Thursday, October 04, 2018

TOP 10 FASTEST GROWING ECONOMIES IN AFRICA IN 2018

The table below shows the top 10 fastest growing economics in Africa in 2018

Top 10 Fastest Growing Economies In Africa In 2018 (World Bank, Imf....)
Country
Rate
[1] Ghana
8.3%
[2] Ethiopia
8.2%
[3] Cote d'Ivoire
7.2%
[4] Djibouti
7.0%
[5] Senegal
6.9%
[6] Tanzania
6.8%
[7] Sierra Leone
6.3%
[8] Benin Rep
6.0%
[9] Rwanda
5.9%
[10] Niger Rep
5.2%
[41] NIGERIA
1.9%,









Nigeria was Number [1] in 2012, 2013, and 2014. In 2015 Nigeria was the 3rd Fastest growing Economy in the World but now, the 88th.

LIST OF MINIMUM WAGES BY COUNTRIES OF THE WORLD
1. Nigeria - $38 (N18,000).
2. Algeria - $175 (N83,000).
3. Belgium - $1,738 (N810,000).
4. Cameroon - 36, 270CFA ($75) N38,000.
5. Chad - $120 (N60,000).
6. Denmark - $1,820 (N900,000).
7. Libya - $430 (N190,000).
8. Japan - $1000 (N450,000).
9. Cote D'ivoire -36,607CFA $72.
10. New Zealand -$3,187 (N1.4m).
11. Luxemburg - $2,500 (N1.1m).
12. Spain - $760. (N300,000).
13. Switzerland - $5,620 - N2.5m.
14. USA - $11 per hour.

Ironically, Nigeria politicians earn the highest salaries in the whole world. In Luxemburg where minimum wage is $2,500, their lawmakers are paid $7,400. In Libya where minimum wage is $430, lawmakers earn $3000. In Nigeria where minimum wage is $38 (N18,000), lawmakers earn $65,000 (N29m).

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