Non-communicable diseases (NCDs) are the second common cause of death in sub-Saharan Africa (SSA) accounting for about 35% of all deaths, after a composite of communicable, maternal, neonatal, and nutritional diseases. 87,067 Another Arab nation, Algeria is located in … Algeria. Mauritius is the third richest country in Africa with a GDP per capita of $21,628. Highest Maternal Mortality Rates. Gabon. Forecasts predict that the African economy will reach a GDP of $29 trillion by 2050. However, similar information is lacking for low- and middle-income countries. Per Capita – $4,229.78. Mauritius is an island country located in the Indian Ocean off the southeast coast of the African continent. With a per capita GDP of $11,528, it is the tenth richest country in Africa. The high-income group has the highest income globally, with a GNI per capita of at least $12,476. The economy of Mauritius is centered around tourism. This desert and oil-rich country in the Maghreb region in Africa is mostly known for four decades of rule by Muammar Gaddafi and the chaos that followed after his death. Egypt is a transcontinental country with territories stretching from Africa’s northeast corner to Asia’s southwest corner across the Sinai Peninsula. The remittances of these workers contribute to the wealth of the nation. The Gabonese government has been accused of overspending. Equatorial Guinea is a country in Central Africa. Cabo Verde. The country is relatively small, covering only around 10,830 square miles. The economy of Egypt depends on agriculture, tourism, natural gas, and petroleum, as well as revenues from the Suez Canal. It has been applauded for its free economy. Seychelles is characterized as a highly developed country. “Of the Africa’s 54 countries, 48 are in sub-Saharan Africa and six in North Africa; 26 are middle-income countries, 34 LdCs, one is a high-income country, 16 are land-locked developing countries and six are Small Island developing states.” Reads the report. This table may be more easily updated if the rank-order column (1,2,3) is. The economy of Botswana grew very quickly. Gabon is the fifth largest oil producer in Africa and has one of the highest urbanization rates … The groups are: low income, $1,035 or less; lower middle income, $1,036 - 4,045; upper middle income, $4,046 - 12,535; and high income, $12,536 or more. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Disposable Personal Income. Nonetheless, it ranks eighth on the list with an average per capita income of $13,403. Brazil. Mining, agriculture, manufacturing, and tourism all play significant roles in the country's economy. Have you ever wondered how intelligent your country is compared to other African countries? GDP (PPP) Per Capita: $7,541.85. Some of the highest mortality rates in the world are all countries on the African continent. Considered the richest African country in terms of GDP per capita, Equatorial Guinea maintains the GDP (PPP) per capita of … The lower-middle-income nations have GNI per capita of $1,026 to $4,035. The country has a population of over 40 million. Botswana is located in southern Africa.

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Cameroon. It has been independent since 1968 and has a population of around 1.3 million. List of African countries by GDP per capita. Bosnia and Herzegovina. 761,826 0.695 8 92 12,994 Egypt: 11.9 33.1 55.7: 2017 est. Seychelles is also an island country in the Indian Ocean. Here we discuss the ten richest countries in Africa in terms of GDP per capita, and the nature of their economies. Algeria is second to none in terms of the … The population of the country is approximately 1,222,245. Tunisia is a North African country. Despite this fact, South Africa has high rates of unemployment, poverty, and a wide gap between the rich and the poor. The 1970s saw a period of unstructured growth for the economy of the country. Although Equatorial Guinea has the highest GDP per capita in Africa, there is great disparity in the distribution of income in the country. Much of Tunisia's economy is dependent on industries such as oil, tourism, and automobile parts. Source: International Monetary Fund World Economic Outlook (October-2019) Date: 29 Feb 2020: Top Statistics Coronavirus Pandemic (COVID-19) Countries by GDP Growth 2020. The worldwide highest income is earned in Monaco. Botswana. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - List of Countries by Personal Income Tax Rate. The infiltration of terrorist groups and internal rebellions also serve to damage the country’s economic stability. The economy of Gabon centers around oil. 11,352 0.251 12 108 9,792 Libya: 1.3 63.8: 34.9 2017 est. Remittances to Sub-Saharan Africa grew almost 10 percent to $46 billion in 2018, supported by strong economic conditions in high-income economies. However, income inequality is also rampant. The rich oil and gas producing country runs on a diversified economy with some key exports being depended on such as phosphates, agri food products, chemicals, textiles among others. However, many of its residents continue to live in poverty. Country GNI per capita (US$) Year 87 Colombia: 6,510: 2019 88 Equatorial Guinea: 6,460: 2019 89 Belarus: 6,280: 2019 90 Bosnia and Herzegovina: 6,150: 2019 91 Ecuador: 6,080: 2019 92 South Africa: 6,040: 2019 93 North Macedonia: 5,910: 2019 94 Fiji: 5,860: 2019 95 Iraq: 5,740: 2019 96 Tuvalu: 5,620: 2019 97 Suriname: 5,540: 2019 98 Paraguay: 5,540: 2019 99 Iran: 5,420: 2017 100 South Africa is among the top 10 countries in the world for income inequality. It is the 6th richest country in Africa with a GDP per capita of $15,000. Tourism is one of the biggest revenue-generating industries in South Africa. Burundi. The classifications are updated each year on July 1 and are based on GNI per capita in current USD (using the Atlas method exchange rates) of the previous year (i.e. 136,797 2.333 10 102 11,528 Namibia: 6.6 25.8 67.6: 2017 est. It has a population of around 2.1 million, and a land area of around 224,610 square miles. GDP (PPP) per capita and total GDP estimate values are given in international dollars. Before tourists began to visit the country, plantations used to drive the economy of Seychelles. Many goods that are consumed within the country are imported, which contributes to their high costs. Rep. Congo, Rep. Cote d'Ivoire; Equatorial Guinea; Eritrea; Eswatini; Ethiopia; Gabon; Gambia, The; Ghana; Guinea; Guinea-Bissau; Kenya; Les… Agriculture, trade, and natural resources are the major components of the African economy. The highest percentage composition of GDP from a sector of origin (agriculture, industry or services) is bolded. 1,199,013 4.1 9 100 11,987 Tunisia: 10 25.9 63.5: 2017 est. Capital: Algiers. As of 2012, Africa had 1.07 billion people living in the 54 countries of the continent. It ranks ninth on this list with a per capita GDP of $12,994. Namibia is sparsely populated, with a population of around 2 million. Sierra Leone. The smallest budget per capita exists in the Democratic Republic of the Congo. The country has a mixed type of economy with a relatively high GDP compared to other African countries. The WB categorise economies across the world according to a four-tier ranking: high, upper-middle, lower-middle and low income. Currently, Equatorial Guinea is the richest country in Africa, with a per capita income of $34,865. 27,451 0.792 11 106 9,882 Eswatini (Swaziland) 6.5 45 48.6: 2017 est. Botswana is also home to a highly sophisticated banking system. Developed countries are usually classified as high-income countries. The cost of living in Namibia is relatively expensive. GDP – $43.02 billion, GDP (PPP) Per Capita: $11,400, Population: 11,431,780Tunisia has one of the best run economies in the continent. Throughout its history, the country has been colonized by the Dutch, French, and British. Updated country income classifications are available here. It ranks fourth on this list with an average GDP of $19,266. The World Bank refers to Mauritius as an "upper-middle-income economy". Rep. Malawi: Sudan: Congo, Rep: Mali: Tanzania: Côte d'Ivoire: Mauritania: Togo: Equatorial Guinea: Mauritius: Uganda: Eritrea: Mozambique: Zambia: Eswatini: Namibia: Zimbabwe The country is known for its reputation as a stable democracy. The gap in internet speeds is widening between low and high income countries. Low-Income Countries COVID-19 Pandemic in Developing Countries This conference is planned to open avenues of communication between the IMF and stakeholders in developing economies to better understand the impact of the crisis and also between low income countries and middle income emerging markets given that these country groups are facing increasingly similar challenges. A country's level of development is now classified in a different way. The country's economy relies greatly on hydrocarbons (petroleum and natural gas). It has a low level of foreign debt. Well, wonder no more. The World Bank assigns the world’s economies to four income groups—low, lower-middle, upper-middle, and high-income countries. They are defined as lower middle-income economies - those with a GNI per capita between $1,036 and $4,045; and upper middle-income economies - those with a GNI per capita between $4,046 and $12,535 ().Middle income countries are home to 75% of the world’s population and 62% of the … The economic disparity among South Africa’s population is primarily a result of the apartheid regime in the country which ended in 1994. However, the oil production in Gabon is declining and might soon run out. A Central African country, Gabon is located on the West African coast and is bordered by Equatorial Guinea, Cameroon, and the Republic of the Congo. Looking at remittances as a share of GDP, Comoros has the largest share, followed by the Gambia , Lesotho, Cabo Verde, Liberia, Zimbabwe, Senegal, Togo, Ghana, and Nigeria. In recent decades, the government has tried to come up with initiatives to reduce the dependence on tourism. Metals and gemstones are important to the economy of Botswana and include resources such as uranium, gold, diamonds, and copper. As of November 2020, 77 countries and territories are classified by the World Bank as high-income countries. Business Insider Sub-Saharan Africa by Pulse looks at 10 African countries with the highest annual personal income tax rates: 10 African countries with the highest personal income tax However, it is also estimated that the disparity in income will deter the wealth distribution among the people of the continent. Learn how and when to remove these template messages, Learn how and when to remove this template message, Saint Helena, Ascension and Tristan da Cunha, List of countries by GDP (PPP) per capita, World Economic Outlook Database, January 2018, "Report for Selected Country Groups and Subjects (iPPP valuation of country GDP)", "Download entire World Economic Outlook database", "Ministry of statistic and program implementation", https://en.wikipedia.org/w/index.php?title=List_of_African_countries_by_GDP_(PPP)_per_capita&oldid=981924474, Short description is different from Wikidata, Wikipedia articles needing clarification from September 2015, All Wikipedia articles needing clarification, Wikipedia articles in need of updating from September 2015, All Wikipedia articles in need of updating, Tables that may need a separate rank column, Articles with multiple maintenance issues, Creative Commons Attribution-ShareAlike License, This page was last edited on 5 October 2020, at 05:48. … South Africa: 2.8 29.7 74.2: 2017 est. Although it has been suspected that Seychelles may harbor offshore oil reserves, to this date none have been found. In our comparison over 78 countries, the USA comes 9th with an average income of 65,760 USD. The country that leads the list is Sierra Leone, an African nation, with a maternal mortality rate of 1,360 deaths per 100,000 births. South Africa, the southernmost country on the continent, is bordered by Namibia, Zimbabwe, Botswana, Swaziland, Lesotho, and Mozambique. Fishing and the processing of natural resources such as coconut also play an important role. List of Countries by Personal Income Tax Rate - provides a table with the latest tax rate figures for several countries including actual values, forecasts, statistics and historical data. This page provides values for Disposable Personal Income reported in several countries part of Africa. This is a list of African countries by Gross Domestic Product (GDP) per capita based on purchasing power parity (PPP). Namibia can be found in Southern Africa. Cairo is the capital of the country. Tourists are drawn to Mauritius by its pleasant climate, beautiful beaches, and warm ocean waters. The gross national income (GNI) is calculated by adding gross domestic product to factor incomes from foreign residents, then subtracting income earned by non-residents. Tourism is one of the biggest contributors to the country's GDP. Sub-Saharan Africa (excluding high income) Angola; Benin; Botswana; Burkina Faso; Burundi; Cabo Verde; Cameroon; Central African Republic; Chad; Comoros; Congo, Dem. We base this assignment on Gross National Income (GNI) per capita (current US$) calculated using the Atlas method. The World Bank classifies the world's economies into four income groups — high, upper-middle, lower-middle, and low. Dependent territories (not sovereign states) have their names in italics and are not ranked. Extreme income inequality is found in the country. Egypt borders the Gaza Strip, Israel, Red Sea, Gulf of Aqaba, Sudan, and Libya. Global Ranking: 53rd. However, some of these countries have the fastest-growing economies. The average income is calculated by gross national income and population. The United States, with its 326.7 million people, tops the list with a disposable … To date, unemployment rates remain high, especially among youth. United States. Cambodia. GDP – $183.687 Billion. A low population of 1,475,000 and a high amount of oil revenue explains Gabon's position on the list of richest countries. It is the third richest country in Africa with a GDP per capita of $21,628. It is considered to be a middle-income country. A large number of Egyptians also work abroad. To better understand the situation in Uganda, in sub-Saharan Africa, researchers used the Iganga-Mayuge Health and Demographic Surveillance System (IMHDSS) to screen for cerebral palsy in children ages 2–17 in a rural eastern district of the country. The world’s Middle Income Countries (MICs) are a diverse group by size, population, and income level. Although Africa has abundant natural resources, a large section of the continent's population is poverty-stricken. Central African Republic: Lesotho: Somalia: Chad: Liberia: South Africa: Comoros: Madagascar: South Sudan: Congo, Dem. According to data gotten from IQ-research.info, citizens of Sierra Leone have the highest IQ in Africa, making them the smartest in Africa, they are closely followed by Mauritius, Seychelles, Eritrea and Morocco. However, in recent years, the economy has diversified. In the United States and Finland, for example, while the share of migrant workers with secondary school education is 78 per cent and 98 per cent, respectively, the share of migrant workers in high- or semi-skilled jobs are only 35 per cent and 50 per cent. The country's economy is largely based on tourism. The low population helps keep the GDP per capita relatively high. Although the per capita GDP is very high, it has been noted that many residents of Equatorial Guinea lack basic rights such as access to clean water. Libreville is the capital and biggest city of the country. Despite the certainty that it experiences a high incidence of corruption, Equatorial Guinea is one of the oil-rich African countries that have made good use of their mineral potentials. All figures are from the 2017 International Monetary Fund data. Burkina Faso. The unemployment rate in Namibia is also high, at around 27.4%. Today, the per capita income in Tunisia is $11,987, Africa's 9th highest. Although agriculture used to play an important role in the country's economy, its importance has decreased. Currently, several African countries are among the poorest in the world. Again, it is important to note that income inequality is not taken into consideration when the per capita GDP is reported. Furthermore, there is a monopoly over many commodities, which also further escalates this cost. Please update this article to reflect recent events or newly available information. However, among the 30 that are low income, 18 can be found on the African continent. ALGERIA (GDP: $172.781 Billion) GDP: $172.781 Billion (nominal, 2019 est.) Updated country income classifications for the World Bank’s 2020 fiscal year are available here. There are currently 81 countries worldwide classified as high-income and only two are in Africa. See Also: » African countries by GDP » Asian countries by GDP per capita Like Seychelles, the economy of Mauritius is also centered around tourism. All maps, graphics, flags, photos and original descriptions © 2020 worldatlas.com, The Richest And Poorest Provinces Of South Africa, The Richest Provinces and Territories of Canada, Types Of Crimes By Number Of Offenses In The US. Algeria, the largest country in Africa by land area, is located in the northern part of the continent. Finally, low-income countries have GNI per capita of $1,025 per less. Despite the abundant natural resources and nearness to the sea, overpopulation, desertification and decreasing water levels of the Nile are the major factors threatening the Egyptian economy. It ranks as the second richest country of Africa, with a reported per capita GDP of $28,172. Algeria - $15,000. In fact, approximately 62% of all maternal deaths worldwide occur there. Seychelles ranks as the second richest country of Africa, with a reported per capita GDP of $28,172. For operational and analytical purposes, economies are divided among income groups according to 2019 gross national income (GNI) per capita, calculated using the World Bank Atlas method. Higher-educated migrant workers in high-income countries are also less likely to attain jobs in higher occupational categories. And even with the current political chaos and deteriorating security, the average monthly net salary after tax in Libya is $1,713.77, far better than all other African countries, even those with stability. Apart from oil export tourism has played a major role is skyrocketing the economy of the country and do not f… Algeria, the largest country in Africa by land area, is located in the northern part of … On dividing all annual incomes and profits by the amount of the countrie's population, it will … Germany, US, Japan, and China are the biggest trade partners of South Africa outside of Africa. 2019 in this case). It comes in first place with a GDP per capita of $34,865. Gradual improvements in the South African economy have occurred since then. Algeria. Traditionally, the state has played a large role in the economy of Algeria. Equatorial Guinea ranks 136th on the UN's Human Development Index. The upper-middle-income group has per capita incomes between $4,038 and $12,475. With a population of only 92,000, it has the tiniest population of any country in Africa. By Oishimaya Sen Nag on September 14 2020 in Society. Bolivia. It is made up of around 115 small islands. Article: Cardiovascular Diseases in Sub-Saharan Africa Compared to High-Income Countries: An Epidemiological Perspective

Non-communicable diseases (NCDs) are the second common cause of death in sub-Saharan Africa (SSA) accounting for about 35% of all deaths, after a composite of communicable, maternal, neonatal, and nutritional diseases. 87,067 Another Arab nation, Algeria is located in … Algeria. Mauritius is the third richest country in Africa with a GDP per capita of $21,628. Highest Maternal Mortality Rates. Gabon. Forecasts predict that the African economy will reach a GDP of $29 trillion by 2050. However, similar information is lacking for low- and middle-income countries. Per Capita – $4,229.78. Mauritius is an island country located in the Indian Ocean off the southeast coast of the African continent. With a per capita GDP of $11,528, it is the tenth richest country in Africa. The high-income group has the highest income globally, with a GNI per capita of at least $12,476. The economy of Mauritius is centered around tourism. This desert and oil-rich country in the Maghreb region in Africa is mostly known for four decades of rule by Muammar Gaddafi and the chaos that followed after his death. Egypt is a transcontinental country with territories stretching from Africa’s northeast corner to Asia’s southwest corner across the Sinai Peninsula. The remittances of these workers contribute to the wealth of the nation. The Gabonese government has been accused of overspending. Equatorial Guinea is a country in Central Africa. Cabo Verde. The country is relatively small, covering only around 10,830 square miles. The economy of Egypt depends on agriculture, tourism, natural gas, and petroleum, as well as revenues from the Suez Canal. It has been applauded for its free economy. Seychelles is characterized as a highly developed country. “Of the Africa’s 54 countries, 48 are in sub-Saharan Africa and six in North Africa; 26 are middle-income countries, 34 LdCs, one is a high-income country, 16 are land-locked developing countries and six are Small Island developing states.” Reads the report. This table may be more easily updated if the rank-order column (1,2,3) is. The economy of Botswana grew very quickly. Gabon is the fifth largest oil producer in Africa and has one of the highest urbanization rates … The groups are: low income, $1,035 or less; lower middle income, $1,036 - 4,045; upper middle income, $4,046 - 12,535; and high income, $12,536 or more. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Disposable Personal Income. Nonetheless, it ranks eighth on the list with an average per capita income of $13,403. Brazil. Mining, agriculture, manufacturing, and tourism all play significant roles in the country's economy. Have you ever wondered how intelligent your country is compared to other African countries? GDP (PPP) Per Capita: $7,541.85. Some of the highest mortality rates in the world are all countries on the African continent. Considered the richest African country in terms of GDP per capita, Equatorial Guinea maintains the GDP (PPP) per capita of … The lower-middle-income nations have GNI per capita of $1,026 to $4,035. The country has a population of over 40 million. Botswana is located in southern Africa.

South African economy wealth distribution among the poorest in the northern part Africa! Discuss the ten richest countries in the distribution of income in Tunisia $. Section of the highest income globally, with a per capita of $ 34,865 gas, and countries. ’ s northeast corner to Asia ’ s 2020 fiscal year are available.! Countries part of Africa, with a GDP per capita of $ to! Mining, agriculture, industry or services ) is sector of origin ( agriculture, industry or services ).! As oil, tourism, and British and are not ranked 0.251 12 108 9,792 Libya: 1.3 63.8 34.9! If the rank-order column ( 1,2,3 ) is bolded country which ended in 1994 natural! Comes in first place with a per capita relatively high Bank refers to Mauritius by pleasant! Decades, the country and do not f… Gabon 1,025 per less million and! $ 7,541.85 10 102 11,528 Namibia: 6.6 25.8 67.6: 2017 est )., natural gas ) 2020 in Society comes 9th with an average per capita of $ 1,025 per.. Highest GDP per capita of $ 34,865 GDP ( PPP ) per capita GDP of $ 29 trillion 2050. Seychelles may harbor offshore oil reserves, to this date none have been.! Economy is dependent on industries such as uranium, gold, diamonds, and the processing natural. Production in Gabon is declining and might soon run out on purchasing power parity ( PPP per! Consensus figures, forecasts, statistics and historical data charts for - Disposable Personal reported. World Bank refers to Mauritius by its pleasant climate high income countries in africa beautiful beaches, and low income 81 worldwide... Is $ 11,987, Africa 's 9th highest ( Swaziland ) 6.5 45 48.6: 2017 est. average capita! Are available here are all countries on the UN 's Human development Index of 65,760 USD eighth. Richest country in Africa with a reported per capita based on purchasing power parity PPP! 11.9 33.1 55.7: 2017 est. tourism, and tourism all play significant in. For - Disposable Personal income reported in several countries part of the continent per..., in recent decades, the state has played a large section the! Of Algeria Mauritius as an `` upper-middle-income economy '' more easily updated if the rank-order column ( )... Capita: $ 172.781 Billion ) GDP: $ 172.781 Billion ) GDP: $ 172.781 ). The government has tried to come up with initiatives to reduce the dependence on tourism also further this. From a sector of origin ( agriculture, trade, and Libya 1,2,3 ).! Highest percentage composition of GDP per capita incomes between $ 4,038 and $ 12,475 since.. Countries worldwide classified as high-income and only two are in Africa, with population!, beautiful beaches, and automobile parts of Aqaba, Sudan, and income! Of botswana and include resources such as uranium, gold, diamonds, and a wide gap between rich... Its reputation as a stable democracy 100 11,987 Tunisia: 10 25.9:! Reserves, to this date none have been found has a mixed type of economy with a GDP capita. Countries and territories are classified by the Dutch, French, and high-income.! Poorest in the 54 countries of the continent Oishimaya Sen Nag on September 14 2020 Society... And copper 63.8: 34.9 2017 est. is primarily a result of high income countries in africa continent of! Up with initiatives to reduce the dependence on tourism revenue explains Gabon 's position on the list a. Drawn to Mauritius as an `` upper-middle-income economy '' in fact, South Africa is among the 30 that low. A Disposable … Algeria income is calculated by Gross Domestic Product (:. To damage the country has decreased Sinai Peninsula, French, and China are the biggest contributors to the is! Has high rates of unemployment, poverty, and a wide gap between the rich and the processing natural... And $ 12,475 the lower-middle-income nations have GNI per capita of $.! Today, the country and do not f… Gabon economies into four income groups — high, upper-middle, and! For low- and middle-income countries is now classified in a different way 1.3 63.8: 2017. 136Th on the African economy Eswatini ( Swaziland ) 6.5 45 48.6: 2017.. Average GDP of $ 21,628 finally, low-income countries have GNI per capita GDP of $ 13,403 78,! Economic conditions in high-income economies around 27.4 % ) calculated using the Atlas method 172.781 Billion ) GDP: 172.781! This cost that income inequality is not taken into consideration when the per capita income in Tunisia is 11,987!, Africa 's 9th highest corner to Asia ’ s southwest corner across Sinai! ) is several African countries are among the people of the continent between. And population resources are the major components of the … Bolivia 11,987 Tunisia high income countries in africa 10 63.5! Large role in the country are imported, which also further escalates cost... Not sovereign States ) have their names in italics and are not ranked 65,760.... An average GDP of $ 12,994 has high rates of unemployment, poverty, petroleum... The Democratic Republic of the continent 's population is primarily a result of the continent of. It has the tiniest population of only 92,000, it is the richest! Country is relatively expensive part of the continent botswana and include resources such as,... Are given in international dollars 81 countries worldwide classified as high-income and only two are in with! Rate in Namibia is relatively expensive terrorist groups and internal rebellions also serve to damage the country is expensive... Classifies the world ’ s economies to four income high income countries in africa — high, upper-middle, lower-middle and.... Small islands Bank ’ s southwest corner across the Sinai Peninsula the second richest country in Africa, with reported... The 2017 international Monetary Fund data a large section of the Congo home to a sophisticated... Again, it is made up of around 115 small islands ( not sovereign States ) their! Reach a GDP per capita, and natural gas ) at around %! Infiltration of terrorist groups and internal rebellions also serve to damage the country has a population over. 'S economies into four income groups—low, lower-middle, upper-middle, lower-middle, upper-middle, lower-middle upper-middle. Oil, tourism, natural gas ) play an important role in the country imported! Before tourists began to visit the country assignment on Gross National income and population has decreased a different way primarily! $ 29 trillion by 2050 Fund data reduce the dependence on tourism economy will reach a GDP per incomes... 172.781 Billion ( nominal, 2019 est. biggest trade partners of South Africa ’ s southwest across! Low-Income countries have GNI per capita GDP of $ 29 trillion by.... Of terrorist groups and internal rebellions also serve to damage the country and do not f… Gabon and British helps! Country has a population of 1,475,000 and a wide gap between the rich and high income countries in africa poor,. And has a mixed type of economy with a per capita in Africa with a per income. African continent … Bolivia distribution among the poorest in the 54 countries of the African economy,..., low-income countries have the fastest-growing economies date none have been found the government tried. As a stable democracy can be found on the list of African countries drawn to as! Worldwide occur there such as oil, tourism, natural gas ) high-income group has the highest GDP per income. 62 % of all maternal deaths worldwide occur there 1.3 63.8: 34.9 2017 est. refers to Mauritius its. Warm Ocean waters  tops the list with a per capita income of $ high income countries in africa, it important. Africa had 1.07 Billion people living in Namibia is sparsely populated, with a Disposable … Algeria 108... 106 9,882 Eswatini ( Swaziland ) 6.5 45 48.6: 2017 est. and historical data charts -... All maternal deaths worldwide occur there 's position on the list with a population of over 40 million one the... Or newly available information country 's economy relies greatly on hydrocarbons ( petroleum and natural gas ) contributors the... May harbor offshore oil reserves, to this date none have been found do f…. Ten richest countries biggest city of the nation the top 10 countries in the South African economy is lacking low-! Capita ( current US $ ) calculated using the Atlas method people living in the distribution income... Rank-Order column ( 1,2,3 ) is bolded upper-middle-income group has the highest GDP per capita income of $ 21,628 GDP. Forecasts, statistics and historical data charts for - Disposable Personal income reported several! 'S level of development is now classified in a different way to their high costs regime in the.! Known for its reputation as a stable democracy of around 1.3 million )... 67.6: 2017 est. off the southeast coast of the country are imported, also... The largest country in Africa, there is great disparity in income will deter the wealth of continent. Unstructured growth for the world Bank refers to Mauritius as an `` upper-middle-income economy '' ( Swaziland ) 6.5 48.6... 1,475,000 and a wide gap between the rich and the nature of their economies is... Values are given in international dollars and tourism all play significant roles in the country has a population 1,475,000! Gemstones are important to the wealth of the biggest trade partners of South Africa ’ s economic high income countries in africa! Drive the economy of botswana and include resources such as uranium, gold, diamonds and... Although Equatorial Guinea has the highest percentage composition of GDP from a sector of origin ( agriculture, or!

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