Economy Which three countries in Africa have the least debt? Source International Monetary Fund: Africa Regional Economic Outlook (AFRREO) Short answer Which three countries in Africa have the least debt? Nigeria (8% of its GDP), Botswana (10%) and the Democratic Republic of the Congo (11.4%) have the lowest external debt, according to the International Monetary Fund. ... Back Full answer
Agriculture Which African country relies most heavily on agriculture? Source World Bank: Agriculture, forestry, and fishing, value added (% of GDP) Short answer Which African country relies most heavily on agriculture? According to the World Bank, Sierra Leone relies most heavily on agriculture, which made up 54.3% of the country's GDP in 2019. ... Back Full answer
Agriculture What is agriculture’s contribution to Africa's GDP? Source Agriculture in Africa 2019: Special Report (Oxford Busniess Group) Short answer What is agriculture’s contribution to Africa's GDP? Farming is key for the majority of African economies and accounts for at least 15% of the region’s GDP. ... Back Full answer
Agriculture Which African country is the biggest yam producer in the world? Source Food and Agriculture Organization of the United Nations Short answer Which African country is the biggest yam producer in the world? Nigeria was the biggest yam producer in the world in 2019, according to the Food and Agriculture Organization of the United Nations, with an output of 50 million tonnes. More: Does Nigeria have the biggest yam market in the world? ... Back Full answer
Economy Which West African country gets the most foreign direct investment? Source The World Investment Report 2020 (United Nations Conference on Trade and Development) Short answer Which West African country gets the most foreign direct investment? Foreign direct investment (FDI) to West Africa fell 21% to US$11 billion in 2019. This was largely due to the steep decline in investment in Nigeria, after consecutive increases in 2017 and 2018. Inward FDI to Nigeria almost halved, to $3.3 billion in 2019 due to a slowdown in investment in the oil ... Back Full answer
#YouAsked Economy What countries have the largest economies in Africa? Source GDP (current US$) - Sub-Saharan Africa, Middle East & North Africa Short answer What countries have the largest economies in Africa? Nigeria, South Africa and Egypt were considered Africa’s largest economies in 2021 based on their gross domestic product. ... Back Full answer
#YouAsked Economy Which is Africa’s fastest-growing economy? Source International Monetary Fund and World Bank Short answer Which is Africa’s fastest-growing economy? Ethiopia’s real gross domestic product (GDP) growth has been, on average, 9.5% per year in the ten years from 2010 to 2019. This is not only the highest in Africa. It is the highest in the world, according to the International Monetary Fund’s World Economic Outlook database. According to the ... Back Full answer
Economy What is Africa’s total global debt? Source International Monetary Fund: World Economic Outlook (Sub-Saharan Africa) Short answer What is Africa’s total global debt? According to the International Monetary Fund, Sub-Saharan Africa's general government gross debt amounted to 57.8% of its GDP in 2021. ... Back Full answer
Economy Which three countries in Africa have the highest debt? Source International Monetary Fund: Africa Regional Economic Outlook (AFRREO) Short answer Which three countries in Africa have the highest debt? Mozambique (105.6% of its GDP), Zimbabwe (88.9%) and Angola (79.3%) have the highest debt, according to the International Monetary Fund. ... Back Full answer