past decade, all the parameters that make up this index have seen a more marked and faster improvement than in most of the other Least Developed Countries. The poverty rate fell from 44.2% in 2000 to almost 29% in 2014, while income disparities remain low, despite a slight increase. This performance is the result of the proactive policy implemented by the Government, in particular via the Growth and Transformation Plan (GTP), whose orientations aim to modernize agriculture, develop industry, promote and diversify exports, extend and upgrade infrastructures, and support social sectors. The goal of the Ethiopian Government is to achieve green, strong and inclusive growth so as Ethiopia attains the status of middle-income country by 2025.
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