Growth in GDP per capita often corresponds to an increase in individual income and consumption. This implies that, on average, people in the country are better off than they were the previous year.

Africa’s richest countries in 2024, based on World Bank nominal GDP per capita figures, reflect both progress and persistent disparities ...

The importance of a robust and positive GDP growth rate in African countries cannot be stressed enough. It is a key indicator of economic health, suggesting development, increased affluence, and more ...

And it is incredibly prosperous. The International Monetary Fund ranks it as the country with the second-highest gross domestic product per capita in the world. I rank it first because the only one ...

The GDP growth in the second quarter was better than the 7.8 per cent of the preceding three months and 5.6 per cent in the ...