Africa countries GDP
Many documentaries have been made, some of them regarding Africa as the poorest continent. However, it is worth noting that some progressing countries have made an impact on the world’s economy.
The following list has been prepared with regards to the countries’ Gross Domestic Product (Purchasing Power Parity) abbreviated as GDP/PPP.
Morocco makes it to our Africa’s richest countries as the number five. According to the International Monetary Fund(IMF) sources, Morocco has 7, 000 GDP (PPP) in its account while on the same note its total GDP is .7 billion. Morocco is one of the largest producers of phosphorus in the world, a reason why its economy has largely been influenced by the fluctuations of phosphates prices.
With an estimated GDP (PPP) of $268, 900 and $134.7 billion total GDP, Algeria is the fourth richest country in Africa. Thanks to the fossil fuels energy sector which stands as the backbone of Algeria’s economy. This area accounts for 95% of the country’s exports and an enticing 30% GDP. This country has a reserve of billions of barrels of oil.
Being among the top 20 exporters of goods to the US market, Nigeria bags the third richest country in Africa. It boasts of 4, 800 GDP (PPP) as well as the total GDP – 5.4 billion. This has been accelerated by the significant oil production in most of Nigeria’s towns and cities. Furthermore, its ever rising population has provided enough manpower for the economy.
2. South Africa
Not only is South Africa the second richest country in Africa, but is also ranked 25th in the world when it comes to GDP (PPP). South Africa is known to be the largest Africa’s energy producer while at the same time its largest consumer. As per the IMF, it has an estimated GDP (PPP) of 3, 900 and 7.3 billion total GDP. South Africa’s substantial income also comes from the tourism sector.
Egypt is arguably the richest country in Africa today. It has an overwhelmingly developed economy. Its GDP (PPP) of $467, 600 and total GDP of $187.9 billion makes it top the list of Africa’s richest countries. It has a well-developed energy market with activities such as oil, coal, natural gas, and hydro power among others. It remains an exporter to many countries.where is mondo from project runway when business is so good meme entrepreneur where to start how much product photography cost how much business tax will i pay where is technology which solution is basic from where to start business where system earthing is employed how much business cards cost who's teaching whom where science meets beauty where's waldo solutions where from your's teacher which technology is a proprietary siem system which system of equations is inconsistent differential equation whose solution is y cx c c 3 who owns defi solutions manager who lead how entrepreneur become successful why development of resources is necessary class 10 what solution is used for covid test where london is located in world map why startups fail pdf roadmap when do restaurants open when technology pushes the boundaries of art what technology does verizon use when business need to formalize the information what solutions can be used in a nebulizer which technology precedes horsemanship when business writers request information why london business school how much products are made in china what system is the liver in where technology meets business on start up synonym how frequently product releases should occur teaching where are you from what start up chemicals for hot tub which management style is best which engineering has highest salary where apple products are cheapest where to launch rockets near me who company makes rheem air conditioners who product catalogue how development happens where to equip horse armor botw how much engineering college in bangalore what teaching positions are in high demand what entrepreneur do what device is 8000x what project should i do when project management goes wrong where to go london where system32 which is the roadmap of nanotechnology in the philippines what determines development where from your's teacher how to buy a business location who's are whose whose father was socrates how much product to use skincare whose de how much equipment has lost who technical guidance where do production engineers work how many engineering schools in the us who buy products and who use product how far london to amsterdam where to buy shoes from manufacturer where is texas tech from how development happens who management of dehydration whose autonomous system number why engineering essay where manufacturing plant which engineering is best how often do you use acapella device what technology was used in ww2 when london underground built how much manager make how many startups make it how much phone 11 worm device who science is it how much technology is used in schools where to get technical description of lot who devised the subtreasury plan how much development length of steel reinforcement where is aiken product from why product design who london mayor how products are tested on animals how tech companies are valued how design a t shirt which london airport is closest to southampton what are the main design styles which company is worth the most when tech mahindra started where to go from london by train how manager can improve employee performance what solution does walter have why startup is important whose immune system is stronger which business degree is right for me when science fails how much product manager salary how many solutions does this system have how often technology changes which device is i'm a window an example of when business invest funds to expand what technology was made in 2020 what engineering pays the most who design the eiffel tower who system unit how often teachers get paid where an engineer works which project management software is best
Share this Post
African countries GDP per capita
OVER the last few decades, Africa’s failure to achieve rapid growth has puzzled economists. GDP statistics clearly show that…Read More
African countries GDP growth
Economic growth in Sub-Saharan Africa (SSA) continues to rise from 4.7 percent in 2013 to a forecasted 5.2 percent in 2014…Read More