Thursday, February 2, 2012

Graph: Africa - GDP per capita

From an earlier post, there are a number of African countries with GDP per capita higher than the mean (i.e. the countries above the mean line in the graph below) that we did not look at. 
Data Source: World Bank

Zooming into these countries, we can see which of the African countries have the highest GDP per capita.
Data Source: World Bank
The economies of many of these countries are dominated by the oil & gas industry (e.g. Equatorial Guinea, Gabon, Algeria, Angola, Republic of Congo) or natural resources (e.g. Namibia). Other countries rely on tourism (e.g. Seychelles, Mauritius), while others have more diversified economies (e.g. South Africa, Tunisia, Cape Verde). Many of these are also countries that have small populations (e.g. Seychelles: 87,000; Cape Verde: 0.5m; Mauritius: 1.3m; Gabon: 1.5m) or uncertain population numbers (e.g. Equatorial Guinea: 0.7m estimated, but other estimates range up to 1.2m). 

Of course, these countries may also have high income disparities, so the poverty levels can still be quite high there.

Data Source: World Bank; Graphs: Generated by me; Country Sources: CIA – The World Factbook

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