The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Ethiopia  
Rank: 110 · Score: 24.7  

Basic facts, 2015        
Population (millions) 99.4   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 59.9   M&A volume (quartile) 2nd
GDP per capita (US$) 602.8   Venture capital investments (quartile) Bottom
GDP growth (per cent) 8.7   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 110 9, 9, 10, 13, 15 24.7
1 Economic Activity 13 115, 94, 97, 122, 112 94.7
2 Depth of Capital Market 113 9, 8, 9, 11, 12 6.6
3 Taxation 83 67, 46, 46, 43, 42 88.9
4 Investor Protection and Corporate Governance 115 20, 15, 10, 9, 10 39.0
5 Human and Social Environment 90 32, 26, 25, 30, 35 36.2
6 Entrepreneurial Opportunities 101 9, 10, 9, 13, 24 33.2


 
Historic performance, 2012-2016   Key driver performance, 2016

   

VCPE Rank  
VC Rank  
PE Rank
Ethiopia  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Envorinment
Entrepreneurial Culture
and Deal Opportunites
Rwanda 85.5 10.6 92.3 59.5 62.2 30.9
Algeria 81.6 6.3 93.3 40.6 31.9 50.1
Cameroon 88.1 6.9 72.3 47.4 31.7 33.8
Ethiopia 94.7 6.6 88.9 39.0 36.2 33.2
Senegal 79.1 5.4 61.8 55.6 39.4 36.0
Madagascar 80.3 5.8 92.7 43.4 29.5 40.2
Mali 83.3 6.5 86.0 47.9 34.0 27.9
Last updated: 8 August 2016