Which Country Has Highest Gdp Per Capita In Africa

Which Country Has Highest Gdp Per Capita In Africa GDP per capita is an evolution of this metric and is obtained by dividing a country s GDP by its population The value that results from this calculation is the country s GDP per capita The GDP per capita varies drastically from one country to the next

When looking at the GDP growth rate in Africa in 2021 Libya had the largest estimated growth by 131 percent compared to the previous year a decline of 66 7 percent Kenya and Botswana Many of the leading GDP per capita nominal jurisdictions are tax havens whose economic data is artificially inflated by tax driven corporate accounting entries For instance the Irish GDP data above is subject to material distortion by the tax planning activities of foreign multinationals in Ireland

Which Country Has Highest Gdp Per Capita In Africa

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Which Country Has Highest Gdp Per Capita In Africa
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China GDP In 2020 By Province Vivid Maps
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Top 20 Lowest GDP Countries 2016 Statista
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Gross domestic product GDP is the market value of all final goods and services from a nation in a given year Countries in Africa are sorted according to data from the International Monetary Fund The figures presented here do not take into account differences in the cost of living in different countries and the results can vary greatly from one year to another based on fluctuations in the To learn more about cookies GDP per capita current US Africa from The World Bank Data

The table below lists countries in the world ranked by GDP at Purchasing Power Parity PPP per capita along with the Nominal GDP per capita PPP takes into account the relative cost of living rather than using only exchange rates therefore providing a more accurate picture of the real differences in income See also GDP by Country 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

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Asia Africa Australia G20 This page displays a table with actual values consensus figures forecasts statistics and historical data charts for GDP per capita This page provides values for GDP per capita reported in several countries part of Africa African Countries With the Highest GDP per Capita IMF by Anna Fleck Aug 31 2023 With a GDP per capita of 19 470 in 2022 Seychelles is Africa s most prosperous nation

Seychelles At 9 670 this island nation currently has the highest GDP per capita in Africa Mauritius The second position is occupied by yet another island African country Saifaddin Galal Sep 22 2023 Nigeria s GDP amounted to nearly 477 4 billion U S dollars in 2022 the highest in Africa To follow South Africa s GDP was worth 405 7 billion U S

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Which Country Has Highest Gdp Per Capita In Africa - Ranked by GDP in current USD Nigeria comes out as the richest country in Africa during the year 2021 Nigeria is the most populous country in Africa with 211 million residents nearly twice the population of Egypt contributing to its GDP Nigeria is a lower middle income mixed economy focused upon petroleum and to a lesser extent agriculture