Ethiopia’s economy grew by an average 10.6 percent annually from 2004 to 2011, which resulted in poverty levels dropping from 38.7 percent of the population to just 29.6 percent during the same period. But it is still considered as one of the least-developed countries in the world and continues to rank low — 173rd out of 186 in 2013 — in the Human Development Index.
Malnutrition is among the biggest challenges in the country. According to the 2011 Demographic Health Survey, stunting is prevalent across 44 percent of children under 5 years old. Easing the strain on natural resources, ensuring inclusive and transformative growth, strengthening basic services delivery and gender equity, promoting democratic governance, and contributing to the regional stability in the Horn of Africa are among Ethiopia’s other key challenges.