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Economic growth in the early 2020s According to 2024 estimates by the African Development Bank Group, African countries are projected to account for more than half of the world fastest growing economies; in particular, Niger, Senegal, Libya and Rwanda are expected to grow at the fastest rate of over 7% per year. Estimates of Real Gross Domestic Product (GDP) growth rate in 2023 show that most ...
The economy of Africa consists ... pre-pandemic levels until at least 2024, with growth of barely 1% per year in 2022 and 2023. ... for only 11% of Africa's total ...
Countries in Africa are sorted according to data from the International Monetary Fund. [1] 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 exchange rates of the country's currency . [ 2 ]
2024 South Africa: 993.745: 15,361.30: 2024 ... Economy of Africa; References This page was last edited on 10 November 2024, at 06:32 (UTC). Text is ...
The region has also seen rapid growth in tourism with Tanzania and Kenya pioneering tourism due to safari parks. Nairobi and Addis Ababa are the main financial hubs in East Africa. [5] Ethiopia and Kenya account for 55% of East Africa's GDP. East Africa accounts for 18% of Africa's GDP.
GDP (PPP) means gross domestic product based on purchasing power parity.This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
Public debt % of GDP Private debt % of GDP External debt, billion $ GDP, billion $ Total debt, billion $ Money supply, billion $ Northern Africa: Algeria: 51.3 5.2 193.6 186.8 Northern Africa Egypt: 89.84 131.6 435.6 365.9 Northern Africa Libya: 48.8 83.5 Northern Africa Morocco: 76.4 65.7 133.1 181.4 Northern Africa Sudan: 270.4 23.0 31.5 10.0