TOP 10 RICHEST COUNTRIES IN AFRICA BY GDP 2020/21 - LARGEST ECONOMIES
Top 10 richest countries in Africa by GDP.
Largest African economies 2020
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Nominal GDP measures a country’sgross domestic product using current prices, without adjusting forinflation. Contrast this with real GDP, which measures a country’s economic output adjusted for the impact of inflation. While the two indices measure the same output, they are used for very different purposes: changes in value versus changes in volume.
Deeper definition
GDP is the core measure of a country’s economic health, totaling the monetary value of all goods and services produced in a given time period, minus the value of the goods and services used up in production. Businesses large and small rely on GDP for major planning decisions. For investors, GDP is a guide for estimating profit margins and making financial decisions. Economists use it to understand the economy and make forecasts.
Nominal GDP
Nominal economic statistics, also called current-dollar statistics, are not adjusted to account for the price changes from inflation and deflation. The natural rise and fall (mostly rise) of prices is captured by nominal GDP, which tracks the gradual increase of the value of an economy over time. If overall gross domestic product rises 2 percent in a year and inflation runs at 2 percent over the same period, nominal GDP will be +4 percent for that year.
Nominal GDP is the preferred figure for comparing GDP to other variables that also don’t adjust for inflation. For example, debt is always calculated and expressed as a nominal figure, so debt-to-GDP ratios are always based on nominal GDP. Because inflation is baked into nominal GDP figures, it can give an inaccurate view of growth.
source : Bankrate.com
BIG shout out to and Wikipedia
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Top 10 Richest Countries in Africa by GDP Per Capita #shorts #viral #shortsvideo #top10 #gdp #africa
In this video, we'll be exploring the top 10 richest countries in Africa based on their Gross Domestic Product (GDP) per capita. GDP per capita is a measure of a country's economic output that accounts for its population size, providing a more accurate picture of the average wealth of its citizens.
We'll be using the latest available data from the International Monetary Fund (IMF) to rank these countries based on their GDP per capita. From the thriving economy of Seychelles to the oil-rich nation of Equatorial Guinea, we'll be taking a closer look at what makes these countries the wealthiest in Africa.
We'll also explore some of the challenges these countries face, such as income inequality and political instability, and how they are working to overcome these obstacles.
So, if you're interested in learning more about the wealthiest countries in Africa and how they are driving economic growth and development on the continent, then this video is for you. Join us as we count down the top 10 richest countries in Africa by GDP per capita.
10 Richest Countries in Africa || Richest African Countries by GDP
In this video, we're going to take a look at the top 10 richest countries in Africa. These are countries that are doing extremely well economically, and if you're looking to invest in Africa then these are definitely the countries you want to target!
There are a lot of reasons why these countries are doing so well, from their strategic locations to their strong economic fundamentals. Soaring GDPs, burgeoning economies and stunning natural scenery – Africa is a continent filled with opportunity, and this video is your guide to riches on the continent. If you're interested in learning more about the top 10 richest countries in Africa, then be sure to watch this video!
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Now is the time to invest in these countries, as they are projected to be among the wealthiest in the world in the next few decades. Whether you're looking to retire early or just want to make some serious money, these are the 20 richest countries you need to watch!
Current Top 10 Richest Countries in Africa, you wont believe some countries that made the list.
Welcome to Know This About Africa, your ultimate source for in-depth insights into the economic landscape of the African continent. In this video, we embark on a fascinating journey through Africa's top 10 richest countries, revealing the economic powerhouses and major industries that drive their growth.
Africa, a continent brimming with diversity, natural resources, and a vast consumer market, has become an attractive hub for investment and business opportunities. Let's explore the economic prowess of these nations and the key industries propelling their GDP growth.
But before we dive in, make sure to hit that Like button, leave a comment sharing your thoughts, and don't forget to subscribe to our channel and turn on the notification bell for more exciting updates about Africa.
Top 20 Poorest Countries in Asia by GDP Per Capita #shorts #viral #shortsvideo #2050 #poor #top10
Top 20 Poorest Countries in Asia by GDP Per Capita in 2050
Have you ever wondered which are the poorest countries in Asia in terms of GDP per capita? In this video, we'll explore the 20 countries in Asia with the lowest GDP per capita, according to the latest data available from the World Bank.
From Afghanistan and Nepal to China and Mongolia, we'll take a closer look at the economic situation and living conditions of people in these countries. We'll discuss the challenges they face, including poverty, lack of infrastructure, limited access to education and healthcare, and other factors that contribute to their low GDP per capita.
Through data visualizations and maps, we'll compare the GDP per capita of these countries and provide insights into their economic growth and development prospects. We'll also examine some of the recent initiatives and policies that are helping these countries to tackle poverty and improve the well-being of their citizens.
Whether you're interested in economics, development, or just want to learn more about these fascinating countries, this video is for you. Join us on this journey to explore the 20 poorest countries in Asia and gain a deeper understanding of the economic challenges and opportunities they face.
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top 10 richest countries in Africa (2023)#top #trending #africa #rich
The African continent is home to some of the wealthiest countries in the world. From natural resources to strong financial policies, these countries have achieved considerable success in terms of their economic and social stability. This video will take a look at the top 5 richest countries in Africa, and how they have achieved their wealth. We'll discuss their GDP, exports, investments, and other factors that have made them prosperous. Finally, we'll provide an overview of the economic challenges that these countries face and how they are dealing with them. Tune in and get an understanding of the economic powerhouses of Africa!
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NEW TOP 10 RICHEST AFRICAN COUNTRIES IN 2022 RANKED BY GDP HAS EMERGED. GUESS WHO ARE IN THE FRONT.
The Wealthiest African Countries in 2022 Ranked by GDP.
TOP 10 RICHEST AFRICAN COUNTRIES IN 2022 RANKED BY GDP & PRIMARY EXPORTS
1 | NIGERIA – THE RICHEST COUNTRY IN AFRICA (GDP: $510.58 Billion).
2 | EGYPT (GDP: $435.62 Billion).
3 | SOUTH AFRICA (GDP: $426.16 Billion).
4 | ALGERIA (GDP: $193.60 Billion).
5 | MOROCCO (GDP: $133.06 Billion).
6 | ANGOLA (GDP: $124.86 Billion).
7 | KENYA (GDP: $114.68 Billion).
8 | ETHIOPIA (GDP: $105.32 Billion).
9 | TANZANIA (GDP: $77.51 Billion).
10 | GHANA (GDP: $73.89 Billion).
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Top 12 Richest Countries in Africa 2023 based on GDP
Top 12 Richest Countries in Africa (2023) based on GDP:
Introduction:
Africa is a vast and diverse continent with a rich history and culture. It is also home to some of the richest countries in the world. In this video, we will take a look at the top 12 richest countries in Africa based on their GDP in 2023.
1. Nigeria:
Nigeria is the richest country in Africa with a GDP of over $500 billion. The country is a major oil and gas producer, and it is also a major agricultural producer. Nigeria is a rapidly developing country, and it is home to a growing population of over 200 million people.
2. South Africa:
South Africa is the second richest country in Africa with a GDP of over $400 billion. The country is home to a diversified economy, and its main industries include mining, manufacturing, and tourism. South Africa is a major producer of gold, platinum, and diamonds.
3. Egypt:
Egypt is the third richest country in Africa with a GDP of over $300 billion. The country is a major tourist destination, and it is also home to a large agricultural sector. Egypt produces a variety of crops, including wheat, rice, and cotton.
4. Algeria:
Algeria is the fourth richest country in Africa with a GDP of over $200 billion. The country is a major oil and gas producer, and it is also home to a large agricultural sector. Algeria produces a variety of crops, including wheat, barley, and dates.
5. Morocco:
Morocco is the fifth richest country in Africa with a GDP of over $150 billion. The country is a major tourist destination, and it is also home to a large agricultural sector. Morocco produces a variety of crops, including wheat, barley, and citrus fruits.
6. Kenya:
Kenya is the sixth richest country in Africa with a GDP of over $100 billion. The country is a major agricultural producer, and it is also home to a growing tourism industry. Kenya produces a variety of crops, including tea, coffee, and maize.
7. Ethiopia:
Ethiopia is the seventh richest country in Africa with a GDP of over $90 billion. The country is a major agricultural producer, and it is also home to a growing manufacturing sector. Ethiopia produces a variety of crops, including coffee, tea, and oilseeds.
8. Angola:
Angola is the eighth richest country in Africa with a GDP of over $80 billion. The country is a major oil and gas producer, and it is also home to a large agricultural sector. Angola produces a variety of crops, including coffee, cassava, and maize.
9. Ghana:
Ghana is the ninth richest country in Africa with a GDP of over $70 billion. The country is a major gold producer, and it is also home to a large agricultural sector. Ghana produces a variety of crops, including cocoa, cassava, and plantains.
10. Ivory Coast:
Ivory Coast is the tenth richest country in Africa with a GDP of over $60 billion. The country is a major cocoa producer, and it is also home to a large agricultural sector. Ivory Coast produces a variety of crops, including coffee, rubber, and cotton.
11. Tanzania:
Tanzania is the eleventh richest country in Africa with a GDP of over $50 billion. The country is a major agricultural producer, and it is also home to a growing tourism industry. Tanzania produces a variety of crops, including coffee, tea, and cashews.
12. Uganda:
Uganda is the twelfth richest country in Africa with a GDP of over $40 billion. The country is a major agricultural producer, and it is also home to a growing tourism industry. Uganda produces a variety of crops, including coffee, tea, and bananas.
Conclusion:
These are the top 12 richest countries in Africa based on their GDP in 2023. These countries are all home to diverse economies and growing populations. As Africa continues to develop, we can expect to see even more countries on this list in the years to come.
Courtesy of: Bobby Cole (Think Big)
list of timestamps and titles:
00:00 Intro
00:17 Nigeria
00:28 South Africa and Egypt
00:44 Algeria and Morocco
01:00 Kenya and Ethiopia
01:17 Angola and Ghana
01:35 Ivory Coast and Tanzania
01:50 Uganda
02:04 Conclusion
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Welcome to our video on the Top 35 Richest Countries in 2050 by GDP Per Capita. In this video, we will explore the countries that are projected to have the highest GDP per capita in 2050. Our list is based on extensive research conducted by leading economic experts and takes into account various factors such as population growth, economic policies, and technological advancements.
In the coming decades, many countries are expected to experience significant economic growth, which will lead to an increase in their GDP per capita. Countries such as China, India, and Indonesia are expected to be at the forefront of this growth, while established economies such as the United States, Japan, and Germany are also projected to maintain their positions on this list. Additionally, emerging economies such as Brazil, Mexico, and Nigeria are also expected to experience substantial growth and make their way into the top 35.
By watching this video, you will gain valuable insights into the countries that are projected to have the highest GDP per capita in 2050, and the factors driving their economic growth. We will explore the economic policies and technological innovations that have contributed to this growth, and the implications it will have for the global economy. So, if you're interested in learning more about the Top 35 Richest Countries in 2050 by GDP Per Capita, be sure to watch this video and subscribe to our channel for more informative content on economics and global affairs.
In conclusion, this video provides a comprehensive overview of the top countries projected to have the highest GDP per capita in 2050. Our research and analysis offer insights into the factors driving economic growth, and the potential implications for countries around the world. We hope that you find this video informative and thought-provoking, and that it inspires you to think about the future of the global economy.
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