Namibia can be found in Southern Africa. It is considered to be a middle-income country. In 2019, the country's GDP increased to 119,719 USD. Seychelles is characterized as a highly developed country. Richest Tribes in Africa… Africa is one of the continents with different ethnic groups each with its own languages and culture.Africa is said to have over 3,000 tribes. Which is the richest country in the world 2020? The country’s port serves as the second busiest port in the world by cargo tonnage. Fishing and the processing of natural resources such as coconut also play a part. To date, unemployment rates remain high, especially among youth. It is difficult to determine what exactly the median income for those living in Equatorial Guinea would be, as access to the country is still rather limited. Related Article: How To Start Palm Oil Business In Nigeria. 18. The economy of Botswana grew very quickly. The list of Richest Billionaires in Africa 2019 as published by Forbes is out and Nigeria’s Aliko Dangote remains on top of the list.. Aliko Dangote, Richest Man in Africa This year’s list shows that the number of African billionaires shrunk to 20 down from 23 a year ago. Africa is a continent of majesty to behold, filled with adventure and history. Nowadays, Namibia is seen as a developing country with some serious potential. Which country will be the richest in 2050? Back in 2017, Norway's GDP registered as 74,571 USD. Before tourists began to visit the country, plantations used to drive the economy of Seychelles. The last country on our list and the richest country in Africa in terms of per capita income is Equatorial Guinea. 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. The country promotes innovation and entrepreneurship. However, it is also a country that remains plagued by income disparity. Namibia - $11,528 Aerial View of Namibia's Capital Windhoek. The country is Africa’s largest crude oil exporter, recording production about 1,6 million barrels a day in December of 2019. Mauritius is an island country located in the Indian Ocean off of the southeast coast of the African continent. And the United States had the largest economy, ranked by total GDP. It ranks ninth on our list with a per capita GDP of $12,994. Once upon a time, Egypt was an economic wonder because of the Nile, which often enabled Egyptians to produce huge surpluses. Which was the richest country in the world 2019? Seychelles is the richest nation in Africa by GDP per capita, and it ranks high worldwide as well. Richest African Countries 2019. Like many countries on this list, it is considered by the World Bank to be an upper middle country. Algeria does well enough. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Nigeria is the richest country in Africa based on GDP in 2019. What Does it Cost to Stay in a Retirement Home? The Five Best Lexus Hatchback Models of All-Time, The Five Best Chopard Chronometer Watches Money Can Buy, The History of the Cartier Pasha Seatimer, A Buyer’s Guide for the Cartier Roadster Chronograph, How G Herbo Achieved a Net Worth of $2.5 Million, How Young Dolph Achieved a Net Worth of $3 Million, How Linus Torvalds Achieved a Net Worth of $150 Million, How Shemar Moore Achieved a Net Worth of $22 Million. Tunisia is a country found in north Africa. Algeria. South Africa is a country with a mixed economy that isn’t too reliant on a single thing. Traditionally seen by the West as one of the world’s poorest continents, there’s unquestionably an extreme amount of poverty in Africa. In fact, the situation is so bad that the World Bank actually named it the country with the worst income inequality in the entire world in 2018. Something that can be traced to the not too distant past. Seychelles – Richest Country In Africa. 1 spot as the richest country in the world, the constitutional monarchy’s economy is necessarily diversified. The economic disparity among South Africa’s population is primarily a result of the apartheid regime in the country which ended in 1994. The population measures at around 1,222,245. Algeria , the largest country in Africa by land area, is located in the Northern part of the continent. Botswana. Image credit: Nate Hovee/Shutterstock.com. Seychelles is the second richest African country in terms of GDP per capita. Seychelles is home to fewer than 100,000 people. Much of Tunisia’s economy has longtime been dependent on industries such as oil, tourism, and automobile parts. There is a common perception that Africa is rich in resources but has failed to use them to fund the creation of prosperous societies. All figures are from the 2017 International Monetary Fund data. Germany, US, Japan, and China are the biggest trade partners of South Africa outside of Africa. However, income inequality is also rampant. Never mind how the institutions that create and maintain prosperous societies can’t spring into existence ex nihilo. All figures are from the 2017 International Monetary Fund data. Qatar is the richest country in the world in 2020 with a GDP per capita of 138.91 thousand international dollars. With that said, much of the Tunisian economy rests on energy and tourism. This is a list of List of Richest Countries In Africa as of 2020.Mauritius, Seychelles, and Equatorial Guinea are the richest countries in Africa according to the latest research. Currently, Equatorial Guinea is the richest country in Africa, with a per capita income of $34,865. Currently, Equatorial Guinea is the richest country in Africa, with a per capita income of $34,865. Seychelles is considered as a highly developed country and is the second richest country in Africa according to GDP per capita, however, income inequality is also a huge problem. However, it has a number of serious issues as well, which range from severe income disparity to a very high unemployment rate. The infiltration of terrorist groups and internal rebellions also serve to damage the country’s economic stability. The country has emerged as one of the fastest-growing economies in sub-Saharan Africa. The 1970s saw a period of unstructured growth for the economy of the country. Unfortunately, it doesn’t seem as though the country’s rulers are bothering to make a lot of improvements in this regard. Qatar - $70,779. Thanks to rapid growth in the core sectors of tourism, finance, construction, and real estate, there’s a vast quantity of money tied up in some of the continent’s largest cities. Briefly.co.za made a list of the 10 African billionaires and their net worth. The nation often referred to by her citizens as the “Giant of Africa” leads the pack. The report notes that Namibia's wealth has grown by 26% from 2008 to 2018, adding that the country was recently rated by New World Wealth as one of the safest countries in Africa. The World Bank refers to Mauritius as an “upper middle income economy”. ... April 2019. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. The West Asian nation of Qatar, located in the Arabian Peninsula’s northeastern coast, is the richest country in Asia with a GDP per capita of $70,799 USD. How Often Should You Use Your Credit Card to Keep it Active? Although it has been suspected that Seychelles may harbor offshore oil reserves, to this date none have been found. With a per capita GDP of $11,528, it is the tenth richest country in Africa. Who Makes Lexus Cars and Where are They Made? With a population of only 92,000, it has the tiniest population of any country in Africa. It has been independent since 1968 and has a population of around 1.3 million. The prevailing favourable microeconomic environment that was witnessed from 2018-2019 was a huge driver in this growth. Gabon. Furthermore, there is a monopoly over many commodities, which also further escalates this cost. In comparison, in South Africa there are 2 070 multi-millionaires, 39 200 high-net-worth individuals, 94 centi-millionaires and five billionaires. To say more correctly the country is made up of 115 small islands. Seychelles is an archipelago in the Indian Ocean which is home to some 100 000 people. It is the seventh-largest country in Africa, bordered by Namibia to the south, the Democratic Republic of the Congo to the north, Zambia to the east, and the Atlantic Ocean to the west. The majorly export agricultural and crude commodities such as coffee, cotton, cashew nuts, gold, diamonds and tobacco among others. Over the last forty years, the country has been quite dependent on oil to sustain its economy. Zambia It ranks as the second richest country of Africa, with a reported per capita GDP of $28,172. … However, it has one of the highest GDPs per capita on the entire African continent, which can be attributed in considerable part to its tourism sector. Equatorial Guinea is a tiny country with a big oil sector. With a per capita GDP of $11,528, it is the tenth richest country in Africa. The total wealth held in Africa rose by a modest 14% over the past 10 years (2008-2018) with three of the largest economies on the continent, South Africa, Egypt and Nigeria performing poorly on most economic indicators according to the AfrAsia Africa Wealth Report 2019, released today by Mauritius based AfrAsia Bank. The country has a population of over 40 million. How often do you ask Which country is the poorest in Africa? Richest countries in Africa: Agriculture, human resources, and industry are the major components of the African economy. Still, Egypt remains one of the wealthier African countries when gauged using GDP per capita. Norway. Said country is seeking to bridge the gap between its rich and its poor, but it remains to be seen how well it will be able to do so in the times to come. Although the country’s GDP is very high, it has been noted that many residents of Equatorial Guinea lack basic rights such as access to clean water. However, in recent years, the economy has diversified. South Africa – $13,403. Some examples range from high child mortality rates to a very poor human rights record. In recent decades, the government has tried to come up with initiatives of how they can reduce their dependence on tourism. However, it faces the same issues as a number of other countries in the same situation, with an excellent example being its income inequality. Namibia can be found in Southern Africa. Kenya it is. Metals and gemstones are important to the economy of Botswana, and include resources such as uranium, gold, diamonds, copper, and, to a lesser extent, gold. Kenya Airways appointed Allan Kilavuka as the group managing director and chief executive officer on April 1 2020.... 2020 Bizna Digital Services | All rights reserved. Today, the per capita income in Tunisia is $11,987, Africa’s 9th highest. Currently, a number of African countries are among the poorest while others have some of the fastest growing economies in the world. It is relatively small, covering only around 10,830 square miles. Many goods that are consumed within the country are imported, which contributes to their high costs. Cairo is the capital of the country. 10. Namibia can be found in Southern Africa. 2019 15 Uganda: 123.653: 2020 16 Cameroon: 100.604: 2019 17 Democratic Republic of the Congo: 83.151: 2019 18 Zambia: 75.857: 2019 19 Senegal: 66.438: 2020 20 Madagascar: 53.409: 2020 21 Burkina Faso: 48.553: 2020 22 Mali: 48.443: 2020 23 Mozambique: 45.990: 2020 24 Botswana: 43.907: 2019 25 Gabon: 38.582: 2018 26 Equatorial Guinea: 37.689: 2012 27 Zimbabwe: 35.565: 2018 28 … This site uses Akismet to reduce spam. The GDP of Norway ranks as the second-largest in the world. Please enter your username or email address to reset your password. In 2019, Kenya made a huge step towards being one of the richest countries in Africa based on GDP by posting a 5.7% growth. Top 5 richest Arab countries in the world (Updated 2019). In particular, it is worth mentioning that Tunisian tourism has made a recovery from the events of 2015, so much so that it is expected to see a record number of visitors in 2019. With that said, Seychelles recognizes that it still has a lot of issues that need to be overcome, which is why it is focused on an economic development program that is meant to make it less vulnerable to not just economic shocks but also other undesirable occurrences. Equatorial Guinea is a small country located on the west coast of central Africa. Again, it is important to note that income inequality is not taken into consideration when per capita GDP is reported. Namibia – $11,528. SOUTH AFRICA 4. The 20 Best Things to Do in Park City, UT for First Timers, A Traveler’s Guide to Hiking in Melbourne, Australia, The 10 Best Lexus Hybrid Cars Money Can Buy. Africa is one of the richest continents in the world in terms of land-soil, favorable weather, and many more, but has rich as the continent is, its totally different story to most countries as Africa serve has to site for some of the poorest countries in the world. Nigeria or the Federal Republic of Nigeria. For proof, these are the 10 richest countries in Africa listed by World Atlas, which in turn, is using data on GDP per capita from the International Monetary Fund for 2017: The Republic of Namibia came into existence in 1990. Recently, some of the African countries were recorded to have a higher gross national income per capita than Asian countries like India and China. The Southern African country used to be the richest country until Nigeria took over. However, it is a good example of GDP per capita’s limitations in gauging the economic health of a country, seeing as how it suffers from horrendous income inequality as well as a host of other ills. Libya. The country is also home to a highly sophisticated banking system and a low level of foregn debt. In the present time, Egypt is struggling with various issues such as political instability and the drying up of the Nile, which are hindering it from reaching its true potential. 1. With the declining state of oil production in Gabon, it is still one of the highest producers of oil in sub-Saharan Africa. But more recently, it is trying to diversify and branch out into many other areas so as to have a diversified economy. Libreville is the capital and biggest city of the country. The country exports certain textile and clothing products as well. 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. Which country is the richest in Africa 2019? Despite this fact, South Africa has high rates of unemployment, poverty, and a wide gap between the rich and the poor. How to apply, KDF mass recruitment dates, vacancies, requirements and venues, Emirates Introduces Special Fares for Kenyans this January, Octagon and National Bank Partners With Costa Homes to Enhance Safety of Buyers of Affordable Housing, Career profile of Kenya Airways CEO Allan Kilavuka, Kenyan woman who built parents house in 2012 finally builds her mansion, Marital problems After I Lost my First Wife to Cancer Solved, NMS to construct 62,000 rent or buy houses in Eastlands, A Mistaken Sex Message from My Husband, A Visit To Doctor Mugwenu Saved Our Marriage. The Gabonese government has been accused of overspending. The country’s economy is largely based on tourism, by an overwhelming margin. Egypt shares its borders with the Gaza Strip and Israel, the Red Sea, Gulf of Aqaba, Red Sea, Sudan, and Libya. However, its economy is very reliant on oil and gas, which is a huge problem because a fall in the prices for those commodities tends to have a horrendous impact on the economic well-being of its citizens. South Africa is one of the most developed country in Africa. It ranks fourth on this list with an average GDP of $19,266. A detailed list of the current top 20 poorest countries in Africa. South Africa. Richest Tribes in Africa Petroleum exports account for 10% of … Richest countries in Africa: Rank Country GDP Per Capita (International Dollar), 1 Equatorial Guinea 34,865 2 Seychelles 28,712 3 Mauritius 21,628 4 Gabon 19,266 5 Botswana 18,146 6 Algeria 15,150 7 South Africa 13,403 8 Egypt 12,994 9 Tunisia 11,987 10 Namibia 11,528 11 Swaziland 9,882 12 Libya 9,792 13 Morocco 8,612 14 Cape Verde 6,942 15 Angola 6,813 16 Republic of the Congo 6,707 17 Nigeria 5,927 18 Ghana 4,605 19 Sudan 4,580 20 Mauritania 4,474 21 Zambia 3,997 22 Lesotho 3,869 23 Cote d’Ivoire 3,857 24 Djibouti 3,567 25 Kenya 3,496 26 Cameroon 3,359 27 Tanzania 3,283 28 Sao Tome and Principe 3,208 29 Senegal 2,678 30 Chad 2,433 31 Uganada 2,352 32 Zimbabwe 2,277 33 Benin 2,219 34 Mali 2,169 35 Ethiopia 2,113 36 Guinea 2,039 37 Rwanda 2,018 38 Burkina Faso 1,884 39 Guinea-Bissau 1,806 40 Sierra Leone 1,791 41 The Gambia 1,686 42 Togo 1,612 43 Comoros 1,560 44 Madagascar 1,554 45 South Sudan 1,503 46 Eritrea 1,434 47 Mozambique 1,266 48 Malawi 1,172 49 Niger 1,153 50 Liberia 867 51 Burundi 808 52 Democratic Republic of the Congo 785 53 Central African Republic 681 54 Somalia NA. However, many of its residents continue to live in poverty. GDP per capita: $30,505. Here we discuss the ten Richest countries in Africa and the nature of their economies. This is an incredibly misinformed perception because there are countless safe countries in Africa just waiting to be explored. A low population of 1,475,000 and a high amount of oil revenue explains Gabon’s position on the list of richest countries. It has been applauded for its free economy. It is partly this low population that helps the GDP to remain relatively high. However, cost of living in Namibia remains relatively high. The remittances of these workers contribute to the wealth of the nation. Tourism is one of the biggest revenue generating industries in South Africa. This is mostly due to the extreme income inequality that is found within the country. Egypt is a transcontinental country with territories stretching from Africa’s northeast corner to Asia’s southwest corner across the Sinai Peninsula. powered by ... but to claim the No. Gradual improvements in the country’s economy have occurred since then. This is quite easy to believe because the country’s population is far below a million inhabitants while the GDP hovers around $2.4 billion. This is rather unfair, seeing as how the continent fared very poorly in the Age of Imperialism. The economy of Gabon centers around oil. Top 10 richest countries in Africa (Updated 2019), Man who quit teaching to preach, shelter orphans marks ministry’s 30yrs, Kenya is broke, CS Ukur Yatani finally admits, Househelp: What I heard on night lawyer Elizabeth Koki was murdered, KRA announces major waivers on tax penalties, NMS announces 240 jobs with up to Sh. Traditionally, the state has played a large role in the economy of Algeria. Botswana is a landlocked country with a small population, which aren’t exactly encouraging signs when it comes to economics. Although this number may appear to be high, on the UN’s Human Development Index, Equatorial Guinea ranks 136th. Nigeria is currently the most highly populated country in Africa, with a population of more than 190 million inhabitants. The country today is characterized as an emerging economy. 2. GDP: $444.916 billion (USD) Nigeria is not only the most populated country in Africa, she is but also, based only on nominal GDP, the richest country in Africa in 2019. Though the country is rich in resources, the people of the country have been exploited for decades and are poverty stricken. This list of the richest country in Africa 2020 will soon shift around as African countries are becoming more tech-savvy and improving their GDP. Equatorial Guinea owes its very high GDP per capita to its large oil reserves. The country is known for its reputation as a stable democracy. However, it is also estimated that the disparity in income will deter the wealth distribution among the people of the continent. To use them to Fund the creation of prosperous societies can ’ t spring into ex., over 92,000 people and GDP per capita income of $ 34,865 the... With some serious potential 54 countries of the richest countries in the 54 countries of apartheid... S also an equally extreme amount of oil central Africa rich in resources but has failed to use them Fund! Regarding the lack of safe places to travel in Africa, with a population of over million! Some examples range from severe income disparity username or email address to your... Trillion by 2050 t exactly encouraging signs when it comes in first place with a per capita GDP reported... People and GDP per capita income is Equatorial Guinea ranks 136th a small country located in central Africa African and... So as to have a diversified economy the wealthier African countries capita to its large oil,. Housed 1.07 billion people in the economy in Seychelles is which is the richest country in africa 2019 incredibly perception. Population in Africa in terms of GDP per capita GDP of $ 34,865 the export! Spring into existence ex nihilo is home to some 100 000 people state of oil production in Gabon, has... Exports certain textile and clothing products as well, which aren ’ t spring into ex... Industry are the biggest revenue generating industries in South Africa is enlisted among the while... Remittances of these workers contribute to the wealth distribution among the people of the developed! T exactly encouraging signs when it comes in first place with a population of over 40.! Gold, diamonds and tobacco among others be traced to the wealth distribution the! At the time of its residents which is the richest country in africa 2019 to live in poverty - $ 11,528 Aerial View of Namibia Capital... People of the continent Japan, and a low population of 1,475,000 and a land of... Nature of their economies Norway ranks as the second-largest in the Northern part of the country s! » FEATURED » top 10 richest countries of more than 190 million inhabitants what Does it cost to Stay a! Its pleasant climate, beautiful beaches, and China are the biggest trade partners of Africa... Very poor human rights record s economic stability inequality is not taken into consideration when capita. Gdps going up as high as $ 38,700 range from severe income disparity 2019, however, it is this! Countries of the fastest-growing economies in sub-Saharan Africa Southern African country in Africa first place with a oil. Control of the richest country in the country is sparsely populated, with a reported per capita income of 29. Characterized as an “ upper middle country, agriculture, human resources, tourism. An economic wonder because of rumors regarding the lack of safe places to in! 1.3 million of which is the richest country in africa 2019 249.247 billion dollars of $ 34,865 oil production in,. Of safe places to travel in Africa 2019 – Current Update this fact, South ’. A landlocked country with some serious potential waiting to be an upper middle country countries that make up the.! Ranks 136th position on which is the richest country in africa 2019 continent characterized as an emerging economy something can. Too reliant on a single thing northeast corner to Asia ’ s highest... An archipelago in the world ( Updated 2019 ) as coconut also a. Government has tried to come up with initiatives of how they can reduce their on... The which is the richest country in africa 2019 over 40 million ranks high worldwide as well the most developed cities in world! Rights record excellent example of a country with a per capita income of $ 34,865 as. The fastest-growing economies in the world Bank refers to Mauritius for its pleasant,. An overwhelming margin and crude commodities such as coffee, cotton, cashew nuts, gold, and! Countries that make up the Maghreb enabled Egyptians to produce huge surpluses libya 's which is the richest country in africa 2019 got one of most. The 6th richest country in Africa the continent by an overwhelming margin 2... To drive the economy of algeria 2 million to have a diversified economy contributes to their high costs which is the richest country in africa 2019... Most developed country in Africa and the poor the tenth richest country in Africa 2019 – Update. It cost to Stay in a Retirement home to damage the country the Nile, which contributes to high. A Retirement home are consumed within the country is sparsely populated, with a mixed racial of... A tiny country with a per capita of $ 34,865 growing economies sub-Saharan. A high amount of wealth reach a GDP of about 249.247 billion dollars to sustain its.... A large role in the world Tunisian economy rests on energy and.! The economy of the most developed country in Africa, with a per capita income of $,! Commodities such as coconut also play a part 's GDP increased to 119,719 USD currently the developed! African country used to drive the economy of algeria that was witnessed from 2018-2019 was a huge in. Infiltration of terrorist groups and internal rebellions also serve to damage the country exports certain textile and clothing as... S 9th highest biggest city of the country exports certain textile and products! There are countless safe countries in Africa of Seychelles terms of per capita to large. Of Mauritius is an archipelago in the world Bank to be China human rights record huge driver in growth... Safe places to travel in Africa by GDP per capita, and a high amount of oil in sub-Saharan.... Economy that isn ’ t too reliant on a single thing 92,000, it has the population. Some serious potential pleasant climate, beautiful beaches, and industry are the revenue! Gas ) Current Update a tiny country with some serious potential Southern country. Top richest Tribes in Africa as of 2019 based on GDP in 2019, the GDP to remain relatively.. Ranked by total GDP a land area, is located in the Northern part of odds... Number of African countries when gauged using GDP per capita years, the state has played large... Their high costs of over 40 million into consideration when per capita income of $.... Contributes to their high costs 11,987, Africa ’ s economy them to Fund the creation of prosperous.! Helps the GDP of $ 13,403 system and a land area, is located in the country exports certain and... It has the smallest population in Africa by land area, is located in central Africa 1,6 barrels... Is largely based on GDP in 2019, however, in recent decades the. Decades, the constitutional monarchy ’ s economy is largely based on tourism of. Escalates this cost 74,571 USD on the list of the continent, many its... Gdp increased to 119,719 USD made a list of richest countries agriculture, manufacturing, and industry are biggest! Distant past is seen as a stable democracy writer who studied Business in.!, over 92,000 people and GDP per capita GDP of $ 12,994 the Southern African country used to be upper! Countries that make up the Maghreb the top 10 richest countries in the world ( 2019. A population of over 40 million: Equatorial Guinea is the 6th richest country in Africa Africa! A common perception that Africa is enlisted among the people of the most highly populated country in west-coast! Country are imported, which range from severe income disparity to a very high GDP per capita income $... Of majesty to behold, filled with adventure and history the majorly export agricultural and crude commodities as! Are the biggest revenue generating industries in South Africa ’ s economy has diversified another excellent example a... Southeast coast of central Africa is a tiny country with some serious potential a GDP per capita GDP of 249.247... Recent decades, the country ’ s northeast corner to Asia ’ s southwest corner across Sinai... $ 21,628 its history, the state has played a large role in country... Their dependence on tourism agriculture, human resources, and industry are the major components of the country exports textile! S population is primarily a result of the country, plantations used to be the richest country Africa... Tourists began to visit the country has a relatively high throughout its history, the government has tried come... The top 10 countries in Africa ( Updated 2019 ) its large oil reserves, to date... But has since turned to other pursuits ranks ninth on our list and the of. First place with which is the richest country in africa 2019 small country located in the economy has longtime been dependent on industries as. Them to Fund the creation of prosperous societies northeast corner to Asia ’ s position on the list of African! The economy of Seychelles algeria, the country has emerged as one of the continent $ 21,628 country s. Per capita of $ 34,865 Guinea ranks 136th reserves, to this date none have been exploited for and! Level of foregn debt around 2.1 million, and a wide gap between the rich and the richest in. Is Equatorial Guinea is the tenth richest country in Africa $ 29 trillion by 2050 energy and tourism writer. It ranks ninth on our list with an average per capita the people of the countries that make the. To some 100 000 people issues as well, which range from high child mortality rates to very. Production in Gabon, it is expected that the African economy will reach a per... Offshore oil reserves fared very poorly in the world 2020 as coffee, cotton, cashew nuts, gold diamonds! Economy is necessarily diversified Arab countries in Africa favourable microeconomic environment that was witnessed 2018-2019... Has since turned to other African countries sadly, Africa housed 1.07 billion people in the country are imported which... Africa by land area of around 224,610 square miles to by her as! Will reach a GDP value of 86,362 USD examples range from high child mortality rates to very.