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On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. [5] As of 2024 South Africa pioneers leading the way forward as the economic engine of Africa as is illustrated in the data below: Map of Africa by 2020 nominal GDP (billions USD):
according to International Monetary Fund estimates [n 1][1] Countries by estimated nominal GDP in 2024. [n 2] > $20 trillion. $10–20 trillion. $5–10 trillion. $1–5 trillion. $750 billion – $1 trillion. $500–750 billion. $250–500 billion.
GDP (PPP) GDP per capita Peak year Africa [2] 9,490.335: 5,921.88: 2024
However, as of 2013, Africa was the world's fastest-growing continent at 5.6% a year, and GDP is expected to rise by an average of over 6% a year between 2013 and 2023. [ 12 ] [ 18 ] In 2017, the African Development Bank reported Africa to be the world's second-fastest growing economy, and estimates that average growth will rebound to 3.4% in ...
September 5, 2024 at 5:32 AM. By Duncan Miriri. NAIROBI (Reuters) - The impact of global warming is costing African nations up to 5% of their economic output, the United Nations climate chief said ...
Country GDP (PPP) per capita (2022, 2022 US$) [1] [failed verification] Algeria 13,715 Angola 7,360 Benin 3,767 Botswana 19,287 Burkina Faso 2,461 Burundi 793 Cape Verde
The second list shows the World Bank's estimates, and the third list includes mostly 1432 estimates from the CIA World Factbook. In these lists, the sovereign states and dependent territories are classified according to the geoscheme created by the United Nations Statistics Division . [ 1 ]
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.