What percentage of world GDP is Africa?
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….Economy of Africa.
| Statistics | |
|---|---|
| GDP growth | 3.7% |
| GDP per capita | $1,970 (2020; 6th) |
| Millionaires (US$) | 140,000 (0.011%) |
| Unemployment | 15% |
What is the total GDP of Africa?
$2.42 trillion
Its gross domestic product – the total value of goods and services produced in a country during one year – is $2.42 trillion. Getting an accurate figure for the GDP of the 1.2 billion people in Africa’s 55 recognised states is considerably more difficult.
What was the GDP in 2012?
$600.3 billion
Current-dollar GDP increased 4.0 percent, or $600.3 billion, in 2012, compared with an increase of 4.0 percent, or $576.8 billion, in 2011.
What is the GDP of African countries?
List of African countries by GDP (nominal)
| Rank | Country | Nominal GDP ($ billions) |
|---|---|---|
| 1 | Nigeria | 466.88 |
| 2 | Egypt | 374.89 |
| 3 | South Africa | 317.19 |
| EAC | 220.640 |
Which country in Africa has highest GDP?
Nigeria’s
Nigeria’s GDP amounted to 443 billion U.S. dollars in 2020 and records the highest gross domestic product in Africa. Egypt’s GDP was worth 362 billion U.S. dollars and ranks as the second-highest on the continent.
What is the richest country in Africa 2020?
Total private wealth in Africa as of 2020, by country (in billion U.S. dollars)
| Characteristic | Wealth in billion U.S. dollars |
|---|---|
| South Africa | 604 |
| Egypt | 282 |
| Nigeria | 207 |
| Morocco | 111 |
What was the GDP in 2001?
$332.7 billion
Current-dollar GDP increased 3.4 percent, or $332.7 billion, in 2001. Current-dollar GDP increased 6.5 percent, or $604.3 billion, in 2000. During 2001 (that is, measured from the fourth quarter of 2000 to the fourth quarter of 2001), real GDP increased 0.4 percent.
What was the GDP in 2007?
$648.3 billion
Current-dollar GDP increased 4.9 percent, or $648.3 billion, in 2007. Current-dollar GDP increased 6.1 percent, or $760.8 billion, in 2006. During 2007 (that is, measured from the fourth quarter of 2006 to the fourth quarter of 2007), real GDP increased 2.5 percent. Real GDP increased 2.6 percent during 2006.
Which African country has best economy?
TOP 10 RICHEST AFRICAN COUNTRIES IN 2020 RANKED BY GDP & PRIMARY EXPORTS
- 1 | NIGERIA – THE RICHEST COUNTRY IN AFRICA (GDP: $446.543 Billion)
- 2 | SOUTH AFRICA (GDP: $358.839 Billion)
- 3 | EGYPT (GDP: $302.256 Billion)
- 4 | ALGERIA (GDP: $172.781 Billion)
- 5 | MOROCCO (GDP: $119,04 Billion)
- 6 | KENYA (GDP: $99,246 Billion)
