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Final consumption expenditure in Africa

Consumption expenditure of Africa, 1970-2015

During 1970-2015 consumption expenditure of Africa in current prices increased by 1 808.8 billion US dollars (in 22.9 times) to 1 891.4 billion US dollars; change occurred by 185.4 billion US dollars by increasing of people by 819.3 million, as well as by 1 623.4 billion US dollars by increasing of consumption expenditure per capita by 1 370.9 US dollars. The average annual growth of consumption expenditure of Africa was 40.2 billion US dollars or 7.2%. The average annual growth of consumption expenditure of Africa in constant prices was 3.7%. Share in the world rose by 0.13%. Minimal consumption expenditure was in 1970 (82.6 billion US dollars). Maximal consumption expenditure was in 2014 (1 993.9 billion US dollars).

During 1970-2015 consumption expenditure per capita in Africa rose by 1 370.9 US dollars (in 7.1 times) to 1 597.2 US dollars. The average annual growth of consumption expenditure per capita in current prices was 30.5 US dollars or 4.4%.

Change of consumption expenditure of Africa described by linear regression model: y=33.2x-65 474.1, where y - estimated value of consumption expenditure of Africa, x - year. Correlation rate = 0.859. Determination rate = 0.738.

Consumption expenditure of Africa, 1970

Consumption expenditure of Africa in 1970 was equal to 82.6 billion US dollars. Share of Africa in the world consumption expenditure was 3.3%.

Consumption expenditure per capita in Africa in 1970 was equal to 226.3 US dollars. Consumption expenditure per capita in Africa was less than consumption expenditure per capita in the World (678.2 US dollars) by 451.9 US dollars.

Consumption expenditure of Africa in 1970 consisted of consumption expenditure of Nigeria (19.7%), consumption expenditure of South Africa (16.2%), consumption expenditure of Egypt (8.9%), consumption expenditure of Mozambique (4.6%), consumption expenditure of Algeria (4.6%), and others (46%).

Consumption expenditure of Africa, 2015

Consumption expenditure of Africa in 2015 was equal to 1 891.4 billion US dollars. Share of Africa in the world consumption expenditure was 3.4%.

Consumption expenditure per capita in Africa in 2015 was worth 1 597.2 US dollars. Consumption expenditure per capita in Africa was less than consumption expenditure per capita in the World (7 474.7 US dollars) by 5 877.5 US dollars.

Consumption expenditure of Africa in 2015 consisted of consumption expenditure of Nigeria (22.1%), consumption expenditure of Egypt (15.7%), consumption expenditure of South Africa (13.5%), consumption expenditure of Algeria (5.4%), consumption expenditure of Sudan (4.3%), and others (39%).

Size of consumption expenditure in Africa

Final consumption expenditure in Africa, bln. US dollars
Prices197019801990200020102015
current prices82.6398.3424.3499.91 449.61 891.4
constant prices197082.6120.8163.5205.3345.9419.4
2005264.9387.6524.3658.61 109.41 345.2
Picture. Africa: consumption expenditure Picture. Consumption expenditure: share of Africa in the world

Growth of consumption expenditure in Africa

Picture. Africa: consumption expenditure, growth Picture. Africa: consumption expenditure, growth

consumption expenditure per capita in Africa

Picture. Africa: consumption expenditure per capita Picture. Africa: consumption expenditure per capita

Rating of consumption expenditure in Africa

Rating of consumption expenditure in Africa, 2015
#Areabln. US dollars%
Africa1 891.4100
subregions
1Northern Africa642.134.0
2Western Africa548.029.0
3Southern Africa280.414.8
4Eastern Africa265.514.0
5Middle Africa155.38.2
countries
1 Nigeria418.622.1
2 Egypt297.215.7
3 South Africa254.413.5
4 Algeria102.35.4
5 Sudan80.74.3
6 Morocco80.34.2
7 Angola71.83.8
8 Kenya59.53.1
9 Ethiopia46.92.5
10 Libya42.92.3
11 Tunisia38.72.0
12 Tanzania34.21.8
13 Ghana31.81.7
14 D.R. of the Congo31.61.7
15 Cameroon25.61.4
16 Côte d'Ivoire24.11.3
17 Uganda21.61.1
18 Zimbabwe15.20.80
19 South Sudan14.70.78
20 Mozambique13.90.74
21 Zambia13.70.72
22 Senegal12.70.67
23 Mali11.70.62
24 Namibia10.30.54
25 Mauritius10.20.54
26 Botswana9.60.51
27 Guinea9.20.49
28 Madagascar9.10.48
29 Chad8.60.46
30 Burkina Faso8.60.46
31 Rwanda7.50.40
32 Gabon7.30.38
33 Benin7.00.37
34 Malawi6.00.32
35 Niger6.00.32
36 Sierra Leone4.80.25
37 Eritrea4.70.25
38 Equatorial Guinea4.40.23
39 Togo3.80.20
40 Mauritania3.80.20
41 Congo3.80.20
42 Swaziland3.60.19
43 Burundi3.10.16
44 Liberia2.80.15
45 Lesotho2.50.13
46 Central African Republic1.80.093
47 Djibouti1.60.082
48 Cabo Verde1.30.069
49 Somalia1.10.057
50 Seychelles1.00.054
51 Gambia0.950.050
52 Guinea-Bissau0.910.048
53 Comoros0.730.038
54 Sao Tome and Principe0.340.018
Picture. Africa: structure of consumption expenditure by subregions, 2015, % Picture. Africa: structure of consumption expenditure by leaders, 2015, %

© Ivan Kushnir

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