Monsterzuma
the sly one
- Joined
- Jun 1, 2008
- Messages
- 2,984
I'm actually surprised that Africa's GDP per capita is still incrising (is it?), considering that number of people there is growing so fast.
not hard to rise from a dreadfully low base.
also population growth is generally of a lower magnitude than gdp growth. 1% annual population growth in a western country would be very high, whereas 2% annual real GDP growth is kinda normal.
and if you're talking about nominal GDP per capita, it includes inflation. then rates from 4 to 10% aren't even a rarity.