The number of tourists who visited Ethiopia during the last nine months of the current fiscal year. Close to USD1.5 billion was obtained from the sector, according to the Ministry of Culture and Tourism. This dramatic change in revenue came due to the increase in the average stay of tourists from 4.7 days to 8 days this year. This was achieved through a coordinated effort among stakeholders such as tour and travel operators and hoteliers according to the Ministry.

In 2012/13 fiscal year, Ethiopia obtained USD633.7 million from 629,050 tourists. Compared to the previous year, the number of tourists and income generated from the sector increased by 8Pct and 37Pct, respectively. The number of foreign tourists visiting Ethiopia has been increasing by 12Pct and the revenue from tourism by 17Pct annually, on average, since 1991/92.

Despite the growth, the development of the tourism sector lags far behind that of Tanzania and Kenya, which generated USD2.7 billion and USD3.2 billion, respectively, last year. 

Ethiopia set a target of generating three billion dollar revenue from the sector by the end of its ambitious Growth and Transformation Plan in June 2015. One million tourists are expected to visit the country by then, a figure 59Pct higher than the previous fiscal year.

23 comments

  • Rodgerpielp

    where to buy generic levitra
    levitra 20 mg
    cheapest generic levitra online
    buy levitra online
    cheap generic levitra india

    Rodgerpielp Sunday, 22 October 2017 04:20 Comment Link
  • HarlanClode

    cheap cialis levitra
    buy levitra online
    buy cheap levitra canada
    levitra 20 mg
    buy cialis levitra and viagra

    HarlanClode Friday, 20 October 2017 22:41 Comment Link
  • PatrickTheak

    comprar viagra pfizer 50 mg
    buy viagra
    viagra cheaper mexico
    buy viagra online
    overseas viagra sale

    PatrickTheak Thursday, 19 October 2017 00:32 Comment Link
  • Davidram

    cialis 20 mg tablets uk
    generic cialis at walmart
    cheap cialis sydney
    cialis cost
    cheapest generic viagra cialis

    Davidram Monday, 16 October 2017 01:11 Comment Link
  • JoshuaErano

    cialis buy canada
    cost of cialis
    cialis usa buy
    cialis online
    cheap brand cialis online

    JoshuaErano Sunday, 15 October 2017 14:33 Comment Link
  • DanielRoN

    illegal buy viagra internet
    generic viagra
    where can i buy viagra in the uk
    viagra for sale uk only
    online pharmacy buy viagra

    DanielRoN Thursday, 12 October 2017 02:59 Comment Link
  • Kerrybem

    precio viagra 25 mg receta
    viagra australia
    viagra in usa online
    viagra coupons 75 off
    buy viagra cheap online uk

    Kerrybem Tuesday, 10 October 2017 15:38 Comment Link
  • Julioinipt

    generic viagra available canada
    Generic Viagra
    cheap viagra 100mg
    Viagra Pills
    there difference between viagra generic viagra

    Julioinipt Tuesday, 10 October 2017 01:51 Comment Link
  • AllanAlogy

    el generico del viagra
    legal to order viagra online
    viagra online safely
    viagra buy japan
    different kinds of viagra pills

    AllanAlogy Tuesday, 03 October 2017 01:11 Comment Link
  • StevenLab

    cialis levitra viagra price
    buy real viagra online
    genericos de viagra y cialis
    viagra sale sa
    what is a cheaper alternative to viagra

    StevenLab Saturday, 30 September 2017 20:50 Comment Link

Leave a comment

Make sure you enter the (*) required information where indicated.Basic HTML code is allowed.

Latest News

Ethiopia to Host the 4th International Coffee Conference

Ethiopia to Host the 4th International Coffee Conference

Ethiopia is set to host the 4th International Coffee Conference from March 6 – 8, 2016 in Addis Ababa at the United Nations Conference Center. Previous conferences were held  in England in 2001, Brazil in 2005 and Guatemala in 2010. Read more

Tweets


ሰበር ዜና ብሄራዊ ባንክ ከነገ ጀምሮ የብር ምንዛሪ ተመንን በ15% እንዲገሽብ ውሳኔ አስተላለፈ፡፡ በተጨማሪም የገንዘብ ማስቀመጫ ወለድን ከ5% ወደ 7% ከፍ እንዲል ውሳኔ... https://t.co/fab8ZVRMVa

Breaking News National Bank of Ethiopia will depreciate the exchange rate of birr against a basket of foreign... https://t.co/1JPgVHEv1E
Follow EBR News on Twitter

Most Popular

  • 1
  • 2
Prev Next

The White-Box of Ethiopian Agriculture

The agricultural sector remains our Achilles heel, nonetheless, we remain convinced that agricultural-based development remains the only source of hope ...

Read more

For Whoever Has, to Him Shall be Given …

As the Ethiopian government seeks to transform the economy into one that’s rooted in manufacturing, the simplicity for local investors to access finance...

Read more

Commentary

  • 1
  • 2
  • 3
Prev Next

Shooting in the Dark: The Anomalies of Headhunting

The war for ‘heads’ – also known as talent – has been raging for many years and the manner headhunters ‘poach’ people is getting tougher ...

Read more

Understanding Chinese Investment in Ethiopia A Critical Evaluation of the World Bank’s “Chinese FDI in Ethiopia” Survey

The World Bank country office in Ethiopia, apparently in response to the request by the government of Ethiopia, has conducted a survey of...

Read more

Mitigating Growing Income Inequality: What Needs to Be Done

Rising income and wealth inequality in many countries around the world has been a long-term trend for three decades or more. But the atte...

Read more

View Point

  • 1
  • 2
  • 3
Prev Next

Delivering Life Insurance: The Untapped Market in Ethiopia

Modern insurance transaction in Ethiopia was started by an Egyptian Bank in 1905. According to Ethiopian Chamber of Commerce there were 19, 33 and 40 insuran...

Read more

Headache When a Key Personnel leaves a Company in the Financial Sector

The financial sector in Ethiopia has undergone considerable changes in recent decades. The dramatic rise of new market players into the sector has vividly al...

Read more

Women and the World Economy

In many countries, public debate about gender equality focuses mainly on women’s access to top positions and high-powered career opportunities. But the “glas...

Read more