Sign in
Download Opera News App

 

 

The 10 Most Developed Countries in West Africa, Check Out Nigeria's Position!

10. Togo

Investments in infrastructure, energy and transport increased the investment rate from 12% to 26% of GDP over the period from 2012 to 2015 and we boosted economic growth by 1.5% for 2020. With a Gross Domestic Product (GDP) estimated at 6 billion dollars for a population of 7.4 million inhabitants and a gdp/h of 672 dollars.


9. Niger

Despite a tough global climate, economic growth picks up with a gross domestic product of 10,35 billion dollars.


It could decline from 2.5 percent in 2018 to 6.5 percent in 2019, projected the IMF during a mission to Niamey. This growth is favored by a strong agriculture season and the construction of infrastructures that highlight the budget situation of the country as a whole, underlining a host of projects underlined by the IMF.


8. Guinea Conakry

With a GDP of $14.40 billion estimated and a GDP/capita estimated at $860.60. Reforms aimed at improving industries have kept economic growth stable. The projected economic growth in 2019 was 6.0%. With telephony, the tertiary industry and the construction of Conakry 's autonomous port.


7. Benin

With an estimated $15.48 billion in GDP and a 901.54 dollars in GDP/inhabitants. Its economic growth remains robust, with public investments rising partly in 2019, from 21 percent of GDP in 2017 to 29.6 percent in 2019, projected at 6.7 percent in 2019. The market, the cotton processes and its autonomous port dynamism are also involved.


6. Burkina Faso

The growth of GDP is forecast at 6.8% in 2019 with a secondary 8.3% growth rate, private consumption 7.5%, abuse 6.6% and public consumption 6%, with a forecast GDP of $15.85 billion and GDP per head of estimated $715.12 per person. In the agricultural sector, the authorities have taken action.


5. Mali

Despite the security crisis, the Malian economy reported 5 % growth, powered by good cotton advantages, with estimated $19.2 billion in GDP and estimated $900 in GDP/inhabitants, in 2019. The state set up a restructuring project with 5,500 billion road infrastructures and others, reflecting 3,1 percent of the GDP budget deficit and inflation of 0,4 percent.


4. Senegal

It is projected that GDP amounts to $25.77 billion and GDP/population to $1521.95. At the beginning of 2015, real GDP growth remained above 6% in line with the 2014-2015 emerging Senegal programme. In 2018, spending in the area of infrastructure , agriculture and electricity sustained a budget deficit of 6.8% over and above the convergence by the EU of 3%, at 3.8% of GDP in 2019 and 2020.


3. Ivory Coast

It is projected that GDP is projected at $48.35 billion with GDP/population estimated at $2,500.53. There are still positive indicators in the economy. Real GDP growth in 2018 and 2019 stood at 7.4% and, under assumption of favourable rainfall and trade conditions, could remain above 7.0% in the period 2020-2021. Due to the dynamism of the agric food industry, buildings and public works, the primary sector remained the major driver of growth of 4,3% in 2018, and industry contributed 1.5% in 2018 thanks to good rainfall and the state distributed seeds.


2. Ghana

With a GDP of an estimated $69.79,000. With an expected GDP growth of 7.1 per cent Ghana 's economy continues to expand in 2020. In 2017 Ghana has been ranked among the ten African countries with growth, with an annual average growth of 2.6 percent due to a rise in private consumption.


1. Nigeria

With an estimated GDP of 494.83 billion dollars and a GDP/inhabitant of 2026.33 dollars. Real GDP growth was estimated at 2.3% in 2019 or 1 9% in 2018 thanks to the transport, oil and digital communication sector as well as household consumption.

What's your opinion about this countries? please like and share with others so that they can also share their thoughts with us

Content created and supplied by: Topstories_45 (via Opera News )

Guinea Conakry IMF Niger Nigeria Togo

COMMENTS

Load app to read more comments