SSC
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Europe
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Asia
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Africa
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North America
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Detailed explanation-1: -As of 2018, Nigeria is the biggest economy in Africa by nominal GDP, followed by South Africa; in terms of PPP, Egypt is second biggest after Nigeria. Equatorial Guinea has Africa’s highest GDP per capita.
Detailed explanation-2: -Economic growth of Africa is estimated to weaken to 3.8 per cent in 2023 from 4.1 per cent in 2022 due to subdued investment and falling exports. As for sub-regional trends in 2023, growth is expected to edge up in West Africa, stabilize in Central and East Africa, and to decelerate in North and Southern Africa.
Detailed explanation-3: -Egypt-$1.39 trillion. Nigeria-$1.15 trillion. South Africa-$868.58 billion. Algeria-$535.80 billion. Morocco-$333.24 billion. Ethiopia-$306.45 billion. Kenya-$276.22 billion. Angola-$223.97 billion. More items