The table below shows the GDP per capita of every African country in 2024.Search: CountryGDP Per Capita (2024) Seychelles $21,875 Mauritius $12,973 Gabon $9,308 Botswana $7,875 Libya $6,975 Equatorial Guinea $6
Description:The map below shows how GDP per capita (constant LCU) varies by country in Africa. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Somalia, with a value of...
Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big ...
Although economists use GDP per capita to compare the level of prosperity of populations worldwide, it does not take into account the income inequalities that can exist within a country. Based on the Gini index, for example, some African countries are among the most unequal on the planet in ...
GDP per capita: $1,213 Niger is a West-African country with substantial mineral endowments and an active agriculture sector. This country is landlocked and has neighbors Nigeria, Libya, Chad, Benin Republic, Burkina Faso, and Algeria. Much of the land is desert land, unsuitable for agriculture...
However, in the last 20 years of the previous century, GDP per capita on the African continent remained remarkably flat while most other emerging regions enjoyed substantial increases in prosperity and welfare. The picture today is a mixed one. Looking at the economic data in recent years we ...
The latest value for GDP per capita, PPP (constant 2011 international $) in South Africa was 12,666 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 14,066 in 2013 and 10,253 in 1993.Definition: GDP per capita based on purchasing power parity (...
Least populated country in africaSeychelles, With a population of 99,105 people in 2021 Poorest Countries in AfricaGDP per capita, PPPin 2020 Burundi ($771) Somalia ($875) Central African Republic ($980) Democratic Republic of the Congo ($1,131) ...
(MSMEs) sectors. GDP per capita in Africa is the lowest of any continent, and fintechs have adjusted to this by, for example, using scale to reduce the cost of serving customers, as M-Pesa has done, or changing the business model to pay-as-you-go for businesses that can’t afford ...
GDP per capitaThough there has been an increasing consensus on the benefits of trade liberalization, skepticism as to the effectiveness of the IMF and World Bank sponsored trade liberalization programs still exists. This study tries to analyze the impact of the abovementioned trade liberalization ...