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Africa Economic Statistics - Overview

> $7000 5.90% < $500 $3001 - $7000 22.20% 650 MILLION OF THE AFRICANS LIVE 40% INABSOLUTE POVERTY 14.90% NUMBER OF MOBILE PHONE SUBSCRIBERS IN AFRICA AFRICA PER CAPITA GDP & PERCENTAGE POPULATION OF THE AFRICANS LIVE 50% WITHOUT ELECTRICITY 167 MILLION 23.90% NUMBER OF INTERNET USERS IN AFRICA 32.60% $500 - $1000 $1001 - $3000 33% ADULTS IN SUB SAHARA AFRICA ARE ILLITERATE AFRICA ECONOMIC STATISTICS $1.8 TRILLION $107 BILLION The annual African GDP in USD under a large population of 1.1 billion Africans. The per capita annual gdp in Africa is $1200 USD. This figure is close to the size of the Indian economy with an annual GDP of $1.83 trillion USD and per capita GDP of $1491 USD. Africa may be the next China. This is the size of financial service industry in Africa. It experienced record growths thanks to an influx of foreign investment and innovations such as money transfer via mobile phones. However this indusry is stil too small to help propel Africa into the 21st Century. AFRICAN ECONOMIC REALITY AND MARKET POTENTIAL SOURCE • World Bank • Wikipedia • Africanlibraryproject.org • Smartplanet.com • Tradingeconomics.com • Dennis Pan 2013

Africa Economic Statistics - Overview

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Describe African economic reality and market potential. Reality is harsh, and for example 50% of Africans live without electricity. But market potential is good, with 650 million cell phone users an...

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Dennis Pan

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Economy
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