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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]
After an initial rebound from the 2009 world economic crisis, Africa's economy was undermined in the year 2011 by the Arab uprisings. The continent's growth fell back from 5% in 2010 to 3.4% in 2011. With the recovery of North African economies and sustained improvement in other regions, growth across the continent is expected to accelerate to ...
This is a list of the African nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). Figures are given in international dollars according to the International Monetary Fund.
At the bottom of the list, South Africa had a growth rate of 0.1% while Equatorial Guinea’s economy had receded with a rate of -1.8%. World Bank estimates for 2022 presented a different picture, with Niger leading economic growth at 11.5%, South Sudan receding at a rate of -10.8% and the continent as a whole seeing an average of 4.2% growth. [3]
Production of some products is highly concentrated in a few countries, China, the leading producer of wheat and ramie in 2013, produces 95% of the world's ramie fiber but only 17% of the world's wheat. Products with more evenly distributed production see more frequent changes in the ranking of the top producers.
20.8 million tons of cassava (4th largest producer in the world, second only to Nigeria, Thailand and Congo); 7.8 million tonnes of yam (2nd largest producer in the world, second only to Nigeria); 4.1 million tons of plantain (2nd largest producer in the world, just behind Congo); 2.6 million tons of palm oil (8th largest producer in the world);
For example, in 2018, agriculture, forestry, and fishing comprised more than 15% of GDP in sub-Saharan Africa [4] but less than 1% of GDP in North America. [ 5 ] In developed countries the primary sector has become more technologically advanced, enabling for example the mechanization of farming, as compared with lower-tech methods [ a ] in ...
3.8 million tons of sweet potato (4th largest producer in the world, second only to China, Malawi and Nigeria); 3.4 million tons of banana (10th largest producer in the world, 13th adding plantain production); 3 million tons of rice; 3 million tons of sugarcane; 1.7 million tons of potato; 1.2 million tons of beans (6th largest producer in the ...