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Added: July 3, 2021
10 Strongest Economies in Africa 2021 – With all the world’s economies being struck badly by the pandemic, many countries have slowly begun to recover after facing its effects.
The continent of Africa, which has been struck by the pandemic the least, has shown impressive growth in the economy.
Although the majority of African economies are fragile, and poverty is common. However, some African countries have the world’s fastest-growing economy. Agriculture, trade, and natural resources are the most important aspects of the African economy, which is anticipated to exceed $29 trillion in GDP by 2050.
While there are a number of ways to compare a country’s wealth, one of the most effective is to look at its purchasing gross domestic product, or GDP. This is the worth of a country’s goods and services over the course of a year.
When calculating GDP per capita at purchasing power parity, the difference in cost of living and inflation rates between countries is ignored. Our video today, we will present the 10 strongest African economies based on the current GDP information from the International Monetary Fund and the World Bank.