ECONOMY

  • The fastest growing economy in Africa and 4th in the world (IMF 2018)
  • Forecast of real GDP growth is 8.5% in 2018 (IMF)
  • Forecast of real GDP growth between 7.8 and 10.0 percent for 2019 to 2023 (EIU)
  • 3% GDP growth per year from 2005/06 to 2015/16 (World Bank)
  • Largest economy in East and Central Africa
  • Ethiopia aims to achieve middle income status by 2025

Population

  • 107+ Million (World Bank 2019)
  • 2nd Largest Population in Africa
  • 12th Largest in the World
  • 4 % Growth Rate

Being a seat for African Union, United Nations Economic Commission of Africa (UNECA) with its 20+ agencies, Pan African Chamber Commerce and Industries (PACCI), 120+ diplomatic missions, various inter-governmental organizations and many other international companies’ regional offices, the capital city, Addis Ababa, is the political Hub of the continent and one of the top diplomatic cities in the world.

Health Infrastructure

  • Functional Public Facilities: 16,547 health posts, 3,962 health centers and 290 hospitals
  • Public facilities under construction: 442 health posts, 100 health centers and 102 hospitals
  • 101 Minor Or Centers Under construction
  • 410 Minor Surgery OR blocks started and 309 (75.4%) completed
  • Private Facilities: 7,245 Clinics and 62 hospitals (MoH, Annual performance report 2017/2018)  

Pharmaceutical Supply and Service

  • In 2017/2018, pharmaceutical and medical supplies worth of over ETB 16.22 Billion (~USD 590 Million) procured and distributed by public sector
  • Import is estimated at 800 million USD in 2018/2019
  • Supply of life-saving medication and essential drug supply reached 82% and 70% respectively

Healthcare Spending

  • The health sector spending in 2017 was ETB 50 billion (~USD2.27 Billion), out of pocket expenditure is 37%.
  • Projection for 2018/2019 stand at ETB 60 Billion (~USD5 Billion )
  • National Budget to health sector is 11.5%

Market Background

Ethiopia is currently experiencing demographic and epidemiologic shift. There is triple disease burden: communicable disease, non-communicable disease and injuries. While communicable diseases are on the decline, non- communicable diseases are projected to rise in the next 14 years.

* The overall costing for Health Sector Transformation Plan (2015/16 – 2019/20) is 15.6 billion USD and 22 billion USD in base and high case scenario. (MoH, HSTP)