Wednesday, December 19, 2007

Go Gabon!

Gabon has the highest purchasing power in Africa at PPP US$12 742 per capita , according to the latest preliminary results from the ICP study from the World Bank. Botswana, Equatorial Guinee and Mauritius follow before the economic powerhouse South Africa with PPP $ 8 477 comes in at number 5. One distinguishing feature is that all of the top 4 countries are small countries with populations of less then 1.7 million.

This compares to a PPP $26 404 in the OECD, PPP $4091 in China and PPP $ 2126 in India.

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