Population, Total for Ethiopia
POPTOTETA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132,059,767.00
Year-over-Year Change
37.85%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Ethiopia' trend measures the total population of Ethiopia over time. It is a key metric for economists and policymakers to understand demographic trends and their social and economic implications.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the total population residing within the geographical boundaries of Ethiopia. It is an essential indicator for analyzing population growth, urbanization, labor force dynamics, and other demographic factors that impact economic development.
Methodology
The data is collected and reported by the World Bank based on official national statistics.
Historical Context
Policymakers and analysts use this population data to inform decisions on resource allocation, infrastructure planning, and social welfare programs.
Key Facts
- Ethiopia's population has more than tripled since 1960.
- Ethiopia has one of the fastest-growing populations in the world.
- Over 40% of Ethiopia's population is under the age of 14.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Ethiopia' trend measures the total number of people residing within the geographical boundaries of Ethiopia over time.
Q: Why is this trend relevant for users or analysts?
A: This population data is crucial for understanding demographic shifts and their socioeconomic implications, which informs policymaking and business strategies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on official national statistics from Ethiopia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this population data to inform decisions on resource allocation, infrastructure planning, and social welfare programs.
Q: Are there update delays or limitations?
A: The data is updated annually, with some potential lags in reporting from national statistical agencies.
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Citation
U.S. Federal Reserve, Population, Total for Ethiopia (POPTOTETA647NWDB), retrieved from FRED.