Economy Does Anambra state owe N200bn? Source Anambra State Debt Sustainability Analysis Short answer Does Anambra state owe N200bn? No. According to the government of Anambra State, as at 31 December 2020, it has a total of N85.197 billion in outstanding debt (N40.561bn external and N44.636bn domestic). ... Back Full answer
Economy What is Nigeria’s national debt? Source Nigerian Domestic and Foreign Debt Q3 2020 (National Bureau of Statistics) Short answer What is Nigeria’s national debt? Nigeria's Total Debt Stock (Foreign & Domestic), as of 30th September 2020 stood at N32.22 trillion (US$84.57 billion), a 3.9% increase when compared with N31.01 trillion (US$85.9 billion) recorded in June 2020. Domestic debt stock includes federal government bonds, treasury bills and promissory... Back Full answer
#YouAsked Economy What is Nigeria’s foreign trade balance? Source Foreign Trade in Goods Statistics Report Q4 2020 (Nigeria National Bureau of Statistics) Short answer What is Nigeria’s foreign trade balance? In the fourth quarter of 2020, the total value of Nigeria's exports was N3.19 trillion, while the total value of imports stood at N5.93 trillion. The country's trade balance was therefore N-2.73 trillion. ... Back Full answer
#YouAsked Economy Did the Kenyan economy grow over the pandemic period? Source Quarterly Gross Domestic Product Report Second Quarter 2020 (Kenya National Bureau of Statistics) Short answer Did the Kenyan economy grow over the pandemic period? Kenya's real GDP, which accounts for inflation, contracted by 5.7% from 1 April to 30 June 2020 compared to an expansion of 5.3% in the same period of 2019.... Back Full answer
Economy What is South Africa’s unemployment rate? Source Quarterly Labour Force Survey Quarter 4: 2020 (Statistics South Africa) Short answer What is South Africa’s unemployment rate? The official unemployment rate increased by 1.7% to 32.5% in the fourth quarter of 2020 compared to 30.8% in the third quarter of 2020. Related: Frequently asked questions about jobs in South Africa ... Back Full answer
Economy What is South Africa’s youth unemployment rate? Source Quarterly Labour Force Survey Quarter 4: 2020 (Statistics South Africa) Short answer What is South Africa’s youth unemployment rate? In the fourth quarter of 2020, the official unemployment rate for young people (aged 15–24 years) was 63.2%, a 1.9% increase from 61.3% in the third quarter of 2020. Related: Is youth unemployment in South Africa among the highest in the world? ... Back Full answer
FEATURED Economy What is South Africa’s GDP per capita? Source International Monetary Fund: World Economic Outlook (South Africa) Short answer What is South Africa’s GDP per capita? The country's GDP per capita (nominal gross domestic product divided by the mid-year population) was US$4,740 in 2020. The economy slumped by 7% compared with 2019. This is the biggest annual fall in economic activity the country has seen since at least 1946. Related: Still misleading t... Back Full answer
Economy How many people are employed in South Africa’s tourism sector? Source Tourism Quarterly Performance Report (Statistics South Africa) Short answer How many people are employed in South Africa’s tourism sector? From January to March 2020, some 2,906,779 South African jobs were created by tourism-related industries. This figure is an increase of 1,7% (49,017) in total jobs created by the tourism-related industries when compared to January-March 2019.Note: Previous quarterly performance reports provided esti... Back Full answer
#YouAsked Economy What is South Africa’s Gini coefficient? Source World Bank Short answer What is South Africa’s Gini coefficient? The Gini coefficient isa globally used measure of inequality,among individuals or households within an economy.The coefficient ranges from 0 to 1, where 0 represents perfect equality (all individuals have the same income) and 1 indicates perfect inequality (where one person has all... Back Full answer