In-house 'economist'
Mkikuyu- Akili timamu alisoma hii habari lakini akaamua hataileta hapa JF.
Well, the news has reached the rest of us.
Last week IMF released it's latest (2019) GDP figures.
Great news for Kenya, slow growth for Tanzania as usual.
Kenya has overtaken Ethiopia in the latest figures, and we're now just 1 year short of reaching $100 billion.
Tanzania has been overtaken by Ghana as expected.
Meanwhile, the gap between the GDPs of Kenya and Tanzania has grown from $23 billion last year, to $38 billion this year.
What that means is that the economy of Kenya is larger than Tanzania, Uganda, Burundi and South Sudan combined.
Tanzania is behind in everything, ata ile wanapenda kujidanganya ati PPP. They are behind everywhere.
Sasa,
eliakeem na wenzake wataambia nini watu?
Full data -
https://www.imf.org/external/datamapper/NGDPD@WEO/OEMDC/ADVEC/WEOWORLD/AFQ
African countries GDP nominal in $ US Billion. I've listed countries with a GDP above $ US 30 Billion.
1. Nigeria - $444.9 billion
2. South Africa - $371.3 billion
3. Egypt - $299.6 billion
4. Algeria - $183.7 billion
5. Morocco - $121.4 billion
6. Kenya - $99.2 billion
7. Angola - $92.2 billion
8. Ethiopia - $91.0 billion
9. Ghana - $68.3 billion
10. Tanzania - $61.0 billion
11. DR Congo - $48.5 billion
12. Cote d'Ivoire - $45.3 billion
13. Libya - $45.0 billion
14. Cameroon - $39.2 billion
15. Tunisia - $36.2 billion
16. Sudan - $31.5 billion
17. Uganda - $30.4 billion
Those same countries but now ranked by GDP PPP,
1. Egypt - $1,391.7 billion
2. Nigeria - $1,214.8 billion
3. South Africa - $813.1 billion
4. Algeria - $684.6 billion
5. Morocco - $330.4 billion
6. Ethiopia - $240.7 billion
7. Ghana - $211.1 billion
8. Angola $203.8 billion
9. Kenya - $191.0 billion
10. Tanzania - $186.1 billion
11. Sudan - $176.7 billion
12. Tunisia - $150.8 billion
13. Cote d'Ivoire - $117.0 billion
14. Uganda - $104.9 billion
15. Cameroon - $101.1 billion
16. Libya - $79.3 billion
17. DRC - $77.4 billion
Same countries ranked by GDP nominal per capita in $ US,
1. Libya - 6,836
2. South Africa - 6,331
3. Algeria - 4,230
4. Morocco - 3,410
5. Tunisia - 3,073
6. Angola - 3,060
7. Egypt - 3,020
8. Ghana - 2,263
9. Nigeria - 2,233
10. Kenya - 2,011
11. Cote d' Ivoire - 1,722
12. Cameroon - 1,538
13. Tanzania - 1,172
14. Ethiopia - 951
15. Uganda - 759
16. Sudan - 728
17. DRC - 495
Same countries ranked by GDP PPP per capita in $ US,
1. Algeria - 15,766
2. Egypt - 14,028
3. South Africa - 13,865
4. Tunisia - 12,801
5. Libya - 12,051
6. Morocco - 9,284
7. Ghana - 6,998
8. Angola - 6,763
9. Nigeria - 6,098
10. Cote d' Ivoire - 4,454
11. Sudan - 4,089
12. Cameroon - 3,965
13. Kenya - 3,869
14. Tanzania - 3,573
15. Uganda - 2,622
16. Ethiopia - 2,517
17. DRC - 791