Kenya’s GDP, on the other hand, is expected to rise to 69.1 billion U.S. dollars in 2016, up from 63.4 billion dollars in 2015. If the projections turn out to be true, Ethiopia, hailed by pundits as an “African lion”, will surpass Kenya. Kenya’s GDP then stood at 14 billion U.S. dollars while Ethiopia’s output was somewhere around 8 billion dollars. Both institutions agree that Ethiopia will maintain fast economic growth, with a projected annual rate at seven to nine percent. Ethiopia, the second most populous nation on the African continent, has an estimated population of 100 million, doubling that of Kenya.

Source: Ethiopian News February 26, 2017 19:43 UTC