Gross Domestic Product (GDP) in Africa
GDP of Africa, 1970-2015
During 1970-2015 GDP of Africa in current prices increased by 2 173.9 billion US dollars (in 21.1 times) to 2 281.9 billion US dollars; change occurred by 242.5 billion US dollars by increasing of people by 819.3 million, as well as by 1 931.4 billion US dollars by increasing of GDP per capita by 1 631.0 US dollars. The average annual growth of GDP of Africa was 48.3 billion US dollars or 7.0%. The average annual growth of GDP of Africa in constant prices was 3.5%. Share in the world fell by 0.10%. Minimal GDP was in 1970 (108.0 billion US dollars). Maximal GDP was in 2014 (2 514.6 billion US dollars).
During 1970-2015 GDP per capita in Africa increased by 1 631.0 US dollars (in 6.5 times) to 1 927.0 US dollars. The average annual growth of GDP per capita in current prices was 36.2 US dollars or 4.3%.
Change of GDP of Africa described by linear regression model: y=42.9x-84 690.8, where y - estimated value of GDP of Africa, x - year. Correlation rate = 0.855. Determination rate = 0.732.
GDP of Africa, 1970
GDP of Africa in 1970 was 108.0 billion US dollars. Share of Africa in the world GDP was 3.2%.
GDP per capita in Africa in 1970 was equal to 296.0 US dollars. GDP per capita in Africa was less than GDP per capita in the World (924.0 US dollars) by 628.0 US dollars.
GDP of Africa, 2015
GDP of Africa in 2015 was equal to 2 281.9 billion US dollars. Share of Africa in the world GDP was 3.1%.
GDP per capita in Africa in 2015 was 1 927.0 US dollars. GDP per capita in Africa was less than GDP per capita in the World (10 098.0 US dollars) by 8 171.0 US dollars.
Size of GDP in Africa
|current prices||108.0||556.8||549.1||650.0||1 941.5||2 281.9|
|2005||357.3||535.7||672.0||854.0||1 426.8||1 668.7|
Growth of GDP in Africa
GDP per capita in Africa
Structure of GDP in Africa
|Year||consumption expenditure||capital formation||net export|
|total||household expenditure||government expenditure||total||fixed capital formation|
Rating of GDP in Africa
|#||Area||bln. US dollars||%|
|12||D.R. of the Congo||37.6||1.6|
|47||Central African Republic||1.6||0.072|
|54||Sao Tome and Principe||0.33||0.015|
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