African Union GDP Per Capita 2013

The African Union (AU) is a continental union consisting of 55 member states located on the continent of Africa.  The AU's future goals include a customs union, a single market, a central bank, and a common currency, thereby establishing an economic and monetary union.

The African Union has been created a while ago actually in 2001. The African Union consists of 54 countries (52 states and 2 Kingdoms).

Update: African Union GDP Per Capita 2022

Although African Union is not so integrated so closely as European Union, with common parliament, money e.t.c. - I do believe that there might be some future prospects by doing it so.

Anyway - I decided to measure GDP per capita in African Union this time.

GDP per Capita in African Union 2012/2013

  2012 ($ thousands) 2013 ($ thousands) Growth ($) Percentage %
Equatorial Guinea 22391 20572 -1819 -8.12
Seychelles 11689 14220 2531 21.65
Libya 13303 12167 -1136 -8.53
Gabon 10930 11571 641 5.86
Mauritius 8862 9210 348 3.92
Botswana 7255 7317 62 0.85
South Africa 7314 6618 -696 -9.51
Angola 5539 5668 129 2.32
Namibia 5931 5492 -439 -7.40
Algeria 5310 5361 51 0.96
Tunisia 4197 4329 132 3.14
Cabo Verde 3554 3785 231 6.49
Egypt 3256 3314 58 1.78
Republic of the Congo 3154 3172 18 0.57
Morocco 2902 3109 207 7.13
Swaziland 3290 3034 -256 -7.78
Nigeria 2722 3010 288 10.58
Ghana 1646 1850 204 12.39
Sudan 1695 1753 58 3.42
Djibouti 1575 1668 93 5.90
São Tomé and Príncipe 1400 1610 210 15
Zambia 1463 1540 77 5.26
Côte d'Ivoire 1244 1521 277 22.26
Cameroon 1220 1315 95 7.78
South Sudan 974 1221 247 25.35
Lesotho 1135 1075 -60 -5.28
Senegal 1023 1072 49 4.78
Mauritania 1043 1070 27 2.58
Chad 1035 1046 11 1.06
Kenya 933 994 61 6.53
Zimbabwe 909 905 -4 -0.44
Comoros 831 894 63 7.58
Sierra Leone 633 809 176 27.80
Benin 751 805 54 7.19
Mali 696 715 19 2.72
Tanzania 609 695 86 14.12
Burkina Faso 652 684 32 4.90
Togo 589 636 47 7.97
Rwanda 623 633 10 1.60
Mozambique 570 593 23 4.03
Uganda 551 572 21 3.81
Eritrea 504 544 40 7.93
Guinea 493 527 34 6.89
Guinea-Bissau 494 504 10 2.02
Ethiopia 467 498 31 6.63
Gambia 510 494 -16 -3.1
Madagascar 443 471 28 6.32
Democratic Republic of the Congo 418 454 36 8.61
Liberia 414 454 40 9.6
Niger 395 413 18 4.55
Central African Republic 479 333 -146 -30.48
Burundi 251 267 16 6.37
Malawi 267 226 -41 -15.35
Sahrawi Republic (Western Sahara)        
Somalia        
  2840.26 2883.20 42.94 1.51

 

Data source: World Bank

  • Although Africa is home for about 900 millions people, their overall economy is pathetic modest - making average GDP per capita $2.883 thousands in 2013.
  • The highest GDP per capita is observed in Equatorial Guinea - $20.572 thousands, and it's the only one country in African Union with GDP per capita higher than $20 thousands
  • There are 3 more countries which GDP per capita is higher than $10 thousands -Seychelles, Libya and Gabon
  • The lowest GDP per capita - Malawi - modest $226 in 2013.
  • There are 24 states in African Union having less than $1 thousand GDP per capita

Map of African Union / GDP per capita 2013

Compared to average median GDP per capita in EU, African Union is about 10 times bellow EU.

Speaking of future forecasts - I believe that African continent once will leave in peace and prosperity, but I doubt that it will be by this decade, for sure. There might be some improvements in next (2020-2030) decade, for which fundamentals are layed in already today. Personally speaking - I have observed (on news portals) that China is making huge investments in African countries. So huge, that China is considered the largest Foreign Investor in China.

What's your thoughts? Do you believe that peace and prosperity is possible in Africa, or it's just like in the feature film - Blood Diamond (2006) with Leonardo Di Caprio - TIA (This is Africa - nobody cares about Africa)

Another interesting feature film what arises in my head - Lord of War, with Nicolas Cage - and again - This is Africa, the ammo truck is been formed as Umbrella's truck.

What's the main problem in poor African countries? Their own government or their own corrupt government? Maybe I'm wrong. Please share your thoughts!