Wednesday, May 14, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Top 10 least productive countries in Africa

Simon Osuji by Simon Osuji
June 7, 2024
in Business
0
Top 10 least productive countries in Africa
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Africa is a continent with immense potential, abundant in both natural and human resources. However, productivity varies significantly across its 54 countries.

According to the International Labour Organisation (ILO), labour productivity represents the total volume of output (measured in terms of Gross Domestic Product, GDP) produced per unit of labour (measured in terms of the number of employed persons or hours worked) during a given time reference period.

In an earlier piece, we discussed how labour productivity is an important factor that drives economic growth and improves people’s standard of living globally.

Africa, with its large and growing human resource base, presents a unique case in the global productivity landscape. The continent boasts a youthful and dynamic workforce with huge potential.

However, compared to other developed economies, many African countries still struggle with low labour productivity. Poor infrastructure, economic mismanagement, and poor education and skills development on the continent are major causes of this.

On the continent, while Libya is ranked the most productive country with 30$ GDP per hour worked, Burundi, the Central African Republic, and Liberia are ranked the least productive countries with 30$ GDP per hour worked according to data from Ilostat.

Related posts

White House orders U.S. boycott of G20 summit in South Africa

White House orders U.S. boycott of G20 summit in South Africa

May 14, 2025
Why the rich want specialists

Why the rich want specialists

May 14, 2025

Below are the top 10 least productive countries in Africa:

Rank Country GDP per hour worked $

1

Burundi

$1

2

Central African Republic

$1

3

Liberia

$1

4

Niger

$2

5

Madagascar

$2

6

Congo, Democratic Republic of the

$2

7

Mozambique

$2

8

Eritrea

$2

9

Chad

$2

10

Sierra Leone

$2

Source link

Previous Post

MP Oscar Sudi Acquitted Of forging his academic documents

Next Post

AMD and SAAMDEC AGMs postponed due to post-election negotiations

Next Post
AMD and SAAMDEC AGMs postponed due to post-election negotiations

AMD and SAAMDEC AGMs postponed due to post-election negotiations

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Go Gorilla Trekking, Hang With Giraffes, And Sleep Under The Stars On This Epic 7-Country African Safari

Go Gorilla Trekking, Hang With Giraffes, And Sleep Under The Stars On This Epic 7-Country African Safari

10 months ago
Elon Musk took a chainsaw to the US government. Tesla is taking the hit.

Elon Musk took a chainsaw to the US government. Tesla is taking the hit.

1 week ago
Acquisition of South Carolina-based Fastener Manufacturer Supports Portland Bolt’s Expansion into the Southeast

Acquisition of South Carolina-based Fastener Manufacturer Supports Portland Bolt’s Expansion into the Southeast

11 months ago
None of Your Photos Are Real

None of Your Photos Are Real

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Matthew Slater, son of Jackson State great, happy to see HBCUs back at the forefront

    0 shares
    Share 0 Tweet 0
  • Dolly Varden Focuses on Adding Ounces the Remainder of 2023

    0 shares
    Share 0 Tweet 0
  • US Dollar Might Fall To 96-97 Range in March 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.