United States. List of Countries by Personal Income Tax Rate - provides a table with the latest tax rate figures for several countries including actual values, forecasts, statistics and historical data. Rep. Congo, Rep. Cote d'Ivoire; Equatorial Guinea; Eritrea; Eswatini; Ethiopia; Gabon; Gambia, The; Ghana; Guinea; Guinea-Bissau; Kenya; Les… To better understand the situation in Uganda, in sub-Saharan Africa, researchers used the Iganga-Mayuge Health and Demographic Surveillance System (IMHDSS) to screen for cerebral palsy in children ages 2–17 in a rural eastern district of the country. The world’s Middle Income Countries (MICs) are a diverse group by size, population, and income level. Extreme income inequality is found in the country. Higher-educated migrant workers in high-income countries are also less likely to attain jobs in higher occupational categories. Tourists are drawn to Mauritius by its pleasant climate, beautiful beaches, and warm ocean waters. The country's economy relies greatly on hydrocarbons (petroleum and natural gas). Gabon is the fifth largest oil producer in Africa and has one of the highest urbanization rates … The country is known for its reputation as a stable democracy. It ranks ninth on this list with a per capita GDP of $12,994. However, among the 30 that are low income, 18 can be found on the African continent. The lower-middle-income nations have GNI per capita of $1,026 to $4,035. 11,352 0.251 12 108 9,792 Libya: 1.3 63.8: 34.9 2017 est. Despite the abundant natural resources and nearness to the sea, overpopulation, desertification and decreasing water levels of the Nile are the major factors threatening the Egyptian economy. Although Equatorial Guinea has the highest GDP per capita in Africa, there is great disparity in the distribution of income in the country. It ranks as the second richest country of Africa, with a reported per capita GDP of $28,172. Algeria is second to none in terms of the … The gap in internet speeds is widening between low and high income countries. As of 2012, Africa had 1.07 billion people living in the 54 countries of the continent. In our comparison over 78 countries, the USA comes 9th with an average income of 65,760 USD. Algeria. It is made up of around 115 small islands. The country has a mixed type of economy with a relatively high GDP compared to other African countries. Equatorial Guinea is a country in Central Africa. Botswana is located in southern Africa. This desert and oil-rich country in the Maghreb region in Africa is mostly known for four decades of rule by Muammar Gaddafi and the chaos that followed after his death. Country GNI per capita (US$) Year 87 Colombia: 6,510: 2019 88 Equatorial Guinea: 6,460: 2019 89 Belarus: 6,280: 2019 90 Bosnia and Herzegovina: 6,150: 2019 91 Ecuador: 6,080: 2019 92 South Africa: 6,040: 2019 93 North Macedonia: 5,910: 2019 94 Fiji: 5,860: 2019 95 Iraq: 5,740: 2019 96 Tuvalu: 5,620: 2019 97 Suriname: 5,540: 2019 98 Paraguay: 5,540: 2019 99 Iran: 5,420: 2017 100 Burkina Faso. The unemployment rate in Namibia is also high, at around 27.4%. Germany, US, Japan, and China are the biggest trade partners of South Africa outside of Africa. Gradual improvements in the South African economy have occurred since then. Gabon. All figures are from the 2017 International Monetary Fund data. Currently, Equatorial Guinea is the richest country in Africa, with a per capita income of $34,865. The infiltration of terrorist groups and internal rebellions also serve to damage the country’s economic stability. Tunisia is a North African country. Have you ever wondered how intelligent your country is compared to other African countries? The worldwide highest income is earned in Monaco. Bolivia. Mining, agriculture, manufacturing, and tourism all play significant roles in the country's economy. The highest percentage composition of GDP from a sector of origin (agriculture, industry or services) is bolded. This is a list of African countries by Gross Domestic Product (GDP) per capita based on purchasing power parity (PPP). It has been independent since 1968 and has a population of around 1.3 million. The United States, with its 326.7 million people, tops the list with a disposable … 1,199,013 4.1 9 100 11,987 Tunisia: 10 25.9 63.5: 2017 est. However, the oil production in Gabon is declining and might soon run out. A country's level of development is now classified in a different way. However, it is also estimated that the disparity in income will deter the wealth distribution among the people of the continent. A low population of 1,475,000 and a high amount of oil revenue explains Gabon's position on the list of richest countries. List of African countries by GDP per capita. Well, wonder no more. Mauritius is the third richest country in Africa with a GDP per capita of $21,628. Cairo is the capital of the country. The remittances of these workers contribute to the wealth of the nation. Source: International Monetary Fund World Economic Outlook (October-2019) Date: 29 Feb 2020: Top Statistics Coronavirus Pandemic (COVID-19) Countries by GDP Growth 2020. Before tourists began to visit the country, plantations used to drive the economy of Seychelles. The country is relatively small, covering only around 10,830 square miles. The population of the country is approximately 1,222,245. The gross national income (GNI) is calculated by adding gross domestic product to factor incomes from foreign residents, then subtracting income earned by non-residents. Algeria. Cameroon. It ranks fourth on this list with an average GDP of $19,266. With a population of only 92,000, it has the tiniest population of any country in Africa. In recent decades, the government has tried to come up with initiatives to reduce the dependence on tourism. The economy of Gabon centers around oil. Namibia is sparsely populated, with a population of around 2 million. GDP (PPP) Per Capita: $7,541.85. Metals and gemstones are important to the economy of Botswana and include resources such as uranium, gold, diamonds, and copper. Another Arab nation, Algeria is located in … A Central African country, Gabon is located on the West African coast and is bordered by Equatorial Guinea, Cameroon, and the Republic of the Congo. Capital: Algiers. The high-income group has the highest income globally, with a GNI per capita of at least $12,476. Although agriculture used to play an important role in the country's economy, its importance has decreased. GDP (PPP) per capita and total GDP estimate values are given in international dollars. Tourism is one of the biggest revenue-generating industries in South Africa. The economy of Egypt depends on agriculture, tourism, natural gas, and petroleum, as well as revenues from the Suez Canal. Burundi. Again, it is important to note that income inequality is not taken into consideration when the per capita GDP is reported. The average income is calculated by gross national income and population. Per Capita – $4,229.78. Considered the richest African country in terms of GDP per capita, Equatorial Guinea maintains the GDP (PPP) per capita of … Today, the per capita income in Tunisia is $11,987, Africa's 9th highest. The economy of Botswana grew very quickly. Some of the highest mortality rates in the world are all countries on the African continent. South Africa is among the top 10 countries in the world for income inequality. … By Oishimaya Sen Nag on September 14 2020 in Society. Global Ranking: 53rd. ALGERIA (GDP: $172.781 Billion) GDP: $172.781 Billion (nominal, 2019 est.) Cambodia. Although the per capita GDP is very high, it has been noted that many residents of Equatorial Guinea lack basic rights such as access to clean water. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - List of Countries by Personal Income Tax Rate. However, some of these countries have the fastest-growing economies. Sierra Leone. The Gabonese government has been accused of overspending. The 1970s saw a period of unstructured growth for the economy of the country. Seychelles is also an island country in the Indian Ocean. The economic disparity among South Africa’s population is primarily a result of the apartheid regime in the country which ended in 1994. It is considered to be a middle-income country. In fact, approximately 62% of all maternal deaths worldwide occur there. It has a low level of foreign debt. As of November 2020, 77 countries and territories are classified by the World Bank as high-income countries. Forecasts predict that the African economy will reach a GDP of $29 trillion by 2050. It is the 6th richest country in Africa with a GDP per capita of $15,000. For operational and analytical purposes, economies are divided among income groups according to 2019 gross national income (GNI) per capita, calculated using the World Bank Atlas method. Here we discuss the ten richest countries in Africa in terms of GDP per capita, and the nature of their economies. The WB categorise economies across the world according to a four-tier ranking: high, upper-middle, lower-middle and low income. Many goods that are consumed within the country are imported, which contributes to their high costs. The World Bank classifies the world's economies into four income groups — high, upper-middle, lower-middle, and low. Looking at remittances as a share of GDP, Comoros has the largest share, followed by the Gambia , Lesotho, Cabo Verde, Liberia, Zimbabwe, Senegal, Togo, Ghana, and Nigeria. Algeria - $15,000. According to data gotten from IQ-research.info, citizens of Sierra Leone have the highest IQ in Africa, making them the smartest in Africa, they are closely followed by Mauritius, Seychelles, Eritrea and Morocco. Mauritius is an island country located in the Indian Ocean off the southeast coast of the African continent. South Africa, the southernmost country on the continent, is bordered by Namibia, Zimbabwe, Botswana, Swaziland, Lesotho, and Mozambique. The classifications are updated each year on July 1 and are based on GNI per capita in current USD (using the Atlas method exchange rates) of the previous year (i.e. 87,067 GDP – $183.687 Billion. Botswana. Algeria, the largest country in Africa by land area, is located in the northern part of … Updated country income classifications are available here. However, in recent years, the economy has diversified. The economy of Mauritius is centered around tourism. A large number of Egyptians also work abroad. Egypt borders the Gaza Strip, Israel, Red Sea, Gulf of Aqaba, Sudan, and Libya. Apart from oil export tourism has played a major role is skyrocketing the economy of the country and do not f… Sub-Saharan Africa (excluding high income) Angola; Benin; Botswana; Burkina Faso; Burundi; Cabo Verde; Cameroon; Central African Republic; Chad; Comoros; Congo, Dem. The country that leads the list is Sierra Leone, an African nation, with a maternal mortality rate of 1,360 deaths per 100,000 births. They are defined as lower middle-income economies - those with a GNI per capita between $1,036 and $4,045; and upper middle-income economies - those with a GNI per capita between $4,046 and $12,535 ().Middle income countries are home to 75% of the world’s population and 62% of the … The rich oil and gas producing country runs on a diversified economy with some key exports being depended on such as phosphates, agri food products, chemicals, textiles among others. Low-Income Countries COVID-19 Pandemic in Developing Countries This conference is planned to open avenues of communication between the IMF and stakeholders in developing economies to better understand the impact of the crisis and also between low income countries and middle income emerging markets given that these country groups are facing increasingly similar challenges. In the United States and Finland, for example, while the share of migrant workers with secondary school education is 78 per cent and 98 per cent, respectively, the share of migrant workers in high- or semi-skilled jobs are only 35 per cent and 50 per cent. It is the third richest country in Africa with a GDP per capita of $21,628. Rep. Malawi: Sudan: Congo, Rep: Mali: Tanzania: Côte d'Ivoire: Mauritania: Togo: Equatorial Guinea: Mauritius: Uganda: Eritrea: Mozambique: Zambia: Eswatini: Namibia: Zimbabwe 27,451 0.792 11 106 9,882 Eswatini (Swaziland) 6.5 45 48.6: 2017 est. 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Fishing and the processing of natural resources such as coconut also play an important role. “Of the Africa’s 54 countries, 48 are in sub-Saharan Africa and six in North Africa; 26 are middle-income countries, 34 LdCs, one is a high-income country, 16 are land-locked developing countries and six are Small Island developing states.” Reads the report. See Also: » African countries by GDP » Asian countries by GDP per capita Finally, low-income countries have GNI per capita of $1,025 per less. Namibia can be found in Southern Africa. Bosnia and Herzegovina. Updated country income classifications for the World Bank’s 2020 fiscal year are available here. However, income inequality is also rampant. GDP – $43.02 billion, GDP (PPP) Per Capita: $11,400, Population: 11,431,780Tunisia has one of the best run economies in the continent. However, similar information is lacking for low- and middle-income countries. Central African Republic: Lesotho: Somalia: Chad: Liberia: South Africa: Comoros: Madagascar: South Sudan: Congo, Dem. Dependent territories (not sovereign states) have their names in italics and are not ranked. Equatorial Guinea ranks 136th on the UN's Human Development Index. On dividing all annual incomes and profits by the amount of the countrie's population, it will … And even with the current political chaos and deteriorating security, the average monthly net salary after tax in Libya is $1,713.77, far better than all other African countries, even those with stability. With a per capita GDP of $11,528, it is the tenth richest country in Africa. South Africa: 2.8 29.7 74.2: 2017 est. Like Seychelles, the economy of Mauritius is also centered around tourism. Business Insider Sub-Saharan Africa by Pulse looks at 10 African countries with the highest annual personal income tax rates: 10 African countries with the highest personal income tax Throughout its history, the country has been colonized by the Dutch, French, and British. 2019 in this case). This table may be more easily updated if the rank-order column (1,2,3) is. The smallest budget per capita exists in the Democratic Republic of the Congo. It comes in first place with a GDP per capita of $34,865. It has been applauded for its free economy. Algeria, the largest country in Africa by land area, is located in the northern part of the continent. Traditionally, the state has played a large role in the economy of Algeria. The upper-middle-income group has per capita incomes between $4,038 and $12,475. The country's economy is largely based on tourism. Brazil. Tourism is one of the biggest contributors to the country's GDP. This page provides values for Disposable Personal Income reported in several countries part of Africa. Botswana is also home to a highly sophisticated banking system. Much of Tunisia's economy is dependent on industries such as oil, tourism, and automobile parts. Remittances to Sub-Saharan Africa grew almost 10 percent to $46 billion in 2018, supported by strong economic conditions in high-income economies. Libreville is the capital and biggest city of the country. The low population helps keep the GDP per capita relatively high. Despite the certainty that it experiences a high incidence of corruption, Equatorial Guinea is one of the oil-rich African countries that have made good use of their mineral potentials. Agriculture, trade, and natural resources are the major components of the African economy. 136,797 2.333 10 102 11,528 Namibia: 6.6 25.8 67.6: 2017 est. However, many of its residents continue to live in poverty. 761,826 0.695 8 92 12,994 Egypt: 11.9 33.1 55.7: 2017 est. The groups are: low income, $1,035 or less; lower middle income, $1,036 - 4,045; upper middle income, $4,046 - 12,535; and high income, $12,536 or more. Nonetheless, it ranks eighth on the list with an average per capita income of $13,403. Furthermore, there is a monopoly over many commodities, which also further escalates this cost. It has a population of around 2.1 million, and a land area of around 224,610 square miles. Although it has been suspected that Seychelles may harbor offshore oil reserves, to this date none have been found. Seychelles is characterized as a highly developed country. Despite this fact, South Africa has high rates of unemployment, poverty, and a wide gap between the rich and the poor. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Disposable Personal Income. All maps, graphics, flags, photos and original descriptions © 2020 worldatlas.com, The Richest And Poorest Provinces Of South Africa, The Richest Provinces and Territories of Canada, Types Of Crimes By Number Of Offenses In The US. The World Bank assigns the world’s economies to four income groups—low, lower-middle, upper-middle, and high-income countries. Developed countries are usually classified as high-income countries. Cabo Verde. Egypt is a transcontinental country with territories stretching from Africa’s northeast corner to Asia’s southwest corner across the Sinai Peninsula. Currently, several African countries are among the poorest in the world. Article: Cardiovascular Diseases in Sub-Saharan Africa Compared to High-Income Countries: An Epidemiological Perspective

Non-communicable diseases (NCDs) are the second common cause of death in sub-Saharan Africa (SSA) accounting for about 35% of all deaths, after a composite of communicable, maternal, neonatal, and nutritional diseases. The country has a population of over 40 million. Highest Maternal Mortality Rates. Seychelles ranks as the second richest country of Africa, with a reported per capita GDP of $28,172. The cost of living in Namibia is relatively expensive. The World Bank refers to Mauritius as an "upper-middle-income economy". Please update this article to reflect recent events or newly available information. Although Africa has abundant natural resources, a large section of the continent's population is poverty-stricken. We base this assignment on Gross National Income (GNI) per capita (current US$) calculated using the Atlas method. To date, unemployment rates remain high, especially among youth. 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