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Politics Of Global Poverty: Europe’s 10 Poorest V. Africa’s 10 Richest - Politics - Nairaland

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Politics Of Global Poverty: Europe’s 10 Poorest V. Africa’s 10 Richest by AAEEI: 3:57pm On Jan 20, 2020
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Europe’s 10 poorest v. Africa’s 10 richest
Poorest countries in Europe by GDP (PPP)/Capita in US Dollars (2019):
1. Maldova $2,290
2. Ukraine $2,640
3. Kosovo $3,894
4. Albania $4,538
5. Bosnia Herzegovina $5,181
6. Macedonia $5,443
7. Belarus $5,126
8. Serbia $5,900
9. Montenegro $7,670
10. Bulgaria $8,032
Richest countries in Africa by GDP (PPP)/Capita in US Dollars (2019):
1. Equatorial Guinea $40,719
2. Seychelles $27,177
3. Mauritius $20,085
4. Gabon $20,081
5. Botswana $15,894
6. Algeria $14,717
7. South Africa $13,196
8. Tunisia $11,461
9. Egypt $10,913
10. Namibia $10,411
11. Xx
12. Xx
13. Angola $7,386
14. Xx
15. Xx
16. Nigeria $6,004
In context (2019):
UK GDP (PPP)/Capita is $45,565 (13th richest in Europe)
China (PPP)/Capita is $19,520
India (PPP)/Capita is $11,673
US (PPP)/Capita is $59,532
Luxembourg (in Europe) at $113,196 is the richest country in the world by (PPP)/Capita.
A few random thoughts jump in my mind from these data (on the face value of what GDP PPP means)
1. Citizens in more than a few African countries are better off than citizens in more than a few European countries and China and India.
2. If driven purely by economic motivation, Africans from poorer countries don’t necessarily have to immigrate to certain countries in Europe, and not to India or China. They have better options in other African countries.
3. If Nigeria was to be in Europe, it would not be the poorest country. Rather it would be the 9th poorest after Serbia.
4. The UK has declined from being once the most glorious colonial power in the world to being only the 13th richest in Europe.
5. If the US (richest country in the world by nominal GDP) and Nigeria (richest in Africa by nominal GDP) were a lot less populated they would rank better than the current ranking. Of course, same logic goes for China and India. Population control is important, especially for Nigeria and India.
6. Richer European countries should, perhaps, focus more attention on their poorer neighbors. They need your help. Don’t focus on Africa, especially, for surreptitious economic gains.
7. Some African countries can lend money to some European countries. Angola did so to Portugal a couple years ago.
Re: Politics Of Global Poverty: Europe’s 10 Poorest V. Africa’s 10 Richest by Sabby1(m): 4:26pm On Jan 20, 2020
I don't know the validity of the ranking or statistics, but if true, no. 7 is quite surprising
Re: Politics Of Global Poverty: Europe’s 10 Poorest V. Africa’s 10 Richest by AAEEI: 6:43pm On Jan 20, 2020
Sabby1:
I don't know the validity of the ranking or statistics, but if true, no. 7 is quite surprising

Which of the number 7s? The poor Europe or rich Africa?

All numbers were pooled form WB or IMF info online
Re: Politics Of Global Poverty: Europe’s 10 Poorest V. Africa’s 10 Richest by AAEEI: 7:43pm On Jan 20, 2020
Sabby1:
I don't know the validity of the ranking or statistics, but if true, no. 7 is quite surprising
Plus, why is that of SA and not Nigeria surprising to you? SA is still the second or third wealthiest in Africa by nominal GDP. Nigeria is the first by nominal GDP, but 16th by PPP. Population matters, as the original post indicated. The populations of those wealthiest African countries by PPP are like those of states in Nigeria.
Re: Politics Of Global Poverty: Europe’s 10 Poorest V. Africa’s 10 Richest by Olominira(m): 9:00pm On Jan 20, 2020
Eastern Europe is poor, Africa is far better. Africa just don't have media that tell our stories and the world rely on what BBC, CNN and others say about us.

Funny enough, it's better to be poor in Africa than in Europe. The cold weather in Europe is terrible

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Re: Politics Of Global Poverty: Europe’s 10 Poorest V. Africa’s 10 Richest by AAEEI: 8:51pm On Jan 21, 2020
Olominira:
Eastern Europe is poor, Africa is far better. Africa just don't have media that tell our stories and the world rely on what BBC, CNN and others say about us.

Funny enough, it's better to be poor in Africa than in Europe. The cold weather in Europe is terrible

I completely agree with you

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