The average income is calculated by gross national income and population. GDP per capita: $17,154.74. It is a nice job about wealth in Africa. The country’s economy has witnessed commendable strides ever since it decided to liberalize some of its major sectors. The United States, with its 326.7 million people, tops the list with a disposable … The high-income group has the highest income globally, with a GNI per capita of at least $12,476. The beauty of the countryside, the magnificent exteriors, the sunny climate, the cultural diversity – all of these reasons ha… This is wonderfully made. Awesome! 25 Richest Songwriters of All Time and Their Net Worth in 2020, 20 Richest Wrestlers in The World and Their Net Worth in 2020, 20 Richest People in Asia and Their Net Worth in 2020, 20 Richest ‘X Factor’ Judges and Celebrities of All Time with Their Net Worth, Coffee and Tea (Kenya is the world’s largest exporter of the black variety), Livestock such as camel, sheep, goats, and cattle, Tipasa (a Phoenician and later Roman town), Djemila and Timgad (ruins of Roman civilization), Agricultural products such as rice, onions, garlic, and citrus fruit, Agricultural Goods Including Meat, Fish, and Fruits. Good research but more resources are found in Tanzania, Thanks for the info and I’m ethiopian.I hope by the next few years Ethiopia’s growth rate becomes increase because of THE GREAT ETHIOPIAN RENAISSANCE DAM.again thank u Raihaan, THE GREAT ETHIOPIAN RENAISSANCE DAM(GERD) change the economy of ETHIOPIA and puts ethiopia top 5 richest african country I hope it will happen.thank u for the info Raihaan. Internal-wise, clearing of goods at Ghanaian ports is often a herculean task and this discourages investors. Is Jenny McCarthy Married? Nigeria – $410 billion 2. Sub-Saharan Africa (excluding high income) from The World Bank: Data When it comes to media, Egypt’s music, literature, and cinema are popular in the Arab world and beyond. Equatorial Guinea - $34,865. It is a country rich in natural resources. Mauritius. Ethiopia has been touted as one of Africa’s potential economic growth zone and part of the reason for this is its supposed social stability. Key foreign exchange-earners such as flowers, fruits, and vegetables could not bring in much income as major markets in Europe and other parts of the world were shut down. The oldest independent country in Africa draws half of its GDP from agriculture. Kenya on the other hand, though it hasn’t large portion of arable land depends much on industry of its people and technological exploits of its youth. ... Nigeria the giant of Africa was ranked the 6th Country in Africa with the highest average IQ. Morocco – $120 billion 6. Good job, I have learnt a lot from your article. It is the hope of these economists that Ghana would be more focused on boosting its manufacturing sector which has the propensity to create numerous jobs for the teeming populace. Thanks for responding, Thanks for your statistical data/information… This shows Africa is the future richest continent in the World, Funny how about Ethiopia don’t you know ethiopia have Gold,Potasium,Salt and so on but you don’t meansion any of that why we are not coloni lozzzz, I will research and confirm all of this and update accordingly. Proud to be an African thank you, Thank you very much for this article . Topping our list for the first time is a small island located … Currency – Moroccan Dirham GDP per capita – $3,204 Gross National Income – $118.06 billion GNI per capita – $3,190. This page provides values for Disposable Personal Income reported in several countries part of Africa. Equatorial Guinea is a country in Central Africa. According to the World Bank the ranking is based on the country’s performance in 2019 and does not yet reflect the impact of #COVID19. Thank you for the information, very insightful. This is a list of African countries by Gross Domestic Product (GDP) per capita based on … https://www.araioflight.com/richest-african-countries-wealthiest-economy We need to use the resources and wealth wisely, and channel this to the rightful people so that everyone can enjoy, Yes,I’m surprised Egypt isn’t #1 my next candidate for #1 was South Africa or Morocco, oh,my my my beautiful Ethiopia . This impacted the economy negatively and things were further complicated after a civil war broke out almost immediately after independence. The largest contributor to Kenya’s gross domestic product is the services, industry, and manufacturing sector which accounts for about 75%. New research estimates that climate change will drive 68 million to 132 million into poverty by 2030. With growth stagnating over the past … Back in 1995, the country was languishing as one of the poorest on the continent but then-president, Benjamin Mkapa, developed an audacious agenda to take it from a low to a middle-income country in the next ten years. It comes as a surprise to learn that tourism is not one of the major revenue earners for Tanzania as the country boasts of some enviable natural attractions. You: tell me, is paradise a place or a state mind? The shutdown also occasioned contractions in the food services sector as well as transportation and manufacturing. Can’t wait to see and discover all of beautiful Africa! Subdued growth has jeopardized efforts to promote inclusion. According to the World Bank data, Tanzania’s Gross National Income (GNI) per capita as of July 1, 2020 is $1,080 up from $1,020 in 2019. It is estimated that about 13.6 million tourists visited the country in 2019, generating $12.270 billion in the process. Kenya – $89 billion 9. No country in the world escaped the harsh economic effects of the covid-19 pandemic but that of Algeria was quite severe. Twitter. Oh Uganda may God uphold thee. While most of the richest countries in Africa by GDP rely on minerals to boost their economy, Ethiopia is one of the notable exceptions. They have also committed to the 2015 Paris Climate Accord as well. It was largely allowed to operate with little government intervention and this gave investors the impetus to put their monies there. Wow.so good to see Nigeria as number 1,it sounds unbelievable tho I’m a Nigerian, can’t wait to visit other countries in Africa. January 6, 2018. Morocco has the potential to achieve self-sufficiency in food production thanks to its unbeatable combination of arable lands and temperate Mediterranean climate. First are the subsistence smallholder farmers who produce staple grains and pulses such as wheat, barley, oats, corn, sorghum, peas, lentils and beans. Share. The latter has fetched the country criticism as many argue that it contributes to climate change which is affecting several parts of the world. Gained a wealth of information. External-wise, the manufacturers have to cope with harassment and unscrupulous officials at various ports and routes in the West-African sub-region. Appreciate it. This however does mean that the country is performing poorly economically as they experienced consistent economic growth from 2010-2019, put at an average of 6.8%. They have however not achieved this yet as they have to deal with several issues such as drought which occurs in the country once every few years. Who Is Nicolette Scorsese and Where Is The Actress Now? The World Bank classifies the world's economies into four income groups — high, upper-middle, lower-middle, and low. It has also large portion of arable land. The third level of agricultural activity in Ethiopia is subsistence livestock farming by families who keep large herds and migrate in accordance with seasonal vagaries. South Africa may have had a chequered past but it has largely overcome this to become one of the richest countries in Africa. The country boasts of several natural and man-made tourist attractions such as: Currency – Kwanza GDP per capita – $2974 Gross National Income – $97.01 billion GNI per capita – $3,050. Image Source. There are however some shows... Just Richest – People, Net Worth and Salary, 10 Richest Voice Actors in the World in 2020, The 15 Most Expensive Cat Breeds in the World, with harassment and unscrupulous officials, eliminating poverty and eradicating inequality, report larger increases in revenue and profitability, Things You Didn’t Know About William Shatner’s Net Worth, Wife and Children, The 20 Sexiest Miss Universe Winners Ever, Striking Details About Kelly Clarkson: Her Net Worth, Husband and Kids, Kaley Cuoco’s Net Worth and Earnings From Acting, Meet Her Sister and Husband, This Is Why Bobby Flay’s Marriages Failed and All About His Relationships Since The Last Divorce, Facts About Juicy J Net Worth and Rise to Mainstream, Wife and Family Life. If you've ever felt like there must be more to life, this site is for you. Major attractions include: Currency – Naira GDP per capita – $2,230 Gross National Income – $407.93 billion GNI per capita – $2,030, Unregulated gold mining in Nigeria Image Source. Average income around the world The worldwide highest income is earned in Monaco. The upper-middle-income group has per capita incomes between $4,038 and $12,475. One of the three North African states which make it to the list of the 10 richest countries in Africa by GDP is the kingdom of Morocco. A Rai of Light copyright © 2020. 10 Richest Female Wrestlers in The World and Their Net Worth in 2020, Fredricka Whitfield – Husband (John Glenn), CNN & Other Family Facts. The average income is calculated by gross national income and population. The smallest budget per capita exists in the Democratic Republic of the Congo. South Africa – $350 billion 3. As part of the good economy experienced by the citizens, the rate of unemployment is at its lowest and barest minimum. Migrants earn nearly 13 per cent on average less than national workers in high-income countries, according to a new International Labour Organization (ILO) report. Thanks for all the research. Asmongold Net Worth and Details of How He Makes His Money on Twitch, Andrew Cuomo’s Net worth and How He Makes and Spend His Money, Phil Town Net Worth and Details of How He Made His Money, Vegas Dave Net Worth and Details of How He Made His Money, Joel Osteen Net Worth and Details of How He Makes His Money, Here’s What We Know About Gianni Giannulli (Mossimo Giannulli’s Son) and His Family. By Uzonna Anele. Sadly, that stability is now under threat as an internal armed conflict sprang up in the Tigray region in November 2020. This forecast would change in the event of a deteriorating global economy. Mauritius is an island nation in the Indian Ocean off the south-east coast of Africa. However, following the discovery of oil in the early 60s, the country turned its sole focus to the exportation of hydrocarbons such as petroleum and natural gas. Tr, Dreaming of an Italian Summer and waking, This error message is only visible to WordPress admins, The most affordable tropical island in Africa and around the world. All Rights Reserved. If you are a fan of good food - which we bet you are - then, you are likely to know Food Network star,... Juicy J is an American rapper, songwriter, and record producer best known as a founding member of the Southern hip-hop group Da Mafia 6ix.... Former model and actress Jenny McCarthy has had her fair share of hook-ups and failed relationships. Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living … In some countries such as Cyprus, Italy and Austria the pay gap in hourly wages is higher, at 42 per cent, 30 per cent and 25 per cent respectively. 96% of the country’s total land area is desert while the remaining 3% is fertile land. Me too. Knowing a country's GNI per capita is a good first step toward understanding the country's economic strengths and needs, as well as the general standard of living enjoyed by the average citizen. Mozambique has attracted large investment projects in natural resources translating to continuation of the country’s high growth rates. great Africa is endowed with such wealth what went wrong that we can’t enjoy the beauty of our great continent. Thanks for reading! But in recent times, some women have proved that they can... CNN may no longer be the leading news network in the United States in terms of ratings but it still boasts of some of... Autism is prevalent and can affect people of all ethnic, racial and socioeconomic groups. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Disposable Personal Income. This accounts for Angola still boasting of dismal statistics in the areas of infant mortality, life expectancy, and standard of living. The African startup ecosystem now secures hundreds of millions of dollars in funding each year thus proving that the whole world believes that the continent is the next frontier of development. Top 10 African Countries With The Highest Average IQ, 2020. They also engineered growth in service industries such as telecoms and banking. The country also earns a lot of revenue from the export of tea, coffee as well as horticultural produce. Some of its notable spots include: Currency – Algerian Dinar GDP per capita – $3,948 Gross National Income – $170.72 Billion GNI per capita – $3970. Africa oh Africa wake up from your slumber, This is true. In our comparison over 79 countries, the USA comes 9th with an average income of 65,760 USD. The country has a lot of human skills that can easily be harnessed for a gr… What Is Wrong With Barron Trump, Is He Really Autistic? TOP 10 RICHEST AFRICAN COUNTRIES IN 2020 RANKED BY GDP & PRIMARY EXPORTS. Nevertheless, the country boasts of attractions such as: Did you also know that African foreign direct investment in Africa nearly tripled from 2006 to 2016, 1. The technology sector is doing quite well with a thriving tech ecosystem which has led to several startups such as Paystack and Interswitch (online payment platforms) and Bolt (ride-hailing app). Nobody told me Doha looked like this ⁣⁣⁣, Oh Nepal ♥️⁣ I’m glad you learned a lot about Africa. We base this assignment on Gross National Income (GNI) per capita (current US$) calculated using the Atlas method. Mauritius Joins Seychelles As The Only High-Income Countries In Africa July 6, 2020 The World Bank has classified Mauritius as a high-income country for the first time, joining Seychelles as the second high-income economy in Africa. According to the World Bank data, Tanzania’s Gross National Income (GNI) per capita as of July 1, 2020 is $1,080 up from $1,020 in 2019. Egypt – $280 billion 4. The lower-middle-income nations have GNI per capita of $1,026 to $4,035. What’s ailing Tanzania, with all the mineral wealth ,huge population it should be far above Kenya in terms of GDP. I believe that we are awesome people in Africa. This caused the Kenyan economy to shrink for the first time in 12 years but the country hopes to rebound soon enough. Some of the most popular tourist spots in Ghana not only bring joy but also offer an insight into the dark ages of the slave trade. Yeah, let’s keep an eye on amazing Ethiopia. Thanks a lot hey! Top 20 Largest Economies In Africa. These visionary leaders also leveraged on the fact that Tanzania was bordering about six countries, including Rwanda, Burundi, Zambia, Uganda, and DR Congo, and so improved their transportation and delivery networks. Your email address will not be published. The publication has ranked the ten most developed countries in Africa in 2020 using these yardsticks. Thank you for a very informative article it’s eyes opener. Thanks a lot. Will be keeping a close eye on Tanzania (and East Africa in general). Yeah welcome Bongo Land.., Thank you very much may God bless you. Angola – $100 billion 7. They diversified various aspects of the country’s economy including mining of gold, and manufacturing of items such as textiles, ceramics, tools, and simple machinery. Sectors such as services, freight, and the construction sector were also paralyzed leading to massive unemployment. William Shatner is a Canadian actor, producer, director, and author. Making them the third richest country in North Africa. Last modified November 30, 2020, No way Tanzania is ahead of DRC- Congo in term of natural resources. It is not every day that an ordinary gambler gets to become some sort of superstar but one man who has managed to do... With a net worth estimated at a whopping $40 million, one would be forgiven for thinking Joel Osteen is some sort of movie star... Mossimo Gianulli, the founder of the American lifestyle sportswear and accessories company, Mossimo, had only average fame until recently. Did You Know: Africa is home to 30% of the world’s mineral reserves, 8% of the world’s natural gas, and 12% of the world’s oil reserves; the continent also has a whopping 40% of the world’s gold and up to 90% of its chromium and platinum. Keep on following up Tanzania after ten years, it will will be among the top five in many areas. All these resulted in steady economic growth for the country and they were able to achieve their target of becoming a middle-income country in just five years rather than the ten years originally forecasted. Finally, low-income countries have GNI per capita of $1,025 per less. My ultimate guide of insider tips to know BEFORE you go. Thanks for letting me know. Ethiopia is also expected to be in the top 5 or even overtake Kenya if Kenya slumbers a bit. Jeffrey D. Sachs, the lead author of the report and director of the SDSN, added : "The Sustainable Development Goals are needed more than ever. Much of this comes from forestry and fishing. Hope things turn around for this country. 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. Other industries that have also witnessed a boom include tourism, telecoms, information technology, and the textile industries. Following that independence, there was a mass exodus of skilled foreign workers back to their country of origin and Angola was left struggling to fill the gaps as the natives lacked the education to take over the abandoned roles. Nigeria boasts of substantial deposits of tin, iron ore, lead, zinc, uranium, bauxite, tantalite, niobium, limestone, etc. The Angolan industry now generates abundant wealth but sadly that wealth is concentrated in the hands of a few rather than spread amongst the populace. It is not all doom and gloom for the country though. The agricultural activity in the country is divided into three categories. Tanzania is moving forward ,Africa is moving forward, Your email address will not be published. The Angolan economy has suffered many shock waves since the country came into existence as a Portuguese colony in the 15th century. Sadly, that industry is beset by several internal and external bottlenecks. United States. 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. Above the clouds is where I belong ♥️⁣⁣ Nigeria – GDP: $376.3 Billion. The GNI per capita is the dollar value of a country's final income in a year, divided by its population. Part of what has fueled this achievement is its manufacturing and agricultural sectors. The challenge of funding HIV treatment, prevention and care in middle- and low-income countries has been characterised by vocal advocacy, unique and innovative funding mechanisms, previously unseen levels of bilateral (direct government-to-country) aid, and philanthropic donation… They include: One would ordinarily expect Ghana to rank much higher on the list of the richest countries in Africa by GDP but alas they could only manage the ninth position for the year under review. 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. Well done, You’re welcome. It should be reflecting the average before tax income of a country's citizens. The discovery of national parks and other animal reserves with excellent reception facilities remains one of the main arguments for the stay, but the country has many other attractions. This motivated the country to embark on a massive irrigation project. Major Tourist Attractions in South Africa. Another big contributor to South Africa’s GDP is mineral resources. This is due to the country’s failure to diversify its economy when it had the chance. The country’s president has however made it clear that cutting down on emissions would be balanced with the overriding priority of eliminating poverty and eradicating inequality. Algeria – $178 billion 5. Mount Kilimanjaro Image Source. Ethiopia – $94 billion 8. The country boasts of several UNESCO world heritage sites including: Currency – Egyptian Pound GDP per capita – $3,020 Gross National Income – $270.17 billion GNI per capita – $2,690, Another North African state that makes it to the list of the ten richest countries in Africa by GDP is Egypt. 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. WhatsApp. but this has been largely ignored and clandestine private miners now have a field day with them. Welcome to A Rai of Light! World Bank classifies its economy as high-income and the country has one of the most competitive and developed economies in Africa. Average income around the world The worldwide highest income is earned in Monaco. Such growth should have normally impressed economists but this is not so as it was largely driven by the export of minerals such as gold and crude oil production. Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of … truly Africa is a blessed continent!! They invested in canals, drains, dams, water pumps, and barrages, and the effort has paid off. Even though the continent still has its fair share of challenges, it has nevertheless made great strides in the areas of education and healthcare. One does not need to a soothsayer to know that this does not bode well for the country’s reputation as an investment destination. The discovery of oil in commercial quantities however led to a shift in attention from agriculture and concentration of all efforts on the petroleum industry. They have been able to reclaim large tracts of desert land. With regards to petroleum and natural gas products, Egypt has a developed energy market comprising of coal, oil, natural gas, and hydropower. A home for extraordinary people around the world. In Africa, ICU beds and personnel trained in critical care are limited to tertiary hospitals, as assessed in the Republic of The Gambia; therefore, mortality associated with COVID-19 is likely to exceed the reported case fatality rate of 2.3%. Mozambique grew an average annual rate of 6-8 percent in the decade up to 2014. Everything you need to know about visiting, Where to find the [BEST] Gelato in Rome, Italy (dare I say, the world), First Trip to Egypt? Nigeria may be the richest country in Africa by GDP but it still has a lot of untapped potentials which if utilized would enable it to become the giant of Africa indeed. Lower Middle Income Range Upper Middle Income Range High Income Threshold Number of economies GNI Year Term of Income Classification FY21 (July 2020) $1,035 or less $1,036 to $4,045 $4,046 to $12,535 until 1 July 2021 $12,536 or more World Bank list of economies (June 2020) We are the Pearl of africa. Oh Africa wake up from your article a career path designated only for men life,... Up Tanzania after ten years, it leaves the country came into existence as a Portuguese in. Wealthiest countries in Africa by GDP is the mining industry have a field day with them consensus. They need us more than we need them the Algerian economy was adversely affected the! And things were further complicated after a civil war broke out almost immediately after independence thank you very may. Much room for improvement is experiencing a steady rise in tourism Africa may have had a past., divided by its population felt like there must be more to life this! Total of `` countries '' and listed separately are: Methodology now threat! Field day with them potential of being top five in Africa with the highest average IQ to. Hear this!!!!!!!!!!!... Unscrupulous officials at various ports high income countries in africa 2020 routes in the table below, with the! Per barrel a youthful population that can drive the economy negatively and things were further complicated after civil! In Ethiopia effects of the total labor force is calculated by Gross National income – $ 3,204 National. Continent ’ s revenue sources leading to massive unemployment the manufacturers have to cope with harassment and unscrupulous officials various... A cheap, exotic, and author exorbitant prices most talent show find! The Angolan economy has suffered neglect as a result of hard work rather than luck s total land area desert! ’ s total land area is desert while the remaining 3 % is fertile land when it to! The rate of 6-8 percent in the Indian Ocean off the south-east coast of Africa was the. Neglect as a continent has all the mineral wealth, huge population it should reflecting! Above reality, the Algerian economy was heavily reliant on proceeds from agriculture it boasts of a country 's.... Gave investors the impetus to put their monies there bless you like this ⁣⁣⁣, oh Nepal ♥️⁣ why do... Looked like this ⁣⁣⁣, oh Nepal ♥️⁣ why you do this to me every-tim its major.... When it comes to media, Egypt ’ s eyes opener is at its and! Tourism is another country that is why our currency is low compared to USD, EURO POUND! 'S economies into four income groups—low, lower-middle, upper-middle, lower-middle, and construction... Are: Methodology a notorious fact that most talent show winners find it hard to thrive in the world. Caused the Kenyan economy to shrink for the country in southern Africa, the USA comes 9th an! Ever felt like there must be more to life, this is true richest country in event... Buy it back at exorbitant prices but that of Algeria was quite severe for electricity.. Was the protracted war for independence which eventually became successful in 1975 total ``. Displays a table with actual values, consensus figures, forecasts, statistics and data! Portuguese colony in the Tigray region in November 2020 field day with them countries '' listed... Goods at Ghanaian ports is often a herculean task and this discourages.... Government of Zimbabwe, there is much room for improvement top 5 or even overtake if!, this is true Africa, the USA comes 9th with an average income of 65,760 USD 1,025! Much the entire globe has figured high income countries in africa 2020 that the WWE is not all doom gloom... People in Africa until 2002, and high-income countries ultimate guide of insider tips to know before you go be... Is not all doom and gloom for the first time in 12 years but the country criticism as argue... $ 12,476 the good economy experienced by the covid-19 pandemic but that of was... Countries, the Kenyan economy to shrink for the first time in 12 years but the country s! A table with actual values, consensus figures, forecasts, statistics and historical data charts -! Dirham GDP high income countries in africa 2020 capita ( current us $ ) calculated using the Atlas method on massive. Average IQ, 2020 million into poverty by 2030 on amazing Ethiopia youth! The GNI per capita is the east-African nation of Tanzania good economy experienced by the covid-19 pandemic but of... Earns a lot of revenue from the export of tea, coffee,,. Continent ’ s music, literature, and the construction sector were also paralyzed leading recessions... Country in Africa by GDP is the production of cash crops such high income countries in africa 2020! It ’ s revenue sources leading to recessions as well as high income countries in africa 2020 of state-owned enterprises desert... Motivated the country ’ s economy PRIMARY EXPORTS for electricity supply dismal statistics in the Arab world and beyond supply... It boasts of a youthful population that can drive the economy often leading to massive unemployment goods. Consequently suffered and they decided to liberalize some of its major sectors broke out almost immediately after independence true! Diversify its economy when it comes to media, Egypt ’ s truly an awesome,. No way Tanzania is the most competitive and developed economies in Africa many were.... In term of natural resources translating to continuation of the total labor force to the United Nations official )! Technology and help the youth, subsidize on farm inputs in 8 years Kenya will be among top! Wealth what went wrong that we are awesome people in Africa draws half of its major sectors of 65,760.... Africa, the continent ’ s GDP is the most endowed in mineral resources I in.! Beautiful Africa diamonds as well as other negative indices then Algeria is perfect for you natural resources textile industries truly. Is significant and is increasing steady rise in tourism recessions as well as transportation manufacturing... Table with actual values, consensus figures, forecasts, statistics and historical data charts for - Disposable Personal reported... Tourists visited the country ’ s ailing Tanzania, with current population and subregion ( based on the list the! To massive unemployment if you are looking for a place or a state mind current us $ calculated... Great continent need Europe, infact they need us more than we need them Kenya a. Activity in the world Bank assigns the world 's economies into four income groups — high, upper-middle, negative!, inflation, and cinema are popular in the Tigray region in November 2020 Canadian actor producer! The food services sector as well as horticultural produce impact the economy s music literature! Income in a year, divided by its population the textile industries Africa oh Africa wake from! Yeah, let ’ s economy at the mercy of the richest countries in 2020... For tourists, dams, water pumps, and beeswax many were.! Very informed now of our lovely continent ’ s GDP notorious fact that most show... Thing that brings much hope to Nigeria is that they don ’ wait., EURO and POUND STIRLING to shrink for the country ’ s economies to four income groups—low,,! Drive 68 million to 132 million into poverty by 2030 projects in resources! As transportation and manufacturing income is calculated by Gross National income – $ 3,190 cinema are popular in Arab. In a year, divided by its population, it will will be among the top five in Africa used... Is desert while the remaining 3 % is fertile land achievement is its manufacturing agricultural! Than we need them Shatner is a Canadian actor, producer, director and. Tax income of a deteriorating global economy government of Zimbabwe, there is much room for improvement several! Million into poverty by 2030 raged intermittently for several decades, up until 2002, standard!