Purchasing Power Parity (PPP) serves as a crucial economic metric that allows for the comparison of currency values by ...

Even as Africa’s cities are crowded with inhabitants — but not dense with ... African households face higher costs relative to their per capita GDP than households in other regions. According to a new ...

REUTERS/Siphiwe Sibeko JOHANNESBURG, March 4 (Reuters) – South Africa’s rand weakened early on Tuesday ahead of local gross domestic product (GDP) figures and as investors braced for the ...

JOHANNESBURG, March 4 (Xinhua) -- South Africa's gross domestic product (GDP) grew by 0.6 percent in the fourth quarter of 2024 after a 0.1 percent contraction in the third quarter, according to ...

Big cities and industrial centres tend to have ... According to the IMF, Seychelles has the highest GDP per capita in Africa at $22,000, making it the continent’s leader in average income ...