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What is the GDP per capita of Zambia in 2021?

What is the GDP per capita of Zambia in 2021?

$1,121
Zambia gdp per capita for 2021 was $1,121, a 13.75% increase from 2020. Zambia gdp per capita for 2020 was $985, a 24.51% decline from 2019.

What is the average GDP of Zambia?

Gross Domestic Product (GDP) of Zambia

Year GDP Nominal (Current USD) GDP per capita
2017 $25,868,142,073 $1,659
2016 $20,954,754,378 $1,652
2015 $21,154,394,546 $1,641
2014 $27,150,630,607 $1,644

What does GNP per capita mean?

Long definition. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population.

What is the HDI of Zambia?

0.584
“As this report shows, Zambia’s human development index value for 2019 is 0.584. This puts the country in the medium human development category and at position 146 of the 189 countries and territories.

What is the GDP of Zambia 2022?

GDP in Zambia is expected to reach 27.00 USD Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia GDP is projected to trend around 27.00 USD Billion in 2023, according to our econometric models.

Why GNP per capita is important for any economy?

GNP per capita shows what part of a country’s GNP each person would have if this GNP were divided equally. Knowing a country’s GNP per capita is a good first step toward understanding the country’s economic strengths and needs, as well as the general standard of living enjoyed by the average citizen.

Is GDP per capita same with GNP?

Both measure the value of a country’s economic activity. The main difference is that GDP measures productivity within a country’s geographical boundaries and GNP records economic activity by that country’s citizens and businesses, regardless of location.

What is Zimbabwe’s HDI?

0.571
Zimbabwe’s HDI value for 2019 is 0.571— which put the country in the medium human development category—positioning it at 150 out of 189 countries and territories.

What is the poverty line in Zambia?

Zambia ranks among the countries with highest levels of poverty and inequality globally. More than 58% (2015) of Zambia’s 16.6 million people earn less than the international poverty line of $1.90 per day (compared to 41% across Sub-Saharan Africa) and three quarters of the poor live in rural areas.

How big is the Zambian economy?

$25.665 billion
$25.665 billion (nominal, 2022 est.) $75.690 billion (PPP, 2022 est.)

What country has the highest GDP per capita in Africa?

Seychelles
GDP per capita of African countries 2021. Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2021. The value amounted to 9.7 thousand U.S. dollars, which was remarkably close to the GDP per capita of Mauritius. Gabon followed closely with 8.6 thousand U.S. dollars.

Is Zambia one of the richest country in Africa?

In terms of total GDP (PPP INT$), Egypt wins out as the richest country in Africa for 2021. With 104 million people, Egypt is Africa’s third-most populous country. Egypt is also a mixed economy strong in tourism, agriculture, and fossil fuels, with an emerging information and communications technology sector.