Since the introduction of globalization to the world's markets, considerable economic power has shifted East. Economies across the world have shrunk and expanded rapidly in the face of financial crisis, political instability, increasing protectionism and shifts in consumer demand and the traditionally predictable growth models of the 20th Century will likely never be experienced again.
Also included is an Excel workbook which contains the raw data used in the creation of the chartbook. Data for all referenced countries is included and covers historical data from 2000 to 2015 with forecasts to 2025. This data, extracted in a raw form, is ideal for deeper analysis and manipulation.
- Ethiopia is the largest economy in the region with a GDP of approximately $70bn in nominal terms in 2016.
- Ethiopia has the largest population of the group, with a population of approximately 100m people in 2017.
- Unemployment rates in the region have generally stagnated but remained high over time.
- Identifies the largest countries within a particular group, region or bloc.
- Provides GDP breakdowns in nominal, real, per capita and growth rate terms.
- Provides historical data and forecasts of the Consumer Price Index, inflation and household consumption.
- Provides information on the exchange rates within each economy and how they have changed over time.
- Provides historical and forecast data on each country's population in addition to its growth rate.
- Provides data on unemployment rates over time, taking a closer look at the period covering The Great Recession and its immediate aftermath.
- What are the largest economies in the group?
- How do they rank by nominal and real GDP?
- How do they rank by per capita GDP and GDP growth rates?
- How have inflation rates varied in each country over the years?
- How have currency exchange rates fluctuated historically and why?
- How rapidly have populations grown in recent years, and what is expected to happen in the near future?
- How have unemployment rates changed in the last 15 years?
- What effect did The Great Recession have on unemployment rates?
Nominal GDP per Capita
Real GDP Growth
Consumer Price Index
Consumer Price Inflation
Population (% change)
Unemployment and The Great Recession