ABiQ’s forecasting tool has predicted that Ethiopia will see a 12.5% increase in population by 2030, with the country set to play home to over 16 million additional people bringing its total to over 128 million.
Its latest GDP stands at nearly US $91 billion, around $812 per capita. Its economy is agriculturally based and makes up the bulk of its exports.
Electricity demand will reach 4.8GW and there will be a requirement to develop 9.3 million new housing units. On top of this, an estimated 1.7 million square metres of retail space will be needed.
Over 19.2 million children will be going to school. To support population growth, Ethiopia will need an additional 108 new hospitals and 3,100 new physicians to maintain the current standard of living.
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|Population in 2020||112 million|
|Population by 2030||128 million|
|GDP 2019||US $91 bn|
|Electricity Capacity required by 2030||4,844 MW|
|Potable Water required by 2030||9.3 bn cm3|
|New housing by 2030||9.8 million units|
|Additional retail by 2030||1.7 million m2|
|Children in school by 2030||19.2 million|
|New Hospitals required by 2030||108 new hospitals|