Economy of Eastern Africa

ebook Economy in countries, Book 7 · Economy in countries

By Ivan Kushnir

cover image of Economy of Eastern Africa

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This book about the economy of Eastern Africa from the 1970s to the 2010s. Source data from UN Data.

Size. In the 2010s, the gross domestic product of Eastern Africa was equal to $314.4 billion per year; the value of agriculture was $77.2 billion; the value of industry was $44.9 billion.

Productivity. In the 2010s, the gross domestic product per capita was $818.3, the value of agriculture per capita was $200.8, the value of industry per capita was $116.9. Since the productivity is less the average below average, the economy is classified as least developed.

Growth. In the 2010s, the growth of gross domestic product was 6.1%; the growth of agriculture was 4.2%; the growth of industry was 5.4%.

Structure. In the 2010s, the economy of Eastern Africa included: agriculture (26.5%), services (26.3%), industry (15.4%), trade (15.1%), transportation (8.4%), and construction (8.3%).

Exports and imports. In the 2010s, the imports were 57.8% higher than the exports, the net imports were equal to 12.7% of the GDP.

Consumption and reproduction. The attitude of reproduction to the consumption is better than the global average, so the share of GDP in the world will increase.

Economy of Eastern Africa