Ethiopia’s FDI inflow from India and China: analysis of trends and determinants

Journal of Economic Structures

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 4 Ethio–China FDI and trade ratios.

Year	FDI	FDI Grw.	Trade	Trade Grw.	GDP Et	FDI/GDP	Trade/GDP	FDI/Trade
1997	1,320,362		55,266,554		8,589,211,391	0.02	0.64	2.39
1998	1,444,257	9	68,321,262	24	7,818,224,906	0.02	0.87	2.11
1999	3,451,377	139	77,797,482	14	7,700,833,482	0.04	1.01	4.44
2000	648,026	− 81	97,727,568	26	8,242,392,104	0.01	1.19	0.66
2001	3,036,636	369	141,353,874	45	8,231,326,017	0.04	1.72	2.15
2002	924,502	− 70	152,863,348	8	7,850,809,498	0.01	1.95	0.6
2003	16,524,151	1,687	320,521,920	110	8,623,691,300	0.19	3.72	5.16
2004	51,352,386	211	382,649,760	19	10,131,187,261	0.51	3.78	13.42
2005	14,442,218	− 72	595,882,605	56	12,401,139,454	0.12	4.81	2.42
2006	155,663,396	978	711,226,707	19	15,280,861,835	1.02	4.65	21.89
2007	243,909,464	57	1,206,409,545	70	19,707,616,773	1.24	6.12	20.22
2008	215,435,436	− 12	1,831,054,517	52	27,066,912,635	0.8	6.76	11.77
2009	149,719,858	− 31	2,131,524,847	16	32,437,389,116	0.46	6.57	7.02
2010	79,903,546	− 47	2,290,298,528	7	29,933,790,334	0.27	7.65	3.49
2011	65,486,788	− 18	1,998,306,081	− 13	31,952,763,089	0.2	6.25	3.28
2012	40,589,915	− 38	2,748,734,678	38	43,310,721,414	0.09	6.35	1.48
2013	368,313,058	807	3,261,319,185	19	47,648,211,133	0.77	6.84	11.29
2014	105,035,618	− 71	5,474,580,081	68	55,612,228,234	0.19	9.84	1.92
2015	190,307,136	81	6,378,002,519	17	64,464,547,915	0.3	9.89	2.98
2016	62,259,013	− 67	5,444,103,219	− 15	72,374,224,249	0.09	7.52	1.14
Total	1,769,767,143		35,367,944,280		519,378,082,140	6.39	98.14	119.83
Avrg	88,488,357		1,768,397,214		25968904107	0.3195	4.91	5.99
Av.Gr.	209.3	202		30