This video compares South Africa, Nigeria, and Ethiopia using the most important aspect in the economy which are GDP, Total export, Military spending, and population.
South Africa's Gross Domestic Product almost tripled to peak at $400 billion in 2011 but has since declined to roughly $385 billion in 2019. In the same period, foreign exchange reserves increased from $3 billion to nearly $50 billion creating a diversified economy with a growing and sizable middle class, within two decades of ending apartheid.
Nigeria ranked as the 27th-largest economy in the world in terms of nominal GDP, and the 24th-largest in terms of purchasing power parity.] Nigeria has the largest economy in Africa; its re-emergent manufacturing sector became the largest on the continent in 2013, and it produces a large proportion of goods and services for the West African subcontinent. In addition, the debt-to-GDP ratio is 16.075 percent as of 2019.
Ethiopia has one of the fastest-growing economies in the world and is Africa's second-most populous country.[22] Many properties owned by the government during the previous regime have now been privatized and are in the process of privatization.Almost 50% of Ethiopia's population is under the age of 18, and even though education enrollment at primary and tertiary level has increased significantly, job creation has not caught up with the increased output from educational institutes.
Source: Worldbank and Wikipedia
Music: Long Road -Copyright-Free-Cinematic
Long Road-Copyright-Free-Cinematic ([ Ссылка ]) is part of the YouTube Audio Library ([ Ссылка ]...) and it's licensed under a Creative Commons license
Tumblr URL : [ Ссылка ]...
Facebook URL: [ Ссылка ]...
Tweet us at URL: [ Ссылка ]
Tumlr.com URL: [ Ссылка ]
