NEWS /

Top

20

Measuring GDP in Africa? Ethiopia Ranked on 8th

Monday 19th of September 2016 08:34:34 AM  |  Diretube

With investors showing increased interest in African equity and bond markets and through direct investment, data issues are getting more urgent. Insufficient resources at national statistics offices result in poor quality macroeconomic data.
Measuring GDP in Africa is just plain difficult.

African countries generally fail to accurately record the size of the informal economy which could account for up to 62.7 percent of GDP in countries across the continent. Many African economies are measured using outdated base years. Revising them could lead to a collective upward revision in African GDP of 30.8 percent, according to World Economics.

10. TANZANIA

GDP 2015: $44.9 billion

Projected GDP 2016: $45.9 billion

Share of World GDP 2015: 0.1 percent

Share of Africa’s GDP 2015: 2.4 percent

9. KENYA

GDP 2015: $61.4 billion

Projected GDP 2016: $64.7 billion

Share of World GDP 2015: 0.1 percent

Share of Africa’s GDP 2015: 2.5 percent

8. ETHIOPIA

GDP 2015: $61.6 billion

Projected GDP 2016: $67.4 billion

Share of World GDP 2015: 0.1 percent

Share of Africa’s GDP 2015: 2.8 percent

7. SUDAN

GDP 2015: $83 billion

See More Here

340cd8a0.jpg

                   


Save for Later/ በኋላ ለማንበብ ያስቀምጡ
   
Up vote :20     Down vote :0     Ajeb vote :20





    Ajebnew Email

    Subscribe to ajebnew email for daily, weekly and/or monthly feeds and everything worth your time will be right in your inbox!










    WE ARE STORYTELLERS. BE SURE TO NEVER MISS ANYTHING.