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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 ]
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 ...
On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. The following lists summarise the GDP (nominal) of each continent by adding GDP (nominal) of each nation as per the seven-continent model, sorted by USD. The first list includes 2024 data estimates n1 for members of the International Monetary Fund.
This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person taking into account the changing population of the country. List of countries by GNI per capita growth measures changes in gross national income per capita.
Fiscal stimulus packages in African countries through to mid-2020 amounted to roughly 1–2% of GDP, with monetary stimulus amounting to about 2% of GDP. This is close to the IMF's global average for low-income developing nations, which is around 2% of 2020 GDP over a one-year period from the start of the COVID-19 pandemic. At the same time ...
2024 Sudan: 197.550: 4,441.51: 2020 ... Economy of Africa; References This page was last edited on 10 November 2024, at 06:32 ...
In 2025, the sector is expected to generate $7.6 billion in revenue [128], with a projected compound annual growth rate of approximately 8.1% between 2024 and 2030. This positions Egypt as a key player in Africa’s expanding beauty industry, which is expected to reach nearly $70 billion in revenue by 2025.
[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.