Ethiopian economy is in a good shape. (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); Top 20 Most Indebted African Countries List, Russian President Vladimir Putin Drops Shocker About Islamic State Sponsors, 5 Top Celebrities With Irresistible Curves. The Libyan economy depends upon revenue from the oil sector, which accounts for 80 percent of GDP. Morocco is a relatively liberal economy that is governed by the law of supply and demand. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Use. Leave us your email address and learn more about the world's most exciting equity markets. Jan. 28, 2019; Canoes abandoned by fishermen in Lagos, Nigeria. Angola’s external debt of $19.6 billion was last calculated in 2012. With more than 880 million people – 12 per cent of the world’s population, they account for less than 2 per cent of global GDP and about 1 per cent of global trade in goods.”. This West African country’s economy is largely market-based. The full list is shown in the table below, with current population and subregion (based on the United Nations official statistics). Listwand have compiled Africa’s top countries for doing business in 2019. Congo’s 2012 external debt was estimated at $7.6 billion. Zimbabwe has suffered economic decline under Mugabe’s leadership. Even though Zambia is one of the fastest economically reformed nations in the world, about 68 percent of Zambians live below the poverty line. It is the 6th richest country in Africa with a GDP per capita of $15,000. These are Angola, Botswana, Equatorial Guinea, Gabon, Mauritius, Namibia and South Africa who have a GDI of at least $4,036. In Sub-Saharan Africa, countries with a gross domestic income (GDI) per capita of between $1,026 and $12,475 in 2015 and were classified as middle-income countries. This includes personalizing content and advertising. As of the 31 December 2013, Egypt had an external debt of $49 billion. Scholarships are available to physicians who work in hospice and palliative medicine and who care for seriously ill patients. The stock exchange of Ghana is the fifth largest in Africa. In December 2012 Ghana’s external debt was estimated at $11.2 billion. However, the statistical definition of international remittances only partially reflects this common understanding. In the year 2010, IMF and World Bank approved $1.9 billion in debt relief for the nation. The report sees agribusiness as having a huge potential in Africa and LDCs,however, it notes that productivity is low and inefficient but stronger links between farmers and agro-industry and tighter clusters of small producers can enhance supply-chain efficiencies, improve access to local and global markets and increase real incomes of farmers, farm workers and their families. The nation recorded a government debt to GDP of 27.4 percent. South Africa has the second largest economy in Africa, with a gross domestic product of R5.078 trillion (US$351 432 million) and a population of 58.5 million. The country recorded a government debt to GDP of 31 percent in 2014. Lower Middle Income Class Poverty Line 723.1 in Angolan kwanza (2018) or US$3.20 (2011 PPP) per day per capita Upper Middle Income Class Poverty Line 1242.9 in Angolan kwanza (2018) or US$5.50 (2011 PPP) per day per capita Multidimentional Poverty Measure 56.3 2018 SHARED PROSPERITY The 2012 external debt was $6.9 billion. Get the latest insights, stories and trends straight to your inbox. Learn how your comment data is processed. Like many countries on this list, it is considered by the World Bank to be an upper middle country. East Asia and Southeast Asia: Upper-Middle income countries it comes to HDI, Tunisia ranks fifth in.. National Treasury and average life expectancy rely on open dumping ; 93 percent of GDP 2013... 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