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Comparing the Real Size of African Economies Results of the 2011 International Comparison Program for Africa African Development Bank Group This report was prepared by the Statistical Capacity Building Division of the Statistics Department at the African Development Bank. The findings reflect the opinions of the authors and not necessarily those of the African Development Bank or its Board of Directors. Every effort has been made to present reliable information as provided by 50 countries that participated in the 2011 round of the International Comparison Program for Africa conducted from January 2011 to April 2012. Statistics Department Chief Economist Complex African Development Bank Immeuble du Centre de commerce international d’Abidjan Avenue Jean-Paul II 01 BP 1387 Abidjan 01 Abidjan, Côte d’Ivoire Tel: (225) 20 26 33 25 E-mail: [email protected] Website: www.afdb.org Copyright © 2014 African Development Bank Design & Production: Phoenix Design Aid / www.phoenixdesignaid.dk ISBN: 978-9938-882-34-6 2 Comparing the Real Size of African Economies Results of the 2011 International Comparison Program for Africa November 2014 Statistical Capacity Building Division · Statistics Department · Chief Economist Complex · African Development Bank Group Table of Contents List of Boxes, Figures, and Tables Preface vii Acknowledgments ix Abbreviations and Acronyms x Executive Summary xi Part 1. Introduction and Conceptual Framework 1 1.1. Overview 2 1.1.1. 2 1.1.2. Country participation 2 Conceptual framework 2 1.2.1. Why ICP? 2 1.2.2. Purchasing Power Parities (PPPs) 3 1.2.3 Exchange rates 4 1.2.4. Price Level Indices (PLIs) 4 1.2.5. Uses of PPPs 6 1.2.6 When not to use PPPs 8 1.2.7. Reliability of PPPs and real expenditures 8 1.2.8 Real expenditure 9 1.2.9. Actual Individual Consumption (AIC) 9 1.2.10. Methodological improvements compared with ICP 2005 1.2. About the International Comparison Program v 10 Part 2. Results and Findings 14 2.1. 15 2.2. A summary presentation of the main results 15 2.3. Country Analysis 22 Introduction 2.3.1 GDP shares in Africa: nominal and real 22 2.3.2 Real GDP per capita 27 2.3.3 Price Level Indices 29 iii Part 3. Sector Analysis 30 3.1 Introduction 31 3.2 Food and Non-Alcoholic Beverages 32 3.3 Food expenditures 33 3.3.1 Food and GDP expenditure 35 3.4 Household welfare 35 3.5 Government Final Consumption Expenditure 38 3.6. Education and Health 38 3.6.1 Education 38 3.6.2 Health 38 3.7. Recreation and Culture 41 3.8. Price Levels of Infrastructure 43 3.9 46 3.10 Country PLIs of Gross Fixed Capital Formation 3.11 Part 4. Consistency between the 2005 and 2011 ICP Results 48 4.1 Introductory note 49 4.2 GDP shares: consistency between 2005 and 2011 49 4.3 Price level consistency between 2005 and 2011 51 Part 5. Comparative Cross-Country Tables Investment: Gross Fixed Capital Formation 47 Per capita Gross Domestic Product and per capita Gross Fixed Capital Formation 47 52 Glossary 124 Bibliography 141 iv List of Boxes, Figures, and Tables BOXES Box 1. Computation of Purchasing Power Parity 3 Box 2. The theory of Purchasing Power Parity 5 Box 3. Exchange rates and PPPs 6 Box 4. Examples of questions that can only be answered using PPPs or PLIs 10 Box 5. New Scenario: GDP Country Shares (Africa = 100%) using Nigeria new revised figures for 2013 23 Box 6. 55 FIGURES Figure A. GDP shares in Africa in nominal and real terms, 2011 Analytical categories shown in Tables 2 to 9 22 Figure B. Size of African economies: GDP in real and nominal terms (ZAR mn): the 24 largest economies 24 Figure C. Size of African economies: GDP in real and nominal terms (ZAR mn): the 26 smallest economies 25 Figure D. Real per capita Gross Domestic Product (ZAR) 26 Figure E. Distribution of real per capita GDP (ZAR) by number of countries 27 Figure F. Country PLI at GDP level, 2011 (Africa = 100) 28 Figure G. Ratio: food & non-alcoholic beverages PLI/ GDP PLI 31 Figure H. Food PLIs –10 most expensive and 10 least expensive countries (Africa = 100)32 Figure I. Bread and cereals PLIs: 10 most expensive and 10 least expensive countries (Africa = 100) 33 Figure J. Per capita real expenditure on food and non-alcoholic beverages (ZAR) 34 Figure K. Correlation between per capita real GDP and per capita real expenditure on food and non-alcoholic beverages 35 Figure L. Real per capita Actual Individual Consumption (Africa = 100) 36 Figure M. Real per capita collective consumption by government (Africa = 100) 37 Figure N. Real per capita consumption of education services (Africa=100) 39 Figure O. Real per capita consumption of health services (Africa=100) 40 Figure P. Correlation between real per capita GDP and real per capita expenditure on recreation & culture 41 v Figure Q. Price levels of infrastructure: 10 highest and 10 lowest countries (Africa = 100) 42 Figure R. Real per capita Gross Fixed Capital Formation (ZAR): 23 highest and 26 lowest countries 44 47 Figure S. Correlation between per capita GDP and per capita GFCF Figure T. Real GDP country shares (Africa = 100%) with 48 participating countries (excluding Algeria & Seychelles) 50 Figure U. 2011 Real GDP country shares (Africa = 100%) with 50 participating countries (including Algeria & Seychelles) 50 Figure V. Price Level Indices for ten highest and lowest countries: 2005 and 2011 (Africa=1) TABLES Table 1. Summary of main results, ICP 2011 51 18 Table 2. Nominal GDP and main expenditure components in local currency units (millions) 60 68 Table 3. Nominal main expenditure component shares by country (GDP = 100) Table 4. Purchasing Power Parities (PPPs) for GDP and main expenditure components by country (ZAF = 1) 76 Table 5. Price Level Indices for GDP and main expenditure components by country (Africa = 100) 84 Table 6. Real GDP and main expenditure components by country (ZAR millions) 92 Table 7. Table 8. Real GDP per capita and main expenditure components (ZAR) Real GDP and main expenditure components country shares (Africa = 100) 100 Table 9. Real GDP per capita and main expenditure components relatives (Africa = 100) vi 108 116 Preface The Statistics Department of the African Development Bank (AfDB) is pleased to present the results of the 2011 round of the International Comparison Program (ICP) for Africa.1 This latest round is the third large-scale international price and volume comparison for Africa executed under the leadership of the AfDB. The first was the 2005 round of the ICP and this was followed by an interim comparison of Household Consumption Expenditure in 2009. The 2011 round covers 50 Regional Member Countries – a record for ICP Africa. In carrying out these comparisons, the AfDB has worked closely with its Regional Member Countries and with the Sub-regional Organizations (SROs) AFRISTAT, COMESA, ECOWAS, and SADC.2 These organizations provided invaluable assistance in coordinating the activities of the sub-regional groups into which the participating countries of Africa were divided. With the guidance of the AfDB, the SROs organized workshops to explain the program and help countries follow the standardized rules and procedures for the comparison, they also verified the price and expenditure data submitted by their member countries. The ICP is a global program and the 2011 round covered 199 economies from all regions of the 1 Of the AfDB’s Regional Member Countries, only Eritrea, Libya, and Somalia did not participate in the 2011 ICP round. South Sudan was not a separate regional member country at the time of the 2011 round. 2 AFRISTAT – Observatoire Economique et Statistique d’Afrique Subsaharienne; COMESA – Common Market for Eastern and Southern Africa; ECOWAS – Economic Community of West Africa States; SADC – Southern African Development Community. world.3 With the release of the global results by the World Bank this year, we have comparisons of real GDP and price levels for Africa with other regions – with Asia and the Pacific, Latin America, West Asia, and the OECD / European Union group of countries. We also have comparisons with individual countries – South Africa and Brazil, Egypt and Saudi Arabia, small African countries with small Asian countries, and so on. International comparisons reveal important differences between countries and lead analysts to ponder why some do better than others. What lessons can the less successful learn from the better performers? Africa is not only the largest region in the Global Comparison with 50 participating countries, but it is one of the most diverse. The region covers small island states like the Seychelles and Cabo Verde, as well as large countries like Algeria, Nigeria, South Africa, and Egypt whose populations are spread over huge urban conglomerations and remote rural areas. This makes it particularly difficult to carry out the comparison according to the strict rules and procedures which have been laid down by the ICP Global Office and which are designed to guarantee that like is compared with like and that all countries follow the same rules of classification and measurement. Thanks to the dedication and hard work of statisticians in its Regional Member Countries (RMCs), the AfDB is confident that the results of this latest round are reasonably robust and reliable. 3 A number of Caribbean and Pacific Islands are participating for the first time. vii This report is in five parts: Part I introduces the basic ideas behind the International Comparison Program, including an explanation of Purchasing Power Parities and Price Level Indices. It is written in non-technical language and it is expected that most users will read Part I before looking at the results of ICP 2011 in Parts II to V. The results are accompanied by a number of charts and graphs showing how ICP results can be used for economic analysis and the formulation of economic policy. THE INTERNATIONAL COMPARISON PROGRAM HAS SOME IMPORTANT SPIN-OFFS: Chief among the spin-offs is statistical capacity-building in participating countries. Most countries in Africa now compile consumer price indices (CPIs) but ICP required them to also start collecting prices of machinery and equipment and building materials, as well as wages and salaries of workers in government and the construction industry. The ICP also requires countries to estimate GDP from the expenditure side – GDP (E) – covering household and government consumption, gross fixed capital formation, change in inventories, and net exports of goods and services. Special workshops were held throughout the region to help countries with their GDP (E) estimates, some of which were compiling this estimate for the first time. publications and its online databases, in particular the Africa Information Highway (AIH) initiative, which was officially launched in South Africa in February 2014.4 The 2011 round of ICP program has done much to bolster the Bank’s role as a driver of statistical excellence across the continent. I am therefore pleased to recommend this publication to all the current and future users of statistical data relating to Africa’s economic performance. Charles Leyeka Lufumpa Director, Statistics Department, African Development Bank Another spin-off is the extensive database that the AfDB has now built up of price and volume measures for Africa covering the years 2005, 2009, and 2011. This is a valuable resource for national governments, international organizations, and academic researchers both in Africa and abroad. The AfDB is widely recognized as a knowledge bank for the region, both through its statistical viii 4 The Africa Information Highway (AIH) is a revolutionary data management and dissemination platform that will have a major impact on how regional data are collected, stored, and used by anyone who wishes to access it. Acknowledgments This report on “Measuring the Real Size of African Economies: Results of the 2011 International Comparison Program for Africa” was prepared by a team led by Oliver J. M. Chinganya, ICP-Africa Coordinator and Manager, Statistical Capacity Building Division, Statistics Department of the African Development Bank. The core team included Besa Muwele, Stephen Bahemuka, Marc Koffi Kouakou, Grégoire Mboya De Loubassou, Imen Hafsa, Meryem Mezhoudi, Ines Mahjoub, Meriem Bekri, Abdoulaye Adam (consultant), Derek Blades† (consultant), David Roberts (consultant), and Tabo Symphorien (consultant). The collection, editing, and validation of country data were carried out by the participating 50 countries under the close supervision of the AfDB’s Statistics team and respective ICP support team at the sub-regional organizations. The multilateral review of input data was performed by the Global Office team. The generation of results was led by Sergey Sergeev from Statistik Austria, who also provided valuable training on aggregation methods and tools. † Derek Blades and Mantoa Molengoane passed away before this report was released. Derek Blades was a pillar during the implementation of the 2011 International Comparison Program in Africa and his advice was always highly valued. He also contributed immensely to drafting of the 2011 International Comparison Program in Africa reports. Mantoa Molengoane, Expert Statistician from Lesotho, was a key player in sustaining support for statistical capacity building for SADC member states. She was also involved in providing valuable support to SADC member states in the implementation of International Comparison Program in Africa. We shall remain indebted to both of them. May their souls rest in peace! Price statisticians and national accounts experts from the 50 participating countries under the general guidance of Directors General of the National Statistical Offices contributed fully to the success of the program. The AfDB coordinating teams benefited not only from the willingness of participating countries to collect, edit, and review their data inputs but also from the practical insights and advice provided during the workshops and one-on-one consultations during the course of the program. The program also benefited from support provided by the ICP-Africa coordination teams in the participating sub-regional organizations, led by Cosme Vodounou (AFRISTAT), Themba Munalula and Rees Mpofu (COMESA), Ackim Jere and Mantoa Molengoane† (SADC), and Iliyasu M. Bobbo (ECOWAS). The AfDB Statistics Department Team responsible for the Desktop Publishing was led by Grégoire Mboya De Loubassou and comprised Imen Hafsa, Meriem Mezhoudi, and Abdoulaye Adam. The editor was Sandra Jones (Consultant). This publication was prepared under the direction of Oliver J. M. Chinganya, Manager of the Statistical Capacity Building Division, and the overall guidance of the AfDB Director of Statistics Department, Charles Leyeka Lufumpa. ix Abbreviations and Acronyms AfDB AHC AIC AMU CAR CEMAC COMESA CPI DRC ECCAS ECOWAS GCF GDP GFCE GFCF ICP IMF LCU MORES NPISH NSO OECD PA PIM PLI PPP RECs RMCs SADC SAO SROs SNA UNESCO XR ZAF ZAR x African Development Bank Actual Household Consumption Actual Individual Consumption Arab Maghreb Union Central African Republic Communauté économique et monétaire de l’Afrique centrale Common Market for Eastern and Southern Africa, Consumer Price Index Democratic Republic of Congo Economic Community of Central African States Economic Community of West African States Gross Capital Formation Gross Domestic Product Government Final Consumption Expenditure Gross Fixed Capital Formation International Comparison Program International Monetary Fund Local currency unit Model Report on Expenditure Estimates Non-Profit Institution Serving Households National Statistics Office Organisation for Economic Cooperation and Development Productivity Adjustment Perpetual Inventory Method Price Level Index Purchasing Power Parity Regional Economic Communities Regional Member Countries South African Development Community São Tomé and Principe Sub-regional Organizations System of National Accounts United Nations Educational, Scientific and Cultural Organization Exchange rate South Africa South African Rand Executive Summary 1. BACKGROUND The International Comparison Program (ICP) is a global statistical program set up on the recommendation of the United Nations Statistical Commission. This latest round – ICP 2011 – is the second full round of the ICP for Africa, executed under the leadership of the African Development Bank (AfDB). It covered 50 countries, which was a record for Africa.5 The first was in 2005 and covered 48 regional member countries. For operational purposes the countries were divided into four sub- regions – AFRISTAT, COMESA, ECOWAS, and SADC.6 The success of the 2011 ICP is in large part due to the invaluable assistance provided by the secretariats of these agencies, as well as the support and hard work of the participating countries. This report discusses the final results of the 2011 ICP round for Africa. It provides details of purchasing power parity (PPP)–adjusted Gross Domestic Product (GDP) expenditure, purchasing power parity (PPP) indices, and price level indices for 50 African participating countries. The results cover all GDP breakdown components, such as final household consumption, government expenditure, and investment. What are Purchasing Power Parities (PPPs)? The purpose of the ICP is to compare the GDPs of different countries to determine 5 Of the AfDB’s 53 Regional Member Countries in 2011, only Eritrea, Libya, and Somalia did not participate in the 2011 ICP round. 6 AFRISTAT: l’Observatoire économique et statistique d’Afrique subsaharienne: COMESA – Common Market for Eastern and Southern Africa: ECOWAS – Economic Community of West African States: SADC – Southern African Development Community. their relative size, productivity, and material well-being of their populations. Each country estimates its GDP and component expenditures at national price levels and in national currencies. In order to make comparisons, they need to be expressed in a common currency and valued at a common price level. The ICP uses Purchasing Power Parities (PPPs) to effect this double conversion. PPPs are spatial price indices. They make it possible to compare the GDPs and component expenditures of countries in real terms by removing the price level differences between them. There is a close parallel here with GDP comparisons over time for a single country, where it is necessary to remove the price changes from one year to the next in order to assess the change in underlying volumes. Why not use exchange rates? Before PPPs became widely available, people who wanted to compare the GDPs of different countries converted them to a common currency using market exchange rates. This resulted in misleading comparisons because although the GDPs were all in the same currency, they were still at different price levels. The people doing this often acknowledged that the exchange rate-converted estimates could be very misleading but they felt they had no alternative. Now that PPPs are available for almost all countries in the world and are estimated econometrically by the World Bank for the few missing countries, there is no good reason to compare GDP and its expenditure components between countries using exchange rates. xi How are PPPs calculated? A PPP is a spatial price index and it is calculated in exactly the same way as a temporal price index such as the Consumer Price Index (CPI). A CPI is compiled by dividing the prices of goods and services in the current year by their prices in an earlier base year. These price relatives are then averaged using expenditure weights that reflect the relative importance of the various goods and services in the market basket. PPPs are calculated in the same way: price relatives are first calculated for a given product in one country by its price in another, with both prices expressed in each country’s national currency. These price relatives are then averaged using expenditure weights taken from the national accounts. Temporal price indices are conventionally shown as 100.0 in the base period. Being spatial price indices, PPPs have no base year. Instead they have a base country and the PPP for the base country is conventionally shown as 1.0. Price Level Indices PPPs represent the ratios of prices in different national currencies. As a result, a PPP does not look like a temporal price index such as the Consumer Price Index, which is calculated as a ratio of prices in the same currency. However, PPPs can easily be normalized by dividing them by the exchange rate and multiplying by 100. This gives what are called Price Level Indices (PLIs): they show the price level differences that have to be eliminated to make proper volume comparisons. For the African ICP, South Africa is the base country and so the exchange rates used to calculate PLIs are the rates against the South African Rand (ZAR). At the level of GDP, PLIs provide a measure of the differences in the general price levels of xii countries. For example, Zambia’s PLI for GDP is 107.5 and Mozambique’s is 121.5. This means that if, in 2011, Zambians had changed their Kwacha to Mozambique’s Metical at the market exchange rate, had then traveled to Mozambique and bought a representative selection of all the goods and services in GDP (capital goods and government services as well as consumer items), they would have found that they cost ((121.5 – 107.5) / 107.5) x 100.0 = 13.0% more than if they had stayed home and bought the same set of goods and services in Zambia. Quality of the estimates The 2011 ICP for Africa included countries ranging from small island states such as the Seychelles and Cabo Verde, to large and diverse countries such as Egypt, Nigeria, and South Africa where many people live in extensive urban conurbations as well as in remote rural areas. All countries had to produce national average prices for goods and services that were comparable with those of other countries in the region. The accuracy of the PPPs depends upon (i) the extent to which the selected goods and services were representative of their entire country and (ii) the countries’ ability to provide national prices averaged over the different regions, over the course of the year and over different types of outlets. Participating countries were required to explain how they had calculated average national prices. Their replies showed that most countries had managed to obtain reasonably even coverage of prices throughout the country, throughout the year, and covering different types of outlets. A second problem for many countries was to estimate the expenditure weights needed to calculate PPP. They were required to break down the GDP into 155 expenditure categories. This proved a challenge for many countries that do not regularly estimate GDP by the expenditure approach or do so at only at the high aggregated level. The AfDB and the four sub-regional agencies organized a series of workshops using an Excel spreadsheet “MORES,” designed by the ICP Global Office to help countries deal with the requirements. An analysis of the MORES forms shows that several innovative and ingenious techniques were used to obtain the basic heading expenditure estimates. While they could not make up for the lack of basic data, the MORES workshops helped to ensure that the often limited information available was used in the most efficient way possible. PPPs are statistical constructs rather than precise measures. Like all statistics, they are point estimates lying within a range of estimates – the error margin – that includes the (unknown) true value. The error margins surrounding PPPs depend on the reliability of the expenditure weights and the price data reported by participating countries, as well as the extent to which the goods and services priced reflect the consumption patterns and price levels of each participating country. Bearing in mind that there may be errors in the population data, in addition to those in the price and expenditure data, small differences between real GDPs and real GDPs per capita should not be considered significant. It is generally accepted that differences of less than 5% lie within the margin of error of the PPP-based estimates. Innovations Each round of the ICP draws on the experience gained in previous rounds. For ICP 2011, the main innovations related to metadata, price surveys for household final consumption expenditure, product lists, estimation of expenditure weights, the “importance” of products, reference PPPs, the calculation of PPPs for building and construction, data on compensation of government employees, and linking regional results to obtain the global comparison. 2. KEY RESULTS OF THE ICP 2011 Egypt has replaced South Africa as the biggest economy in Africa In 2005 South Africa was the largest economy in Africa, with Egypt in second position. However, by 2011 Egypt had become the largest economy in terms of real GDP. The change in rankings of Egypt and South Africa is explained by differences in their real growth of GDP over the six years since 2005: between 2005 and 2011, the real growth of GDP in Egypt averaged 5.4% per annum compared with only 3.3% in South Africa. Nigeria remains the third largest economy and slightly increased its share of the total African GDP from 13.3% to 14.1%. Africa’s economy is dominated by just four countries – Egypt, South Africa, Nigeria, and Algeria – each with real GDP over two thousand trillion ZAR in real terms. Together these four giants accounted for nearly 60% of African GDP in 2011. It is worth noting, however, that when Nigeria revised its GDP in April 2014 from the 1990 base year to 2010 and adjusted in PPPs terms, it became the largest economy in Africa and the 26th largest globally. The increase in Nigerian GDP has resulted in Africa becoming the fourth largest region of the world in between Latin America and Western Asia. Richest and poorest countries “Rich” and “poor” are here taken to mean high and low per capita GDP. Four relatively small countries had the highest per capita GDP in 2011. In descending order, these were: Equatorial Guinea, Seychelles, Gabon, and Mauritius. xiii All had per capita GDP exceeding 70,000 ZAR. At the other extreme, four countries, again in descending order, were Burundi, Democratic Republic of Congo, Comoros, and Liberia with per capita GDP of less than 4,000 ZAR. Price levels Five countries had overall Price Level Indices (PLIs) more than 30% above the average for Africa: in descending order, Angola, Gabon, South Africa, Namibia, and Equatorial Guinea. At the other extreme, Tanzania, Madagascar, Uganda, Ethiopia, and Egypt had PLIs for GDP that were less than 75% of the African average. The GDP PLI for Egypt was particularly low – just over 60% of the African average. Investment Investment is the key to economic development. In 2011 per capita investment was high in many countries – notably Equatorial Guinea, Seychelles, Botswana, and Mauritius – and exceptionally low in Liberia, Comoros, Burundi, and the Central African Republic. Per capita investment is positively correlated with per capita GDP. This demonstrates the basic dilemma of economic development. Countries with low per capita GDP cannot generate the savings required to invest for future growth: they are poor because they cannot invest and they cannot invest because they are poor. the African average. The Democratic Republic of Congo and Liberia have the lowest per capita AIC – about one-fifth and one-quarter of the African average respectively. It is instructive to compare the rankings in per capita AIC with per capita GDP. Equatorial Guinea has the highest per capita GDP but falls to 11th place for per capita AIC. A similar apparent disconnect is evident in Congo Republic, which was ranked 15th in per capita GDP but only 27th in per capita AIC. Egypt, on the other hand, moves up from 8th position in per capita GDP to 3rd in per capita AIC and Swaziland is 13th in per capita GDP but 10th in per capita AIC. It is clear that high or low per capita GDP does not automatically translate into high or low per capita AIC. “Africa in the World” upcoming report The 50 countries that took part in ICP Africa are included in the 2011 Global Comparisons, which cover 199 economies.7 An AfDB report on “Africa in the World” will be released alongside the World Bank publication of the global results and comparison of the real GDP and price levels for Africa with other regions. Household welfare A good measure of household welfare is provided by per capita Actual Individual Consumption (AIC). Actual Individual Consumption includes all goods and services consumed by households regardless of whether households make the purchases themselves or receive them free from the government. Seychelles and Mauritius are at the top with per capita AIC more than four times larger than xiv 7 ICP 2011 covers a number of countries, including small Caribbean and Pacific Islands that have not participated in previous rounds of ICP. At the time of going to print, it is not clear exactly how many of the newcomers can be included in the final results. PART 1. Introduction and Conceptual Framework 1 PART 1. Introduction and Conceptual Framework 1.1. OVERVIEW 1.1.1. About the International Comparison Program The International Comparison Program (ICP) is a global statistical program set up on the recommendation of the United Nations Statistical Commission (UNSC). It started in 1970 as a joint venture of the United Nations and the International Comparisons Unit of the University of Pennsylvania to compare, on a regular and timely basis, the Gross Domestic Product (GDP) of countries in real, “price-adjusted” terms. Over the years, the ICP has expanded and in the latest benchmark comparison for 2011 covered 199 economies. Since 1970 the number of African countries participating in ICP has been growing. In the first two experimental phases (1970 and 1973), Kenya was the only African country included while in the third phase (1975), the number of African countries increased to three. Subsequently 15, 23 and 22, African countries were covered in comparisons for 1980, 1985, and 1993 respectively. The ICP 2005 Program was the first to be coordinated by an African institution, namely the African Development Bank (AfDB). Following the successful completion of the 2005 round, the AfDB, in consultation with its Regional Member Countries (RMCs), decided to make ICP a routine statistical operation to be undertaken annually, although on a reduced scale. Forty-nine countries took part in the first reduced scale comparison for 2009, which covered only household consumption expenditure and prices were collected only in capital cities.8 8 See AfDB (2012), A Comparison of Real Household Consumption Expenditures and Price Levels in Africa, Statistics Department, African Development Bank, Tunis. 2 This report gives the results of African countries with a full-scale bench-mark comparison for the 2011 round, and covers all the expenditure components of the GDP; the results for Africa are combined with those for other regions in the World Bank Global Comparison Report. 1.1.2. Country participation The ICP 2005 covered 48 countries, while the ICP 2011 covered 50 African countries. Algeria and Seychelles are the two additional countries included in the 2011 round. The following countries participated by providing national accounts data and price averages: Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cabo Verde, Cameroon, Central African Republic, Chad, Comoros, Congo, Democratic Republic, Congo Republic, Côte d’Ivoire, Djibouti, Egypt, Equatorial Guinea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, São Tomé and Principe, Senegal, Seychelles, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, and Zimbabwe. The National Statistics Office (NSO) of each country was responsible for compiling the national accounts, undertaking national accounts special surveys, and collecting price data from selected outlets. 1.2. CONCEPTUAL FRAMEWORK 1.2.1. Why ICP? The purpose of the ICP is to compare the GDPs of different countries to determine their relative size, productivity, and the material well-being of their resident populations. Each country estimates its GDP and component expenditures at national price levels and in national currencies. To be compared, they need to be valued at a common price level and PART 1. Introduction and Conceptual Framework expressed in a common currency. The ICP uses Purchasing Power Parities (PPPs) to effect this double conversion. 1.2.2. Purchasing Power Parities (PPPs) PPPs are spatial price indices that make it possible to compare the GDPs and component expenditures of countries in real terms by removing the price effects. In the simplest example of a comparison between two countries, a PPP is an exchange rate at which the currency of one country is converted into that of the second country in order to purchase the same volume of goods and services in both countries. Box 1. Computation of Purchasing Power Parity PPPs are compiled in the same way as a temporal price index such as the Consumer Price Index (CPI). The CPI is compiled by dividing the prices of goods and services in the current year by their prices in an earlier “base year.” These “price relatives” are then averaged using expenditure weights that reflect the relative importance of the various goods and services so that, for example, the price relative for bread gets a higher weight than the price relative for muffins. PPPs are calculated in the same way: price relatives are first calculated for, say, 500 grams of pre-packed Basmati rice by dividing its price in one country by its price in another, with both prices expressed in each country’s national currency. These price relatives are “elementary” PPPs and they are averaged with the elementary PPPs for other kinds of rice to obtain the PPP for the product group “Rice.” (These first-level product groups are termed “Basic Headings” in the ICP Expenditure Classification.) Subsequently, the PPP for “Rice” is averaged with the PPPs for “Pasta Products,” “Beef,” Chilled and Fresh fruit,” and other Basic Headings to obtain the PPP for “Food.” The process continues to obtain PPPs for “Household Consumption Expenditure,” and eventually for total GDP. The PPPs for the lowest level of the classification such as the Basic Heading ”Rice” are calculated as the simple unweighted averages of the price relatives of different kinds of rice. However, for higher levels of aggregation, expenditure weights that reflect the importance of each product group in total expenditure are used. Because expenditure weights are not the same in all countries, the expenditure weights have to be averaged over all the participating countries. Temporal price indices are conventionally shown as 100.0 in the base period. Being spatial price indices, PPPs have no base year. Instead they have a base country and the PPP for the base country is conventionally shown as 1.0. In this report, South Africa is the base country. If another country had been selected as base country, the PPPs would be different but the ratio of the PPPs between any pair of countries would be exactly the same. South Africa is not in any way being treated differently from the other countries and you can switch the base to any country you want by simply dividing all the other countries’ PPPs by the PPP of your chosen country. We can also switch to Africa as the base and this is often more useful than using a single country as the base. 3 PART 1. Introduction and Conceptual Framework This makes it possible to compare the GDPs and component expenditures of countries in real terms by removing the price level differences between them. There is a close parallel here with GDP comparisons over time for a single country, where it is necessary to remove the price changes from one year to the next in order to assess the change in underlying volumes. In this report, PPPs are shown for 20 expenditure components, such as: Food and Non Alcoholic Beverages; Clothing and Footwear; Transport, Machinery and Equipment; and Construction. These PPPs are then used to convert expenditures reported by countries in their national currencies to a common currency and at the same price levels. This means that the comparisons are between expenditure volumes: they are real comparisons and are not distorted by price differences. (In exactly the same way, GDP at constant prices is used to compare the real changes in the volume of a country’s GDP from one year to the next, undistorted by changes in prices.) The notion of PPPs is sometimes interpreted as “equilibrium” exchange rates, to which market exchange rates are expected to converge – but this is not correct. See the theory of PPPs in Box 2. 1.2.3 Exchange rates An exchange rate (foreign exchange rate) between two currencies is the rate at which one currency will be exchanged for another – the value of one country’s currency in terms of another currency. Before PPPs became widely available, the GDPs of different countries were often converted to a common currency using market exchange rates. This resulted in misleading comparisons because although the GDPs were all in the same currency, they were still at different price levels (see Box 3). 4 The people who carried out this process often acknowledged that the exchange rate-converted estimates could be misleading but they felt they had no alternative. Now that PPPs are available for almost all countries in the world and are calculated econometrically by the World Bank for the few missing countries, there is no possible reason to compare GDP and its expenditure components using exchange rates. This is now widely recognized by economists, financial journalists, and other analysts, and by international organizations. The World Bank, the International Monetary Fund (IMF), the Organization for Economic Cooperation and Development (OECD), as well as the United Nations and its affiliates now routinely use PPPs in comparative analyses of their member countries. 1.2.4. Price Level Indices (PLIs) Price Level Indices are the ratios of the PPPs to the exchange rates. They provide a measure of the differences in price levels between economies by indicating for a given aggregation level or analytical category the number of units of the common currency needed to buy the same volume of the aggregation level or analytical category in each economy. At the level of GDP, they provide a measure of the differences in the general price levels of economies. Countries with PLIs greater than 100 have price levels that are higher than that of the base country, while countries with PLIs less than 100 have price levels that are lower than that of the base country. Like PPPs, PLIs can be calculated for products, product groups, aggregates, and GDP. At the level of GDP, PLIs provide a measure of the differences in the general price levels of countries. For example, if the GDP PLI for a given country is 105.0, persons from that country who converted their money to that of PART 1. Introduction and Conceptual Framework Box 2. The theory of Purchasing Power Parity The premise behind Purchasing Power Parity theory is that if buyers and sellers have equal access to markets and to information, the price of a given article will be the same everywhere, unless there are differences in transaction costs. This is sometimes referred to as the “law of one price” and means, for example, that a banana of a given quality will have the same price everywhere in the world after deducting transaction costs which, in the case of bananas, mainly consist of international freight and insurance charges. Gustav Cassel, the Swedish economist whose name is most often linked to Purchasing Power Parity theory, speculated that, in a free trade regime and ignoring differences in transaction costs, the exchange rate should equal the PPP. The Purchasing Power Parity theory has been interpreted in two different ways. It has been used to assert that changes in PPPs will be linked to changes in exchange rates. If, for example, a country’s PPP rises by 5% per year, indicating that each year its price level is increasing 5% faster than in the base country, the exchange rate vis-à vis the base country will depreciate by approximately the same amount. There is strong empirical evidence of such a link: exchange rates do tend to depreciate when a country’s domestic inflation rate is higher than that of its trade partners. The effect is not instantaneous and the changes are not identical in size but the direction of the change is usually predictable. Another interpretation, which is much less defensible, is that the PPP is actually the “correct” or “equilibrium” exchange rate and that over time, markets will adjust the exchange rate to the PPP. This interpretation relies on the assumption that exchange rates are mainly determined by purchases of currencies to buy imports and by sales of currencies earned from exports. In reality, only a part of the demand and supply of currencies is related to international trade; indeed capital movements wholly unrelated to international trade may have equal or even more impact on the exchange rate. At the same time it should be noted that PPPs cover many goods and services which cannot be traded internationally, so that their prices can have no direct effect on the exchange rate. The PPPs calculated for the ICP are designed as price deflators for international comparisons of the levels of GDP and that is what they should be used for. PPPs are not “equilibrium” exchange rates and provide no guide as to what the exchange rate should be. Reference: Cassel, Gustav (December 1918). “Abnormal Deviations in International Exchanges,” The Economic Journal. Vol. 28, No. 112, pp. 413–415. 5 PART 1. Introduction and Conceptual Framework Box 3. Exchange rates and PPPs 1. The ratio of the GDPs of two countries when both GDPs are valued at national price levels and expressed in national currencies has three component ratios: GDP ratio = price level ratio x currency ratio x volume ratio (1) 2. hen converting the GDP ratio in (1) to a common currency using the exchange W rate as the currency converter, the resulting GDPXR ratio remains with two component ratios: GDPXR ratio = price level ratio x volume ratio (2) he GDP ratio in (2) is expressed in a common currency, but it reflects both the T price level differences and the volume differences between the two countries. 3. A PPP is defined as a spatial price deflator and currency converter. It comprises two component ratios: PPP = price level ratio x currency ratio (3) 4. hen a PPP is used, the GDP ratio in (1) is divided through by (3) and the resulting W GDP ratio/PPP ratio has only one component ratio: GDP ratio/PPP ratio = volume ratio (4) The GDP ratio in (4) is expressed in a common currency, is valued at a common price level, and reflects only volume differences between the two countries. the base country at the market exchange rate would find that a representative cross section of all the goods and services in GDP would cost 5% less in the base country than in their own country. In other words, the price level in their own country is, on average, 5% higher than in the base country. 1.2.5. Uses of PPPs Policymakers and researchers, at both international and national levels, use PPPs as inputs 6 into economic research and policy analysis that involve comparisons between countries. PPPs are employed either to generate volume measures with which to compare the size of countries and their levels of material well-being, consumption, investment, government expenditure and overall productivity, or to generate price measures with which to compare price levels, price structures, price convergence, and competitiveness. PPP-converted GDPs are used to standardize other economic PART 1. Introduction and Conceptual Framework variables such as carbon emissions per unit of GDP, energy use per unit of GDP, GDP per employee, or GDP per hour worked. Multinational corporations, for example, use PPPs to evaluate the cost of investment in different countries. Some of the principal users are international bodies such as the African Development Bank, the World Bank, the European Commission, the International Monetary Fund, the Organization for Economic Cooperation and Development, and the United Nations and its affiliates. Economic Communities (RECs) such as SADC, ECOWAS, COMESA, ECCAS, EAC, and AMU. The RECs have published a number of ambitious initiatives, supported by stronger institution and policy frameworks at the continental level. The rate of investment in regional infrastructure connections has increased and African countries have undertaken far-reaching regulatory reforms to facilitate trade. PPPs can be used to assess the relative size of the member states and their total market potential for investment. One major use of PPPs is poverty assessment, using the World Bank’s 1.25 dollar-a-day per person international poverty threshold. National poverty assessments differ because the purchasing power of national currencies differs from one country to another. Therefore, to establish an international poverty line, purchasing power needs to be equalized over countries. This is done by converting the international poverty line of 1.25 dollars to national price levels with PPPs. Data from household surveys are then used to determine the number of people living with per capita consumption below this poverty line. The World Health Organization uses PPPs when comparing per capita expenditure on health across countries. Similarly, the United Nations Educational, Scientific and Cultural Organization (UNESCO) uses PPPs when assessing the per capita expenditure on education in different countries. A related use is the estimation of the United Nation’s Human Development Index, in which PPP-converted gross national income per capita is one of the three variables that constitute the index. Regional integration and intra-regional trade are major transformative development vehicles in Africa, particularly among the Regional 7 PART 1. Introduction and Conceptual Framework A detailed description regarding the various uses, with some examples of the kind of questions that can be only be answered using PPPs and PLIs, is provided in Box 4 below. 1.2.6 When not to use PPPs PPPs are designed to compare GDP and its expenditure components at a single point in time. Three important points to bear in mind are: • Because of their focus on GDP, they are not relevant for making international comparisons of other kinds of statistics. For example, when comparing migrant workers’ remittances or foreign direct investment in different countries, the standard practice is to convert them to a single currency using exchange rates; indeed, that is the correct procedure. • Because they refer to a single point in time, PPPs are not relevant when comparing the changes in GDP over time. Each country’s own estimates of real (“constant price”) GDP in national currencies provide the only correct measures of the growth of GDP. • PPPs have sometimes been interpreted as equilibrium exchange rates to which market exchange rates are expected to converge. This was a theoretical proposition first suggested by Gustav Cassel9 in the early years of the last century. Experience since then has cast considerable doubt on this convergence theory and the PPPs shown here tell us nothing about what the market exchange rate “should be.” 9 Cassel, Gustav (1918), “Abnormal Deviations in International Exchanges” The Economic Journal, Vol. 28, No. 112, pp. 413–415, December. 8 1.2.7. Reliability of PPPs and real expenditures Estimates such as the PPPs are point estimates, which are subject to error. The error margins surrounding PPPs depend on the reliability of the expenditure weights and the price data reported by participating countries as well as the extent to which the goods and services priced reflect the consumption patterns and price levels of each participating country. As with national accounts generally, it is difficult to calculate precise error margins for PPPs or for the real expenditures derived from them. The 2011 ICP in Africa included countries ranging from small island states such as the Seychelles and Cabo Verde to large and diverse countries such as Egypt, Nigeria, and South Africa, which include many people living in remote rural areas and in large urban conurbations. These and similar countries had to produce national average prices for goods and services that were comparable with those of other countries in their subregions. The accuracy of the PPPs for these countries depends upon the extent to which the selected goods and services were representative of their entire country and on their ability to provide nationally representative average prices. The need to measure prices for internationally comparable goods and services means that they are more likely to reflect prices in urban areas. In practice, many household goods and services are available only in towns, so the urban and rural prices for these items are the same. If the urban-to-rural price differentials are similar across countries, any bias will tend to cancel out in the estimation of PPPs; if not, results for some countries may be biased, up or down, depending on the degree to which urban and rural areas are over- or PART 1. Introduction and Conceptual Framework under-represented. The report on Quality Assessment and Methodology of ICP-Africa, to be released soon, describes the national coverage of each country’s price collection for ICP 2011. It shows that most managed to obtain reasonably even coverage of prices throughout the country. Comparing countries by the size of their real GDP or their real GDP per capita assumes that all the countries employ the same definition of GDP and that their measurement is equally exhaustive. During the conduct of ICP 2011, countries were trained on the procedures and need to ensure the exhaustiveness of the measurement. As part of the monitoring process, all countries provided information on the exhaustiveness and quality of national accounts, and confirmed that they were in conformity with SNA 1993 requirements. However, it is possible that the GDPs of countries with large informal sectors could be underestimated. It should be noted that there may be errors in the population data, in addition to those in the price and expenditure data. However, small differences between real GDPs and real GDPs per capita should not be considered significant. It is generally accepted that differences of less than 5% lie within the acceptable margin of error of the PPP-based estimates. There is also a need for caution when making comparisons of price levels or per capita expenditures at low levels of aggregation. Margins of error increase as the level of aggregation gets lower. Furthermore, some prices such as for housing and health services are more difficult to measure, and services in general are more difficult to price than are goods. Comparisons of these components have wider measures of error than, for example, those for food products, beverages, and everyday items for household use. 1.2.8 Real expenditure Economies report nominal expenditures on GDP and its constituent aggregates and product groups. Nominal expenditures are expenditures that are valued at national price levels. They can be expressed either in national currencies or, when converted with exchange rates, in a common currency. In the latter, the converted expenditures remain nominal because, as explained earlier, exchange rates do not correct for differences in price levels between economies, and so the expenditures are still valued at national price levels. For the ICP, economies report their nominal expenditures in national currencies. PPPs are used to convert these nominal expenditures to real expenditures. Real expenditures are expenditures that are valued at a common price level. They reflect real or actual differences in the volumes purchased in economies and provide the measures required for international volume comparisons: indices of real expenditure and indices of real expenditure per capita. At the level of GDP, indices of real expenditure are widely used to compare the size of economies, while indices of real expenditure per capita are frequently used to compare the material well-being of their resident population. Although the indices of real expenditure and real expenditure per capita GDP are the best-known, indices of real expenditure and real expenditure per capita for aggregates and product groups are also important, allowing in-depth analysis of comparison results. 1.2.9. Actual Individual Consumption (AIC) Actual Individual Consumption or AIC comprises all the goods and services that households consume to satisfy their individual needs. It is defined as the sum of the individual consumption expenditures of households, general 9 PART 1. Introduction and Conceptual Framework government, and Non-Profit Institutions Serving Households (NPISHs). It is a measure of the consumption of goods and services that households actually consume, as opposed to what they actually purchase. On a per capita basis, it is a better measure of material well-being than either GDP or Individual Consumption Expenditure by Households, when material well-being is defined in terms of the goods and services consumed by households. The provision of services such as health and education can vary considerably from country to country. If only household expenditure is compared, countries where households purchase health and education themselves will appear to consume more than households in countries where these services are provided by the government or NPISHs. 1.2.10.Methodological improvements compared with ICP 2005 Each round of the ICP draws on the experience gained in previous rounds. For ICP 2011, the principal innovations related to metadata, price surveys for household final consumption expenditure, product lists, estimation of expenditure weights, the “importance” of products, reference PPPs, the calculation of PPPs for building and construction, data on compensation of government employees, and linking regional results to obtain the global comparison. These various changes are described in Quality Assessment and Methodology of ICP-Africa, to be published shortly. Box 4 below gives some examples of the kinds of questions that can only be answered using PPPs and PLIs. They are all questions about how any single country that participated in ICP 2011 compares to other countries in the region or in the world as a whole. Such comparisons are of interest to policy-makers, analysts, and development planners both at the international level and within national governments. Box 4. Examples of questions that can only be answered using PPPs or PLIs No. 10 Question Relevant indicators Issues for policy-makers 1 How “rich” is your country compared with other countries in Africa (or the world)? GDP (PPP) / population How can GDP growth rates be raised – fiscal and monetary policy, industrial policy? 2 How well-off are people in your country compared with other countries in Africa (or the world)? Actual household consumption (PPP) / population Measure of well-being (direct satisfaction of human needs whether direct or collective) PART 1. Introduction and Conceptual Framework Box 4. Examples of questions that can only be answered using PPPs or PLIs, cont. No. Question Relevant indicators Issues for policy-makers 3 How many people are living in poverty? Number of persons living on less than US$ 1.25 (PPP) per day Provision of aid to low-income families? Minimum wage legislation? 4 How productive are your workers compared with other countries in Africa (or the world)? GDP (PPP) / numbers employed, or GDP (PPP) / hours worked If labor productivity is low, is it because of low investment in the past? Do labor skills match needs? 5 Compared with other countries in Africa (or the world), how much of total GDP is available for household consumption? Actual household consumption (PPP) / GDP (PPP) If only a small part of GDP goes into household consumption, is the income distribution unfairly skewed towards the rich, are consumption taxes too high, or does government expenditure take too high a share in GDP? 6 Is expenditure on education in your country high or low compared with other countries in Africa (or the world)? Household + government expenditure on education (PPP)/ population If expenditure on education is exceptionally high in your country, are you seeing concrete benefits such as higher literacy rates, or growth in hi-tech services, or is money for education being spent inefficiently? 7 Compared with other countries in Africa (or the world), does your country have a high or low investment rate? Gross Fixed Capital Formation (PPP) / population Capital formation is a key driver of economic development. If your investment ratio is low compared to other countries, how can resources be shifted toward investment? A better climate for foreign direct investment, changes to the tax-code, or lower import duties on investment goods? 8 Compared with other countries in Africa (or the world), does your country emit small or large amounts of CO²? Tons of CO² emissions / GDP (PPP) If your CO²/GDP ratio is higher than other countries, is it because you have many energy-intensive industries or is energy being used wastefully? Is there a case for carbon taxes or carbon-trading? What can be done to improve energy efficiency? 11 PART 1. Introduction and Conceptual Framework Box 4. Examples of questions that can only be answered using PPPs or PLIs, cont. No. 12 Question Relevant indicators Issues for policy-makers 9 How much food do people in your country consume compared with other countries in Africa (or the world)? Expenditure on Food and Non-alcoholic Beverages (PPP) /population If per capita food consumption is low, should aid be provided for low-income families? Are food prices too high because of inefficient distribution system, or because import duties or VAT rates are too high? 10 How efficient is your government compared with other countries in Africa (or the world)? Government collective expenditure (PPP)/ population Are government employees working inefficiently – over-staffing, recruitment policy, staff training? 11 How does the price level of construction in your country compare with other countries in Africa (or the world)? PLI for construction If construction prices are higher in your country than in neighboring countries, what has gone wrong? Excessive import duties on building materials, weak transport systems, inefficiency or corruption in awarding contracts? 12 Are daily living costs in your country high or low compared with other countries in Africa (or the world)? PLI for Actual Household Consumption Cost of living 13 Are health costs in your country high or low compared with other countries in Africa (or the world)? PLI for Health expenditures If price levels are high, can more generic drugs be introduced, can more competition be encouraged among pharmacists, are drug control and testing procedures too restrictive? 14 When tourists come to your country, will they find it relatively expensive? PLIs for Hotels, Restaurants, and Transportation If price levels are higher than in competing nations, should VAT on hotel and restaurant services be reduced? 15 How expensive is your government compared with other countries in Africa (or the world)? PLI for Collective and Individual expenditures of government If your government costs seem very high, are government employees overpaid or are they less efficient than in other countries so that you need more of them? PART 1. Introduction and Conceptual Framework Box 4. Examples of questions that can only be answered using PPPs or PLIs, cont. No. 16 Question Are food prices high or low in your country compared with other countries in Africa (or the world)? Relevant indicators PLI for Food and Non-Alcoholic Beverages The PPP applications discussed above serve as an illustration of the diversity of the areas for PPP use. It is useful to know when PPPs can be used and where market exchange rates are more appropriate. PPPs are generally required Issues for policy-makers If prices of crops and livestock are high, can farm productivity be raised by land reform, better farm practices, or the introduction of genetically modified seeds? to compute levels of activity and related data (per capita volumes) but exchange rates are sometimes more appropriate for comparing relative levels of financial aggregates. 13 PART 2. Results and Findings 14 PART 2. Results and Findings 2.1. INTRODUCTION The main objective of the ICP is to compile real expenditure of GDP and its major aggregates for all participating economies using PPPs of currencies in the region. This section presents the main results of the 2011 ICP for Africa – estimates of PPPs, real and nominal GDP per capita, and expenditures. Included also in this section are Price Level Indices (PLIs), Actual Individual Consumption (AIC), Gross Fixed Capital Formation (GFCF), mid-year population, and annual average market exchange rates as provided in 2011 to facilitate the computation and analysis. In computing PPPs, two sets of data are required: The first set is composed of estimates of GDP compiled following the expenditure approach of the 1993 System of National Accounts (SNA 1993) with GDP divided into categories known as basic headings. A basic heading is defined as the smallest aggregate for which expenditure data are available and consists of a group of similar well-defined goods and services for which a sample of products can be selected that is both representative of their type and of the purchase made in participating countries. The compilation should: (i) refer to the year of the comparison; (ii) use the same definition of GDP, and (iii) be equally exhaustive for all participating countries. For national accounts, data are required from surveys such as housing, construction and civil engineering, machinery and equipment, compensation of employees, and private education. The second set of data consists of price data collected through surveys using a common basket of precisely defined goods and services. These data must: (i) be comparable and / or representative of national consumption; (ii) represent all the components of the aggregate (consumption or the entire GDP) being compared; (iii) match on the features that affect prices (outlet type, quality of service, etc.). National annual average prices are required. To this end, the scope of the survey should be the entire country, i.e. a national coverage (prices collected from a national sample of outlets) and during the entire year of reference. The information of interest in the surveys is the prices paid by households in countries participating in the comparison. In addition to price and expenditure data, participating countries should also provide annual average exchange rates and the mid-year population for the comparison. 2.2. A SUMMARY PRESENTATION OF THE MAIN RESULTS The main results of the ICP 2011 are summarized in Table 1, focusing on PPPs, price level indices, and real expenditures at the GDP level. • The first column gives GDP for 2011, as reported by countries in millions of local currency units (LCUs); • Column 2 gives the PPPs for GDP with South Africa as the base country; • Nominal GDP divided by the PPP gives real GDP in million ZAR. These GDP figures are “real” in the sense that the differences in price level between countries have been removed: comparisons between these real GDP figures are between the underlying volumes of goods and services. • Real GDP in ZAR is given in Column 3; • Column 4 shows the share of each country’s real GDP in the total GDP of Africa; 15 PART 2. Results and Findings • Column 5 shows each country’s mid-year 2011 population (in millions); • Column 6 shows per capita real GDP in ZAR (column 3/column 5); • Column 7 converts the per capita figures to an index with the average for Africa as 100: a figure greater/smaller than 100 means that the country’s per capita GDP is above/ below the average for Africa; • Column 8 gives the market exchange rates for each country’s currency against the ZAR. The ratio of the PPPs to the exchange rates gives the Price Level Indices (PLIs) which are shown both with South Africa equal to 1 in column 9 and with the average for Africa equal to 100 in Column 10. In the latter case, a figure greater/smaller than 100 means that the country’s overall price level is higher/lower than the average for Africa; 16 • Columns 11 and 12 show nominal GDP both in million ZAR, and as shares of Africa’s total GDP. There is no analytic value to these nominal figures. They cannot be compared across countries because they are at different price levels and are given here to demonstrate how misleading exchange rate-converted GDP can be; • The last five columns show the rankings of the 50 African countries by nominal GDP, by real GDP by per capita, real GDP, and by price levels (Columns 14 and 15 give the ranking of the 50 African countries within the continent and in the world). The comparison between the rankings of nominal and real GDP is particularly revealing: when the rankings are done correctly, i.e. using real rather than nominal GDP, rankings change by at least one position for 35 countries and by 2 or more places for 23 countries. PART 2. Results and Findings 17 PART 2. Results and Findings Table 1. Summary of Main Results, ICP 2011 Country Algeria Real GDP Population (mn) Real GDP per capita Nominal GDP (LCU mn) PPP ZAR=1 (1) (2) (3) (4) (5) (6) (7) 14,481,007.9 6.2 2,319,975.7 11.83 36.0 64,479.2 334.7 ZAR (mn) Shares (Africa = 100%) Index (Africa = 100) ZAR Angola 9,767,611.2 14.3 684,143.1 3.49 19.6 34,872.5 181.0 Benin 3,439,771.2 44.9 76,637.1 0.39 9.1 8,421.7 43.7 102,491.7 0.8 130,050.4 0.66 2.0 64,041.0 332.4 Botswana Burkina Faso 4,868,468.5 44.8 108,633.6 0.55 17.0 6,402.3 33.2 Burundi 2,599,940.6 88.9 29,240.3 0.15 8.6 3,409.9 17.7 149,003.6 10.2 14,589.6 0.07 0.5 29,145.0 151.3 12,545,651.0 47.5 264,150.5 1.35 20.0 13,187.5 68.4 Central Afr, Rep, 1,029,723.6 53.6 19,197.0 0.10 4.5 4,278.5 22.2 Chad 5,725,349.8 52.5 109,134.8 0.56 11.5 9,469.0 49.1 95,437.7 43.5 2,193.0 0.01 0.8 2,908.7 15.1 Cabo Verde Cameroon Comoros Congo Republic 6,982,507.4 60.7 115,076.0 0.59 4.1 27,797.8 144.3 Congo, Dem, Rep, 23,146,149.4 109.2 211,957.3 1.08 67.8 3,128.2 16.2 Côte d'Ivoire 12,275,478.0 47.9 256,441.2 1.31 20.2 12,724.8 66.0 205,314.4 19.7 10,419.5 0.05 0.9 11,506.1 59.7 Djibouti Egypt Equatorial Guinea Ethiopia Gabon 1,371,078.1 0.3 3,952,422.2 20.16 79.6 49,642.6 257.7 8,367,319.3 61.8 135,447.4 0.69 0.7 188,065.8 976.1 506,095.7 1.0 490,517.1 2.50 84.7 5,788.9 30.0 8,046,080.1 66.7 120,640.2 0.62 1.5 78,630.8 408.1 Gambia, The 26,596.4 2.1 12,762.8 0.07 1.8 7,185.8 37.3 Ghana 59,816.3 0.1 407,906.4 2.08 25.0 16,338.6 84.8 Guinea 33,128,317.5 526.7 62,895.0 0.32 10.2 6,153.0 31.9 Guinea-Bissau Kenya Lesotho Liberia 464,652.9 46.2 10,067.9 0.05 1.5 6,507.7 33.8 3,048,866.6 7.2 423,484.3 2.16 41.6 10,177.5 52.8 18,331.0 0.8 22,279.7 0.11 2.2 10,155.6 52.7 1,147.3 0.1 10,559.7 0.05 4.1 2,557.7 13.3 20,276,384.1 141.3 143,514.3 0.73 21.3 6,733.0 34.9 Malawi 1,140,842.5 16.0 71,524.9 0.36 15.4 4,650.2 24.1 Mali 5,024,473.0 44.1 113,969.9 0.58 15.8 7,195.3 37.3 Madagascar 18 PART 2. Results and Findings Exchange rate. LCU per ZAR Price Level Indices Nominal GDP Rankings Shares (Africa = 100) Price Level Index Africa= 100 (8) (9) (10) (11) (12) (13) Africa (14) Global (15) (16) (17) 10.0 0.6 89.7 1,441,615.8 10.61 4 4 35 5 39 ZAR (mn) Nominal GDP Real per capita GDP ZAR=1 Real GDP 12.9 1.1 159.6 756,597.7 5.57 5 7 69 11 1 65.0 0.7 99.6 52,931.6 0.39 32 31 133 29 34 0.9 0.8 120.7 108,830.0 0.80 20 21 114 6 12 65.0 0.7 99.5 74,916.5 0.55 28 26 125 38 35 173.7 0.5 73.9 14,970.2 0.11 42 40 151 47 45 10.9 0.9 135.6 13,715.2 0.10 43 43 160 14 6 65.0 0.7 105.4 193,053.8 1.42 12 13 93 22 27 65.0 0.8 119.1 15,845.5 0.12 41 42 156 45 13 65.0 0.8 116.5 88,102.3 0.65 25 25 124 28 17 48.7 0.9 128.8 1,958.1 0.01 49 50 178 49 8 65.0 0.9 134.7 107,447.6 0.79 21 23 120 15 7 126.6 0.9 124.4 182,782.7 1.35 14 16 100 48 9 65.0 0.7 106.3 188,896.3 1.39 13 15 95 23 24 24.5 0.8 116.2 8,388.5 0.06 44 46 165 24 18 0.8 0.4 61.3 1,678,048.7 12.35 3 1 23 8 50 65.0 1.0 137.1 128,757.2 0.95 18 20 111 1 5 2.3 0.4 64.0 217,455.1 1.60 11 9 76 42 49 65.0 1.0 148.1 123,813.9 0.91 19 22 117 3 2 4.1 0.5 74.1 6,555.0 0.05 48 44 162 33 44 0.2 0.7 101.6 287,286.2 2.11 9 11 82 17 31 911.8 0.6 83.3 36,332.1 0.27 35 35 140 41 42 65.0 0.7 102.5 7,150.1 0.05 47 47 166 37 29 12.2 0.6 84.9 249,273.8 1.83 10 10 78 26 41 1.0 0.8 118.7 18,331.0 0.13 40 41 153 27 14 0.1 0.8 113.8 8,330.9 0.06 45 45 164 50 19 278.9 0.5 73.1 72,701.6 0.53 29 18 108 34 47 21.5 0.7 107.3 53,177.5 0.39 31 32 136 43 23 65.0 0.7 97.9 77,317.1 0.57 27 24 121 32 36 19 PART 2. Results and Findings Country Mauritania Real GDP Nominal GDP (LCU mn) PPP ZAR=1 (1) (2) (3) ZAR (mn) Shares (Africa = 100%) Population (mn) (4) (5) Real GDP per capita Index (Africa = 100) ZAR (6) (7) 1,309,363.9 24.3 53,903.0 0.27 3.5 15,220.2 79.0 Mauritius 322,959.0 3.3 96,987.6 0.49 1.3 74,229.4 385.3 Morocco 802,607.0 0.8 1,040,298.5 5.31 32.3 32,234.4 167.3 Mozambique 364,736.7 3.4 108,347.6 0.55 23.9 4,527.7 23.5 Namibia 90,602.6 1.0 92,642.6 0.47 2.3 39,863.4 206.9 Niger 3,025,524.8 46.4 65,210.4 0.33 16.1 4,058.2 21.1 Nigeria 38,016,971.1 15.6 2,437,744.1 12.43 162.5 15,004.2 77.9 Rwanda 3,814,419.3 54.7 69,694.3 0.36 10.9 6,368.9 33.1 São Tomé & Príncipe 4,375,541.7 1786.8 2,448.9 0.01 0.2 14,531.1 75.4 Senegal 6,766,801.2 49.5 136,658.9 0.70 12.8 10,703.6 55.6 Seychelles 13,118.6 1.4 9,410.6 0.05 0.1 108,318.8 562.2 Sierra Leone 12,754,888.7 325.6 39,170.0 0.20 6.0 6,531.1 33.9 South Africa 2,917,538.7 1.0 2,917,538.7 14.88 50.5 57,818.9 300.1 186,555.7 0.3 718,809.1 3.67 42.2 17,014.5 88.3 29,699.9 0.8 36,311.9 0.19 1.2 30,176.2 156.6 37,532,961.3 109.8 341,899.6 1.74 46.2 7,397.5 38.4 Sudan Swaziland Tanzania Togo 1,739,221.7 45.1 38,566.5 0.20 6.2 6,266.1 32.5 Tunisia 64,730.5 0.1 521,364.2 2.66 10.6 49,212.9 255.4 Uganda 45,944,056.7 174.5 263,337.0 1.34 34.5 7,630.9 39.6 Zambia 101,104,813.8 498.9 202,665.9 1.03 13.5 15,040.2 78.1 8,865.4 0.11 83,766.5 0.43 12.8 6,567.7 34.1 na na 19,606,606.7 100 1017.6 19,267.4 100 Zimbabwe AFRICA 20 PART 2. Results and Findings Exchange rate. LCU per ZAR (8) Price Level Indices Nominal GDP ZAR=1 Africa= 100 (9) (10) (11) ZAR (mn) Rankings Shares (Africa = 100) Nominal GDP (12) (13) Real per capita GDP Real GDP Price Level Index Africa (14) Global (15) (16) (17) 39.3 0.6 89.1 33,304.6 0.25 36 36 143 18 40 4.0 0.8 121.5 81,692.0 0.60 26 28 127 4 10 1.1 0.7 99.9 720,384.9 5.30 6 5 59 12 32 4.0 0.8 121.3 91,111.7 0.67 23 27 126 44 11 1.0 1.0 141.1 90,602.6 0.67 24 29 129 10 4 65.0 0.7 103.0 46,557.1 0.34 33 34 139 46 28 21.2 0.7 106.2 1,793,637.1 13.20 2 3 32 20 25 82.9 0.7 95.3 46,021.0 0.34 34 33 138 39 37 2,427.0 0.7 106.2 1,802.8 0.01 50 49 177 21 26 65.0 0.8 109.9 104,128.2 0.77 22 19 110 25 20 1.7 0.8 118.0 7,693.7 0.06 46 48 167 2 16 597.2 0.5 78.7 21,358.9 0.16 39 37 146 36 43 1.0 1.0 144.3 2,917,538.7 21.47 1 2 28 7 3 0.4 0.7 102.0 507,983.0 3.74 7 6 65 16 30 1.0 0.8 118.0 29,699.9 0.22 37 39 149 13 15 216.5 0.5 73.2 173,353.4 1.28 15 12 83 31 46 65.0 0.7 100.1 26,763.3 0.20 38 38 147 40 33 0.2 0.6 92.4 333,869.5 2.46 8 8 74 9 38 347.4 0.5 72.5 132,239.0 0.97 17 14 94 30 48 669.4 0.7 107.5 151,035.8 1.11 16 17 101 19 22 0.1 0.8 110.9 64,373.1 0.47 30 30 130 35 21 100 13,589,732.4 100 na na na na na na 21 PART 2. Results and Findings Figure A: GDP shares in Africa in nominal and real terms, 2011 Figure A.1. Nominal GDP Country Shares (Africa = 100%) Figure A.2. Real GDP Country Shares (Africa = 100%) Algeria 10.6% Angola 5.6% Algeria 11.8% Egypt 12.3% Morocco 5.3% Nigeria 13.2% Other Countries 31.5% South Africa 21.5% 2.3. COUNTRY ANALYSIS 2.3.1 GDP shares in Africa: nominal and real The GDP shares in Africa in nominal and real terms for 2011 are shown in Figure A. According to the 2011 ICP results, the nominal GDP shares suggest that South Africa was the largest economy, accounting for 21.5% of Africa’s total GDP. Nigeria, Egypt, and Algeria are second, third, and fourth accounting for 13.2%, 12.3%, and 10.6% respectively. In terms of real GDP, Egypt had the largest share accounting for 20.2%, while South Africa, Nigeria, and Algeria had 22 Morocco 5.3% Sudan 3.7% Other Countries 31.7% Nigeria 12.4% South Africa 14.9% Egypt 20.2% 14.9%, 12.4%, and 11.8% respectively. The other significant change to note is that while Angola is among the six largest economies in nominal terms, it is replaced by Sudan when the more appropriate PPP-converted figures are used. Following the rebasing of GDP in Nigeria in early 2014, the GDP shares were recomputed to determine the real size of economies and distribution of GDP. Box 5 presents a new scenario which takes in account the revised GDP for Nigeria. PART 2. Results and Findings Box 5. New Scenario: GDP country shares (Africa = 100%) using Nigeria’s revised figures for 2013 Nominal GDP Country Shares Real GDP Country Shares Algeria 9.7% Angola 5.1% Morocco 4.9% Other Countries 28.9% Algeria 10.9% Egypt 11.3% South Africa 19.7% Nigeria 20.4% Morocco 4.9% Sudan 3.4% Other Countries 29.2% South Africa 13.7% Egypt 18.6% Nigeria 19.3% In April 2014, the Nigeria National Bureau of Statistics rebased Nigeria’s national accounts series from the 1990 base year to 2010. This came after a thorough review of the various data sources and introduction of the latest methodological applications in economic accounting and classification system. As a result, the nominal GDP increased by 59.5% and Nigeria became the largest economy in Africa and the 26th largest in the world. The chart above show that both in nominal terms and when 2013 GDP figures are adjusted with appropriate PPPs for 2011, Nigeria is the largest economy in Africa. The increase of Nigerian GDP has resulted in Africa becoming the fourth largest economic region of the world in between Latin America and Western Asia. 23 PART 2. Results and Findings Figure B: Size of African economies: GDP in real and nominal terms (ZAR million), the 24 largest economies Figure B.1. Twelve Largest Economies Figure B.2. Twelve Medium-Large Economies Egypt Cameroon South Africa Uganda Nigeria Côte d’Ivoire Algeria Congo, Dem. Rep. Morocco Zambia Sudan Madagascar Angola Senegal Tunisia Equatorial Guinea Ethiopia Botswana Kenya Gabon Ghana Congo Rep. Tanzania Mali 0 1,000,000 2,000,000 3,000,000 4,000,000 Real GDP ZAR (mn) Nominal GDP ZAR (mn) The size of all African economies that participated in the 2011 round is depicted in Figures B and C and give real and nominal GDP for all 50 countries. Because of the enormous differences between the small handful of very large countries and the rest, it is not helpful 24 0 100,000 Real GDP ZAR (mn) 200,000 300,000 Nominal GDP ZAR (mn) to show all countries in the same graph. The twelve largest economies in Figure B.1 account for 84.3% of Africa’s total real GDP, while the thirteen smallest in C.2 account for only 1.1%. PART 2. Results and Findings Figure C: Size of African economies: GDP in real and nominal terms (ZAR million), the 26 smallest economies Figure C.1. Thirteen Small-Medium Economies Figure C.2. Thirteen Smallest Economies Chad Togo Burkina Faso Swaziland Mozambique Burundi Mauritius Lesotho Namibia Central Afr. Rep. Zimbabwe Cabo Verde Benin Gambia, The Malawi Liberia Rwanda Djibouti Niger Guinea-Bissau Guinea Seychelles Mauritania São Tomé & Príncipe Sierra Leone Comoros 0 40,000 Real GDP ZAR (mn) 80,000 120,000 Nominal GDP ZAR (mn) Nominal and real GDP are identical for South Africa because it is the base country. For all other countries, the orange (real GDP) bar is longer than the blue (nominal GDP) bar, with the single exception of Angola. Angola’s price level is higher than that of South Africa but 0 10,000 20,000 Real GDP ZAR (mn) 30,000 40,000 Nominal GDP ZAR (mn) price levels in all other countries are lower. Price levels are particularly low in Egypt, Algeria, Uganda, Togo, and Burundi: as a result, the orange (real GDP) bars for these countries are much longer than the blue (nominal) bars. 25 PART 2. Results and Findings Figure D: Real per capita Gross Domestic Product (ZAR) Figure D.1. Twenty-five High Income Countries Figure D.2. Twenty-five Low Income Countries Equatorial Guinea Kenya Seychelles Lesotho Gabon Chad Mauritius Benin Algeria Uganda Botswana Tanzania South Africa Mali Egypt Gambia, The Tunisia Madagascar Namibia Zimbabwe Angola Sierra Leone Morocco Guinea-Bissau Swaziland Burkina Faso Cabo Verde Rwanda Congo Republic Togo AFRICA Guinea Sudan Ethiopia Ghana Mauritania Malawi Zambia Mozambique Nigeria Central Afr. Rep. São Tomé & Príncipe Niger Cameroon Burundi Côte d’Ivoire Congo, Dem. Rep. Djibouti Comoros Senegal Liberia 0 26 50,000 100,000 150,000 200,000 0 4,000 8,000 12,000 PART 2. Results and Findings Figure E: Distribution of real per capita GDP (ZAR) by number of countries 25 21 20 15 11 10 2 1 2 1 2 2 2 >80,000 1 [73,000-80,000] 3 2 [59,000-65,999] 5 2.3.2 Real GDP per capita The per capita real GDP of the 50 participating countries is shown in Figure D above. It is again not helpful to show all 50 in the same graph because of the enormous gap between the highest and lowest countries. Per capita real GDP of Equatorial Guinea – the top country in D.1 – was 188,066 ZAR compared with just over 2,558 ZAR in Liberia – the bottom country in D.2. The per capita GDP for Africa was 19,267 ZAR in 2011 but the distribution around the average was highly skewed, with 35 countries reporting per capita real GDP of less than the average while only 15 countries had per capita real GDP [52,000-58,999] [45,000-51,999] [38,000-44,999] [31,000-37,999] [24,000-30,999] [17,000-23,999] [10,000-16,999] [3,000-9,999] <3,000 0 above the average. The median per capita GDP was 10,441 ZAR and this median figure, rather than the average, better represents the overall situation in Africa. The distribution of per capita real GDP is shown in Figure E. The distribution is highly skewed with many poor countries and a few very rich ones. The latter tend to be either small islands with large tourist industries (Mauritius and Seychelles) or mineral exporters (Equatorial Guinea, Gabon, Botswana, and Algeria among others). The real per capita GDP in 34 countries is less than 17,000 ZAR. 27 PART 2. Results and Findings Figure F: Country PLI at GDP level, 2011 (Africa = 100) Angola Gabon South Africa Namibia Equatorial Guinea Cabo Verde Congo Republic Comoros Congo, Dem. Rep. Mauritius Mozambique Botswana Central African Rep. Lesotho Swaziland Seychelles Chad Djibouti Liberia Zimbabwe Senegal Zambia Malawi Côte d’Ivoire São Tomé & Príncipe Nigeria Cameroon Niger Guinea-Bissau Sudan Ghana Togo AFRICA Morocco Benin Burkina Faso Mali Rwanda Tunisia Algeria Mauritania Kenya Guinea Sierra Leone Gambia, The Burundi Tanzania Madagascar Uganda Ethiopia Egypt 0 50 > 110% 28 [110%; 90%] 100 < 90% 150 200 2.3.3 Price Level Indices The Price Level Indices which measure the differences in price levels between economies are shown in Figure F. The PLIs are obtained by dividing the PPPs by the exchange rate and are here shown with Africa = 100. The countries have been assigned to three price-bins; the red bin contains 20 countries whose price levels are 10% or more above the African average (100), the yellow bin contains 11 countries with price levels 90% or less than the African average. The gray bin represents those countries in the middle. GDP PLIs generally provide the level of prices of an economy. There is usually a positive correlation between PLIs and per capita GDP: high PLIs are associated with high per capita GDP and low PLIs are associated with low per capita GDP. Thus South Africa, Equatorial Guinea, Gabon, Seychelles, and other high per capita GDP countries are in the red high-PLI bin and Ethiopia, the Gambia, Uganda and some other low per capita GDP countries are in the low-PLI gray bin. There are, however, some striking exceptions: Liberia and Comoros Islands, which have the lowest and second lowest per capita GDP respectively, are both in the high PLI red bin and Egypt, with the 8th highest per capita GDP has the lowest PLI in Africa. The GDP PLI for Egypt is about 60% of the African average. The very low PLI explains the large differences between the nominal and real GDP for Egypt. 29 PART 2. Results and Findings PART 3. Sector Analysis 30 PART 3. Sector Analysis 3.1 INTRODUCTION This section presents highlights of the results for specific components of the ICP 2011. These components include: Food and Non-alcoholic Beverages; Actual Individual Consumption; Health & Education; Recreation Figure G: Ratio: food & non-alcoholic beverages PLI/ GDP PLI Ghana Sierra Leone Guinea Egypt Gabon São Tomé & Príncipe Equatorial Guinea Gambia, The Nigeria Sudan Central African Rep. Burundi Congo, Dem. Rep. Congo Rep. Liberia Togo Malawi Morocco Niger Guinea-Bissau Tanzania Tunisia Ethiopia Burkina Faso Seychelles Namibia Angola Madagascar Benin Botswana Senegal Comoros Uganda Algeria Côte d’Ivoire Mauritius Kenya Zambia Zimbabwe Djibouti Chad Mozambique Mauritania Mali Cameroon Swaziland Rwanda Lesotho Cabo Verde South Africa 0 0.25 > 1.0 0.5 0.75 1.0 1.25 1.5 < 1.0 31 PART 3. Sector Analysis and Culture; and Investments. In addition, it includes specifically transport, communication, construction, machinery and equipment, water housing, electricity, gas and other fuels. 3.2 FOOD AND NON-ALCOHOLIC BEVERAGES In recent years, food prices have been rising rapidly in many countries, particularly for wheat and other grains. Ratios of the PLIs for food and non-alcoholic beverages to PLIs for GDP are given in Figure G. Ratios above 1.0 (in red) mean that food prices were higher than the average price level for the economy as a whole and ratios below 1.0 (in blue) indicate that food is relatively cheap. Thirty countries have ratios in excess of 1.0 and twenty have ratios below 1.0. Sixteen countries had ratios of food to GDP prices of 1.1 or more; and five had ratios less than 0.9. This indicates that food prices were respectively higher or lower than the overall GDP price levels in those countries. For instance, food prices in Ghana and Sierra Leone were higher, while in South Africa they were lower compared to the overall price levels. Note, however, that these ratios refer to 2011. Food prices are usually volatile as they are heavily influenced by climate change. For example, if Figure G were available for a more recent year, it might well show a quite different picture of food prices compared to the general price level. Food and non-alcoholic beverages for the most and least expensive countries are shown in Figure H. The figure shows that food is more Figure H: Food and Non-Alcoholic Beverages PLIs –10 most expensive and 10 least expensive countries (Africa = 100) 200 Most Expensive Least Expensive 150 100 50 32 Uganda Ethiopia Egypt Madagascar Burundi Tanzania Kenya Rwanda Gambia Mauritania Liberia Comoros Central Afr. Rep. Ghana Congo, Dem. Rep. Namibia Congo Rep. Angola Equat. Guinea Gabon 0 PART 3. Sector Analysis Figure I: Bread and cereals PLIs: 10 most expensive and 10 least expensive countries (Africa = 100) 200 Most Expensive Least Expensive 150 100 50 Algeria Mali Ethiopia Gambia Mauritania Egypt Madagascar Kenya Tanzania Uganda Tunisia Morocco Chad Namibia Ghana Central Afr. Rep. Congo Rep. Equat. Guinea Gabon Angola 0 expensive in Gabon and Equatorial Guinea and less expensive in Ethiopia. However, the composition and ranking of countries change slightly when the staple foods are considered (bread and cereals – see Figure I). Gabon remains at the top in terms of PLIs for bread and cereals, while Algeria takes the bottom position as the least expensive. 3.3 FOOD EXPENDITURES The per capita expenditures on Food and Non-alcoholic Beverages in ZAR are shown in Figure J, ranging from a high of 19,473 ZAR in Seychelles to a low of 573 ZAR in Liberia. It seems that many households in countries in the lower part of Figure J must be living close to starvation levels. These include several populous countries: Ethiopia, Democratic Republic of the Congo, Mozambique, and Uganda. 33 PART 3. Sector Analysis Figure J: Per capita real expenditure on food and non-alcoholic beverages (ZAR) Seychelles Mauritius Swaziland Egypt Algeria South Africa Angola Cabo Verde São Tomé & Príncipe Equatorial Guinea Tunisia Gabon Morocco Botswana Mauritania Namibia Sudan Cameroon Zambia AFRICA Senegal Côte d’Ivoire Zimbabwe Chad Lesotho Benin Nigeria Tanzania Kenya Ghana Rwanda Madagascar Djibouti Mali Uganda Congo Republic Togo Guinea-Bissau Mozambique Burkina Faso Gambia Malawi Central African Rep. Sierra Leone Ethiopia Guinea Comoros Niger Burundi Congo, Dem. Rep. Liberia 0 5,000 > 5,000 ZAR 34 [2,000; 5,000] 10,000 < 2,000 ZAR 15,000 20,000 PART 3. Sector Analysis Figure K: Correlation between per capita real GDP and per capita real expenditure on food and non-alcoholic beverages 25,000 Per capita real expenditure on food and non-alcoholic beverages y = 2711,9ln(x) - 21746 R2 = 0,59276 20,000 Seychelles 15,000 Mauritius Swaziland Egypt 10,000 São Tomé & Príncipe 5,000 Morocco South Africa Algeria Equatorial Guinea Gabon Tunisia Botswana Ghana 200,000 180,000 160,000 140,000 120,000 100000 80,000 60,000 40,000 0 20,000 Central African Republic 0 -5,000 Per capita real GDP 3.3.1 Food and GDP expenditure Figure K shows the relationship between income, measured here by per capita GDP, and expenditure on food and non-alcoholic beverages. Food expenditures rise rapidly as low-income countries get richer; however, the increase flattens off at the higher end of the income scale as households tend to spend on other items, such as health, education, recreation, etc. The curve fitted to the data in Figure K suggests that about 60% of the increase in food expenditures can be explained by per capita GDP (R² = 0.5928). 3.4 HOUSEHOLD WELFARE A good measure of household welfare is provided by per capita Actual Individual Consumption (AIC). AIC includes all goods and services consumed by households, regardless of whether households make the purchases themselves or receive them free from NPISH or government. Figure L below ranks the 50 countries by per capita AIC. Seychelles (475.8) and Mauritius (426.5) are at the top with per capita AIC more than four times larger than the African average (100): the Democratic Republic of the 35 PART 3. Sector Analysis Figure L: Real per capita Actual Individual Consumption (Africa = 100) Seychelles Mauritius Egypt South Africa Tunisia Botswana Algeria Gabon Namibia Swaziland Equatorial Guinea Cabo Verde Angola Morocco São Tomé & Príncipe AFRICA Lesotho Sudan Cameroon Ghana Mauritania Nigeria Côte d’Ivoire Kenya Senegal Zambia Djibouti Congo Republic Chad Benin Uganda Zimbabwe Madagascar Rwanda Gambia Sierra Leone Togo Mali Tanzania Malawi Ethiopia Burkina Faso Guinea-Bissau Mozambique Central African Rep. Guinea Niger Burundi Comoros Liberia Congo, Dem. Rep. 0 100 > 150% 36 [50%; 150%] 200 < 50% 300 400 500 PART 3. Sector Analysis Figure M: Real per capita collective consumption by government (Africa = 100) Angola Algeria Mauritius Botswana Gabon South Africa Namibia Tunisia Egypt Morocco Cabo Verde Mauritania Djibouti Swaziland AFRICA Zambia Equatorial Guinea São Tomé & Príncipe Ghana Lesotho Sudan Guinea-Bissau Nigeria Congo Republic Cameroon Senegal Burkina Faso Mali Côte d’Ivoire Tanzania Benin Kenya Comoros Gambia, The Zimbabwe Sierra Leone Burundi Togo Madagascar Chad Guinea Ethiopia Niger Congo, Dem. Rep. Rwanda Liberia Malawi Mozambique Central African Rep. Uganda 0 100 > 150% [50%; 150%] 200 300 400 500 < 50% Note: Seychelles has been excluded as an outlier. Its GFCE was a very high 1,699. 37 PART 3. Sector Analysis Congo (16) and Liberia (21.6) have the lowest per capita AIC – about one-sixth and one-fifth of the African average respectively. Fourteen countries are in the red bin with per capita AIC at least 50% above the average: Twenty-one are in the lower, yellow bin with per capita AIC less than half of the African average. It is instructive to compare the rankings in Figure L with per capita GDP in Figure D. Equatorial Guinea had the highest per capita GDP in 2011 but falls to 11th place for per capita AIC and Congo was 15th in per capita GDP but only 27th in per capita AIC. Egypt, on the other hand, moves up from 8th position in per capita GDP to 3rd in per capita AIC. Swaziland is 13th in per capita GDP but 7th in per capita AIC. It is clear that high or low per capita GDP does not automatically translate into high or low per capita AIC. Countries with high per capita GDP may use substantial parts of their large GDP for investment, for collective government services, including defense and law and order, or for the accumulation of financial and physical assets abroad. At the other end of the scale, countries with low per capita GDP can achieve higher per capita AIC if they receive transfers from abroad either as official development assistance or as migrants’ remittances. 3.5 GOVERNMENT FINAL CONSUMPTION EXPENDITURE Government Final Consumption Expenditure (GFCE) is a transaction of the national account’s use of income, representing government expenditure on goods and services that are used for direct satisfaction of individual needs or collective needs of members of the community. The information or data on GFCE sheds light on the level of government involvement in providing goods and services for 38 the direct needs of the population. Figure M shows that the real per capita expenditure of government collective consumption is highest in Seychelles (1,699) then Angola (427) and Algeria (417). The GCFE was lowest in Uganda (6.2) and Central African Republic (9.2). In order not to distort the graph, Seychelles has been omitted as an outlier. 3.6. EDUCATION AND HEALTH Health and education services have both consumption and investment aspects. Being healthy and well educated is pleasurable as well as profitable. Figures N and O show per capita actual expenditure consumption of health and education services in 50 African countries. Actual consumption includes free health and education services provided by NPISH and government, in addition to what households purchase themselves. 3.6.1 Education Per capita consumption expenditures of education services are more than three times the African average in Tunisia, Algeria, Botswana, Mauritius, Namibia, and Seychelles (see Figure N). At the other end of the scale, per capita consumption of education services is less than one-tenth of the average in Comoros, Democratic Republic of Congo, Chad, Burkina Faso, Niger, Mozambique, Guinea-Bissau, Malawi, Central African Republic, Guinea, and Tanzania. 3.6.2 Health Figure O shows that per capita consumption of health services is more than three times the African average in Seychelles, Egypt, South Africa, and Mauritius. However, it is less than a tenth of the average in Niger, Cameroon, Burundi, Democratic Republic of Congo, Mozambique, Liberia, Central African Republic, and Comoros. PART 3. Sector Analysis Figure N: Real per capita consumption of education services (Africa=100) Namibia Mauritius Botswana Algeria Tunisia South Africa Egypt Morocco Ghana Cabo Verde Swaziland Equatorial Guinea Gabon Nigeria Kenya São Tomé & Príncipe Angola Uganda Lesotho Mauritania Togo Congo Republic Gambia, The Liberia Djibouti Senegal Zimbabwe Sierra Leone Sudan Zambia Benin Côte d’Ivoire Burundi Madagascar Cameroon Ethiopia Mali Rwanda Tanzania Guinea Central African Rep. Malawi Guinea-Bissau Mozambique Niger Burkina Faso Chad Congo, Dem. Rep. Comoros 0 100 > 250% [250%; 20%] 200 300 400 500 < 20% Note: Seychelles recorded the highest consumption of education services (709). It has been excluded as an outlier to avoid distorting the graph. 39 PART 3. Sector Analysis Figure O: Real per capita consumption of health services (Africa=100) Egypt South Africa Mauritius Namibia Algeria Equatorial Guinea Tunisia Swaziland Gabon Botswana Cabo Verde Sierra Leone Gambia, The Morocco Angola São Tomé & Príncipe Kenya Congo Republic Chad Lesotho Ghana Zambia Côte d’Ivoire Ethiopia Mauritania Nigeria Togo Guinea Senegal Malawi Tanzania Mali Benin Djibouti Uganda Sudan Zimbabwe Rwanda Burkina Faso Madagascar Guinea-Bissau Niger Cameroon Burundi Congo, Dem. Rep. Mozambique Liberia Central African Rep. Comoros 0 100 > 200% [200%; 20%] 200 300 400 500 < 20% Note: Seychelles has been omitted from the graph as an outlier. It recorded the largest per capita consumption of health services (585). 40 PART 3. Sector Analysis Figure P: Correlation between real per capita GDP and real per capita expenditure on recreation & culture 1,200 Real per capita expenditure on recreation and culture y = 0,9631x0,9439 R2 = 0,64035 Mauritius 1,000 800 600 South Africa 400 Seychelles Swaziland Egypt Tunisia Algeria Morocco 200 Lesotho Uganda 0 Gabon Angola Congo Equatorial Guinea Benin 0 200 400 600 800 1,000 1,200 Real per capita Gross Domestic Product As expected, there is close correlation between per capita GDP and per capita expenditures on both health and education. Countries in the top halves of Figures L and N mostly have high per capita GDP, while those lower down tend to be poorer. The few exceptions include Kenya, the Gambia, and Sierra Leone, as these countries consume more health and education services than might be expected, given their low levels of per capita GDP. Conversely, Sudan, Côte d’Ivoire, and Senegal could be expected to consume more of these services, given their relatively high per capita GDP. 3.7. RECREATION AND CULTURE For most countries, the percentage of GDP spent on recreation and culture is positively correlated with per capita GDP. Thus, the richer the country, the higher the percentage expenditure on this component. However, there are exceptions, as can be seen from Figure P. Equatorial Guinea, Gabon, and Angola have higher GDP per capita than the average but spend relatively low on recreation and culture, while Uganda and Lesotho with relative low per capita GDP spend relatively higher. 41 42 Gabon 100 50 0 Ethiopia Tunisia Gambia 10 Lowest Tanzan 200 Kenya Figure Q.3: Price Levels of Construction: 10 Highest and 10 Lowest (Africa = 100) Uganda Ethiopia 10 Highest Tanzania 10 Highest Tunisia Egypt Uganda Rwanda Cabo Verde Egypt Algeria Gambia Ethiopia Ghana Mauritania Tanzania Guinea Benin Nigeria Equat. Guinea Namibia Cabo Verde Angola Congo Rep. South Africa Seychelles Zambia Malawi Mauritius 10 Highest Ghana Morocco Sudan Sierra Leone 150 Botswana Niger Chad Cameroon Togo Central Afr. Rep. Congo Rep. Angola Comoros 200 São Tomé & Principe Gabon Zambia 150 Egypt Comoros Mozambique Central Afr. Rep. Cameroon Seychelles Congo, Dem. Rep. Cabo Verde Chad Congo Rep. PART 3. Sector Analysis Figure Q: Price levels of infrastructure: 10 highest and 10 lowest countries (Africa = 100) Figure Q.1: Price Levels of Transport: 10 Highest and 10 Lowest (Africa=100) 200 10 Lowest 100 50 0 Figure Q.2: Price Levels of Communication: 10 Highest and 10 Lowest (Africa = 100) 250 10 Lowest 150 100 50 0 PART 3. Sector Analysis Figure Q: Price levels of infrastructure: 10 highest and 10 lowest countries (Africa = 100) cont. Figure Q.4: Price Levels of Housing, Water, Electricity, Gas and Other Fuels: 10 Highest and 10 Lowest (Africa = 100) 300 10 Highest 250 10 Lowest 200 150 100 50 3.8. PRICE LEVELS OF INFRASTRUCTURE Good infrastructure is a bedrock for development; indeed, the economic growth and development of any country is dependent on solid infrastructure. Infrastructure in this section has been defined as constituting the following components: transportation; communications & ICT; construction; housing; water & sanitation; and energy (electricity, gas and other fuels). The level of doing business in a country can also be shown through the price levels of infrastructure. PLIs of infrastructure components are shown in Figure Q. Construction is a component of Gross Fixed Capital Formation (GFCF), while the other three are household consumption expenditures. • Transportation includes passenger transportation by railroad, road, air, sea and inland; Egypt Guinea Burundi Sierra Leone Kenya Malawi Rwanda Morocco Gambia Central Afr. Rep. Swaziland Sudan Equat. Guinea Cabo Verde South Africa Gabon Angola Liberia Botswana Namibia 0 • Communication includes postal services, telephone (cellphones and landlines), internet, etc.; • Construction includes the construction of residential buildings, non-residential buildings, and civil engineering works; • Housing includes actual and imputed rentals for housing and maintenance, plus the cost of repair for dwellings; • Water includes water supply and miscellaneous services, for example, sanitation and sewage. • Electricity includes associated costs, such as the hire of meters, the reading of meters, and standing charges. There is clearly wide variation in these “infrastructure” price levels across Africa. For example, the PLIs for Communication vary from more than twice the regional average in Gabon 43 PART 3. Sector Analysis Figure R: Real per capita Gross Fixed Capital Formation (ZAR): 23 highest and 26 lowest countries Figure R1: 23 high-investment countries in ZAR 30,000 25,000 20,000 15,000 10,000 5,000 Lesotho Senegal Comoros Liberia Tanzania Djibouti São Tomé & Prín. Swaziland Zambia Burkina Faso Sudan Egypt Ghana Togo AFRICA Mauritania Guinea Angola Congo Rep. Rwanda Namibia Tunisia Morocco Cabo Verde South Africa Gabon Algeria Mauritius Botswana Seychelles 0 Figure R2: 26 low-investment countries in ZAR 2,000 1,500 1,000 500 and Zambia to a little more than half the regional average in Kenya and the Gambia. Similarly, the PLIs for Housing, Water, and Energy range from 258 in Namibia to 40 in Egypt. Price levels for most of these four expenditure categories are high in Angola, Cabo Verde, Congo Republic, the Democratic Republic of the Congo, and Gabon whereas they are consistently 44 Burundi Central Afr. Rep. Zimbabwe Congo, Dem. Rep. Malawi Guinea-Bissau Madagascar Mozambique Ethiopia Niger Côte d’Ivoire Mali Benin Gambia Nigeria Kenya Uganda Chad Cameroon Sierra Leone 0 low in Egypt, Ethiopia, the Gambia, Ghana, and Tanzania. It was earlier noted that there is usually a positive correlation between PLIs and per capita GDP. However, the Democratic Republic of the Congo has a very low per capita GDP but high infrastructure PLIs and the reverse is true for Egypt and Ghana. They have quite high per capita GDP but mostly low infrastructure PLIs. PART 3. Sector Analysis Figure R3: Country PLIs at GFCF level, 2011 (Africa=100) Congo Republic Chad Cabo Verde Congo, Dem. Rep. Gabon Seychelles Central Afr. Rep. Mozambique Comoros Cameroon Zimbabwe Benin South Africa Rwanda Senegal Lesotho Togo Angola Malawi Niger Guinea-Bissau Mauritania Nigeria Burkina Faso Mali Côte d’Ivoire Guinea Equat. Guinea Algeria Mauritius Liberia Namibia Burundi AFRICA Djibouti São Tomé & Príncipe Gambia Madagascar Zambia Kenya Swaziland Sierra Leone Ghana Botswana Egypt Sudan Morocco Tunisia Ethiopia Uganda Tanzania 0 50 100 150 200 45 PART 3. Sector Analysis Figure R4: Nominal GFCF Country Shares (Africa = 100) Morocco 8% Nigeria 6% Other Countries 40% 3.9 Egypt 10% Algeria 16% South Africa 20% INVESTMENT: GROSS FIXED CAPITAL FORMATION Gross Fixed Capital Formation (GFCF) is a good measure of investment and key to economic development. GFCF consists of investment in residential and other buildings, namely roads, bridges, railroads, electricity, etc. It is important because it enhances a country’s potential for future growth. The developed countries have accumulated large stocks of machinery and equipment and infrastructure assets like ports, high-quality roads, power transmission systems, dwellings, and commercial buildings. All these assets account for their higher levels of productivity and hence higher incomes. African countries are still at an early stage of building up their capital stocks. 46 Figure R5: Real GFCF Country Shares (Africa = 100) Morocco 10% Nigeria 6% Other Countries 41% Egypt 11% Algeria 15% South Africa 17% Figure R shows real Gross Fixed Capital Formation per capita – the number of South African Rand (ZARs) invested per person in 2011. Equatorial Guinea reported an exceptionally high per capita GFCF of ZAR 63,932 and has been omitted as an outlier, to avoid distorting the figure. Almost all the high-investment countries in Figure R.1 are also countries with high per capita GDP. Conversely, the low-investment countries in Figure R.2 all have lower per capita GDP. This can be seen more clearly in Figure S, which shows the correlation between per capita GFCF and per capita GDP. The R² value suggests that about 87% of the variation in per capita GFCF is explained by per capita PART 3. Sector Analysis Figure S: Correlation between per capita GDP and per capita GFCF 30,000 Per capita Gross Fixed Capital Formation y = 0,2328x - 451,7 R2 = 0,87457 25,000 Botswana 20,000 15,000 Gabon Cabo Verde 10,000 5,000 Egypt Swaziland 0 0 20,000 40,000 60,000 80,000 100,000 120,000 Per capita Gross Domestic Product GDP and there are very few outliers: Botswana and Cabo Verde are investing somewhat more than expected, given their levels of per capita GDP, whereas Egypt, Ethiopia, and Sudan are investing slightly less. 3.10 COUNTRY PLIs OF GROSS FIXED CAPITAL FORMATION The price level indices for Gross Fixed Capital Formation (GFCF) are shown in Figure R3. The cost of doing business in Africa is higher above PLI=1.0 in about 33 countries; with Congo Republic being the highest and Tanzania surprisingly the lowest. Figures R4 and R5 show the percentage shares of GFCF. In both nominal and real GFCF, South Africa has the largest share, followed by Algeria, Egypt, Morocco and Nigeria respectively. 3.11 PER CAPITA GROSS DOMESTIC PRODUCT AND PER CAPITA GROSS FIXED CAPITAL FORMATION Countries with low per capita GDP cannot generate the savings required to invest for future growth. They are poor because they cannot invest and they cannot invest because they are poor – and Figure S demonstrates this basic dilemma. In the 19th century, the developed countries were able to break out of this vicious circle through technological developments that raised productivity first in the agricultural sector and subsequently in transportation and manufacturing. Foreign direct investment (FDI) is another way in which countries can break the vicious circle. 47 PART 3. Sector Analysis PART 4. Consistency between the 2005 and 2011 ICP Results 48 PART 4. Consistency between the 2005 and 2011 ICP Results 4.1 INTRODUCTORY NOTE The ICP aims to compare prices and real expenditures for specific years. It is therefore important to be cautious in comparing ICP results from successive rounds due to inherent methodological changes and the dependency of the results on the number of countries participating in the comparison. Thus, the results should not be used to compare changes in an economy’s GDP volume over time; the national accounts estimates of each individual economy are the best source for this purpose. The 2005 and 2011 ICP rounds are the first two that include comparable real expenditures for such a large number of economies. Comparison of economies’ positions between 2005 and 2011 may be desirable to observe changes over time and across economies. However, many of the comparisons will be problematical because they will be based on two different price levels, and so real expenditure and PLI will not be directly comparable. after South Africa in 2005 but by 2011 had become the largest in terms of real GDP. The change in the rankings of Egypt and South Africa is explained by differences in the real growth of GDP over the six years since 2005: between 2005 and 2011, real growth of GDP in Egypt averaged 5.4% per annum compared with only 3.3% in South Africa. Nigeria remains the third largest economy and increased its share of total African GDP from 13% to 14%. Ignoring Algeria, Morocco remains in fourth position. While Sudan remains in the fifth position, its real GDP share reduced from 4.29% in 2005 to 4.17% in 2011. It should be noted that Angola’s share increased significantly from 2.96% in 2005 to 3.95 % in 2011. In 2011, taking into account all 50 countries that participated in the program, Algeria emerges as the fourth largest economy, while Morocco is in fifth position (see F igure U). In Africa 48 countries participated in ICP 2005 compared to 50 in 2011 – Seychelles and Algeria were the new additions. Also, improvements were made to methods used to price comparison-resistant components of the GDP, especially for the component Construction. With these limitations in mind, some broad comparisons are given below. 4.2 GDP SHARES: CONSISTENCY BETWEEN 2005 AND 2011 Figure T shows the five largest economies in 2005 and 2011. Algeria was the fourth largest economy in 2011 but did not participate in ICP 2005; therefore in order to have a fair comparison between 2005 and 2011, it had to be excluded in both years. The most striking feature is the changed position of Egypt, which was the second economy 49 PART 4. Consistency between the 2005 and 2011 ICP Results Figure T: Real GDP country shares (Africa = 100%) with 48 participating countries (excluding Algeria & Seychelles) 2011 2005 Morocco 6% Nigeria 13% Morocco 6% Sudan 4% Egypt 20% Sudan 4% Other Countries 35% South Africa 22% Other Countries 36% Nigeria 14% South Africa 17% Egypt 23% Figure U: 2011 Real GDP country shares (Africa = 100%) with 50 participating countries (including Algeria & Seychelles) Egypt 20.2% Other countries 35.4% South Africa 14.9% Morocco 5.3% Algeria 11.8% 50 Nigeria 12.4% PART 4. Consistency between the 2005 and 2011 ICP Results Figure V: Price Level Indices for ten highest and lowest countries: 2005 and 2011 (Africa=1) 2005 Egypt Ethiopia Gambia Malawi Madagascar Guinea 10 Lowest Rwanda Uganda Tanzania Equatorial Guinea Lesotho Côte d’Ivoire Angola Morocco Comoros South Africa Namibia Cabo Verde Zimbabwe 10 Highest Burundi 3.5 3 2.5 2 1.5 1 0.5 0 2011 2 10 Highest 1.5 10 Lowest 1 0.5 4.3 PRICE LEVEL CONSISTENCY BETWEEN 2005 AND 2011 Figure V shows the price levels for the ten highest and ten lowest countries in 2005 and 2011. Again, the price levels cannot be compared but the ranking is not affected by the use of AFRICs in 2005 and ZAR in 2011. Of the ten countries with the highest price levels in 2005, four were no longer in the top ten Egypt Ethiopia Uganda Madagascar Burundi Tanzania Gambia Sierra Leone Guinea Kenya Mauritius Comoros Congo, Dem. Rep. Cabo Verde Congo Rep. Namibia Equat. Guinea Gabon South Africa Angola 0 in 2011, namely Zimbabwe, Morocco, Lesotho, and Côte d’Ivoire. They were replaced by Gabon, Congo Republic, Democratic Republic of Congo, and Mauritius. Just two of the ten countries with the lowest price levels in 2005 were no longer in the lowest ten in 2011. Rwanda and Malawi were replaced in 2011 by Kenya and Sierra Leone. 51 PART 4. Consistency between the 2005 and 2011 ICP Results PART 5. Comparative Cross-Country Tables 52 PART 5. Comparative Cross-Country Tables Analytical Table Note This report of the 2011 ICP round for Africa is centered on the following two types of tables; (a) country input data, which relate to national accounts data as provided by the countries for the reference year 2011; and (b) actual PPP-generated data using the Gini-Èltetö-Köves-Szulc (EKS) method. Below is a short description for each analytical table. Table 2: Nominal GDP and Main Expenditure Components in Local Currency Units (Millions) The table shows the nominal expenditures on the analytical categories supplied by the 50 countries. The expenditures are valued at national price levels and expressed in millions of national currency units. The nominal expenditures are additive and Table 2 contains three additional analytical categories for completeness: net purchases abroad; changes in inventories and valuables; and balance of exports and imports. These additional categories are also included in Table 3. Table 3: Nominal Main Expenditure Component Shares by Country (GDP =100) The table shows the nominal expenditures from Table 2 as percentages of GDP. The nominal expenditures at the more detailed basic heading level (not shown) are the weights used to calculate PPPs for the analytical categories. Table 4: Purchasing Power Parities (PPPs) for GDP and Main Expenditure Components by Country (ZAF = 1) The table provides the PPPs for the analytical categories. The PPPs were calculated using the EKS method. Their principal features are: • They are commensurate, meaning that they do not change when the units of quantity to which their prices refer are changed: for example, when the price of rice is quoted per pound rather than per kilogram. • They are transitive, meaning that every indirect multilateral PPP between a pair of economies calculated via a third economy equals the direct multilateral PPP between the economies. • They are base-country invariant, meaning that the relativities between economies are the same whichever economy or region is taken as base. • They provide real expenditures that are free of the Gerschenkron effect, meaning that differences in volumes of goods and services between very high-income economies and very low-income economies are correctly measured. • Their real expenditures are not additive, meaning that the real expenditures at higher levels of aggregation are not equal to the sum of the real expenditures of their components. The PPPs in the table have South Africa as base and the South African Rand (ZAR) as numéraire. But, being base-country invariant, they can be rebased on an economy or on a region. For example, they can be based on Malawi with the Malawi Kwacha as numéraire by dividing them by the PPP for Malawi. 53 PART 5. Comparative Cross-Country Tables Table 5: Price Level Indices for GDP and Main Expenditure Components by Country (Africa=100) The table gives the PLIs for the analytical categories relative to the average for Africa. A value above 100 indicates that the price level in the country for the analytical category in question is higher than the African average; a value below 100 indicates that the country’s price level for the analytical category is lower than the African average. The PLIs are base-country invariant and can be rebased on a single economy. For example, the PLIs in the table were first calculated with South Africa as base by dividing the PPPs in Table 4 by the exchange rates in Summary Table A. They were subsequently rebased on Africa. Table 6: Real GDP and Main Expenditure Components by Country in ZAR (millions) The table gives the real expenditures on the analytical categories, which were derived by dividing the nominal expenditures in Table 2 by the PPPs in Table 4. The real expenditures are in South Africa Rand (ZAR) and are free of the Gerschenkron effect but they are not additive. They reflect only volume differences between economies. Table 7: Real GDP and Main Expenditure Components Country Shares (Africa = 100) The table shows the real expenditures of each country on each analytical category as a percentage share of African real expenditure on the analytical category. The percentage shares are based on the real expenditures in Table 6. At the level of GDP, they measure the relative size of the countries covered in the table. For example Algeria’s real GDP amounts to 11.8% of the total GDP of Africa, whereas Angola’s GDP was 3.5% of the total. 54 Table 8: Real GDP Per Capita and Main Expenditure Components in ZAR The table gives the real expenditures per capita on the analytical categories. The expenditures are in ZAR. They were obtained by dividing the real expenditures in Table 6 by the population totals in Summary Table A. Table 9. Real GDP Per Capita and Main Expenditure Components Relatives (Africa=100) The table provides the indices of real expenditures per capita on the analytical categories with Africa as 100. They are based on the real expenditures per capita in Table 8. The indices are base-country invariant and can be rebased on an economy or a region. At the level of actual individual consumption, they measure the relative welfare of households in the 50 countries. For easy reference, Box 6 presents additional information on analytical categories shown in Tables 2 to 9, defining terms and showing the basis of calculations. PART 5. Comparative Cross-Country Tables Box 6. Analytical categories shown in Tables 2 to 9 Gross domestic product: Actual individual consumption at purchasers’ prices plus gross capital formation at purchasers’ prices plus the f.o.b. value of exports of goods and services less the f.o.b. value of imports of goods and services. Code in the ICP expenditure classification in Appendix C: 100000 Domestic absorption: Actual individual consumption at purchasers’ prices plus actual collective consumption at purchasers’ prices plus gross capital formation at purchasers’ prices. Codes in the ICP expenditure classification in Appendix C: not identified in the classification; it is the sum of 110000 + 120000 + 130000 + 140000 + 150000 + 160000 or 100000 – 170000 Actual individual consumption: The total value of the individual consumption expenditures of households, NPISHs and general government at purchasers’ prices. Codes in the ICP expenditure classification in Appendix C: not identified in the classification; it is the sum of 110000 + 120000 + 130000 Food and non-alcoholic beverages: Household expenditure on food products and nonalcoholic beverages purchased for consumption at home (excludes food products and non-alcoholic beverages sold for immediate consumption away from home by hotels, restaurants, cafés, bars, kiosks, street vendors, automatic vending machines, etc.; cooked dishes prepared by restaurants for consumption off their premises; cooked dishes prepared by catering contractors whether collected by the customer or delivered to the customer’s home; and products sold specifically as pet foods). Code in the ICP expenditure classification in Appendix C: 110100 Alcoholic beverages, tobacco and narcotics: Household expenditure on alcoholic beverages purchased for consumption at home (includes low or non-alcoholic beverages which are generally alcoholic such as non-alcoholic beer; and excludes alcoholic beverages sold for immediate consumption away from the home by hotels, restaurants, cafés, bars, kiosks, street vendors, automatic vending machines, etc.) and household expenditure on tobacco (covers all purchases of tobacco including purchases of tobacco in cafés, bars, restaurants, service stations, etc). Code in the ICP expenditure classification in Appendix C: 110200 Clothing and footwear: Household expenditure on clothing materials; garments for men, women, children and infants; other articles of clothing and clothing accessories; cleaning, repair, and hire of clothing; all footwear for men, women, children and infants; and repair and hire of footwear. Code in the ICP expenditure classification in Appendix C: 110300 55 PART 5. Comparative Cross-Country Tables Box 6. Analytical categories shown in Tables 2 to 9 cont. Housing, water, electricity, gas and other fuels: Household expenditure on actual and imputed rentals for housing; maintenance and repair of the dwelling; water supply and services related to the dwellings; and electricity, gas, and other fuels plus expenditure by NPISHs on housing plus general government expenditure on housing services provided to individuals. Codes in the ICP expenditure classification in Appendix C: 110400 + (120000) + 130100 Furnishings, household equipment and maintenance: Household expenditure on furniture and furnishings; carpets and other floor coverings; household textiles; household appliances; glassware, tableware, and household utensils; tools and equipment for house and garden; and goods and services for routine household maintenance. Code in the ICP expenditure classification in Appendix C: 110500 Health: Household expenditure on medical products, appliances and equipment, outpatient services, and hospital services plus expenditure of NPISHs on health plus general government expenditure on health benefits and reimbursements and the production of health services. Codes in the ICP expenditure classification in Appendix C: 110600 + (120000) + 130200 Transport: Household expenditure on purchase of vehicles, operation of personal transport equipment, and transport services. Code in the ICP expenditure classification in Appendix C: 110700 Communication: Household expenditure on postal services and on telephone and telefax equipment and services. Code in the ICP expenditure classification in Appendix C: 110800 Recreation and culture: Household expenditure on audiovisual, photographic, and information-processing equipment; other major durables for recreation and culture; other recreational items and equipment; gardens and pets; recreational and cultural services; newspapers, books, and stationery; and package holidays plus expenditure by NPISHs on recreation and culture plus general government expenditure on recreation and culture. Corresponding codes in Appendix C: 110900 + (120000) + 130300 Education: Household expenditure on pre-primary, primary, secondary, post-secondary, and tertiary education plus expenditure of NPISHs on education plus general government expenditure on education benefits and reimbursements and the production of education services. Codes in the ICP expenditure classification in Appendix C: 111000 + (120000) + 130400 56 PART 5. Comparative Cross-Country Tables Box 6. Analytical categories shown in Tables 2 to 9 cont. Restaurants and hotels: Household expenditure on food products and beverages sold for immediate consumption away from the home by hotels, restaurants, cafés, bars, kiosks, street vendors, automatic vending machines, etc. (includes cooked dishes prepared by restaurants for consumption off their premises; cooked dishes prepared by catering contractors, whether collected by the customer or delivered to the customer’s home) and household expenditure on accommodation services provided by hotels and similar establishments. Code in the ICP expenditure classification in Appendix C: 111100 Miscellaneous goods and service: Household expenditure on personal care, personal effects, social protection, insurance, and financial and other services plus expenditure by NPISHs on social protection and other services plus general government expenditure on social protection. Codes in the ICP expenditure classification in Appendix C: 111200 + (120000) + 130500 Actual collective consumption: The final consumption expenditure of general government on collective services. Code in the ICP expenditure classification in Appendix C: 140000 Gross fixed capital formation: The total value of acquisitions less disposals of fixed assets by resident institutional units during the accounting period plus the additions to the value of non-produced assets realized by the productive activity of resident institutional units. Code in the ICP expenditure classification in Appendix C: 150000 Machinery and equipment: Capital expenditure on fabricated metal products, general purpose machinery, special purpose machinery, electrical and optical equipment, transport equipment, and other manufactured goods. Code in the ICP expenditure classification in Appendix C: 150100 Construction: Capital expenditure on the construction of new structures and the renovation of existing structures. Structures include residential buildings, non-residential buildings, and civil engineering works. Code in the ICP expenditure classification in Appendix C: 150200 Other products: Capital expenditure on plantation, orchard and vineyard development; change in stocks of breeding stock, draught animals, dairy cattle, animals raised for wool clippings, etc.; computer software that a producer expects to use in production for more than one year; land improvement including dams and dikes which are part of flood control and irrigation projects; mineral exploration; acquisition of entertainment, literary or artistic originals; other intangible fixed assets. Code in the ICP expenditure classification in Appendix C: 150300 57 PART 5. Comparative Cross-Country Tables Box 6. Analytical categories shown in Tables 2 to 9 cont. Individual consumption expenditure by households: The total value of actual and imputed final consumption expenditures incurred by households on individual goods and services. It also includes expenditure on individual goods and services sold at prices that are not economically significant. Code in the ICP expenditure classification in Appendix C: 110000 Individual consumption expenditure by government: The total value of actual and imputed final consumption expenditures incurred by general government on individual goods and services. Code in the ICP expenditure classification in Appendix C: 130000 Net purchases abroad: Purchases by resident households outside the economic territory of the economy less purchases by non-residential households in the economic territory of the economy. Code in the ICP expenditure classification in Appendix C: 111300 Changes in inventories and valuables: The acquisition, less disposals, of stocks of raw materials, semi-finished goods and finished goods that are held by producer units prior to their being further processed or sold or otherwise used; and the acquisition, less disposals, of valuables (produced assets that are not used primarily for production or consumption but purchased and held as stores of value). Codes in the ICP expenditure classification in Appendix C: 160000 Balance of exports and imports: The f.o.b. value of exports of goods and services less the f.o.b. value of imports of goods and services. Code in the ICP expenditure classification in Appendix C: 170000 58 PART 5. Comparative Cross-Country Tables 59 PART 5. Comparative Cross-Country Tables Table 2: Nominal GDP and Main Expenditure Compon Part A Country GDP Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Algeria 14,481,007.9 6,515,384.5 1,955,539.2 111,939.4 Angola 9,767,611.2 5,929,090.4 2,433,560.3 257,254.1 Benin 3,439,771.2 2,778,986.6 1,339,888.2 80,423.9 102,491.7 56,005.8 9,990.7 4,230.6 Burkina Faso 4,868,468.5 3,294,318.3 1,686,455.2 211,091.9 Burundi 2,599,940.6 2,424,103.6 1,058,179.6 333,982.5 149,003.6 105,325.7 36,572.9 4,965.9 12,545,651.0 9,828,989.4 4,521,688.9 259,172.4 Central Afr, Rep, 1,029,723.6 951,647.3 545,323.9 86,606.4 Chad 5,725,349.8 3,931,639.7 1,890,066.5 182,272.2 95,437.7 94,237.8 48,367.6 251.4 Botswana Cabo Verde Cameroon Comoros Congo Republic 6,982,507.4 1,729,294.7 634,446.0 71,124.3 Congo, Dem. Rep. 23,146,149.4 14,896,166.8 8,177,326.9 429,942.0 Côte d'Ivoire 12,275,478.0 8,766,034.0 3,727,367.0 276,299.0 Djibouti 205,314.4 146,708.3 44,155.9 11,502.4 Egypt 1,371,078.1 1,090,455.5 456,997.4 35,449.9 8,367,319.3 1,076,757.2 408,238.0 24,518.5 506,095.7 409,234.2 151,870.8 9,974.5 8,046,080.1 3,066,505.4 921,356.3 173,305.8 Gambia, The 26,596.4 21,170.9 9,018.6 594.3 Ghana 59,816.3 40,022.3 14,884.9 555.4 Guinea 33,128,317.5 18,673,354.8 10,798,357.9 273,732.0 464,652.9 318,109.1 162,253.3 5,349.3 3,048,866.6 2,669,620.1 913,488.9 129,898.0 18,331.0 20,223.6 5,173.9 534.5 1,147.3 1,298.2 348.8 44.1 20,276,384.1 18,408,766.5 8,046,818.7 559,326.2 Malawi 1,140,842.5 1,125,779.2 549,740.8 54,367.6 Mali 5,024,473.0 3,352,609.6 1,559,385.1 47,293.9 Mauritania 1,309,363.9 766,288.0 461,716.7 7,280.6 322,959.0 255,197.0 73,835.8 21,254.8 Equat. Guinea Ethiopia Gabon Guinea-Bissau Kenya Lesotho Liberia Madagascar Mauritius 60 PART 5. Comparative Cross-Country Tables ents in Local Currency Units (Millions) Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 190,061.0 318,126.7 161,464.7 460,794.5 787,289.7 368,962.9 299,507.0 622,273.9 330,769.7 311,419.9 318,162.5 61,062.6 117,925.7 283,034.4 75,115.1 94,663.6 201,981.6 84,127.9 3,440.6 6,237.7 3,320.0 2,881.0 8,984.0 1,379.4 68,910.2 363,983.7 143,495.5 122,879.9 212,925.1 108,689.3 23,505.2 374,320.7 21,589.4 67,878.1 158,855.2 27,449.2 2,896.0 20,790.5 7,499.4 5,744.8 7,321.0 3,594.8 811,481.0 897,084.4 903,809.8 149,662.8 798,913.7 149,080.3 68,357.7 46,670.4 49,093.0 14,541.0 34,218.2 8,221.5 88,449.4 369,815.5 263,339.7 276,088.2 367,653.8 148,201.5 2,857.5 29,296.1 3,619.9 806.7 1,897.8 548.2 46,323.6 227,177.9 59,592.0 135,697.7 140,968.5 89,905.2 695,961.2 1,778,788.0 517,762.5 666,183.7 386,054.8 169,060.5 304,324.0 857,674.6 724,065.0 372,148.7 957,265.0 251,690.0 4,347.0 45,871.0 8,223.0 4,720.7 9,105.8 443.6 65,941.0 142,262.9 52,686.0 99,498.7 64,418.0 27,784.6 32,499.5 152,376.4 40,935.9 101,000.4 86,319.1 40,391.0 21,048.5 66,886.9 39,187.8 33,493.0 6,712.6 1,606.7 155,115.2 439,582.2 139,457.5 210,514.5 257,093.4 136,402.5 1,539.1 1,456.8 545.0 3,201.0 570.8 545.3 5,692.8 4,033.3 2,779.3 1,366.2 2,620.3 613.2 1,286,316.0 1,491,022.3 724,796.3 1,360,584.6 1,024,283.3 30,322.4 25,634.8 43,721.2 22,539.4 7,767.7 22,635.7 1,652.9 65,858.3 208,120.6 120,542.4 193,736.4 271,023.4 81,545.4 2,514.0 2,112.6 1,754.2 876.3 670.8 568.0 165.9 291.8 70.3 24.1 32.4 48.0 1,188,088.6 1,133,484.9 2,458,659.0 324,652.9 2,376,640.8 160,169.3 29,257.9 122,944.6 114,260.7 44,497.4 87,549.5 18,874.7 193,171.7 326,515.8 199,523.9 132,802.5 444,437.5 74,734.9 25,730.1 72,908.3 21,590.1 30,553.9 33,239.4 29,628.9 14,885.4 39,395.6 20,395.0 12,638.1 34,369.4 7,782.6 61 PART 5. Comparative Cross-Country Tables Part A Country GDP Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Morocco 802,607.0 536,639.0 182,915.9 17,067.4 Mozambique 364,736.7 313,231.1 161,479.4 13,637.8 Namibia 90,602.6 64,821.2 12,984.9 2,616.8 Niger 3,025,524.8 2,427,877.8 1,013,406.4 54,227.4 Nigeria 38,016,971.1 24,474,510.7 9,243,133.7 345,142.5 Rwanda 3,814,419.3 3,313,214.5 1,586,918.8 110,988.3 São Tomé & Príncipe 4,375,541.7 5,117,169.6 2,793,703.3 230,887.5 Senegal 6,766,801.2 5,601,003.0 2,744,522.2 72,613.3 13,118.6 7,960.2 3,160.9 219.9 Sierra Leone 12,754,888.7 11,448,199.8 4,530,547.1 353,636.3 South Africa 2,917,538.7 1,992,357.7 353,089.9 87,554.1 186,555.7 130,872.2 67,691.6 888.7 29,699.9 26,762.1 12,221.0 232.5 37,532,961.3 25,647,618.6 16,914,016.1 171,066.1 Seychelles Sudan Swaziland Tanzania Togo 1,739,221.7 1,539,444.1 667,214.6 36,104.7 Tunisia 64,730.5 48,184.3 10,605.4 1,532.8 Uganda 45,944,056.7 41,649,910.4 13,863,598.9 2,427,776.2 Zambia 101,104,813.8 55,895,983.1 32,622,844.5 449,332.5 8,865.4 8,452.3 4,722.7 279.1 Zimbabwe 62 PART 5. Comparative Cross-Country Tables Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 21,782.6 74,263.4 24,668.6 33,215.1 47,802.8 32,803.8 15,140.3 22,759.4 8,776.2 8,936.6 26,284.8 3,843.7 3,113.4 12,393.5 4,636.5 7,161.8 2,635.1 518.2 187,290.6 244,976.8 117,232.4 98,583.4 184,040.5 56,486.0 3,537,536.8 2,504,424.0 1,727,068.1 777,339.5 1,628,307.2 381,061.7 109,741.6 546,517.9 107,147.6 86,523.7 213,368.7 40,147.9 200,961.1 483,017.8 172,877.4 201,981.2 500,763.7 64,975.4 194,676.4 1,075,519.5 316,074.9 162,881.6 275,147.9 274,087.9 340.2 1,417.7 339.2 525.0 480.6 150.5 915,872.3 858,597.3 324,404.5 1,826,734.2 351,701.8 324,486.4 85,972.9 271,440.0 122,018.6 220,718.9 257,479.2 51,261.8 5,839.3 19,167.8 8,475.0 1,669.7 10,722.8 2,138.2 1,491.6 3,597.9 2,838.4 1,707.0 2,082.3 347.5 1,708,132.2 1,822,283.5 1,115,678.1 899,859.4 988,996.5 17,928.0 76,541.9 119,776.7 69,321.0 100,163.5 86,029.7 36,104.7 3,325.5 6,801.0 2,938.9 3,405.5 6,893.3 1,697.9 1,204,179.4 7,473,033.9 2,346,324.4 1,150,341.5 2,480,844.3 766,813.7 3,508,359.4 6,652,113.8 851,153.2 2,876,894.7 760,880.6 1,443,880.5 460.5 541.1 246.2 229.3 639.5 12.8 63 PART 5. Comparative Cross-Country Tables Part B Country Algeria 165,726.6 622,990.3 153,631.1 1,218,858.4 0.0 4,552,708.1 1,962,676.3 Angola 126,815.9 289,847.9 174,312.0 704,104.6 0.0 4,957,541.6 971,548.9 Benin 41,838.7 142,597.2 258,947.7 85,382.7 -26,940.0 2,631,387.0 147,599.6 1,516.8 7,117.3 2,223.2 4,684.5 0.0 48,629.1 7,376.7 Burkina Faso 76,904.3 97,472.1 109,556.0 93,235.3 -1,280.3 3,168,956.7 125,361.6 Burundi 25,184.8 134,107.1 100,239.5 57,423.3 41,389.0 2,244,599.9 179,503.7 1,001.5 8,587.0 12,897.2 6,586.9 -13,132.3 93,029.5 12,296.2 151,371.2 223,990.3 658,606.0 223,259.5 80,869.0 9,519,147.0 309,842.4 16,131.4 28,116.9 18,415.7 35,951.3 0.0 925,559.0 26,088.2 90,557.6 55,748.7 29,506.2 86,163.4 83,777.1 3,811,452.7 120,187.0 971.3 2,335.1 16.1 2,999.4 270.7 93,627.2 610.7 Congo Rep. 47,170.9 129,439.1 129,850.7 51,379.6 -33,780.9 1,552,652.2 176,642.5 Congo, Dem. Rep. 193,798.7 635,246.4 898,870.9 347,171.1 0.0 14,337,326.9 558,840.0 Côte d'Ivoire 304,433.2 375,218.5 125,698.0 395,797.0 94,054.0 8,294,774.0 471,260.0 1,693.9 9,500.3 1,448.0 3,416.9 2,279.8 136,164.7 10,543.5 Egypt 32,395.7 72,193.4 34,297.7 77,232.8 -70,702.4 1,036,100.0 54,355.5 Equat. Guinea 19,934.5 52,559.2 36,851.4 58,957.0 22,176.5 1,004,440.4 72,316.9 1,938.2 14,018.9 19,306.0 43,190.0 0.0 397,602.2 11,631.9 69,784.5 160,430.9 141,218.2 99,118.7 163,125.6 2,812,983.5 253,521.9 Gambia, The 661.3 1,843.5 236.8 958.4 0.0 20,205.7 965.2 Ghana 423.2 5,520.0 17.5 1,510.8 5.4 36,756.5 3,265.9 Guinea 152,124.3 594,426.2 264,256.6 466,769.1 206,364.0 18,424,663.0 248,691.8 13,772.2 6,000.0 1,502.6 5,280.1 0.0 310,966.9 7,142.2 90,860.2 385,196.9 165,661.9 185,933.4 -142,245.5 2,304,873.7 364,746.4 698.5 1,911.3 270.7 1,210.3 1,928.5 17,787.9 2,435.7 22.5 151.4 8.6 90.3 0.0 1,291.6 6.6 773,678.9 649,617.8 603,042.3 289,201.8 -154,614.7 17,830,725.6 578,040.9 Cabo Verde Cameroon Cent. Afr. Rep. Chad Comoros Djibouti Ethiopia Gabon Guinea-Bissau Kenya Lesotho Liberia Madagascar 64 Misc, Goods & Services Net Purchases abroad Individual Consumption by Government Education Botswana Restaurants & Hotels Individual Consumption Expenditures By Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 1,337,768.1 4,617,702.8 1,952,670.3 2,403,554.1 261,478.4 494,243.0 1,515,909.5 2,560,071.9 1,669,218.1 519,127.0 1,073,651.9 76,439.2 26,996.2 -417,765.5 252,439.7 712,864.1 244,944.7 459,962.4 7,956.9 29,531.8 -334,050.9 12,032.5 33,640.6 13,870.1 19,364.4 406.1 6,855.8 -6,043.0 741,388.2 802,628.2 329,615.0 407,806.7 65,206.4 375,831.3 -345,697.5 333,238.9 492,265.6 215,507.2 249,485.4 27,273.0 18,267.5 -667,935.0 15,104.7 69,807.6 25,227.3 41,806.1 2,774.3 1,383.4 -42,617.9 1,147,371.6 2,582,649.0 1,202,761.5 1,319,523.0 60,364.5 965.0 -1,014,324.0 46,734.2 157,749.6 45,167.6 85,447.2 27,134.8 0.0 -126,407.5 249,112.1 1,637,919.0 661,214.7 787,955.0 188,749.3 68,222.0 -161,543.0 21,916.0 12,815.1 5,729.9 6,441.0 644.1 3,589.8 -37,121.0 335,373.7 2,406,479.0 390,804.4 1,993,352.5 22,322.1 0.0 2,511,360.0 2,675,682.5 5,460,500.0 2,002,840.4 3,258,640.7 199,018.8 21,200.0 92,600.0 966,118.0 1,373,710.0 487,394.0 820,040.0 66,276.0 -804,757.0 1,974,373.0 40,704.9 54,115.7 17,864.0 35,972.8 278.9 9,054.5 -45,269.0 102,605.6 229,100.0 106,478.2 116,390.6 6,231.1 5,400.0 -56,483.0 152,232.8 2,765,011.0 1,416,004.5 902,805.1 446,201.4 0.2 4,373,318.0 32,014.2 130,972.3 48,626.7 59,332.2 23,013.5 10,410.3 -76,535.4 762,178.8 1,528,365.2 447,126.2 450,466.0 630,773.1 3,058.8 2,685,971.9 1,873.7 7,141.2 4,547.1 2,236.5 357.6 0.0 -3,589.4 6,689.4 15,317.2 8,682.7 5,701.0 933.5 1,124.8 -3,337.5 1,518,128.9 7,898,991.2 5,023,536.5 2,604,357.1 271,097.6 641,692.5 4,396,150.1 81,888.1 59,680.8 26,376.8 30,966.9 2,337.1 5,012.3 -37.4 256,169.4 610,781.3 335,284.2 273,685.2 1,811.9 16,228.4 -503,932.7 3,857.9 4,861.2 1,258.9 3,379.7 222.6 225.2 -10,836.9 140.8 146.6 129.1 17.4 0.1 74.8 -513.0 1,463,263.9 3,527,808.6 1,567,196.3 1,791,924.5 168,687.8 0.0 -3,123,454.9 65 PART 5. Comparative Cross-Country Tables Part B Country Malawi 26,262.9 56,741.7 28,128.7 25,966.2 -32,813.4 1,062,258.3 63,520.9 Mali 133,332.1 146,600.8 61,126.2 85,258.0 -51,572.7 3,180,762.5 171,847.1 Mauritania 7,396.3 57,091.1 5,214.9 13,880.0 57.7 678,679.0 87,609.0 Mauritius 16,606.2 20,375.9 8,782.9 16,022.6 -31,147.3 237,167.1 18,029.9 Morocco 23,574.7 61,335.5 30,961.0 35,092.1 -48,844.0 472,938.0 63,701.0 Mozambique 8,223.6 21,605.8 2,942.6 15,775.4 3,825.5 290,647.5 22,583.6 Namibia 2,558.8 9,096.0 3,913.2 5,651.8 -2,458.8 55,914.2 8,907.0 133,128.7 79,396.9 119,752.6 142,972.3 -3,616.1 2,342,312.2 85,565.6 Nigeria 262,898.5 3,121,988.1 10,898.7 924,815.0 9,896.8 22,840,832.7 1,633,678.1 Rwanda 55,018.0 173,309.9 102,920.9 118,784.8 61,826.3 3,181,393.6 131,820.9 São Tomé & Príncipe 74,395.3 198,117.8 65,134.8 95,983.3 34,370.8 4,919,927.9 197,241.7 72,171.2 297,245.8 50,553.2 215,190.1 -149,681.0 5,312,060.3 288,942.6 194.4 833.5 55.4 242.9 0.0 6,929.0 1,031.2 Sierra Leone 396,438.2 871,947.4 140,896.1 552,950.2 -11.9 11,163,127.9 285,071.9 South Africa 81,315.4 213,044.9 41,367.7 226,874.4 -19,780.0 1,731,659.7 260,698.0 Sudan 3,049.9 4,276.8 2,902.7 3,381.7 668.1 129,852.8 1,019.4 1,136.7 2,244.1 167.9 426.2 -1,731.1 25,104.6 1,657.5 274,552.8 1,230,243.5 3,492.2 501,370.3 0.0 24,815,657.9 831,960.8 Togo 19,821.4 103,192.9 125,644.3 164,250.7 -64,722.0 1,474,248.3 65,195.8 Tunisia 1,583.0 3,814.8 4,572.9 3,016.9 -2,003.7 42,489.6 5,694.7 Uganda 2,506,235.3 4,477,015.1 1,187,663.9 1,766,083.9 0.0 37,758,886.1 3,891,024.3 Zambia 387,189.0 3,471,459.9 149,692.4 2,722,182.5 0.0 52,484,737.3 3,411,245.8 178.3 605.6 50.2 420.3 66.8 7,752.2 700.2 Senegal Seychelles Swaziland Tanzania Zimbabwe 66 Misc, Goods & Services Net Purchases abroad Individual Consumption by Government Education Niger Restaurants & Hotels Individual Consumption Expenditures By Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 78,437.5 189,554.9 140,231.5 37,659.5 11,663.9 -37,356.7 -215,572.3 604,323.5 1,114,243.2 479,558.5 583,659.7 51,025.0 43,788.8 -90,492.2 199,284.0 752,058.0 370,106.3 315,552.8 66,398.9 -313,423.0 -94,843.1 25,675.0 77,565.0 23,282.6 50,730.4 3,552.0 6,286.0 -41,764.0 82,631.0 246,394.0 105,733.3 127,247.9 13,412.8 42,168.0 -105,225.0 26,312.2 64,949.9 21,936.5 42,834.2 179.1 7,697.8 -47,454.2 14,018.4 19,291.4 7,065.8 11,561.0 664.6 -1,128.3 -6,400.2 301,939.0 1,120,936.0 493,032.0 601,651.0 26,253.0 2,039.0 -827,267.0 3,346,226.2 3,908,280.3 2,215,444.4 1,454,650.7 238,185.2 2,308.8 6,285,645.0 346,024.9 817,903.6 178,645.5 601,803.5 37,454.6 0.0 -662,723.7 336,730.5 861,538.0 647,002.9 153,563.9 60,971.3 6,662.0 -1,946,558.3 670,791.8 1,611,426.9 615,006.9 981,484.6 14,935.4 98,035.9 -1,214,456.4 2,666.5 4,450.7 1,831.2 2,431.7 187.8 764.8 -2,723.6 1,004,063.7 5,315,874.1 3,776,813.5 1,477,283.2 61,777.5 49,958.0 -5,063,206.9 374,321.0 553,313.0 262,965.0 265,009.9 25,338.1 15,562.0 -18,015.0 11,722.6 41,615.2 21,747.5 19,865.5 2.2 4,867.6 -2,521.8 2,757.1 2,759.7 1,065.5 1,288.3 405.9 0.0 -2,579.0 5,313,689.1 13,534,065.9 5,821,414.2 7,409,860.0 302,791.6 228,000.0 -7,190,412.3 140,953.8 307,719.1 93,623.4 199,957.3 14,138.4 30,805.3 -279,700.6 6,217.9 14,015.6 4,581.9 8,904.6 529.1 1,127.4 -4,814.7 756,444.3 11,341,479.2 3,281,101.7 7,541,012.5 519,365.0 144,380.1 -7,948,157.3 15,796,454.7 21,902,244.5 6,629,599.6 14,269,666.5 1,002,978.5 1,435,877.9 6,074,253.6 782.0 987.6 333.5 651.3 2.7 409.5 -1,766.0 67 PART 5. Comparative Cross-Country Tables Table 3: Nominal Main Expenditure Component Shares Part A Country Actual Consumption Expenditures by Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Algeria 45.0 13.5 0.8 1.3 Angola 60.7 24.9 2.6 3.1 Benin 80.8 39.0 2.3 3.4 Botswana 54.6 9.7 4.1 3.4 Burkina Faso 67.7 34.6 4.3 1.4 Burundi 93.2 40.7 12.8 0.9 Cabo Verde 70.7 24.5 3.3 1.9 Cameroon 78.3 36.0 2.1 6.5 Central Afr. Rep. 92.4 53.0 8.4 6.6 Chad 68.7 33.0 3.2 1.5 Comoros 98.7 50.7 0.3 3.0 Congo Rep. 24.8 9.1 1.0 0.7 Congo, Dem. Rep. 64.4 35.3 1.9 3.0 Côte d'Ivoire 71.4 30.4 2.3 2.5 Djibouti 71.5 21.5 5.6 2.1 Egypt 79.5 33.3 2.6 4.8 Equat. Guinea 12.9 4.9 0.3 0.4 80.9 30.0 2.0 4.2 Gabon 38.1 11.5 2.2 1.9 Gambia, The 79.6 33.9 2.2 5.8 Ghana 66.9 24.9 0.9 9.5 Guinea 56.4 32.6 0.8 3.9 Guinea-Bissau 68.5 34.9 1.2 5.5 Kenya 87.6 30.0 4.3 2.2 Lesotho 110.3 28.2 2.9 13.7 Liberia 113.2 30.4 3.8 14.5 Madagascar 90.8 39.7 2.8 5.9 Malawi 98.7 48.2 4.8 2.6 Mali 66.7 31.0 0.9 3.8 Mauritania 58.5 35.3 0.6 2.0 Mauritius 79.0 22.9 6.6 4.6 Ethiopia 68 Clothing & Footwear PART 5. Comparative Cross-Country Tables by Country (GDP = 100) Housing, Water, Electricity, Gas & Other Fuels Furnishings, Household Equipment & Maintenance Health Transport 2.2 1.1 3.2 5.4 6.4 3.4 3.2 8.2 2.2 6.1 Communication Recreation & Culture Education 2.5 1.1 4.3 3.3 0.6 1.3 3.0 2.8 5.9 2.4 1.2 4.1 3.2 2.8 8.8 1.3 1.5 6.9 7.5 2.9 2.5 4.4 2.2 1.6 2.0 14.4 0.8 2.6 6.1 1.1 1.0 5.2 14.0 5.0 3.9 4.9 2.4 0.7 5.8 7.2 7.2 1.2 6.4 1.2 1.2 1.8 4.5 4.8 1.4 3.3 0.8 1.6 2.7 6.5 4.6 4.8 6.4 2.6 1.6 1.0 30.7 3.8 0.8 2.0 0.6 1.0 2.4 3.3 0.9 1.9 2.0 1.3 0.7 1.9 7.7 2.2 2.9 1.7 0.7 0.8 2.7 7.0 5.9 3.0 7.8 2.1 2.5 3.1 22.3 4.0 2.3 4.4 0.2 0.8 4.6 10.4 3.8 7.3 4.7 2.0 2.4 5.3 1.8 0.5 1.2 1.0 0.5 0.2 0.6 13.2 7.7 6.6 1.3 0.3 0.4 2.8 5.5 1.7 2.6 3.2 1.7 0.9 2.0 5.5 2.0 12.0 2.1 2.1 2.5 6.9 6.7 4.6 2.3 4.4 1.0 0.7 9.2 4.5 2.2 4.1 3.1 0.1 0.5 1.8 9.4 4.9 1.7 4.9 0.4 3.0 1.3 6.8 4.0 6.4 8.9 2.7 3.0 12.6 11.5 9.6 4.8 3.7 3.1 3.8 10.4 25.4 6.1 2.1 2.8 4.2 2.0 13.2 5.6 12.1 1.6 11.7 0.8 3.8 3.2 10.8 10.0 3.9 7.7 1.7 2.3 5.0 6.5 4.0 2.6 8.8 1.5 2.7 2.9 5.6 1.6 2.3 2.5 2.3 0.6 4.4 12.2 6.3 3.9 10.6 2.4 5.1 6.3 69 PART 5. Comparative Cross-Country Tables Part A Country Actual Consumption Expenditures by Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Morocco 66.9 22.8 2.1 2.7 Mozambique 85.9 44.3 3.7 4.2 Namibia 71.5 14.3 2.9 3.4 80.2 33.5 1.8 6.2 Nigeria 64.4 24.3 0.9 9.3 Rwanda 86.9 41.6 2.9 2.9 São Tomé & Príncipe 116.9 63.8 5.3 4.6 Senegal 82.8 40.6 1.1 2.9 Seychelles 60.7 24.1 1.7 2.6 Sierra Leone 89.8 35.5 2.8 7.2 South Africa 68.3 12.1 3.0 2.9 Sudan 70.2 36.3 0.5 3.1 Swaziland 90.1 41.1 0.8 5.0 Tanzania 68.3 45.1 0.5 4.6 Togo 88.5 38.4 2.1 4.4 Tunisia 74.4 16.4 2.4 5.1 Uganda 90.7 30.2 5.3 2.6 Zambia 55.3 32.3 0.4 3.5 Zimbabwe 95.3 53.3 3.1 5.2 Niger 70 Clothing & Footwear PART 5. Comparative Cross-Country Tables Housing, Water, Electricity, Gas & Other Fuels Furnishings, Household Equipment & Maintenance Health Transport 9.3 3.1 4.1 6.0 6.2 2.4 2.5 13.7 5.1 8.1 Communication Recreation & Culture Education 4.1 2.9 7.6 7.2 1.1 2.3 5.9 7.9 2.9 0.6 2.8 10.0 3.9 3.3 6.1 1.9 4.4 2.6 6.6 4.5 2.0 4.3 1.0 0.7 8.2 14.3 2.8 2.3 5.6 1.1 1.4 4.5 11.0 4.0 4.6 11.4 1.5 1.7 4.5 15.9 4.7 2.4 4.1 4.1 1.1 4.4 10.8 2.6 4.0 3.7 1.1 1.5 6.4 6.7 2.5 14.3 2.8 2.5 3.1 6.8 9.3 4.2 7.6 8.8 1.8 2.8 7.3 10.3 4.5 0.9 5.7 1.1 1.6 2.3 12.1 9.6 5.7 7.0 1.2 3.8 7.6 4.9 3.0 2.4 2.6 0.0 0.7 3.3 6.9 4.0 5.8 4.9 2.1 1.1 5.9 10.5 4.5 5.3 10.6 2.6 2.4 5.9 16.3 5.1 2.5 5.4 1.7 5.5 9.7 6.6 0.8 2.8 0.8 1.4 0.4 3.4 6.1 2.8 2.6 7.2 0.1 2.0 6.8 71 PART 5. Comparative Cross-Country Tables Part B Restaurants & Hotels Misc. Goods & Services Net Purchases abroad Individual Consumption Expenditures By Households Algeria 1.1 8.4 0.0 31.4 13.6 Angola 1.8 7.2 0.0 50.8 9.9 Benin 7.5 2.5 -0.8 76.5 4.3 Botswana 2.2 4.6 0.0 47.4 7.2 Burkina Faso 2.3 1.9 0.0 65.1 2.6 Burundi 3.9 2.2 1.6 86.3 6.9 Cabo Verde 8.7 4.4 -8.8 62.4 8.3 Cameroon 5.2 1.8 0.6 75.9 2.5 Cent. Afr. Rep. 1.8 3.5 0.0 89.9 2.5 Chad 0.5 1.5 1.5 66.6 2.1 Comoros 0.0 3.1 0.3 98.1 0.6 Congo Rep. 1.9 0.7 -0.5 22.2 2.5 Congo, Dem. Rep. 3.9 1.5 0.0 61.9 2.4 Côte d'Ivoire 1.0 3.2 0.8 67.6 3.8 Djibouti 0.7 1.7 1.1 66.3 5.1 Egypt 2.5 5.6 -5.2 75.6 4.0 Equat. Guinea 0.4 0.7 0.3 12.0 0.9 Ethiopia 3.8 8.5 0.0 78.6 2.3 Gabon 1.8 1.2 2.0 35.0 3.2 Gambia, The 0.9 3.6 0.0 76.0 3.6 Ghana 0.0 2.5 0.0 61.4 5.5 Guinea 0.8 1.4 0.6 55.6 0.8 Guinea-Bissau 0.3 1.1 0.0 66.9 1.5 Kenya 5.4 6.1 -4.7 75.6 12.0 Lesotho 1.5 6.6 10.5 97.0 13.3 Liberia 0.8 7.9 0.0 112.6 0.6 Madagascar 3.0 1.4 -0.8 87.9 2.9 Malawi 2.5 2.3 -2.9 93.1 5.6 Country 72 Individual Consumption by Government PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 9.2 31.9 13.5 16.6 1.8 3.4 10.5 26.2 17.1 5.3 11.0 0.8 0.3 -4.3 7.3 20.7 7.1 13.4 0.2 0.9 -9.7 11.7 32.8 13.5 18.9 0.4 6.7 -5.9 15.2 16.5 6.8 8.4 1.3 7.7 -7.1 12.8 18.9 8.3 9.6 1.0 0.7 -25.7 10.1 46.8 16.9 28.1 1.9 0.9 -28.6 9.1 20.6 9.6 10.5 0.5 0.0 -8.1 4.5 15.3 4.4 8.3 2.6 0.0 -12.3 4.4 28.6 11.5 13.8 3.3 1.2 -2.8 23.0 13.4 6.0 6.7 0.7 3.8 -38.9 4.8 34.5 5.6 28.5 0.3 0.0 36.0 11.6 23.6 8.7 14.1 0.9 0.1 0.4 7.9 11.2 4.0 6.7 0.5 -6.6 16.1 19.8 26.4 8.7 17.5 0.1 4.4 -22.0 7.5 16.7 7.8 8.5 0.5 0.4 -4.1 1.8 33.0 16.9 10.8 5.3 0.0 52.3 6.3 25.9 9.6 11.7 4.5 2.1 -15.1 9.5 19.0 5.6 5.6 7.8 0.0 33.4 7.0 26.9 17.1 8.4 1.3 0.0 -13.5 11.2 25.6 14.5 9.5 1.6 1.9 -5.6 4.6 23.8 15.2 7.9 0.8 1.9 13.3 17.6 12.8 5.7 6.7 0.5 1.1 0.0 8.4 20.0 11.0 9.0 0.1 0.5 -16.5 21.0 26.5 6.9 18.4 1.2 1.2 -59.1 12.3 12.8 11.3 1.5 0.0 6.5 -44.7 7.2 17.4 7.7 8.8 0.8 0.0 -15.4 6.9 16.6 12.3 3.3 1.0 -3.3 -18.9 73 PART 5. Comparative Cross-Country Tables Part B Restaurants & Hotels Misc. Goods & Services Net Purchases abroad Individual Consumption Expenditures By Households Mali 1.2 1.7 -1.0 63.3 3.4 Mauritania 0.4 1.1 0.0 51.8 6.7 Mauritius 2.7 5.0 -9.6 73.4 5.6 Morocco 3.9 4.4 -6.1 58.9 7.9 Mozambique 0.8 4.3 1.0 79.7 6.2 Namibia 4.3 6.2 -2.7 61.7 9.8 Niger 4.0 4.7 -0.1 77.4 2.8 Nigeria 0.0 2.4 0.0 60.1 4.3 Rwanda 2.7 3.1 1.6 83.4 3.5 São Tomé & Príncipe 1.5 2.2 0.8 112.4 4.5 Senegal 0.7 3.2 -2.2 78.5 4.3 Seychelles 0.4 1.9 0.0 52.8 7.9 Sierra Leone 1.1 4.3 0.0 87.5 2.2 South Africa 1.4 7.8 -0.7 59.4 8.9 Sudan 1.6 1.8 0.4 69.6 0.5 Swaziland 0.6 1.4 -5.8 84.5 5.6 Tanzania 0.0 1.3 0.0 66.1 2.2 Togo 7.2 9.4 -3.7 84.8 3.7 Tunisia 7.1 4.7 -3.1 65.6 8.8 Uganda 2.6 3.8 0.0 82.2 8.5 Zambia 0.1 2.7 0.0 51.9 3.4 Zimbabwe 0.6 4.7 0.8 87.4 7.9 Country 74 Individual Consumption by Government PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 12.0 22.2 9.5 11.6 1.0 0.9 -1.8 15.2 57.4 28.3 24.1 5.1 -23.9 -7.2 7.9 24.0 7.2 15.7 1.1 1.9 -12.9 10.3 30.7 13.2 15.9 1.7 5.3 -13.1 7.2 17.8 6.0 11.7 0.0 2.1 -13.0 15.5 21.3 7.8 12.8 0.7 -1.2 -7.1 10.0 37.0 16.3 19.9 0.9 0.1 -27.3 8.8 10.3 5.8 3.8 0.6 0.0 16.5 9.1 21.4 4.7 15.8 1.0 0.0 -17.4 7.7 19.7 14.8 3.5 1.4 0.2 -44.5 9.9 23.8 9.1 14.5 0.2 1.4 -17.9 20.3 33.9 14.0 18.5 1.4 5.8 -20.8 7.9 41.7 29.6 11.6 0.5 0.4 -39.7 12.8 19.0 9.0 9.1 0.9 0.5 -0.6 6.3 22.3 11.7 10.6 0.0 2.6 -1.4 9.3 9.3 3.6 4.3 1.4 0.0 -8.7 14.2 36.1 15.5 19.7 0.8 0.6 -19.2 8.1 17.7 5.4 11.5 0.8 1.8 -16.1 9.6 21.7 7.1 13.8 0.8 1.7 -7.4 1.6 24.7 7.1 16.4 1.1 0.3 -17.3 15.6 21.7 6.6 14.1 1.0 1.4 6.0 8.8 11.1 3.8 7.3 0.0 4.6 -19.9 75 PART 5. Comparative Cross-Country Tables Table 4: Purchasing Power Parities (PPPs) for GDP and Part A Country GDP Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Algeria 6.2 5.8 7.6 9.1 Angola 14.3 14.6 17.8 9.1 Benin 44.9 43.6 55.8 39.2 0.8 0.9 1.0 1.1 Burkina Faso 44.8 42.9 58.0 42.7 Burundi 88.9 91.5 122.2 147.0 Cabo Verde 10.2 9.3 11.0 10.1 Cameroon 47.5 44.8 53.1 47.7 Central Afr. Rep. 53.6 51.4 73.8 54.2 Chad 52.5 48.6 61.1 54.7 Comoros 43.5 42.3 53.6 63.4 Congo Rep. 60.7 58.1 82.1 53.8 109.2 103.3 150.1 124.0 Côte d'Ivoire 47.9 46.2 58.0 47.9 Djibouti 19.7 19.8 23.0 20.5 Egypt 0.3 0.3 0.5 0.6 61.8 64.1 88.8 46.5 1.0 1.0 1.3 1.2 66.7 70.2 98.8 44.9 2.1 2.1 3.0 2.1 Botswana Congo, Dem. Rep. Equat. Guinea Ethiopia Gabon Gambia. The Ghana 0.1 0.2 0.2 0.2 Guinea 526.7 487.3 806.4 516.5 46.2 46.6 60.3 50.5 7.2 7.0 8.6 9.1 Lesotho 0.8 0.8 0.9 0.9 Liberia 0.1 0.1 0.1 0.1 Madagascar 141.3 136.6 176.1 156.4 Malawi 16.0 15.4 21.0 16.2 Mali 44.1 42.5 50.9 39.7 Mauritania 24.3 21.8 28.2 23.7 Mauritius 3.3 3.5 4.0 5.3 Guinea-Bissau Kenya 76 PART 5. Comparative Cross-Country Tables Main Expenditure Components by Country (ZAF = 1) Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 7.8 5.8 5.3 3.7 4.8 8.6 15.7 13.2 13.7 13.8 12.2 21.0 38.1 44.0 39.6 34.4 37.4 58.5 0.7 1.1 0.9 0.6 0.7 0.8 34.5 36.2 38.1 33.6 45.7 60.1 76.7 59.2 93.0 47.4 144.4 193.6 10.4 10.2 7.4 7.3 10.1 8.9 50.6 36.6 48.2 43.8 46.9 89.2 41.3 30.4 51.5 35.7 52.6 97.8 41.8 49.7 47.4 34.4 49.3 86.7 40.9 35.9 51.1 30.3 42.6 84.4 56.0 38.9 51.2 40.9 62.4 100.0 93.6 66.6 83.1 68.5 108.6 157.8 49.8 37.8 38.8 30.7 48.7 81.7 18.6 18.2 16.5 18.2 20.0 20.8 0.4 0.2 0.4 0.2 0.3 0.5 55.7 53.0 66.3 46.9 60.1 73.6 1.1 1.1 1.0 0.7 1.1 1.3 65.3 65.6 54.0 56.6 52.3 117.4 1.3 1.9 1.7 1.2 1.9 1.9 0.1 0.1 0.1 0.1 0.1 0.2 397.3 188.5 404.4 335.2 502.8 815.8 48.3 42.3 47.1 28.5 50.7 66.1 5.5 5.2 6.0 4.9 9.2 6.3 0.7 0.6 0.8 0.6 0.8 1.0 0.1 0.1 0.1 0.1 0.1 0.2 98.4 147.2 113.5 83.7 183.3 270.3 11.5 7.9 15.0 8.5 24.3 20.7 39.6 44.2 41.8 26.3 53.5 63.4 16.0 19.2 18.9 16.0 21.4 34.0 2.7 2.8 3.1 2.4 4.7 3.4 77 PART 5. Comparative Cross-Country Tables Part A Country GDP Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Morocco 0.8 0.8 1.0 1.6 Mozambique 3.4 3.1 3.9 3.1 Namibia 1.0 1.0 1.2 1.0 46.4 44.2 60.9 49.9 Niger Nigeria 15.6 15.3 22.2 13.9 Rwanda 54.7 49.4 59.5 64.3 1,786.8 1,909.4 2,570.7 2,044.9 49.5 47.9 61.0 53.3 1.4 1.5 1.8 3.2 Sierra Leone 325.6 336.3 498.8 316.5 South Africa 1.0 1.0 1.0 1.0 Sudan 0.3 0.3 0.4 0.5 Swaziland 0.8 0.8 0.9 0.9 109.8 113.4 143.0 153.0 45.1 44.1 60.6 44.1 0.1 0.1 0.2 0.2 São Tomé & Príncipe Senegal Seychelles Tanzania Togo Tunisia Uganda 174.5 183.0 213.8 233.3 Zambia 498.9 490.6 589.8 634.6 0.1 0.1 0.1 0.1 Zimbabwe 78 PART 5. Comparative Cross-Country Tables Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 0.8 0.5 0.7 0.8 0.8 1.3 2.6 2.2 3.2 2.7 3.1 4.5 0.7 1.3 0.7 0.9 0.9 1.0 29.0 41.4 30.9 35.4 45.1 85.9 11.8 14.1 9.9 9.0 13.3 21.1 52.6 37.7 35.4 33.8 69.8 66.5 1,836.4 1,794.2 1,811.6 1,128.8 1,956.5 2,623.3 38.8 42.8 36.5 35.9 53.1 70.7 1.6 1.1 1.4 0.9 1.7 1.8 219.9 217.9 278.8 200.4 405.1 645.2 1.0 1.0 1.0 1.0 1.0 1.0 0.2 0.3 0.2 0.2 0.3 0.3 0.8 0.8 0.7 0.6 0.8 0.9 90.2 126.9 96.1 58.6 118.6 127.0 36.8 35.7 39.3 30.7 58.7 94.9 0.2 0.1 0.1 0.1 0.1 0.1 177.1 190.8 169.3 129.5 231.3 242.0 441.1 410.0 477.9 317.9 683.5 1,205.4 0.1 0.1 0.1 0.1 0.1 0.2 79 PART 5. Comparative Cross-Country Tables Part B Country Algeria 5.2 3.0 5.1 5.0 10.0 6.3 3.6 Angola 18.3 11.2 18.3 14.5 12.9 14.6 14.2 Benin 48.7 32.9 42.8 34.1 65.0 44.4 39.0 0.9 0.6 0.9 0.8 0.9 0.9 0.7 Burkina Faso 53.7 23.0 33.3 42.6 65.0 43.9 36.4 Burundi 116.7 38.5 89.5 95.5 173.7 96.2 54.5 Cabo Verde 10.0 7.4 7.0 8.8 10.9 9.4 8.7 Cameroon 54.2 28.5 45.9 41.3 65.0 45.5 41.5 Cent. Afr. Rep. 57.8 22.1 46.1 52.3 65.0 52.9 36.4 Chad 45.7 22.8 52.8 43.2 65.0 49.6 41.8 Comoros 53.3 24.2 38.4 49.2 48.7 43.5 32.1 Congo Rep. 65.1 41.1 51.1 45.0 65.0 58.5 55.7 Congo, Dem. Rep. 97.9 46.4 118.0 110.9 126.6 106.2 78.9 Côte d'Ivoire 60.6 40.3 37.8 41.6 65.0 46.5 47.8 Djibouti 24.0 15.5 20.7 21.3 24.5 20.0 18.9 0.3 0.2 0.3 0.3 0.8 0.4 0.2 81.8 37.8 57.1 65.9 65.0 63.5 69.5 1.0 0.4 0.7 0.9 2.3 1.1 0.7 60.1 62.7 64.7 63.2 65.0 70.9 66.5 Gambia, The 2.0 1.4 2.6 1.9 4.1 2.1 1.3 Ghana 0.2 0.1 0.2 0.1 0.2 0.2 0.1 Guinea 522.0 202.0 567.5 493.5 911.8 507.9 256.0 60.7 14.9 51.5 44.7 65.0 49.0 21.4 Kenya 7.6 6.8 6.2 6.1 12.2 7.0 6.8 Lesotho 0.7 0.8 0.9 0.7 1.0 0.8 0.8 Liberia 0.1 0.1 0.1 0.1 0.1 0.1 0.1 127.5 76.0 77.4 123.6 278.9 139.3 124.4 Egypt Equat. Guinea Ethiopia Gabon Guinea-Bissau Madagascar 80 Misc. Goods & Services Net Purchases abroad Individual Consumption by Government Education Botswana Restaurants & Hotels Individual Consumption Expenditures By Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 3.7 9.1 10.2 8.2 10.2 7.4 10.0 12.7 12.4 14.0 10.9 13.9 15.3 12.9 31.7 65.3 65.3 62.7 65.2 52.7 65.0 0.7 0.7 0.9 0.6 0.9 0.9 0.9 38.8 61.4 69.2 54.5 69.3 54.1 65.0 57.2 151.0 168.2 135.5 167.9 123.3 173.7 9.0 12.8 11.7 13.4 11.7 10.8 10.9 41.9 68.3 63.1 73.6 63.2 53.0 65.0 47.2 70.9 70.5 70.2 70.2 61.9 65.0 42.3 76.8 70.7 84.0 70.6 58.5 65.0 35.2 51.3 52.9 49.8 52.1 50.5 48.7 54.1 84.7 70.6 85.5 70.5 64.2 65.0 94.0 145.9 138.2 147.9 137.9 131.9 126.6 44.2 61.0 69.8 53.1 69.6 55.0 65.0 17.7 20.8 24.3 17.8 24.4 22.4 24.5 0.2 0.6 0.8 0.5 0.8 0.5 0.8 91.6 60.1 71.3 50.1 71.1 70.7 65.0 0.8 1.6 2.4 1.0 2.4 1.5 2.3 61.8 74.2 70.2 85.9 70.0 73.6 65.0 1.4 3.3 4.4 2.4 4.4 2.9 4.1 0.1 0.2 0.2 0.1 0.2 0.2 0.2 301.5 852.5 964.1 759.4 954.5 706.8 911.8 30.9 61.9 71.0 54.0 70.8 57.8 65.0 7.4 9.8 11.7 8.2 11.7 8.7 12.2 0.8 1.0 1.1 0.9 1.1 0.9 1.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 133.9 230.1 289.0 183.6 294.3 189.7 278.9 81 PART 5. Comparative Cross-Country Tables Part B Country Malawi 20.4 13.9 18.3 14.7 21.5 15.4 16.9 Mali 43.9 27.8 48.6 37.9 65.0 43.8 32.2 Mauritania 23.1 15.2 25.8 21.7 39.3 22.3 17.6 Mauritius 3.2 2.6 4.3 3.4 4.0 3.6 2.1 Morocco 0.8 0.7 0.8 0.8 1.1 0.8 0.7 3.1 3.5 2.3 2.6 4.0 3.1 3.9 0.9 0.6 1.1 0.8 1.0 1.0 0.9 Niger 51.0 19.6 42.1 41.9 65.0 45.2 38.7 Nigeria 14.9 11.8 14.1 11.6 21.2 15.7 11.9 Rwanda 58.8 49.7 44.9 51.2 82.9 48.7 67.0 2,321.7 885.9 1,827.7 1,515.5 2,427.0 2,012.4 933.5 48.4 35.8 48.7 44.4 65.0 48.6 45.5 1.5 0.9 3.1 1.5 1.7 1.6 0.8 Sierra Leone 333.6 245.6 311.3 308.8 597.2 349.0 214.0 South Africa 1.0 1.0 1.0 1.0 1.0 1.0 1.0 Sudan 0.3 0.2 0.2 0.3 0.4 0.3 0.2 Swaziland 0.8 1.0 0.7 0.9 1.0 0.8 0.9 122.7 89.0 93.5 99.6 216.5 115.6 95.5 Togo 61.2 19.9 44.2 35.0 65.0 45.8 28.5 Tunisia 0.2 0.1 0.1 0.1 0.2 0.1 0.1 Uganda 196.8 112.3 162.7 166.4 347.4 187.0 150.4 Zambia 520.8 517.0 399.1 374.7 669.4 494.6 496.6 0.1 0.1 0.1 0.1 0.1 0.1 0.1 Namibia São Tomé & Príncipe Senegal Seychelles Tanzania Zimbabwe 82 Misc. Goods & Services Net Purchases abroad Individual Consumption by Government Education Mozambique Restaurants & Hotels Individual Consumption Expenditures By Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 15.3 20.5 23.5 17.8 23.5 18.9 21.5 34.5 61.1 66.7 55.7 66.7 51.0 65.0 19.3 37.5 43.3 32.4 43.2 28.9 39.3 2.3 3.6 3.8 3.2 3.8 3.7 4.0 0.7 0.8 1.1 0.6 1.1 1.0 1.1 4.4 4.3 4.1 4.2 4.1 3.6 4.0 0.9 0.9 1.1 0.7 1.1 1.0 1.0 43.5 62.0 57.0 65.8 56.5 52.8 65.0 12.4 20.0 23.0 17.4 23.0 18.1 21.2 78.4 81.2 82.6 75.6 82.2 62.5 82.9 908.7 2,010.6 2,645.2 1,347.2 2,638.1 2,334.8 2,427.0 42.4 63.6 67.1 59.0 68.6 57.3 65.0 0.8 1.9 1.8 1.9 1.8 1.7 1.7 238.6 460.5 602.2 330.8 601.4 446.1 597.2 1.0 1.0 1.0 1.0 1.0 1.0 1.0 0.2 0.3 0.4 0.2 0.4 0.3 0.4 0.9 0.8 1.1 0.6 1.1 0.9 1.0 117.8 128.3 213.7 80.2 214.4 142.9 216.5 35.0 63.0 74.0 53.8 73.4 56.0 65.0 0.1 0.1 0.2 0.1 0.2 0.2 0.2 147.2 215.7 376.3 137.2 375.4 230.4 347.4 499.2 544.4 683.8 442.8 683.8 558.6 669.4 0.1 0.1 0.1 0.1 0.1 0.1 0.1 83 PART 5. Comparative Cross-Country Tables Table 5. Price Level Indices for GDP and Main Expen Part A Country GDP Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Algeria 89.7 85.5 89.1 108.6 Angola 159.6 168.2 161.4 84.8 Benin 99.6 99.6 100.6 72.5 Botswana 120.7 134.3 121.6 140.2 Burkina Faso 99.5 98.0 104.5 78.8 Burundi 73.9 78.2 82.4 101.6 Cabo Verde 135.6 127.2 119.0 111.9 Cameroon 105.4 102.3 95.6 88.1 Central Afr. Rep. 119.1 117.4 133.0 100.1 Chad 116.5 110.9 110.1 101.1 Comoros 128.8 128.8 128.7 156.2 Congo Rep. 134.7 132.8 147.9 99.5 Congo, Dem. Rep. 124.4 121.1 138.7 117.5 Côte d'Ivoire 106.3 105.6 104.5 88.5 Djibouti 116.2 120.1 110.0 100.4 Egypt 61.3 62.2 74.6 83.2 Equat. Guinea 137.1 146.3 159.9 85.8 Ethiopia 64.0 66.2 67.2 63.7 Gabon 148.1 160.5 178.0 82.9 74.1 75.2 85.5 62.4 Ghana 101.6 107.2 133.0 97.5 Guinea 83.3 79.3 103.5 68.0 Guinea-Bissau 102.5 106.5 108.6 93.3 Kenya 84.9 84.8 82.4 89.5 Lesotho 118.7 114.0 104.2 112.6 Liberia 113.8 118.0 124.8 109.4 73.1 72.7 73.9 67.3 107.3 106.7 114.8 90.7 Mali 97.9 97.2 91.7 73.4 Mauritania 89.1 82.2 84.0 72.4 Mauritius 121.5 129.6 118.6 160.5 Gambia. The Madagascar Malawi 84 PART 5. Comparative Cross-Country Tables diture Components by Country (Africa = 100) Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 126.7 118.2 85.3 71.4 68.3 98.5 197.3 208.6 173.1 209.5 136.4 187.3 95.3 138.5 99.0 103.8 83.1 103.7 116.3 233.2 150.2 132.9 109.0 95.4 86.3 113.9 95.4 101.4 101.5 106.4 71.7 69.6 87.0 53.5 120.0 128.3 155.6 191.2 110.7 131.6 134.7 93.9 126.4 115.2 120.5 132.0 104.1 158.0 103.3 95.7 128.8 107.8 116.8 173.2 104.3 156.4 118.7 103.6 109.4 153.5 136.2 150.7 170.6 121.9 126.0 199.3 139.9 122.5 128.0 123.4 138.6 177.0 120.0 107.6 106.7 106.1 123.7 143.4 124.3 118.9 97.1 92.6 108.2 144.6 123.7 152.1 109.8 146.2 117.8 97.8 76.0 40.1 77.7 58.8 58.2 69.0 139.1 166.7 165.7 141.4 133.6 130.3 75.8 96.8 70.9 57.0 70.7 62.7 163.1 206.3 135.2 170.8 116.2 207.9 50.3 94.5 69.3 60.0 69.1 54.5 99.7 109.4 99.4 75.8 75.6 95.5 70.8 42.3 72.1 72.1 79.6 102.9 120.6 133.2 117.9 86.0 112.6 117.0 73.5 87.7 79.2 78.1 108.4 59.7 111.9 129.4 123.3 112.6 114.3 118.1 98.1 209.0 91.6 89.6 108.0 133.6 57.3 107.8 66.2 58.8 94.9 111.5 87.3 75.1 113.8 77.4 163.6 111.0 98.9 139.1 104.6 79.5 118.9 112.2 65.9 100.0 78.3 79.7 78.5 99.5 109.0 144.4 128.3 117.6 170.6 99.6 85 PART 5. Comparative Cross-Country Tables Part A Country GDP Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Morocco 99.9 107.8 106.8 171.2 Mozambique 121.3 115.1 114.4 93.4 Namibia 141.1 149.2 142.9 117.0 Niger 103.0 101.1 109.7 92.3 Nigeria 106.2 106.9 122.3 78.6 Rwanda 95.3 88.4 84.1 93.2 São Tomé & Príncipe 106.2 116.8 124.0 101.1 Senegal 109.9 109.5 109.8 98.4 Seychelles 118.0 126.3 123.8 226.4 Sierra Leone 78.7 83.6 97.8 63.6 South Africa 144.3 148.5 117.1 120.0 Sudan 102.0 112.7 116.9 156.5 Swaziland 118.0 119.2 105.3 112.6 Tanzania 73.2 77.8 77.3 84.8 Togo 100.1 100.7 109.2 81.4 Tunisia 92.4 100.1 97.2 122.0 Uganda 72.5 78.2 72.0 80.6 Zambia 107.5 108.8 103.1 113.8 Zimbabwe 110.9 111.5 105.6 75.9 AFRICA 100.0 100.0 100.0 100.0 86 PART 5. Comparative Cross-Country Tables Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 116.7 90.9 103.6 146.9 104.2 131.1 106.4 111.0 130.4 133.3 112.8 128.7 112.2 256.9 112.8 170.1 133.6 110.5 72.4 130.3 77.2 106.8 100.2 152.1 90.3 135.8 75.9 83.2 90.4 114.5 103.0 93.0 69.4 79.9 121.6 92.4 122.9 151.1 121.3 91.2 116.4 124.4 97.1 134.7 91.3 108.3 117.9 125.2 150.6 128.3 134.5 99.8 147.0 118.8 59.8 74.6 75.9 65.8 97.9 124.3 162.4 204.4 162.5 196.0 144.3 115.1 70.6 169.9 95.8 84.6 127.6 100.4 129.1 162.1 114.3 107.9 119.5 103.4 67.7 119.8 72.1 53.1 79.1 67.5 91.9 112.3 98.2 92.6 130.3 168.0 160.1 116.9 100.8 109.0 93.3 63.1 82.8 112.3 79.2 73.0 96.1 80.1 107.0 125.2 116.0 93.1 147.4 207.2 125.8 139.7 143.5 107.0 132.6 129.7 100.0 100.0 100.0 100.0 100.0 100.0 87 PART 5. Comparative Cross-Country Tables Part B Country Algeria 74.2 59.0 83.3 78.5 100.0 90.6 67.1 Angola 202.4 170.3 232.3 177.0 100.0 163.9 205.0 Benin 107.0 99.3 107.6 82.9 100.0 99.2 111.8 Botswana 129.4 122.7 161.4 134.1 100.0 135.0 130.5 Burkina Faso 118.0 69.4 83.8 103.6 100.0 98.1 104.1 Burundi 96.0 43.6 84.2 86.8 100.0 80.4 58.4 Cabo Verde 131.5 133.2 105.5 127.3 100.0 125.5 149.7 Cameroon 119.1 86.2 115.4 100.4 100.0 101.6 118.7 Cent. Afr. Rep. 127.0 66.7 115.8 127.1 100.0 118.2 104.3 Chad 100.4 68.8 132.9 104.9 100.0 110.9 119.8 Comoros 156.3 97.6 128.7 159.3 100.0 129.7 122.6 Congo Rep. 143.1 124.2 128.6 109.4 100.0 130.8 159.5 Congo, Dem. Rep. 110.4 71.9 152.3 138.3 100.0 121.7 115.9 Côte d'Ivoire 133.2 121.8 95.2 101.0 100.0 104.0 136.8 Djibouti 140.2 124.0 137.9 137.4 100.0 118.8 143.7 Egypt 60.3 56.8 68.6 62.6 100.0 63.7 46.3 Equat. Guinea 179.8 114.3 143.5 160.2 100.0 141.8 199.1 Ethiopia 59.4 36.0 49.7 60.1 100.0 67.0 56.5 Gabon 132.1 189.4 162.7 153.4 100.0 158.4 190.4 Gambia, The 68.8 66.2 106.5 72.0 100.0 76.5 59.3 Ghana 109.2 84.6 137.2 97.0 100.0 108.5 97.8 Guinea 81.8 43.5 101.7 85.4 100.0 80.9 52.2 Guinea-Bissau 133.3 45.2 129.6 108.6 100.0 109.5 61.2 Kenya 89.0 109.8 83.2 78.9 100.0 83.1 103.8 Lesotho 102.3 150.1 142.0 110.1 100.0 110.8 153.3 Liberia 102.8 74.5 106.2 113.1 100.0 118.4 124.7 65.3 53.5 45.4 70.0 100.0 72.5 83.0 88 Misc. Goods & Services Net Purchases abroad Individual Consumption by Government Education Madagascar Restaurants & Hotels Individual Consumption Expenditures By Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 63.1 106.2 99.4 116.1 98.5 90.5 100.0 166.2 112.0 106.5 120.1 104.6 144.4 100.0 82.4 117.2 98.7 136.9 97.2 99.2 100.0 130.3 88.4 95.3 85.3 93.4 116.1 100.0 100.9 110.2 104.7 118.9 103.3 101.8 100.0 55.7 101.5 95.2 110.6 93.7 86.7 100.0 139.6 137.3 105.9 174.5 104.2 121.1 100.0 109.1 122.7 95.5 160.6 94.2 99.7 100.0 122.9 127.4 106.7 153.3 104.6 116.4 100.0 110.1 137.9 107.0 183.3 105.2 110.0 100.0 122.2 122.8 106.7 144.9 103.5 126.7 100.0 140.7 152.2 106.8 186.7 105.1 120.8 100.0 125.6 134.4 107.3 165.7 105.5 127.3 100.0 115.1 109.5 105.6 115.9 103.8 103.5 100.0 122.7 99.0 97.5 103.0 96.7 111.7 100.0 44.5 87.0 98.0 80.1 96.8 72.9 100.0 238.4 107.8 107.8 109.3 106.1 133.0 100.0 56.1 79.2 102.5 61.3 100.5 77.4 100.0 160.8 133.2 106.2 187.4 104.3 138.5 100.0 57.3 96.3 107.4 83.4 105.6 87.2 100.0 101.0 88.7 113.3 66.8 111.4 114.0 100.0 55.9 109.1 104.0 118.1 101.4 94.7 100.0 80.5 111.2 107.4 117.8 105.6 108.7 100.0 101.9 93.6 94.3 94.9 92.9 86.7 100.0 142.6 113.7 107.5 121.8 105.7 108.1 100.0 107.7 104.5 106.8 98.1 105.0 116.1 100.0 81.2 96.3 101.9 93.4 102.2 83.2 100.0 89 PART 5. Comparative Cross-Country Tables Part B Country 135.9 127.7 139.2 108.3 100.0 104.3 146.9 Mali 96.4 83.9 122.2 92.1 100.0 97.9 92.1 Mauritania 84.0 76.2 107.4 87.0 100.0 82.2 83.2 Mauritius 117.4 128.0 179.6 134.4 100.0 132.5 101.1 Morocco 105.8 121.0 115.9 112.8 100.0 107.8 110.9 Mozambique 110.2 172.4 94.8 102.9 100.0 111.3 181.3 Namibia 135.3 125.2 174.6 123.0 100.0 147.0 173.6 112.1 59.3 105.9 101.7 100.0 100.9 110.9 Nigeria 100.3 109.4 109.0 86.7 100.0 107.6 104.6 Rwanda 101.3 117.7 88.5 97.5 100.0 85.4 150.5 São Tomé & Príncipe 136.7 71.7 123.1 98.6 100.0 120.4 71.6 Senegal 106.4 108.3 122.4 107.8 100.0 108.6 130.2 Seychelles 126.1 101.9 295.5 138.6 100.0 132.6 86.1 Sierra Leone 79.8 80.8 85.2 81.6 100.0 84.8 66.7 South Africa 142.9 196.4 163.4 157.9 100.0 145.2 186.1 Sudan 100.0 95.5 85.0 111.5 100.0 114.4 78.8 Swaziland 118.9 186.6 120.5 135.6 100.0 116.1 168.4 Tanzania 81.0 80.7 70.6 72.6 100.0 77.5 82.1 134.4 60.2 111.1 85.0 100.0 102.4 81.5 Tunisia 111.5 75.1 104.9 99.7 100.0 102.9 80.9 Uganda 80.9 63.5 76.5 75.6 100.0 78.1 80.5 Zambia 111.2 151.7 97.4 88.4 100.0 107.3 138.0 Zimbabwe 113.7 105.6 130.0 99.8 100.0 111.6 115.2 100.0 100.0 100.0 100.0 100.0 100.0 100.0 Niger Togo AFRICA 90 Misc. Goods & Services Net Purchases abroad Individual Consumption by Government Education Malawi Restaurants & Hotels Individual Consumption Expenditures By Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 120.7 111.6 107.9 117.9 106.1 107.6 100.0 89.7 109.6 100.9 121.6 99.4 95.9 100.0 83.1 111.2 108.2 116.9 106.5 89.9 100.0 97.6 104.8 94.2 116.5 92.9 113.5 100.0 111.8 80.6 92.9 72.4 92.0 105.6 100.0 187.0 124.5 99.7 150.5 98.1 109.5 100.0 151.0 104.3 105.6 106.2 103.8 124.9 100.0 113.2 111.3 86.2 143.6 84.2 99.3 100.0 99.1 110.2 106.9 116.7 105.1 104.1 100.0 160.0 114.3 98.0 129.4 96.1 92.2 100.0 63.3 96.7 107.2 78.7 105.3 117.6 100.0 110.4 114.1 101.5 128.8 102.2 107.7 100.0 74.5 130.8 106.4 161.9 104.5 121.6 100.0 67.6 90.0 99.2 78.6 97.6 91.3 100.0 169.2 116.7 98.3 141.8 96.9 122.2 100.0 72.9 84.6 95.4 76.3 94.6 107.5 100.0 153.3 92.7 106.9 81.8 105.1 106.7 100.0 92.1 69.1 97.0 52.6 96.0 80.7 100.0 91.0 113.2 111.9 117.5 109.4 105.3 100.0 79.7 80.0 106.2 66.5 104.3 103.8 100.0 71.7 72.5 106.5 56.0 104.7 81.0 100.0 126.2 94.9 100.4 93.8 99.0 102.0 100.0 103.5 121.9 106.5 138.4 104.7 104.7 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 91 PART 5. Comparative Cross-Country Tables Table 6. Real GDP and Main Expenditure Components Part A Country GDP Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Algeria 2,319,975.7 1,126,581.1 255,800.8 12,316.8 Angola 684,143.1 405,508.7 136,711.1 28,200.7 76,637.1 63,716.1 23,995.7 2,049.9 Botswana 130,050.4 65,767.7 10,211.1 3,845.5 Burkina Faso 108,633.6 76,775.7 29,082.5 4,948.0 Burundi 29,240.3 26,502.8 8,656.3 2,271.8 Cabo Verde 14,589.6 11,316.8 3,312.7 490.5 Cameroon 264,150.5 219,496.5 85,199.7 5,436.9 Benin Central Afr. Rep. 19,197.0 18,526.2 7,385.1 1,598.6 109,134.8 80,977.5 30,933.4 3,330.9 2,193.0 2,228.4 902.7 4.0 Congo Rep. 115,076.0 29,755.2 7,727.2 1,320.8 Congo, Dem. Rep. 211,957.3 144,250.3 54,494.6 3,468.0 256,441.2 189,596.4 64,265.2 5,763.9 10,419.5 7,411.6 1,919.3 561.7 3,952,422.2 3,183,952.6 877,758.6 62,622.9 Equatorial Guinea 135,447.4 16,811.0 4,597.4 527.7 Ethiopia 490,517.1 394,089.2 113,639.4 8,082.1 120,640.2 43,662.4 9,323.3 3,860.4 12,762.8 10,306.5 3,041.3 281.7 Ghana 407,906.4 266,224.1 62,907.2 3,284.4 Guinea 62,895.0 38,323.2 13,390.2 530.0 10,067.9 6,827.0 2,691.5 105.9 423,484.3 382,131.7 106,058.1 14,244.9 Lesotho 22,279.7 26,338.7 5,811.4 569.6 Liberia 10,559.7 11,857.5 2,376.0 351.1 143,514.3 134,779.4 45,702.9 3,577.3 71,524.9 73,049.8 26,135.2 3,352.3 Mali 113,969.9 78,813.0 30,638.6 1,189.8 Mauritania 53,903.0 35,185.2 16,370.7 307.1 Mauritius 96,987.6 73,955.3 18,440.3 4,020.5 Chad Comoros Côte d'Ivoire Djibouti Egypt Gabon Gambia, The Guinea-Bissau Kenya Madagascar Malawi 92 PART 5. Comparative Cross-Country Tables by Country (ZAR millions) Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 24,252.8 54,770.0 30,638.7 125,963.6 165,589.7 42,925.9 19,096.4 47,235.2 24,059.8 22,572.7 26,081.1 2,905.5 3,093.8 6,426.1 1,897.0 2,751.9 5,400.4 1,437.2 5,102.3 5,806.6 3,814.5 4,512.4 12,632.3 1,767.5 1,996.4 10,050.3 3,763.2 3,654.6 4,657.4 1,809.4 306.3 6,326.2 232.3 1,430.7 1,100.5 141.8 278.2 2,045.4 1,013.4 787.9 721.9 405.6 16,043.7 24,494.1 18,764.0 3,419.5 17,049.9 1,670.6 1,653.5 1,534.5 953.0 406.9 650.7 84.1 2,118.3 7,437.8 5,550.9 8,037.5 7,464.3 1,710.0 69.9 815.1 70.8 26.6 44.6 6.5 827.7 5,835.3 1,164.0 3,316.2 2,258.8 899.2 7,436.2 26,690.8 6,228.6 9,719.8 3,556.5 1,071.5 6,116.3 22,690.8 18,650.3 12,121.5 19,658.1 3,082.2 233.2 2,517.9 497.4 258.7 455.9 21.3 172,508.9 886,804.9 134,908.0 405,789.4 195,422.7 56,694.4 583.7 2,875.1 617.8 2,154.2 1,435.2 549.0 19,372.8 60,676.4 38,601.9 49,487.7 5,884.8 1,266.5 2,376.4 6,702.2 2,580.5 3,717.8 4,912.5 1,161.5 1,224.1 776.8 314.9 2,578.1 293.8 283.9 44,551.5 36,189.6 21,823.3 16,972.9 24,036.8 3,548.1 3,238.0 7,909.5 1,792.4 4,059.0 2,037.3 37.2 531.0 1,032.8 478.3 272.5 446.6 25.0 11,897.5 39,676.9 20,226.7 39,741.8 29,509.4 12,855.4 3,647.9 3,337.2 2,312.8 1,525.9 847.5 553.4 1,993.1 2,071.7 906.4 383.0 314.7 300.4 12,077.5 7,702.5 21,658.9 3,878.1 12,966.3 592.6 2,537.0 15,596.8 7,608.2 5,253.4 3,600.5 911.9 4,881.6 7,384.2 4,769.8 5,041.9 8,302.0 1,179.5 1,612.6 3,790.6 1,139.7 1,912.2 1,554.7 871.7 5,611.5 14,101.4 6,533.2 5,330.6 7,355.7 2,274.2 93 PART 5. Comparative Cross-Country Tables Part A Country Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco 1,040,298.5 663,465.4 179,987.1 10,741.1 Mozambique 108,347.6 100,903.7 41,288.0 4,380.8 Namibia 92,642.6 64,499.1 10,639.0 2,685.8 Niger 65,210.4 54,889.2 16,644.4 1,085.7 2,437,744.1 1,603,029.3 417,267.6 24,869.5 69,694.3 67,128.8 26,657.4 1,725.1 2,448.9 2,680.0 1,086.7 112.9 136,658.9 116,811.1 45,011.3 1,362.7 9,410.6 5,485.9 1,752.6 68.4 Sierra Leone 39,170.0 34,038.3 9,082.3 1,117.5 South Africa 2,917,538.7 1,992,357.7 353,089.9 87,554.1 718,809.1 469,534.0 184,630.9 1,856.2 36,311.9 33,319.7 13,583.8 247.8 341,899.6 226,102.7 118,294.3 1,118.2 Togo 38,566.5 34,916.1 11,005.4 818.9 Tunisia 521,364.2 368,793.8 65,888.4 7,780.0 Uganda 263,337.0 227,590.2 64,832.6 10,405.1 Zambia 202,665.9 113,925.4 55,308.9 708.1 83,766.5 81,759.4 38,013.6 3,204.3 19,606,606.7 13,505,947.4 3,713,543.8 344,357.5 Morocco Nigeria Rwanda São Tomé & Príncipe Senegal Seychelles Sudan Swaziland Tanzania Zimbabwe AFRICA 94 GDP PART 5. Comparative Cross-Country Tables Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 27,204.2 149,956.8 34,731.7 39,779.7 59,456.3 25,852.8 5,770.1 10,467.3 2,732.3 3,283.3 8,398.7 858.7 4,504.9 9,860.6 6,682.6 8,253.9 2,847.0 539.7 6,466.3 5,915.4 3,796.1 2,784.1 4,081.2 657.6 300,192.6 177,855.0 174,530.2 86,449.3 122,727.2 18,072.5 2,086.8 14,494.8 3,029.4 2,561.0 3,055.1 603.4 109.4 269.2 95.4 178.9 255.9 24.8 5,011.1 25,117.5 8,662.7 4,535.2 5,183.6 3,877.6 215.1 1,324.2 240.4 604.9 276.8 85.5 4,165.0 3,939.6 1,163.6 9,117.3 868.1 502.9 85,972.9 271,440.0 122,018.6 220,718.9 257,479.2 51,261.8 36,549.2 62,792.4 39,144.6 10,534.1 33,020.9 6,674.0 1,876.6 4,538.1 4,036.2 3,101.0 2,515.4 386.9 18,933.6 14,361.3 11,608.4 15,348.9 8,337.8 141.2 2,081.2 3,354.8 1,765.8 3,263.2 1,466.0 380.6 17,403.2 61,346.2 24,442.1 31,598.3 55,007.9 15,972.2 6,799.9 39,157.3 13,862.2 8,886.4 10,725.5 3,169.2 7,952.9 16,225.1 1,780.9 9,049.9 1,113.2 1,197.9 4,315.4 5,749.2 2,024.2 3,050.7 5,053.6 82.6 914,880.6 2,199,469.6 839,918.0 1,210,178.1 1,148,112.1 273,384.8 95 PART 5. Comparative Cross-Country Tables Part B Country Algeria 31,767.9 206,500.0 30,019.3 243,880.9 0.0 726,110.0 542,177.0 Angola 6,934.4 25,889.6 9,499.5 48,642.5 0.0 340,163.8 68,305.6 859.7 4,338.7 6,054.9 2,501.8 -414.6 59,254.2 3,779.8 Botswana 1,778.4 12,090.0 2,390.7 5,854.2 0.0 55,556.2 11,169.9 Burkina Faso 1,432.5 4,244.7 3,287.5 2,186.7 -19.7 72,209.7 3,447.7 Burundi 215.8 3,480.9 1,119.6 601.2 238.3 23,325.5 3,295.5 Cabo Verde 100.2 1,165.3 1,838.9 751.7 -1,208.8 9,910.1 1,406.4 2,794.8 7,856.0 14,353.5 5,402.9 1,244.4 209,265.7 7,470.6 279.3 1,273.2 399.8 687.0 0.0 17,492.9 716.2 1,982.5 2,447.7 558.4 1,995.0 1,289.2 76,792.2 2,872.5 18.2 96.4 0.4 61.0 5.6 2,149.9 19.0 724.6 3,148.4 2,539.3 1,140.8 -519.8 26,519.3 3,171.7 Congo, Dem. Rep. 1,980.4 13,701.5 7,618.0 3,129.8 0.0 135,025.5 7,083.7 Côte d'Ivoire 5,024.2 9,309.6 3,321.0 9,516.8 1,447.3 178,252.5 9,859.3 70.5 614.6 70.1 160.4 93.1 6,797.5 557.8 94,010.3 305,603.7 100,039.1 238,247.3 -86,532.0 2,892,508.0 267,308.7 243.7 1,389.0 645.9 894.3 341.3 15,822.0 1,039.9 2,003.7 32,823.1 27,253.6 48,761.2 0.0 370,116.3 16,472.3 Gabon 1,161.5 2,559.3 2,183.1 1,569.3 2,510.2 39,678.4 3,812.2 Gambia, The 338.4 1,348.1 89.5 517.6 0.0 9,450.9 746.1 Ghana 2,658.0 61,549.1 100.3 11,803.9 26.1 236,264.9 29,848.3 Guinea 291.4 2,942.9 465.6 945.9 226.3 36,274.4 971.5 Guinea-Bissau 227.0 401.4 29.2 118.1 0.0 6,344.3 333.9 11,925.2 56,315.4 26,594.8 30,428.6 -11,629.9 329,440.8 53,432.2 Lesotho 975.8 2,499.8 311.7 1,735.3 1,928.5 23,318.4 2,956.2 Liberia 227.4 2,895.6 96.3 914.8 0.0 11,500.7 71.5 6,067.4 8,542.8 7,791.1 2,340.0 -554.4 128,044.5 4,648.2 Cameroon Cent. Afr. Rep. Chad Comoros Congo Rep. Djibouti Egypt Equat. Guinea Ethiopia Kenya Madagascar 96 Misc, Goods & Services Net Purchases abroad Individual Consumption by Government Education Benin Restaurants & Hotels Individual Consumption Expenditures by Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 356,975.6 505,061.5 192,226.4 292,453.2 25,603.1 66,463.5 150,912.1 201,842.0 134,652.2 37,122.6 98,260.7 5,481.8 1,769.8 -32,360.1 7,974.5 10,919.9 3,753.2 7,332.7 122.0 560.0 -5,140.4 16,583.8 47,149.0 15,197.5 34,173.7 447.3 7,662.5 -6,416.7 19,126.9 13,074.1 4,763.2 7,487.1 940.8 6,942.6 -5,319.6 5,823.2 3,259.9 1,281.0 1,841.7 162.4 148.2 -3,845.9 1,685.2 5,462.6 2,155.0 3,127.9 237.5 128.5 -3,922.8 27,391.6 37,806.4 19,052.5 17,928.5 955.5 18.2 -15,608.5 989.9 2,223.5 640.8 1,216.7 386.6 0.0 -1,945.2 5,888.3 21,329.0 9,347.2 9,381.8 2,674.0 1,166.4 -2,485.8 622.4 249.8 108.3 129.4 12.4 71.1 -761.6 6,203.7 28,396.2 5,534.2 23,300.7 316.7 0.0 38,645.1 28,461.4 37,429.3 14,492.4 22,030.5 1,443.0 160.8 731.3 21,859.7 22,516.8 6,981.2 15,441.8 951.7 -14,623.9 30,381.9 2,293.5 2,607.0 736.0 2,024.1 11.4 404.7 -1,849.5 476,921.2 375,982.4 130,771.0 252,375.3 7,634.7 11,086.2 -69,129.0 1,662.2 46,044.4 19,868.7 18,030.5 6,272.6 0.0 67,297.1 41,457.1 82,954.1 20,035.1 59,034.5 9,533.8 7,062.5 -32,885.1 12,341.7 20,596.1 6,368.0 5,246.8 9,017.3 41.5 41,332.0 1,363.0 2,133.3 1,025.7 937.2 80.8 0.0 -884.6 53,813.0 96,748.8 36,195.2 58,111.7 3,897.9 5,789.9 -16,029.3 5,034.8 9,266.0 5,210.4 3,429.6 284.0 907.8 4,821.3 2,649.5 963.8 371.7 573.9 33.0 86.8 -0.6 34,763.3 62,244.6 28,569.2 33,450.5 154.5 1,870.3 -41,201.3 4,576.8 4,987.1 1,151.6 3,936.2 204.0 254.5 -10,836.9 1,605.5 1,189.2 862.9 182.2 0.9 571.6 -3,725.2 10,930.8 15,332.2 5,422.2 9,762.1 573.1 0.0 -11,199.2 97 PART 5. Comparative Cross-Country Tables Part B Country 1,287.3 4,068.3 1,539.8 1,763.9 -1,529.5 68,900.0 3,749.1 3,040.2 5,282.5 1,258.3 2,247.5 -793.6 72,608.0 5,343.5 Mauritania 319.8 3,743.8 201.9 640.6 1.5 30,474.5 4,981.4 Mauritius 5,111.3 7,904.7 2,021.9 4,758.8 -7,878.7 65,733.8 8,392.2 28,572.9 89,360.8 39,192.8 44,062.3 -43,840.2 571,933.2 95,961.5 Mozambique 2,662.8 6,145.7 1,267.5 6,045.0 955.6 94,725.3 5,789.0 Namibia 2,702.7 14,260.4 3,663.6 7,255.7 -2,458.8 55,221.3 9,548.6 Niger 2,611.7 4,044.8 2,844.6 3,413.9 -55.6 51,843.5 2,209.9 17,666.7 264,413.4 771.1 79,481.0 466.9 1,454,693.9 137,075.1 936.2 3,487.3 2,293.2 2,320.0 745.9 65,259.8 1,966.2 32.0 223.6 35.6 63.3 14.2 2,444.7 211.3 1,491.7 8,291.9 1,039.1 4,847.6 -2,303.3 109,327.5 6,351.4 129.2 942.2 18.0 162.3 0.0 4,448.1 1,306.6 Sierra Leone 1,188.3 3,549.7 452.5 1,790.8 0.0 31,989.7 1,332.2 South Africa 81,315.4 213,044.9 41,367.7 226,874.4 -19,780.0 1,731,659.7 260,698.0 Sudan 11,859.9 23,931.8 15,197.8 13,035.6 1,819.1 448,572.1 6,556.2 Swaziland 1,365.3 2,361.5 227.7 496.1 -1,731.1 31,408.5 1,830.8 Tanzania 2,237.8 13,826.0 37.3 5,036.0 0.0 214,623.3 8,710.4 324.1 5,178.5 2,844.2 4,695.3 -995.9 32,153.9 2,291.4 Tunisia 10,457.2 51,420.0 36,734.3 24,629.7 -10,334.5 309,098.5 67,565.2 Uganda 12,735.1 39,857.0 7,300.3 10,614.1 0.0 201,958.8 25,878.8 Zambia 743.4 6,714.5 375.1 7,265.8 0.0 106,115.9 6,868.8 1,626.4 8,174.0 458.3 4,825.8 484.9 73,233.0 8,212.3 366,510.7 1,555,253.8 409,813.6 1,121,114.3 -178,742.1 11,866,015.8 1,719,803.3 Mali Morocco Nigeria Rwanda São Tomé & Príncipe Senegal Seychelles Togo Zimbabwe AFRICA 98 Misc, Goods & Services Net Purchases abroad Individual Consumption by Government Education Malawi Restaurants & Hotels Individual Consumption Expenditures by Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 5,124.7 9,234.7 5,955.9 2,112.1 496.3 -1,978.8 -10,048.4 17,541.8 18,247.8 7,189.1 10,478.3 765.2 858.7 -1,392.5 10,314.0 20,081.7 8,551.2 9,740.1 1,537.1 -10,834.7 -2,412.4 11,252.8 21,843.4 6,147.9 15,620.2 937.2 1,713.0 -10,564.1 112,218.9 320,341.5 100,479.0 223,840.4 12,678.5 43,813.9 -94,445.4 5,947.2 15,206.2 5,404.4 10,083.7 44.2 2,145.9 -11,854.1 15,704.7 21,583.8 6,579.2 15,434.3 620.4 -1,103.9 -6,400.2 6,943.0 18,089.2 8,649.0 9,143.4 464.9 38.6 -12,730.1 269,539.1 195,176.7 96,173.5 83,439.9 10,360.8 127.9 296,556.1 4,413.6 10,077.6 2,163.3 7,960.8 455.4 0.0 -7,995.8 370.6 428.5 244.6 114.0 23.1 2.9 -802.0 15,813.0 25,350.0 9,163.9 16,633.9 217.8 1,711.4 -18,688.2 3,551.5 2,328.1 992.8 1,249.2 102.1 450.8 -1,597.3 4,207.3 11,544.0 6,271.6 4,466.2 102.7 112.0 -8,478.7 374,321.0 553,313.0 262,965.0 265,009.9 25,338.1 15,562.0 -18,015.0 74,047.4 156,369.7 61,025.7 100,560.1 6.1 15,063.9 -6,866.8 3,042.3 3,474.6 979.7 2,235.0 374.0 0.0 -2,579.0 45,106.5 105,500.9 27,244.4 92,352.4 1,412.0 1,595.0 -33,210.3 4,031.8 4,883.1 1,265.8 3,715.6 192.7 550.1 -4,304.1 68,101.7 105,451.8 21,882.7 98,008.7 2,534.7 6,847.6 -24,833.4 5,140.0 52,571.7 8,719.3 54,949.1 1,383.4 626.7 -22,876.9 31,640.9 40,234.5 9,695.7 32,225.7 1,466.8 2,570.6 9,074.0 9,285.9 6,863.3 2,235.6 4,845.6 18.3 3,470.4 -12,823.1 2,448,500.5 3,308,774.8 1,229,222.5 2,045,419.5 138,964.9 181,887.7 61,285.8 99 PART 5. Comparative Cross-Country Tables Table 7. Real GDP and Main Expenditure Components Part A Country GDP Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Algeria 11.8 8.3 6.9 3.6 Angola 3.5 3.0 3.7 8.2 Benin 0.4 0.5 0.6 0.6 Botswana 0.7 0.5 0.3 1.1 Burkina Faso 0.6 0.6 0.8 1.4 Burundi 0.1 0.2 0.2 0.7 Cabo Verde 0.1 0.1 0.1 0.1 Cameroon 1.3 1.6 2.3 1.6 Central Afr. Rep. 0.1 0.1 0.2 0.5 Chad 0.6 0.6 0.8 1.0 Comoros 0.0 0.0 0.0 0.0 Congo Rep. 0.6 0.2 0.2 0.4 Congo, Dem. Rep. 1.1 1.1 1.5 1.0 Côte d'Ivoire 1.3 1.4 1.7 1.7 Djibouti 0.1 0.1 0.1 0.2 20.2 23.6 23.6 18.2 Equat. Guinea 0.7 0.1 0.1 0.2 Ethiopia 2.5 2.9 3.1 2.3 Gabon 0.6 0.3 0.3 1.1 Gambia, The 0.1 0.1 0.1 0.1 Egypt Ghana 2.1 2.0 1.7 1.0 Guinea 0.3 0.3 0.4 0.2 Guinea-Bissau 0.1 0.1 0.1 0.0 Kenya 2.2 2.8 2.9 4.1 Lesotho 0.1 0.2 0.2 0.2 Liberia 0.1 0.1 0.1 0.1 Madagascar 0.7 1.0 1.2 1.0 Malawi 0.4 0.5 0.7 1.0 Mali 0.6 0.6 0.8 0.3 Mauritania 0.3 0.3 0.4 0.1 Mauritius 0.5 0.5 0.5 1.2 100 PART 5. Comparative Cross-Country Tables Country Shares (Africa = 100) Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 2.7 2.5 3.6 10.4 14.4 15.7 2.1 2.1 2.9 1.9 2.3 1.1 0.3 0.3 0.2 0.2 0.5 0.5 0.6 0.3 0.5 0.4 1.1 0.6 0.2 0.5 0.4 0.3 0.4 0.7 0.0 0.3 0.0 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.1 0.1 1.8 1.1 2.2 0.3 1.5 0.6 0.2 0.1 0.1 0.0 0.1 0.0 0.2 0.3 0.7 0.7 0.7 0.6 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.3 0.1 0.3 0.2 0.3 0.8 1.2 0.7 0.8 0.3 0.4 0.7 1.0 2.2 1.0 1.7 1.1 0.0 0.1 0.1 0.0 0.0 0.0 18.9 40.3 16.1 33.5 17.0 20.7 0.1 0.1 0.1 0.2 0.1 0.2 2.1 2.8 4.6 4.1 0.5 0.5 0.3 0.3 0.3 0.3 0.4 0.4 0.1 0.0 0.0 0.2 0.0 0.1 4.9 1.6 2.6 1.4 2.1 1.3 0.4 0.4 0.2 0.3 0.2 0.0 0.1 0.0 0.1 0.0 0.0 0.0 1.3 1.8 2.4 3.3 2.6 4.7 0.4 0.2 0.3 0.1 0.1 0.2 0.2 0.1 0.1 0.0 0.0 0.1 1.3 0.4 2.6 0.3 1.1 0.2 0.3 0.7 0.9 0.4 0.3 0.3 0.5 0.3 0.6 0.4 0.7 0.4 0.2 0.2 0.1 0.2 0.1 0.3 0.6 0.6 0.8 0.4 0.6 0.8 101 PART 5. Comparative Cross-Country Tables Part A Country GDP Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Morocco 5.3 4.9 4.8 3.1 Mozambique 0.6 0.7 1.1 1.3 Namibia 0.5 0.5 0.3 0.8 Niger 0.3 0.4 0.4 0.3 Nigeria 12.4 11.9 11.2 7.2 Rwanda 0.4 0.5 0.7 0.5 São Tomé & Príncipe 0.0 0.0 0.0 0.0 Senegal 0.7 0.9 1.2 0.4 Seychelles 0.0 0.0 0.0 0.0 Sierra Leone 0.2 0.3 0.2 0.3 South Africa 14.9 14.8 9.5 25.4 Sudan 3.7 3.5 5.0 0.5 Swaziland 0.2 0.2 0.4 0.1 Tanzania 1.7 1.7 3.2 0.3 Togo 0.2 0.3 0.3 0.2 Tunisia 2.7 2.7 1.8 2.3 Uganda 1.3 1.7 1.7 3.0 Zambia 1.0 0.8 1.5 0.2 Zimbabwe 0.4 0.6 1.0 0.9 100.0 100.0 100.0 100.0 AFRICA 102 PART 5. Comparative Cross-Country Tables Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 3.0 6.8 4.1 3.3 5.2 9.5 0.6 0.5 0.3 0.3 0.7 0.3 0.5 0.4 0.8 0.7 0.2 0.2 0.7 0.3 0.5 0.2 0.4 0.2 32.8 8.1 20.8 7.1 10.7 6.6 0.2 0.7 0.4 0.2 0.3 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.5 1.1 1.0 0.4 0.5 1.4 0.0 0.1 0.0 0.0 0.0 0.0 0.5 0.2 0.1 0.8 0.1 0.2 9.4 12.3 14.5 18.2 22.4 18.8 4.0 2.9 4.7 0.9 2.9 2.4 0.2 0.2 0.5 0.3 0.2 0.1 2.1 0.7 1.4 1.3 0.7 0.1 0.2 0.2 0.2 0.3 0.1 0.1 1.9 2.8 2.9 2.6 4.8 5.8 0.7 1.8 1.7 0.7 0.9 1.2 0.9 0.7 0.2 0.7 0.1 0.4 0.5 0.3 0.2 0.3 0.4 0.0 100.0 100.0 100.0 100.0 100.0 100.0 103 PART 5. Comparative Cross-Country Tables Part B Country Misc. Goods & Services Net Purchases abroad Individual Consumption by Government Education Algeria 8.7 13.3 7.3 21.8 0.0 6.1 31.5 Angola 1.9 1.7 2.3 4.3 0.0 2.9 4.0 Benin 0.2 0.3 1.5 0.2 0.2 0.5 0.2 Botswana 0.5 0.8 0.6 0.5 0.0 0.5 0.6 Burkina Faso 0.4 0.3 0.8 0.2 0.0 0.6 0.2 Burundi 0.1 0.2 0.3 0.1 -0.1 0.2 0.2 Cabo Verde 0.0 0.1 0.4 0.1 0.7 0.1 0.1 Cameroon 0.8 0.5 3.5 0.5 -0.7 1.8 0.4 Cent. Afr. Rep. 0.1 0.1 0.1 0.1 0.0 0.1 0.0 Chad 0.5 0.2 0.1 0.2 -0.7 0.6 0.2 Comoros 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Congo Rep. 0.2 0.2 0.6 0.1 0.3 0.2 0.2 Congo, Dem. Rep. 0.5 0.9 1.9 0.3 0.0 1.1 0.4 Côte d'Ivoire 1.4 0.6 0.8 0.8 -0.8 1.5 0.6 Djibouti 0.0 0.0 0.0 0.0 -0.1 0.1 0.0 Egypt 25.7 19.6 24.4 21.3 48.4 24.4 15.5 Equat. Guinea 0.1 0.1 0.2 0.1 -0.2 0.1 0.1 Ethiopia 0.5 2.1 6.7 4.3 0.0 3.1 1.0 Gabon 0.3 0.2 0.5 0.1 -1.4 0.3 0.2 Gambia, The 0.1 0.1 0.0 0.0 0.0 0.1 0.0 Ghana 0.7 4.0 0.0 1.1 0.0 2.0 1.7 Guinea 0.1 0.2 0.1 0.1 -0.1 0.3 0.1 Guinea-Bissau 0.1 0.0 0.0 0.0 0.0 0.1 0.0 Kenya 3.3 3.6 6.5 2.7 6.5 2.8 3.1 Lesotho 0.3 0.2 0.1 0.2 -1.1 0.2 0.2 Liberia 0.1 0.2 0.0 0.1 0.0 0.1 0.0 Madagascar 1.7 0.5 1.9 0.2 0.3 1.1 0.3 104 Restaurants & Hotels Individual Consumption Expenditures By Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 14.6 15.3 15.6 14.3 18.4 36.5 246.2 8.2 4.1 3.0 4.8 3.9 1.0 -52.8 0.3 0.3 0.3 0.4 0.1 0.3 -8.4 0.7 1.4 1.2 1.7 0.3 4.2 -10.5 0.8 0.4 0.4 0.4 0.7 3.8 -8.7 0.2 0.1 0.1 0.1 0.1 0.1 -6.3 0.1 0.2 0.2 0.2 0.2 0.1 -6.4 1.1 1.1 1.5 0.9 0.7 0.0 -25.5 0.0 0.1 0.1 0.1 0.3 0.0 -3.2 0.2 0.6 0.8 0.5 1.9 0.6 -4.1 0.0 0.0 0.0 0.0 0.0 0.0 -1.2 0.3 0.9 0.5 1.1 0.2 0.0 63.1 1.2 1.1 1.2 1.1 1.0 0.1 1.2 0.9 0.7 0.6 0.8 0.7 -8.0 49.6 0.1 0.1 0.1 0.1 0.0 0.2 -3.0 19.5 11.4 10.6 12.3 5.5 6.1 -112.8 0.1 1.4 1.6 0.9 4.5 0.0 109.8 1.7 2.5 1.6 2.9 6.9 3.9 -53.7 0.5 0.6 0.5 0.3 6.5 0.0 67.4 0.1 0.1 0.1 0.0 0.1 0.0 -1.4 2.2 2.9 2.9 2.8 2.8 3.2 -26.2 0.2 0.3 0.4 0.2 0.2 0.5 7.9 0.1 0.0 0.0 0.0 0.0 0.0 0.0 1.4 1.9 2.3 1.6 0.1 1.0 -67.2 0.2 0.2 0.1 0.2 0.1 0.1 -17.7 0.1 0.0 0.1 0.0 0.0 0.3 -6.1 0.4 0.5 0.4 0.5 0.4 0.0 -18.3 105 PART 5. Comparative Cross-Country Tables Part B Country Malawi 0.4 0.3 0.4 0.2 0.9 0.6 0.2 Mali 0.8 0.3 0.3 0.2 0.4 0.6 0.3 Mauritania 0.1 0.2 0.0 0.1 0.0 0.3 0.3 Mauritius 1.4 0.5 0.5 0.4 4.4 0.6 0.5 Morocco 7.8 5.7 9.6 3.9 24.5 4.8 5.6 Mozambique 0.7 0.4 0.3 0.5 -0.5 0.8 0.3 Namibia 0.7 0.9 0.9 0.6 1.4 0.5 0.6 Niger 0.7 0.3 0.7 0.3 0.0 0.4 0.1 Nigeria 4.8 17.0 0.2 7.1 -0.3 12.3 8.0 Rwanda 0.3 0.2 0.6 0.2 -0.4 0.5 0.1 São Tomé & Príncipe 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Senegal 0.4 0.5 0.3 0.4 1.3 0.9 0.4 Seychelles 0.0 0.1 0.0 0.0 0.0 0.0 0.1 Sierra Leone 0.3 0.2 0.1 0.2 0.0 0.3 0.1 South Africa 22.2 13.7 10.1 20.2 11.1 14.6 15.2 Sudan 3.2 1.5 3.7 1.2 -1.0 3.8 0.4 Swaziland 0.4 0.2 0.1 0.0 1.0 0.3 0.1 Tanzania 0.6 0.9 0.0 0.4 0.0 1.8 0.5 Togo 0.1 0.3 0.7 0.4 0.6 0.3 0.1 Tunisia 2.9 3.3 9.0 2.2 5.8 2.6 3.9 Uganda 3.5 2.6 1.8 0.9 0.0 1.7 1.5 Zambia 0.2 0.4 0.1 0.6 0.0 0.9 0.4 Zimbabwe 0.4 0.5 0.1 0.4 -0.3 0.6 0.5 100.0 100.0 100.0 100.0 100.0 100.0 100.0 106 Misc. Goods & Services Net Purchases abroad Individual Consumption by Government Education AFRICA Restaurants & Hotels Individual Consumption Expenditures By Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 0.2 0.3 0.5 0.1 0.4 -1.1 -16.4 0.7 0.6 0.6 0.5 0.6 0.5 -2.3 0.4 0.6 0.7 0.5 1.1 -6.0 -3.9 0.5 0.7 0.5 0.8 0.7 0.9 -17.2 4.6 9.7 8.2 10.9 9.1 24.1 -154.1 0.2 0.5 0.4 0.5 0.0 1.2 -19.3 0.6 0.7 0.5 0.8 0.4 -0.6 -10.4 0.3 0.5 0.7 0.4 0.3 0.0 -20.8 11.0 5.9 7.8 4.1 7.5 0.1 483.9 0.2 0.3 0.2 0.4 0.3 0.0 -13.0 0.0 0.0 0.0 0.0 0.0 0.0 -1.3 0.6 0.8 0.7 0.8 0.2 0.9 -30.5 0.1 0.1 0.1 0.1 0.1 0.2 -2.6 0.2 0.3 0.5 0.2 0.1 0.1 -13.8 15.3 16.7 21.4 13.0 18.2 8.6 -29.4 3.0 4.7 5.0 4.9 0.0 8.3 -11.2 0.1 0.1 0.1 0.1 0.3 0.0 -4.2 1.8 3.2 2.2 4.5 1.0 0.9 -54.2 0.2 0.1 0.1 0.2 0.1 0.3 -7.0 2.8 3.2 1.8 4.8 1.8 3.8 -40.5 0.2 1.6 0.7 2.7 1.0 0.3 -37.3 1.3 1.2 0.8 1.6 1.1 1.4 14.8 0.4 0.2 0.2 0.2 0.0 1.9 -20.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 107 PART 5. Comparative Cross-Country Tables Table 8. Real GDP Per Capita and Main Expenditure Part A Country GDP Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Algeria 64,479.2 31,311.1 7,109.5 342.3 Angola 34,872.5 20,669.8 6,968.5 1,437.5 8,421.7 7,001.8 2,636.9 225.3 64,041.0 32,386.1 5,028.3 1,893.6 Burkina Faso 6,402.3 4,524.8 1,714.0 291.6 Burundi 3,409.9 3,090.6 1,009.5 264.9 Cabo Verde 29,145.0 22,607.2 6,617.7 979.8 Cameroon 13,187.5 10,958.2 4,253.5 271.4 Benin Botswana Central Afr. Rep. 4,278.5 4,129.0 1,646.0 356.3 Chad 9,469.0 7,025.9 2,683.9 289.0 Comoros 2,908.7 2,955.7 1,197.4 5.3 Congo Rep. 27,797.8 7,187.7 1,866.6 319.1 3,128.2 2,128.9 804.3 51.2 Côte d'Ivoire 12,724.8 9,407.9 3,188.9 286.0 Djibouti 11,506.1 8,184.5 2,119.5 620.2 49,642.6 39,990.6 11,024.7 786.5 188,065.8 23,341.7 6,383.3 732.7 5,788.9 4,650.9 1,341.1 95.4 78,630.8 28,458.2 6,076.7 2,516.1 7,185.8 5,802.9 1,712.4 158.6 Ghana 16,338.6 10,663.5 2,519.7 131.6 Guinea 6,153.0 3,749.2 1,310.0 51.8 Guinea-Bissau 6,507.7 4,412.9 1,739.7 68.4 Kenya 10,177.5 9,183.7 2,548.9 342.3 Lesotho 10,155.6 12,005.7 2,649.0 259.6 Liberia 2,557.7 2,872.0 575.5 85.0 Madagascar 6,733.0 6,323.2 2,144.2 167.8 Malawi 4,650.2 4,749.4 1,699.2 218.0 7,195.3 4,975.7 1,934.3 75.1 Mauritania 15,220.2 9,935.0 4,622.5 86.7 Mauritius 74,229.4 56,601.6 14,113.3 3,077.1 Congo, Dem. Rep. Egypt Equat. Guinea Ethiopia Gabon Gambia, The Mali 108 PART 5. Comparative Cross-Country Tables Components (ZAR) Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 674.1 1,522.2 851.5 3,500.9 4,602.2 1,193.0 973.4 2,407.7 1,226.4 1,150.6 1,329.4 148.1 340.0 706.2 208.5 302.4 593.5 157.9 2,512.5 2,859.4 1,878.4 2,222.0 6,220.6 870.4 117.7 592.3 221.8 215.4 274.5 106.6 35.7 737.7 27.1 166.8 128.3 16.5 555.7 4,086.1 2,024.3 1,574.0 1,442.1 810.3 801.0 1,222.8 936.8 170.7 851.2 83.4 368.5 342.0 212.4 90.7 145.0 18.7 183.8 645.3 481.6 697.4 647.6 148.4 92.7 1,081.1 93.9 35.3 59.1 8.6 199.9 1,409.6 281.2 801.1 545.6 217.2 109.7 393.9 91.9 143.4 52.5 15.8 303.5 1,125.9 925.4 601.5 975.5 152.9 257.5 2,780.5 549.3 285.7 503.5 23.5 2,166.7 11,138.3 1,694.5 5,096.7 2,454.5 712.1 810.4 3,992.0 857.8 2,991.1 1,992.7 762.3 228.6 716.1 455.6 584.0 69.5 14.9 1,548.9 4,368.4 1,681.9 2,423.2 3,201.9 757.0 689.2 437.4 177.3 1,451.6 165.4 159.8 1,784.5 1,449.6 874.1 679.8 962.8 142.1 316.8 773.8 175.4 397.1 199.3 3.6 343.2 667.6 309.2 176.1 288.7 16.2 285.9 953.5 486.1 955.1 709.2 309.0 1,662.8 1,521.2 1,054.2 695.6 386.3 252.2 482.8 501.8 219.5 92.8 76.2 72.8 566.6 361.4 1,016.1 181.9 608.3 27.8 164.9 1,014.0 494.7 341.6 234.1 59.3 308.2 466.2 301.1 318.3 524.1 74.5 455.3 1,070.3 321.8 539.9 439.0 246.1 4,294.7 10,792.5 5,000.2 4,079.7 5,629.7 1,740.6 109 PART 5. Comparative Cross-Country Tables Part A Country Actual Consumption Expenditures By Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco 32,234.4 20,557.9 5,577.0 332.8 4,527.7 4,216.7 1,725.4 183.1 39,863.4 27,753.4 4,577.9 1,155.7 4,058.2 3,415.8 1,035.8 67.6 Nigeria 15,004.2 9,866.6 2,568.3 153.1 Rwanda 6,368.9 6,134.4 2,436.0 157.6 São Tomé & Príncipe 14,531.1 15,902.5 6,448.5 670.0 10,703.6 9,149.1 3,525.4 106.7 108,318.8 63,143.7 20,172.5 787.2 Sierra Leone 6,531.1 5,675.4 1,514.3 186.3 South Africa 57,818.9 39,483.9 6,997.4 1,735.1 Sudan 17,014.5 11,114.1 4,370.3 43.9 Swaziland 30,176.2 27,689.6 11,288.5 206.0 Tanzania 7,397.5 4,892.0 2,559.5 24.2 Togo 6,266.1 5,673.0 1,788.1 133.1 49,212.9 34,811.4 6,219.4 734.4 Morocco Mozambique Namibia Niger Senegal Seychelles Tunisia GDP Uganda 7,630.9 6,595.1 1,878.7 301.5 Zambia 15,040.2 8,454.6 4,104.6 52.5 6,567.7 6,410.3 2,980.4 251.2 19,267.4 13,272.3 3,649.3 338.4 Zimbabwe AFRICA 110 PART 5. Comparative Cross-Country Tables Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 842.9 4,646.5 1,076.2 1,232.6 1,842.3 801.1 241.1 437.4 114.2 137.2 351.0 35.9 1,938.4 4,242.9 2,875.5 3,551.6 1,225.0 232.2 402.4 368.1 236.2 173.3 254.0 40.9 1,847.7 1,094.7 1,074.2 532.1 755.4 111.2 190.7 1,324.6 276.8 234.0 279.2 55.1 649.4 1,597.4 566.2 1,061.8 1,518.7 147.0 392.5 1,967.3 678.5 355.2 406.0 303.7 2,475.8 15,242.3 2,766.9 6,962.3 3,186.1 984.1 694.4 656.9 194.0 1,520.2 144.7 83.9 1,703.8 5,379.3 2,418.1 4,374.1 5,102.6 1,015.9 865.1 1,486.3 926.6 249.3 781.6 158.0 1,559.5 3,771.3 3,354.2 2,577.0 2,090.4 321.6 409.7 310.7 251.2 332.1 180.4 3.1 338.1 545.1 286.9 530.2 238.2 61.8 1,642.7 5,790.6 2,307.2 2,982.6 5,192.3 1,507.7 197.0 1,134.7 401.7 257.5 310.8 91.8 590.2 1,204.1 132.2 671.6 82.6 88.9 338.3 450.8 158.7 239.2 396.2 6.5 899.1 2,161.4 825.4 1,189.2 1,128.3 268.7 111 PART 5. Comparative Cross-Country Tables Part B Country Algeria 882.9 5,739.3 834.3 6,778.2 0.0 20,180.8 15,068.8 Angola 353.5 1,319.7 484.2 2,479.4 0.0 17,339.0 3,481.7 Benin 94.5 476.8 665.4 274.9 -45.6 6,511.5 415.4 875.7 5,953.5 1,177.3 2,882.8 0.0 27,357.7 5,500.4 Burkina Faso 84.4 250.2 193.8 128.9 -1.2 4,255.7 203.2 Burundi 25.2 405.9 130.6 70.1 27.8 2,720.1 384.3 Cabo Verde 200.1 2,327.9 3,673.6 1,501.6 -2,414.7 19,797.0 2,809.6 Cameroon 139.5 392.2 716.6 269.7 62.1 10,447.4 373.0 62.3 283.8 89.1 153.1 0.0 3,898.7 159.6 172.0 212.4 48.4 173.1 111.9 6,662.8 249.2 24.2 127.8 0.6 80.9 7.4 2,851.6 25.2 Congo Rep. 175.0 760.5 613.4 275.6 -125.6 6,406.0 766.2 Congo, Dem. Rep. 29.2 202.2 112.4 46.2 0.0 1,992.8 104.5 Côte d'Ivoire 249.3 461.9 164.8 472.2 71.8 8,845.0 489.2 77.9 678.6 77.4 177.2 102.9 7,506.4 615.9 1,180.8 3,838.4 1,256.5 2,992.4 -1,086.8 36,330.0 3,357.4 338.3 1,928.6 896.8 1,241.6 473.8 21,968.5 1,443.9 Ethiopia 23.6 387.4 321.6 575.5 0.0 4,368.0 194.4 Gabon 757.1 1,668.1 1,422.9 1,022.8 1,636.1 25,861.6 2,484.7 Gambia, The 190.5 759.0 50.4 291.4 0.0 5,321.2 420.1 Ghana 106.5 2,465.3 4.0 472.8 1.0 9,463.5 1,195.6 Guinea 28.5 287.9 45.6 92.5 22.1 3,548.7 95.0 Guinea-Bissau 146.8 259.4 18.8 76.4 0.0 4,100.9 215.8 Kenya 286.6 1,353.4 639.1 731.3 -279.5 7,917.4 1,284.1 Lesotho 444.8 1,139.5 142.1 791.0 879.1 10,629.0 1,347.5 55.1 701.4 23.3 221.6 0.0 2,785.6 17.3 284.7 400.8 365.5 109.8 -26.0 6,007.2 218.1 Cent. Afr. Rep. Chad Comoros Djibouti Egypt Equat. Guinea Liberia Madagascar 112 Misc, Goods & Services Net Purchases abroad Individual Consumption by Government Education Botswana Restaurants & Hotels Individual Consumption Expenditures by Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 9,921.4 14,037.2 5,342.6 8,128.2 711.6 1,847.2 4,194.3 10,288.4 6,863.6 1,892.2 5,008.6 279.4 90.2 -1,649.5 876.3 1,200.0 412.4 805.8 13.4 61.5 -564.9 8,166.4 23,217.7 7,483.7 16,828.2 220.2 3,773.3 -3,159.8 1,127.2 770.5 280.7 441.3 55.4 409.2 -313.5 679.1 380.2 149.4 214.8 18.9 17.3 -448.5 3,366.6 10,912.4 4,305.1 6,248.4 474.5 256.7 -7,836.5 1,367.5 1,887.5 951.2 895.1 47.7 0.9 -779.2 220.6 495.6 142.8 271.2 86.2 0.0 -433.5 510.9 1,850.6 811.0 814.0 232.0 101.2 -215.7 825.5 331.3 143.6 171.6 16.4 94.3 -1,010.2 1,498.6 6,859.4 1,336.8 5,628.5 76.5 0.0 9,335.1 420.0 552.4 213.9 325.1 21.3 2.4 10.8 1,084.7 1,117.3 346.4 766.2 47.2 -725.6 1,507.6 2,532.7 2,878.8 812.8 2,235.2 12.6 447.0 -2,042.4 5,990.2 4,722.4 1,642.5 3,169.8 95.9 139.2 -868.3 2,307.9 63,931.6 27,587.2 25,035.0 8,709.4 0.0 93,440.5 489.3 979.0 236.4 696.7 112.5 83.3 -388.1 8,044.1 13,424.1 4,150.5 3,419.8 5,877.3 27.1 26,939.3 767.4 1,201.1 577.5 527.7 45.5 0.0 -498.1 2,155.5 3,875.3 1,449.8 2,327.7 156.1 231.9 -642.1 492.6 906.5 509.7 335.5 27.8 88.8 471.7 1,712.6 623.0 240.2 371.0 21.3 56.1 -0.4 835.5 1,495.9 686.6 803.9 3.7 44.9 -990.2 2,086.2 2,273.2 524.9 1,794.2 93.0 116.0 -4,939.7 388.9 288.0 209.0 44.1 0.2 138.5 -902.3 512.8 719.3 254.4 458.0 26.9 0.0 -525.4 113 PART 5. Comparative Cross-Country Tables Part B Country Malawi 83.7 264.5 100.1 114.7 -99.4 4,479.6 243.7 Mali 191.9 333.5 79.4 141.9 -50.1 4,584.0 337.4 Mauritania 90.3 1,057.1 57.0 180.9 0.4 8,604.9 1,406.6 Mauritius 3,911.9 6,049.8 1,547.4 3,642.2 -6,029.9 50,309.3 6,423.0 Morocco 885.4 2,768.9 1,214.4 1,365.3 -1,358.4 17,721.7 2,973.4 111.3 256.8 53.0 252.6 39.9 3,958.5 241.9 1,162.9 6,136.2 1,576.4 3,122.1 -1,058.0 23,761.3 4,108.7 Niger 162.5 251.7 177.0 212.5 -3.5 3,226.3 137.5 Nigeria 108.7 1,627.5 4.7 489.2 2.9 8,953.6 843.7 Rwanda 85.6 318.7 209.6 212.0 68.2 5,963.6 179.7 São Tomé & Príncipe 190.1 1,327.0 211.5 375.8 84.0 14,506.7 1,253.8 Senegal 116.8 649.5 81.4 379.7 -180.4 8,562.9 497.5 1,487.0 10,844.6 207.0 1,868.0 0.0 51,199.2 15,039.7 Sierra Leone 198.1 591.9 75.5 298.6 0.0 5,333.8 222.1 South Africa 1,611.5 4,222.1 819.8 4,496.1 -392.0 34,317.5 5,166.4 Sudan 280.7 566.5 359.7 308.6 43.1 10,617.9 155.2 1,134.6 1,962.4 189.2 412.3 -1,438.6 26,101.3 1,521.4 Tanzania 48.4 299.1 0.8 109.0 0.0 4,643.7 188.5 Togo 52.7 841.4 462.1 762.9 -161.8 5,224.2 372.3 Tunisia 987.1 4,853.7 3,467.4 2,324.9 -975.5 29,176.6 6,377.6 Uganda 369.0 1,155.0 211.5 307.6 0.0 5,852.3 749.9 Zambia 55.2 498.3 27.8 539.2 0.0 7,875.0 509.7 Zimbabwe 127.5 640.9 35.9 378.4 38.0 5,741.8 643.9 360.2 1,528.3 402.7 1,101.7 -175.6 11,660.7 1,690.1 Namibia Seychelles Swaziland AFRICA 114 Misc, Goods & Services Net Purchases abroad Individual Consumption by Government Education Mozambique Restaurants & Hotels Individual Consumption Expenditures by Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 333.2 600.4 387.2 137.3 32.3 -128.7 -653.3 1,107.5 1,152.0 453.9 661.5 48.3 54.2 -87.9 2,912.3 5,670.3 2,414.5 2,750.2 434.0 -3,059.3 -681.2 8,612.3 16,717.8 4,705.3 11,954.9 717.3 1,311.0 -8,085.3 3,477.2 9,926.0 3,113.4 6,935.8 392.9 1,357.6 -2,926.5 248.5 635.5 225.8 421.4 1.8 89.7 -495.4 6,757.6 9,287.3 2,831.0 6,641.2 267.0 -475.0 -2,754.0 432.1 1,125.7 538.2 569.0 28.9 2.4 -792.2 1,659.0 1,201.3 591.9 513.6 63.8 0.8 1,825.3 403.3 920.9 197.7 727.5 41.6 0.0 -730.7 2,198.9 2,542.7 1,451.4 676.4 137.1 16.9 -4,759.1 1,238.5 1,985.5 717.7 1,302.8 17.1 134.0 -1,463.7 40,878.2 26,797.2 11,427.8 14,378.6 1,175.4 5,188.6 -18,385.5 701.5 1,924.8 1,045.7 744.7 17.1 18.7 -1,413.7 7,418.2 10,965.4 5,211.4 5,251.9 502.1 308.4 -357.0 1,752.7 3,701.3 1,444.5 2,380.3 0.1 356.6 -162.5 2,528.2 2,887.5 814.2 1,857.3 310.8 0.0 -2,143.3 975.9 2,282.7 589.5 1,998.2 30.6 34.5 -718.6 655.1 793.4 205.7 603.7 31.3 89.4 -699.3 6,428.3 9,953.9 2,065.6 9,251.3 239.3 646.4 -2,344.1 148.9 1,523.4 252.7 1,592.3 40.1 18.2 -662.9 2,348.1 2,985.9 719.5 2,391.5 108.9 190.8 673.4 728.1 538.1 175.3 379.9 1.4 272.1 -1,005.4 2,406.1 3,251.5 1,208.0 2,010.0 136.6 178.7 60.2 115 PART 5. Comparative Cross-Country Tables Table 9. Real GDP Per capita and Main Expenditure Part A Country GDP Actual Consumption Expenditures by Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Algeria 334.7 235.9 194.8 101.2 Angola 181.0 155.7 191.0 424.8 Benin 43.7 52.8 72.3 66.6 332.4 244.0 137.8 559.6 33.2 34.1 47.0 86.2 17.7 23.3 27.7 78.3 Cameroon 68.4 82.6 116.6 80.2 Cabo Verde 151.3 170.3 181.3 289.5 Central Afr. Rep. 22.2 31.1 45.1 105.3 Chad 49.1 52.9 73.5 85.4 Comoros 15.1 22.3 32.8 1.6 144.3 54.2 51.1 94.3 Congo, Dem. Rep. 16.2 16.0 22.0 15.1 Côte d'Ivoire 66.0 70.9 87.4 84.5 Djibouti 59.7 61.7 58.1 183.3 Egypt 257.7 301.3 302.1 232.4 Equatorial Guinea 976.1 175.9 174.9 216.5 Ethiopia 30.0 35.0 36.8 28.2 408.1 214.4 166.5 743.5 37.3 43.7 46.9 46.9 Ghana 84.8 80.3 69.0 38.9 Guinea 31.9 28.2 35.9 15.3 Guinea-Bissau 33.8 33.2 47.7 20.2 Kenya 52.8 69.2 69.8 101.2 Lesotho 52.7 90.5 72.6 76.7 Liberia 13.3 21.6 15.8 25.1 Madagascar 34.9 47.6 58.8 49.6 Malawi 24.1 35.8 46.6 64.4 Mali 37.3 37.5 53.0 22.2 Mauritania 79.0 74.9 126.7 25.6 Mauritius 385.3 426.5 386.7 909.3 Botswana Burkina Faso Burundi Congo Rep. Gabon Gambia, The 116 PART 5. Comparative Cross-Country Tables Components Relatives (Africa = 100) Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 75.0 70.4 103.2 294.4 407.9 444.1 108.3 111.4 148.6 96.7 117.8 55.1 37.8 32.7 25.3 25.4 52.6 58.8 279.5 132.3 227.6 186.8 551.3 324.0 13.1 27.4 26.9 18.1 24.3 39.7 4.0 34.1 3.3 14.0 11.4 6.2 89.1 56.6 113.5 14.4 75.4 31.0 61.8 189.0 245.3 132.4 127.8 301.6 41.0 15.8 25.7 7.6 12.9 7.0 20.4 29.9 58.4 58.6 57.4 55.2 10.3 50.0 11.4 3.0 5.2 3.2 22.2 65.2 34.1 67.4 48.4 80.9 12.2 18.2 11.1 12.1 4.7 5.9 33.8 52.1 112.1 50.6 86.5 56.9 28.6 128.6 66.6 24.0 44.6 8.8 241.0 515.3 205.3 428.6 217.6 265.1 90.1 184.7 103.9 251.5 176.6 283.7 25.4 33.1 55.2 49.1 6.2 5.6 172.3 202.1 203.8 203.8 283.8 281.8 76.7 20.2 21.5 122.1 14.7 59.5 198.5 67.1 105.9 57.2 85.3 52.9 35.2 35.8 21.2 33.4 17.7 1.4 38.2 30.9 37.5 14.8 25.6 6.0 31.8 44.1 58.9 80.3 62.9 115.0 185.0 70.4 127.7 58.5 34.2 93.9 53.7 23.2 26.6 7.8 6.8 27.1 63.0 16.7 123.1 15.3 53.9 10.3 18.3 46.9 59.9 28.7 20.7 22.1 34.3 21.6 36.5 26.8 46.5 27.7 50.6 49.5 39.0 45.4 38.9 91.6 477.7 499.3 605.8 343.1 499.0 647.9 117 PART 5. Comparative Cross-Country Tables Part A Country GDP Actual Consumption Expenditures by Households Food & Non Alcoholic Beverages Alcoholic Beverages & Tobacco Morocco 167.3 154.9 152.8 98.4 Mozambique 23.5 31.8 47.3 54.1 206.9 209.1 125.4 341.5 Niger 21.1 25.7 28.4 20.0 Nigeria 77.9 74.3 70.4 45.2 Rwanda 33.1 46.2 66.8 46.6 São Tomé & Príncipe 75.4 119.8 176.7 198.0 Senegal 55.6 68.9 96.6 31.5 562.2 475.8 552.8 232.6 Sierra Leone 33.9 42.8 41.5 55.1 South Africa 300.1 297.5 191.7 512.7 Sudan 88.3 83.7 119.8 13.0 Swaziland 156.6 208.6 309.3 60.9 Tanzania 38.4 36.9 70.1 7.1 Togo 32.5 42.7 49.0 39.3 Tunisia 255.4 262.3 170.4 217.0 Uganda 39.6 49.7 51.5 89.1 Zambia 78.1 63.7 112.5 15.5 Zimbabwe 34.1 48.3 81.7 74.2 100.0 100.0 100.0 100.0 Namibia Seychelles AFRICA 118 PART 5. Comparative Cross-Country Tables Clothing & Footwear Housing, Water, Electricity, Gas & other Fuels Furnishings, Household Equipment & Maintenance Health Transport Communication 93.8 215.0 130.4 103.6 163.3 298.2 26.8 20.2 13.8 11.5 31.1 13.4 215.6 196.3 348.4 298.6 108.6 86.4 44.8 17.0 28.6 14.6 22.5 15.2 205.5 50.6 130.1 44.7 67.0 41.4 21.2 61.3 33.5 19.7 24.7 20.5 72.2 73.9 68.6 89.3 134.6 54.7 43.7 91.0 82.2 29.9 36.0 113.0 275.4 705.2 335.2 585.4 282.4 366.3 77.2 30.4 23.5 127.8 12.8 31.2 189.5 248.9 293.0 367.8 452.3 378.1 96.2 68.8 112.3 21.0 69.3 58.8 173.5 174.5 406.4 216.7 185.3 119.7 45.6 14.4 30.4 27.9 16.0 1.1 37.6 25.2 34.8 44.6 21.1 23.0 182.7 267.9 279.5 250.8 460.2 561.2 21.9 52.5 48.7 21.7 27.5 34.2 65.6 55.7 16.0 56.5 7.3 33.1 37.6 20.9 19.2 20.1 35.1 2.4 100.0 100.0 100.0 100.0 100.0 100.0 119 PART 5. Comparative Cross-Country Tables Part B Country Algeria 245.1 375.5 207.2 615.2 0.0 173.1 891.6 Angola 98.1 86.3 120.2 225.1 0.0 148.7 206.0 Benin 26.2 31.2 165.2 25.0 25.9 55.8 24.6 Botswana 243.1 389.5 292.3 261.7 0.0 234.6 325.5 Burkina Faso 23.4 16.4 48.1 11.7 0.7 36.5 12.0 7.0 26.6 32.4 6.4 -15.8 23.3 22.7 Cabo Verde 38.7 25.7 177.9 24.5 -35.4 89.6 22.1 Cameroon 55.6 152.3 912.2 136.3 1.374.7 169.8 166.2 Cent. Afr. Rep. 17.3 18.6 22.1 13.9 0.0 33.4 9.4 Chad 47.8 13.9 12.0 15.7 -63.7 57.1 14.7 6.7 8.4 0.1 7.3 -4.2 24.5 1.5 48.6 49.8 152.3 25.0 71.5 54.9 45.3 Congo, Dem. Rep. 8.1 13.2 27.9 4.2 0.0 17.1 6.2 Côte d'Ivoire 69.2 30.2 40.9 42.9 -40.9 75.9 28.9 Djibouti 21.6 44.4 19.2 16.1 -58.6 64.4 36.4 327.8 251.1 312.0 271.6 618.8 311.6 198.7 93.9 126.2 222.7 112.7 -269.8 188.4 85.4 6.6 25.3 79.9 52.2 0.0 37.5 11.5 210.2 109.1 353.3 92.8 -931.5 221.8 147.0 Gambia, The 52.9 49.7 12.5 26.4 0.0 45.6 24.9 Ghana 29.6 161.3 1.0 42.9 -0.6 81.2 70.7 Guinea 7.9 18.8 11.3 8.4 -12.6 30.4 5.6 Guinea-Bissau 40.7 17.0 4.7 6.9 0.0 35.2 12.8 Kenya 79.6 88.6 158.7 66.4 159.1 67.9 76.0 Lesotho 123.5 74.6 35.3 71.8 -500.5 91.2 79.7 Liberia 15.3 45.9 5.8 20.1 0.0 23.9 1.0 Madagascar 79.0 26.2 90.8 10.0 14.8 51.5 12.9 Comoros Congo Rep. Egypt Equat. Guinea Ethiopia Gabon 120 Misc, Goods & Services Net Purchases abroad Individual Consumption by Government Education Burundi Restaurants & Hotels Individual Consumption Expenditures By Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 412.3 431.7 442.3 404.4 521.1 1,033.5 6,964.3 427.6 211.1 156.6 249.2 204.6 50.5 -2,738.8 36.4 36.9 34.1 40.1 9.8 34.4 -937.9 339.4 714.1 619.5 837.2 161.3 2,111.0 -5,246.6 46.8 23.7 23.2 22.0 40.6 228.9 -520.6 28.2 11.7 12.4 10.7 13.9 9.7 -744.7 56.8 58.0 78.7 44.5 34.9 0.5 -1,293.9 139.9 335.6 356.4 310.9 347.5 143.6 -13,011.9 9.2 15.2 11.8 13.5 63.1 0.0 -719.8 21.2 56.9 67.1 40.5 169.9 56.6 -358.1 34.3 10.2 11.9 8.5 12.0 52.7 -1,677.4 62.3 211.0 110.7 280.0 56.0 0.0 15,500.3 17.5 17.0 17.7 16.2 15.6 1.3 17.9 45.1 34.4 28.7 38.1 34.6 -406.0 2,503.2 105.3 88.5 67.3 111.2 9.2 250.1 -3,391.3 249.0 145.2 136.0 157.7 70.2 77.9 -1,441.7 95.9 1,966.2 2,283.8 1,245.5 6,377.7 0.0 155,150.9 20.3 30.1 19.6 34.7 82.4 46.6 -644.4 334.3 412.9 343.6 170.1 4,303.8 15.1 44,730.8 31.9 36.9 47.8 26.3 33.3 0.0 -827.0 89.6 119.2 120.0 115.8 114.3 129.7 -1,066.1 20.5 27.9 42.2 16.7 20.3 49.7 783.2 71.2 19.2 19.9 18.5 15.6 31.4 -0.6 34.7 46.0 56.8 40.0 2.7 25.1 -1,644.1 86.7 69.9 43.5 89.3 68.1 64.9 -8,201.9 16.2 8.9 17.3 2.2 0.2 77.5 -1,498.2 21.3 22.1 21.1 22.8 19.7 0.0 -872.4 121 PART 5. Comparative Cross-Country Tables Part B Country Malawi 23.2 17.3 24.9 10.4 56.6 38.4 14.4 Mali 53.3 21.8 19.7 12.9 28.5 39.3 20.0 Mauritania 25.1 69.2 14.2 16.4 -0.2 73.8 83.2 Mauritius 1,086.1 395.8 384.2 330.6 3,432.9 431.4 380.0 Morocco 245.8 181.2 301.6 123.9 773.4 152.0 175.9 30.9 16.8 13.2 22.9 -22.7 33.9 14.3 322.9 401.5 391.4 283.4 602.3 203.8 243.1 Niger 45.1 16.5 44.0 19.3 2.0 27.7 8.1 Nigeria 30.2 106.5 1.2 44.4 -1.6 76.8 49.9 Rwanda 23.8 20.9 52.0 19.2 -38.8 51.1 10.6 São Tomé & Príncipe 52.8 86.8 52.5 34.1 -47.8 124.4 74.2 Senegal 32.4 42.5 20.2 34.5 102.7 73.4 29.4 412.9 709.6 51.4 169.6 0.0 439.1 889.9 Sierra Leone 55.0 38.7 18.7 27.1 0.0 45.7 13.1 South Africa 447.4 276.2 203.6 408.1 223.2 294.3 305.7 77.9 37.1 89.3 28.0 -24.5 91.1 9.2 Swaziland 315.0 128.4 47.0 37.4 819.0 223.8 90.0 Tanzania 13.4 19.6 0.2 9.9 0.0 39.8 11.2 Togo 14.6 55.1 114.7 69.2 92.1 44.8 22.0 Tunisia 274.1 317.6 861.0 211.0 555.4 250.2 377.4 Uganda 102.5 75.6 52.5 27.9 0.0 50.2 44.4 Zambia 15.3 32.6 6.9 48.9 0.0 67.5 30.2 Zimbabwe 35.4 41.9 8.9 34.3 -21.6 49.2 38.1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 Namibia Seychelles Sudan AFRICA 122 Misc, Goods & Services Net Purchases abroad Individual Consumption by Government Education Mozambique Restaurants & Hotels Individual Consumption Expenditures By Households Recreation & Culture PART 5. Comparative Cross-Country Tables Collective Consumption by Government Gross Fixed Capital Formation Machinery & Equipment Construction Other Products Changes in Inventories & Valuables Balance of Imports & Exports 13.8 18.5 32.1 6.8 23.6 -72.0 -1,084.8 46.0 35.4 37.6 32.9 35.4 30.3 -146.0 121.0 174.4 199.9 136.8 317.8 -1,711.6 -1,131.0 357.9 514.2 389.5 594.8 525.2 733.5 -13,425.0 144.5 305.3 257.7 345.1 287.7 759.5 -4,859.2 10.3 19.5 18.7 21.0 1.4 50.2 -822.5 280.8 285.6 234.4 330.4 195.5 -265.7 -4,572.7 18.0 34.6 44.6 28.3 21.2 1.3 -1,315.4 68.9 36.9 49.0 25.6 46.7 0.4 3,030.8 16.8 28.3 16.4 36.2 30.5 0.0 -1,213.2 91.4 78.2 120.2 33.7 100.4 9.5 -7,902.2 51.5 61.1 59.4 64.8 12.5 75.0 -2,430.4 1,698.9 824.1 946.0 715.3 860.7 2,902.9 -30,527.8 29.2 59.2 86.6 37.0 12.5 10.4 -2,347.3 308.3 337.2 431.4 261.3 367.7 172.5 -592.8 72.8 113.8 119.6 118.4 0.1 199.5 -269.9 105.1 88.8 67.4 92.4 227.6 0.0 -3,558.7 40.6 70.2 48.8 99.4 22.4 19.3 -1,193.1 27.2 24.4 17.0 30.0 22.9 50.0 -1,161.1 267.2 306.1 171.0 460.3 175.2 361.6 -3,892.2 6.2 46.9 20.9 79.2 29.4 10.2 -1,100.7 97.6 91.8 59.6 119.0 79.7 106.7 1,118.1 30.3 16.5 14.5 18.9 1.1 152.2 -1,669.4 100.0 100.0 100.0 100.0 100.0 100.0 100.0 123 Glossary Glossary* Accounting period. The period to which the estimates of Gross Domestic Product (GDP) refer. Usually a calendar year or a quarter. For international price and volume comparisons of GDP, the accounting period is generally a calendar year. Actual Individual Consumption. The total value of the individual consumption expenditures of households, NPISHs and general government. It is a measure of the goods and services that households actually consume, as opposed to what they purchase. Additivity. The values of the national accounts aggregates of economies participating in a comparison are equal to the sum of the values of their components when both aggregates and components are valued at current national price levels. Additivity requires this identity to be preserved when the values of the aggregates and their components are valued at a uniform price level. An aggregation method is additive if, for each economy being compared, it provides real values for aggregates that are equal to sum of the real values of their constituent basic headings. An additive aggregation method provides volumes that satisfy the average test for volumes, but are subject to the Gerschenkron effect. Aggregate. A set of transactions relating to a specified flow of goods and services in a given accounting period, such as the total purchases of consumer goods and services made by resident households or the total expenditure on * List of terminology used in this Report. Use of italic refers the reader to a separate Glossary entry. 124 collective services by government or the total value of Gross Fixed Capital Formation. Aggregation. The procedure of computing Purchasing Power Parities (PPPs) above the basic heading level. The process of weighting and averaging basic heading PPPs to obtain PPPs for each level of aggregation up to GDP. Analytical categories. GDP, the main aggregates, the expenditure categories, the expenditure groups, and expenditure classes for which the results of a comparison are published. Average test for volumes. A test that requires the volume index for an aggregate to lie between the smallest and the largest of its component volume indices. Base-country invariance. The property whereby the relativities between the PPPs, the Price Level Indices (PLIs) and the volume indices of economies are not affected by either the choice of national currency as numéraire or the choice of reference economy. Basic heading. The lowest aggregation level in the expenditure classification. In theory, a basic heading is defined as a group of similar well-defined goods or services. In practice, it is defined by the lowest level of final expenditure for which explicit expenditure weights can be estimated. Thus, an actual basic heading can cover a broader range of products than is theoretically desirable, as well as including both goods and services. It is at the level of the basic heading that expenditures are defined and estimated, products are selected for pricing, prices are collected and validated, and PPPs are first calculated and averaged. Glossary Basic price. The amount received by the producer from the purchaser for a unit of good or service produced as output. It includes subsidies on products and other taxes on production. It excludes taxes on products, other subsidies on production, supplier’s retail and wholesale margins, and separately invoiced transport and insurance charges. Basic prices are the prices most relevant for decision- making by suppliers (producers). Bias. A systematic error in a PPP or volume index. Bias can arise for a number of reasons including failure to respect either importance, comparability or consistency, the price collection and measurement procedures followed, and the calculation and aggregation formula employed. Bilateral or binary comparison. A price or volume comparison between two economies that draws upon data only for those two economies. Bilateral or binary PPP. A PPP between two economies calculated using only the prices and weights for those two economies. Bridge country. An economy that provides the link or bridge between two or more separate comparisons involving different groups of economies. The bridge country participates in all comparisons and by doing so enables the economies in one comparison to be compared with the economies in the other comparisons and vice versa. CAR (Country Approach with Redistribution) procedure. A means of obtaining for a specified aggregate global volumes and PPPs for economies within each region that retain the relativities established between the economies in the regional comparison. In other words, each region’s results for the aggregate remain fixed when linked with the results of other regions. The procedure is as follows. The global basic heading PPPs for all economies in the comparison are aggregated to the level of the aggregate. The global PPPs for the aggregate are used to calculate global real expenditures for each economy with which the total global real expenditure on the aggregate for each region can be determined. The total global real expenditure of each region is redistributed across the economies in the region, in line with the distribution of the real expenditures in the regional comparison. Global PPPs for economies are calculated indirectly with the redistributed global real expenditure. Change in inventories. The acquisition, less disposals, of stocks of raw materials, semi- finished goods and finished goods that are held by producer units prior to their being further processed or sold or otherwise used. Semi-finished goods cover work-in-progress (partially completed products whose production process will be continued by the same producer in a subsequent accounting period) including the natural growth of agricultural crops prior to harvest and the natural growth in livestock raised for slaughter. Inventories also cover all raw materials and goods stored by government as strategic reserves. Change in valuables. The acquisition, less disposals, of valuables (produced assets, such as non-monetary gold, precious stones, antiques, paintings, sculptures and other art objects, that are not used primarily for production or consumption, that are expected to appreciate or at least not decline in real value, that do not deteriorate over time in normal conditions, and that are acquired and held primarily as stores of value). 125 Glossary Characteristics. The physical and economic attributes of a product that serve to identify it and enable it to be located under some heading of a product classification. The technical parameters and price-determining properties of a product listed in a product specification. C.i.f. (cost, insurance and freight) value. The price of a good delivered at the customs frontier of the importing economy or the price of a service delivered to a resident. It includes any insurance and freight charges incurred to that point. It excludes any import duties or other taxes on imports and trade and transport margins within the importing economy. COFOG (Classification Of the Functions of Government). Classifies transactions by general government – including outlays on final consumption expenditure, intermediate consumption, Gross Fixed Capital Formation and capital and current transfers – to be classified by function or purpose. A major use of COFOG is to identify which final consumption expenditures of general government benefit households individually and which benefit households collectively. COICOP (Classification of Individual Consumption according to Purpose). Classifies the individual consumption expenditures of three institutional sectors – households, NPISHs, and general government – by the ends that they wish to achieve through these expenditures. Individual consumption expenditures are those which are made for the benefit of individual households. All final consumption expenditures by households and NPISHs are defined as individual, but only the final consumption expenditures by general government on individual services are treated as individual. 126 Collective consumption expenditure by government. See government final collective consumption expenditure. Collective services. Services provided by general government that benefit the community as a whole: general public services, defense, public order and safety, economic affairs, environment protection, and housing and community amenities. They also include the overall policy-making, planning, budgetary and coordinating responsibilities of government ministries overseeing individual services and government research and development for individual services. These activities cannot be identified with specific individual households and are considered to benefit households collectively. Comparability. The requirement that economies price products that are identical or, if not identical, equivalent. Products are said to be comparable if they have identical or equivalent technical parameters and price-determining properties. Equivalent means that they meet the same needs with equal efficiency so that purchasers are indifferent between them and are not prepared to pay more for one than for the other. The pricing of comparable products ensures that the differences in prices between economies for a product reflect actual price differences and are not affected by differences in quality. If differences in quality are not avoided or corrected, they can be mistaken for apparent price differences leading to an under estimation or overestimation in price levels and in volume levels. Comparison resistant. A term first used to describe non-market services, which are difficult to compare across economies because of the following factors: they have no economically significant prices with which to value outputs, Glossary their units of output cannot be otherwise defined and measured, the institutional arrangements for their provision and the conditions of payment differ from economy to economy, and their quality varies between economies but the differences cannot be identified and quantified. Increasingly, the term is being used to describe construction and market services such as telecommunications, whose complexity, variation and economy specificity make it difficult for them to be priced comparably across economies. Compensation of employees. All payments in cash and in kind made by employers to employees in return for work done by them during the accounting period. These payments comprise: gross wages and salaries in cash and in kind, employers’ actual social contributions, and imputed social contributions. Component. A subset of goods and/or services that make up some defined aggregate. Consistency. The requirement that the prices collected by economies are consistent with the prices underlying their estimates of GDP and its component expenditures. In most cases, this means that they should be national annual purchasers’ prices for actual market transactions. As the basis of a comparison is the identity expenditure = price x volume and volumes are obtained by dividing expenditures by prices, using prices that do not correspond to those used to derive the expenditures will result in the volumes being either underestimated or overestimated. Consumption of fixed capital. The reduction in the value of the fixed assets used in production during the accounting period resulting from physical deterioration, normal obsolescence, or normal accidental damage. CPD (Country-Product-Dummy) method. The multilateral method used by the ICP to obtain transitive PPPs at the basic heading level through regression analysis. It treats the calculation of PPPs as a matter of statistical inference, an estimation problem rather than an index number problem. The underlying hypothesis is that, apart from random disturbance, the PPPs for individual products within a basic heading are all constant between any given pair of economies. In other words, it is assumed that the pattern of relative prices of the different products within a given basic heading is the same in all economies. It is also assumed that each economy has its own overall price level for the basic heading and it is that which fixes the levels of absolute prices of the products in the basic heading for the economy. By treating the prices observed in the economies for the basic heading as random samples, the PPPs between each pair of economies and the common pattern of relative prices can be estimated using classical least square methods. The method allows sampling errors to be estimated for the PPPs. (See also Weighted CPD method.) CPI (Consumer Price Index). A monthly or quarterly price index compiled and published by an official statistical agency that measures the changes in the prices of consumption goods and services acquired or used by households. Its exact definition may vary from economy to economy. CPRD (Country-Product-Representativity- Dummy) method. A variant of the CPD method, which has an additional dummy variable to denote whether or not the product has importance. The assumption is that the ratio of price levels for important and less important products is the same for all products within a basic heading. In theory, the ratio should be less 127 Glossary than 1 because less important products are expected to be more expensive than important products. Core product. A product that appears on the product lists of two or more separate groups of economies for the purpose of combining the groups in a single multilateral comparison. The use of core products is an alternative to linking groups of economies through bridge countries. Deflation. The division of the current value of an aggregate by a price index – the deflator – in order to value its volumes at the prices of the price reference period. Dikhanov editing procedure. The iterative inter-country validation procedure developed by Yuri Dikhanov to edit the average survey prices reported by economies. It can be seen either as an alternative or as a complement to the Quaranta editing procedure. Both procedures provide similar measures of price variation for products and economies employing either basic heading PPPs for editing basic headings individually or PPPs for an aggregate for editing across the basic headings constituting the aggregate. In practice, the Quaranta procedure is employed to edit prices within basic headings and the Dikhanov procedure is used to edit prices within aggregates. The Dikhanov procedure is specific to the CPDbased methods of calculating PPPs, whereas the Quaranta table has a broader application that includes GEKS-based methods as well as the CPD-based methods. Dikhanov table. The inter-country validation table generated by the Dikhanov editing procedure. Direct price comparison. See price approach. 128 Direct volume comparison. See quantity approach. Economically significant price. A price that has a significant influence on the amounts producers are willing to supply and on the amounts purchasers wish to buy. This is the basic price for producers and the purchasers’ price for purchasers. Economic territory. The geographical territory of an economy plus any territorial enclaves in the rest of the world. By convention, it includes embassies, military bases, and ships and aircraft abroad. The economic territory does not include extra-territorial enclaves – that is, the parts of the economy’s own geographical territory used by general government agencies of other economies or by international organizations under international treaties or agreements between states. Editing. The first step of validation: scrutinizing data reported for errors. The process of checking survey prices for non-sampling errors by identifying those prices that have extreme values – that is, prices whose value is determined to be either too high or too low vis-à-vis the average according to given criteria. The price may score a value for a given test that exceeds a pre-determined critical value; or its value may fall outside some pre-specified range of acceptable values. Both are standard ways of detecting errors in survey data and both are employed by the ICP. Prices with extreme values are not necessarily wrong. But the fact that their values are considered extreme suggests that they could be wrong. They are possible errors and, as such, they need to be investigated to establish whether or not they are actual errors. EKS – Èltetö-Köves-Szulc. A multilateral method that commutes the nth root of the Glossary product of all possible Fisher indexes between n countries. It is used at the detailed heading level to obtain heading parities, and also at the GDP level. EKS has the properties of base-country invariance and transitivity. Employers’ actual social contributions. Payments actually made by employers to social security funds, insurance enterprises or autonomous pension funds for the benefit of their employees. Error. See bias; price error; product error. Exhaustiveness. The extent to which an economy’s estimate of GDP covers all economic activity in its economic territory. Expenditure weights. The shares of expenditure components (basic headings) in currentprice GDP. Final consumption expenditure. The expenditure on goods and services consumed by individual households or the community to satisfy their individual or collective needs or wants. Final expenditure. Comprises final consumption expenditure and Gross Capital Formation. Fisher type PPP. The PPP for a basic heading or an aggregate between two economies that is defined as the geometric mean of the Laspeyres type PPP and the Paasche type PPP for the basic heading or the aggregate. Their formulation depends on whether they are being used to calculate basic heading PPPs or to aggregate basic heading PPPs. FISIM (Financial Intermediation Services Indirectly Measured). An indirect measure of the value of the financial intermediation services that financial institutions provide clients, but for which they do not charge explicitly. Fixity. The convention whereby the relativities between a group of economies that were established in a comparison covering just that group of economies remain unchanged, or fixed, when the economies of the group are included in comparisons with a wider group of economies. For example, the price and volume relativities of the ICP regions and Eurostat-OECD remain unchanged in the global comparison. If fixity were not observed, there would be two sets or relativities for participating economies which would not necessarily be in agreement as the relativities and ranking of economies can change as the composition of the group of economies being compared changes. Fixity ensures that participating economies have only one set of results to explain to users. F.o.b. (free on board) value. The price of a good delivered at the customs frontier of the exporting economy. It includes the freight and insurance charges incurred to that point and any export duties or other taxes on exports levied by the exporting economy. GDP (Gross Domestic Product). Expenditure-based GDP is defined as the total value of the final consumption expenditures of households, NPISHs and general government plus Gross Capital Formation plus the balance of exports and imports. GEKS (Gini-Èltetö-Köves-Szulc) method. Originally called the EKS (Èltetö-Köves-Szulc) method after the three individuals who independently advocated its use in the mid-1960s. The formula, however, was actually proposed by Gini some thirty years earlier in a paper on circularity and this is recognized in recent 129 Glossary literature by calling the EKS method the GEKS method. The GEKS is a method to calculate PPPs for basic headings and/or to aggregate basic heading PPPs to obtain PPPs for each level of aggregation up to and including GDP. Strictly speaking, the GEKS is a procedure whereby any set of intransitive binary index numbers are made transitive and multilateral while respecting characteristicity (the property that the resulting multilateral indices differ as little as possible from the original binary indices). The procedure is independent of the method used to calculate the intransitive binary indices. But as used in current literature, GEKS covers both the way the intransitive binary PPPs are calculated and the procedure to make them transitive and multilateral. (See also transitivity and multilateral comparison). whether they are being used to calculate basic heading PPPs or to aggregate basic heading PPPs. Note that there are two versions of the GEKS at the basic heading level: one that takes account of the importance of the products priced and one that does not. The version that takes the importance of products into consideration is referred to as GEKS in the literature. General government or government. The institutional sector that consists of federal, central, regional, state, and local government units together with social security funds imposed and controlled by those units. It includes non-profit institutions engaged in non-market production that are controlled and mainly financed by government units or social security funds. The intransitive binary PPPs for a basic heading or an aggregate are obtained by calculating first a matrix of Laspeyres type PPPs, then a matrix of Paasche type PPPs and finally, by taking the geometric mean of the two, a matrix of Fisher type PPPs. The Fisher type PPPs are made transitive and multilateral by applying the GEKS procedure, which involves replacing the Fisher type PPP between each pair of economies by the geometric mean of itself squared and all the corresponding indirect Fisher type PPPs between the pair obtained using the other economies as bridges. The resulting GEKS PPPs provide real expenditures that are not subject to the Gerschenkron effect but nor are they additive. GEKS results are considered to be better suited to comparisons across economies of the price and volume levels of individual basic headings or aggregates. Gerschenkron effect. Applicable only to aggregation methods that use either a reference price structure, whereby each economy’s quantities are valued by a uniform set of prices to obtain volumes, or a reference volume structure, whereby each economy’s prices are used to value a uniform set of quantities to obtain PPPs. For methods employing a reference price structure, an economy’s share of total GDP – that is, the total for the group of economies being compared – will rise as the reference price structure becomes less characteristic of its own price structure. For methods employing a reference volume structure, an economy’s share of total GDP will fall as the reference volume structure becomes less characteristic of its own volume structure. The Gerschenkron effect arises because of the negative correlation between prices and volumes. See also Laspeyres type PPP and Paasche type PPP because their formulation depends on GK (Geary-Khamis) method. An average price aggregation method to compute PPPs and 130 Glossary real expenditures above the basic heading. It entails valuing a matrix of quantities using a vector of international prices. The vector is obtained by averaging national prices across participating economies after they have been converted to a common currency with PPPs and weighted by economy quantity shares. The economy PPPs are obtained by averaging the ratios of national and international prices weighted by economy expenditure shares. The international prices and the PPPs are defined by a system of interrelated linear equations that require solving simultaneously. The GK method produces PPPs that are transitive and real expenditures that are additive (see also transitivity and additivity). It has a number of disadvantages. One is that a change in the composition of the group can change significantly the international prices as well as the relationships between economies. Another is that the real expenditures are subject to the Gerschenkron effect, which can be large. GK results are considered to be better suited to the analysis of price and volume structures across economies. Goods. Physical objects for which a demand exists, over which ownership rights can be established and whose ownership can be transferred from one institutional unit to another by engaging in transactions on the market. They are in demand because they may be used to satisfy the needs or wants of households or the community, or used to produce other goods or services. Global core products. Products priced for the specific purpose of providing links or overlaps between regional comparisons at the basic heading level in order to combine them in a single world comparison. For ICP 2011, lists of global core products were compiled for consumer goods and services, government services, and capital goods by the Global Office in consultation with regions, participating economies, and subject matter experts. Regions selected products from the global core product lists and added them to their regional product lists in line with product availability and importance in their region. The global core products priced by regions were included in the regional comparisons as well as the world comparison. Gross capital formation. The total value of Gross Fixed Capital Formation, changes in inventories, and acquisitions less disposals of valuables. Government final consumption expenditure. The actual and imputed final consumption expenditure incurred by general government on individual goods and services and collective services. The total value of individual consumption expenditure and collective consumption expenditure by general government. Gross Fixed Capital Formation (GFCF). The total value of acquisitions less disposals of fixed assets by resident institutional units during the accounting period plus the additions to the value of non-produced assets realized by the productive activity of resident institutional units. Gross operating surplus. The surplus or deficit accruing from production before taking any account of: (a) consumption of fixed capital; (b) any interest, rent, or similar charges payable on financial or tangible non-produced assets borrowed or rented by the enterprise; or (c) any interest, rent, or similar charges receivable on financial or tangible non-produced assets owned by the enterprise. Gross wages and salaries. The wages and salaries in cash and in kind paid by enterprises to 131 Glossary employees before the deduction of taxes and social contributions payable by employees. Household. A small group of persons who share the same living accommodation, who pool some, or all, of their income and wealth and who consume certain types of goods and services collectively, mainly food and housing. A household may consist of only one person. Iklé method. An average price aggregation method similar to the GK method. It was used in the 2005 ICP regional comparison for Africa. Like the GK method, it derives a vector of international prices by averaging national prices across participating economies after the prices have been converted to a common currency with PPPs and weighted. The GK method uses quantity shares as weights. The Iklé method uses expenditure shares as weights. In addition, GK international prices are arithmetic means while Iklé international prices are harmonic means. The Iklé method is designed to prevent prices in economies with large expenditures dominating the average prices. Because the sum of expenditure shares in each economy is equal to one, the Iklé method can be regarded as being equi-representative of all economies. The Iklé method produces PPPs that are transitive and real expenditures that are additive. Compared to the GK method, the Iklé method minimizes the Gerschenkron effect. Importance. A concept that is defined in terms of a specific economy within a basic heading. A product is either important or less important in the economy for the given basic heading. An important product is one that accounts for a significant share of the expenditure on the basic heading in the economy in question. Formerly, important products were referred to as “representative products.” 132 Imputed expenditure. Some transactions which it is desirable to include in GDP do not take place in monetary terms and so cannot be measured directly. Expenditures on these non-monetary transactions are obtained by imputing a value to them. The values to be imputed are defined by national accounting conventions. These vary from case to case and are described in the SNA. Imputed rent. Owner-occupiers use the dwelling they own and occupy to produce housing services for themselves. They are in effect renting the dwelling to themselves and the value of the rent needs to be imputed. The imputed rent should be valued at the estimated rent that a tenant pays for a dwelling of the same size and quality in a comparable location with similar neighborhood amenities. When markets for rented accommodation are virtually non-existent or unrepresentative, the value of the imputed rent has to be derived by some other objective procedure, such as the user-cost method. Imputed social contributions. The imputations that need to be made when employers provide social benefits themselves directly to their employees, former employees, or dependants out of their own resources without involving an insurance enterprise or autonomous pension fund, and without creating a special fund or segregated reserve for the purpose. Indirect binary comparison. A price or volume comparison between two economies made through a third economy. For example, in the case of economies A, B, and C, the PPP between A and C is obtained by dividing the PPP between A and B by the PPP between C and B as follows: PPPA/C = PPPA/B / PPPC/B. Glossary Individual consumption expenditure by government. The actual and imputed final consumption expenditure incurred by general government on individual goods and services. Individual consumption expenditure by households. The actual and imputed final consumption expenditure incurred by households on individual goods and services. By definition, all final consumption expenditures of households are for the benefit of individual households and are individual. Individual consumption expenditure by NPISHs. The actual and imputed final consumption expenditure incurred by NPISHs on individual goods and services. As most final consumption expenditures of NPISHs are individual, all final consumption expenditures of NPISHs are treated by convention as individual. Individual good or service. A consumption good or service acquired by a household and used to satisfy the needs and wants of members of that household. Individual services. A term used to describe the services (and goods) provided to individual households by NPISHs and general government. Such services include housing, health, recreation and culture, education and social protection. They do not include the overall policy-making, planning, budgetary and coordinating responsibilities of government ministries overseeing individual services. Nor do they include government research and development for individual services. These activities cannot be identified with specific individual households and are considered to benefit households collectively. They are classified under collective services. Input price approach. The approach used to obtain PPPs for non-market services. Because there are no economically significant prices with which to value the outputs of these services, national accountants follow the convention of estimating the expenditures on non-market services by summing the costs of the inputs required to produce them. PPPs for non-market services are calculated with input prices, as these are the prices that are consistent with the prices underlying the estimated expenditures. In practice, prices are only collected for labor, which is by far the largest and most important input. Institutional sector. The System of National Accounts (SNA) identifies five institutional sectors: non-financial corporations, financial corporations, general government, households, and NPISHs. Inter-country validation. The validation that takes place after participating economies have completed their intra-country validation and submitted their survey prices to the regional coordinator. It is an iterative process consisting of several rounds of questions and answers between the regional coordinator and participating economies. It involves editing and verifying the average survey prices reported by participating economies for a basic heading and assessing the reliability of the PPPs they produce for the basic heading. The objective is to establish that the average survey prices are for comparable products, that the products have been accurately priced, and that the allocation of importance indicators is correct. In other words, to ascertain whether economies have interpreted the product specifications in the same way and whether their price collectors have priced them without error. The Quaranta and Dikhanov editing methods are employed for this purpose. Both procedures 133 Glossary entail detecting outliers among the average survey prices by identifying outliers among the corresponding price ratios. Economies verify the identified outliers to ascertain whether or the not they are valid observations. If they are not, the economy either corrects or suppresses them. Intermediate consumption. The value of the goods and services, other than fixed assets, that are used or consumed as inputs by a process of production. International prices. A term used in association with additive aggregation methods. In the course of expressing the expenditures in a common currency and at a uniform price level, additive aggregation methods value the expenditures at international prices, where an international price is defined as the average of the national prices prevailing in participating economies. The average may be weighted or unweighted, PPP adjusted or unadjusted. It may be an average of prices or an average of price structures. In the GK method, for example, the average is defined as a quantity- weighted arithmetic average of the national prices adjusted by the global PPPs across all economies. Theoretically, prices for products should be used to calculate the international prices, but in practice notional prices for basic headings are used instead. Intra-country validation. The validation that precedes inter-country validation. It is undertaken by participating economies prior to submitting their survey prices to the regional coordinator. Each economy undertakes the editing and verification of its own prices without reference to the price data of other economies. Validation is carried out at the product level. The objective is to establish that price collectors within the economy have priced items 134 that match the product specifications and that the prices they have reported are accurate. This entails the economy searching for outliers – first among the individual prices that have been collected for each product it has chosen to survey, and then among the average prices for these products. Subsequently, the economy verifies the identified outliers to ascertain whether or the not they are valid observations. If they are not, the economy either corrects or suppresses them. Item. A good or service defined by an item specification and included on an item list. Economies select the items they price from among the items included on the item list. Laspeyres type PPP. A PPP for a basic heading or an aggregate between two economies, economy B and economy A, where the reference economy is economy A and the weights are those of economy A. At the basic heading level, the PPP is defined as a quasi-weighted geometric average of the price relatives between economy B and economy A for the important products of economy A. At an aggregate level, the PPP is defined as the weighted arithmetic average of the PPPs between economy B and economy A for the basic headings covered by the aggregate with the expenditure shares of economy A being used as weights. Market price. The amount of money a willing buyer pays to acquire a good or service from a willing seller. The actual price for a transaction agreed on by the transactors. The net price inclusive of all discounts, surcharges and rebates applied to the transaction. Also referred to as transaction price. Material well-being. The volume of goods and services that households consume to satisfy their individual needs. Glossary MORES (Model Report on Expenditure Statistics). A set of worksheets designed to help economies participating in a comparison break down their expenditure on GDP for the reference year to the basic heading level and, at the same time, document how each basic heading expenditure was estimated. Multilateral comparison. A price or volume comparison of more than two economies simultaneously that is made with price and expenditure data from all economies covered and which produces consistent relations among all pairs of participating economies – that is, one that satisfies the transitivity requirement. National annual price. A price that has been averaged over all localities of an economy so as to take account of regional variations in prices and over the whole of the reference year to allow for seasonal variations in prices as well as general inflation and changes in price structures. Net taxes on production. Taxes less subsidies on production. Nominal expenditures or nominal values. GDP expenditures that are valued at national price levels. They can be expressed in national currencies or in a common currency to which they have been converted with exchange rates. They reflect both volume and price differences between economies. Non-market service. A service that is provided to households free or at a price that is not economically significant by NPISHs and/or by general government. Non-observed economy. Activities that are hidden either because they are illegal, or because they are legal but carried out clandestinely, or because they are undertaken by households for their own use. Also includes activities that are missed because of deficiencies in the statistical system. Such deficiencies include out-of-date survey registers, surveys having too-high reporting thresholds or high rates of non-response, poor survey editing procedures, no surveying of informal activities such as street trading, etc. NPISHs (Non-Profit Institutions Serving Households). Non-profit institutions that are not predominantly financed and controlled by government, whose main resources are voluntary contributions by households and which provide goods or services to households free or at prices that are not economically significant. Numéraire currency. The currency unit selected to be the common currency in which PPPs and real and nominal expenditures are expressed. Observation. An individual price, or one of a number of individual prices, collected for an item at an outlet. Outlet. A shop, market, service establishment, internet site, mail order service or other place from where goods and/or services can be purchased and from where the purchasers’ or list prices of the products sold can be obtained. Outlier. A term that is generally used to describe any extreme value in a set of survey data. Can also mean an extreme value that has been verified as being correct. Paasche-Laspeyres spread. The ratio of the Paasche type index to the Laspeyres type index in a binary comparison. Usually the Paasche index is lower than the Laspeyres index. In other 135 Glossary words, the Paasche – Laspeyres spread should be less than one. Paasche type PPP. A PPP for a basic heading or an aggregate between two economies, economy B and economy A, where the reference economy is economy A and the weights are those of economy B. At the basic heading level, the PPP is defined as a quasi-weighted geometric average of the price relatives between economy B and economy A for the important products of economy B. At an aggregate level, the PPP is defined as the weighted harmonic average of the PPPs between economy B and economy A for the basic headings covered by the aggregate with the expenditure shares of economy B being used as weights. Penn effect. The overstatement of the economic size of high-income economies and the understatement of the economic size of low-income economies that results when exchange rate-converted GDPs are used to establish the relative sizes of economies. The Penn effect arises because price levels are usually higher in high-income economies than they are in low-income economies and exchange rates do not take account of price level differences between economies when used to convert their GDPs into a common currency. PLI (Price Level Index). PLIs are the ratios of PPPs to exchange rates. They provide a measure of the differences in price levels between economies by indicating for a given aggregation level or analytical category the number of units of the common currency needed to buy the same volume of the aggregation level or analytical category in each economy. At the level of GDP, they provide a measure of the differences in the general price levels of economies. 136 PPPs (Purchasing Power Parities). A price relative that majors the number of units of a country B’s currency that are needed in country B to purchase the same quantity of an individual good or service as one unit of country A’s currency will purchase in country A. PPPs are calculated in three stages: first for individual products, then for groups of products or basic headings and, finally, for groups of basic headings or aggregates. PPPs for individual products are ratios of national prices in national currencies for the same good or service. The PPPs for basic headings are unweighted averages of the PPPs for individual products. The PPPs for aggregates are weighted averages of the PPPs for basic headings. The weights that are used are the expenditures on the basic headings. At all stages, PPPs are price relatives. They show how many units of currency A need to be spent in economy A to obtain the same volume of a product or a basic heading or an aggregate that X units of currency B purchases in economy B. In the case of a single product, the same volume means identical volume. But in the case of the complex assortment of goods and services that make up an aggregate such as GDP, the same volume does not mean an identical basket of goods and services. The composition of the basket will vary between economies according to their economic, social, and cultural differences, but each basket will provide equivalent satisfaction or utility. Price approach. The approach whereby the price comparison between two or more economies is made by comparing the prices for a representative sample of comparable products. PPPs are generally derived using the price approach. Also referred to as a direct price comparison. Glossary Price error. A price error occurs when price collectors price products that match the product specification but record the price incorrectly or they record the price correctly and error is introduced afterwards in the process of reporting and transmitting the price. Price error can also arise because the quantity priced is recorded wrongly (or error is introduced later during processing). Hence, when the price collected is standardized and adjusted to a reference quantity, it will not be correct. Price measures. PPPs and the price level indices (PLIs) to which they give rise. Price relative. The ratio of the price of an individual product in one economy to the price of the same product in some other economy. It shows how many units of currency A need to be spent in economy A to obtain the same quantity and quality – that is, the same volume – of the product that X units of currency B purchase in economy B. Product. A good or service that is the result of production. Products are exchanged and used for various purposes: as inputs in the production of other goods and services, as final consumption or for investment. Product error. A product error occurs when price collectors price products that do not match the product specification and neglect to report having done so. This can be because they are not aware of the mismatch, such as when the product specification is too loose, or because they price a substitute product, as required by the pricing guidelines, but do not mention this on the price reporting form. Product list. The common list of well-defined goods and services from which economies participating in a comparison make a selection of products to price for the purpose of compiling PPPs. Product specification. A description or list of the physical and economic characteristics that can be used to identify a product selected for pricing. Its purpose is to ensure that economies price comparable items. A product specification can either be (a) brand and model specific – that is, a specification in which a particular brand and model, or (b) a cluster of comparable brands (and possibly models), or (c) generic – that is, a specification where only the relevant price determining and technical characteristics are given and no brand, or cluster of brands, is designated. Productivity adjustment. An adjustment made to the prices paid by non-market producers for labor, capital, and intermediate inputs so that they correspond to a common level of multi-factor productivity. In practice, an adjustment made to the prices (compensation of employees) paid by non-market producers for labor, so that they represent the same level of labor productivity. Purchaser’s price. The amount paid by the purchaser in order to take delivery of a unit of a good or service at the time and place required by the purchaser. It excludes any VAT (or similar deductible tax on products) which the purchaser can deduct from his own VAT liability in respect of VAT invoiced to his customers. It includes supplier’s retail and wholesale margins, separately invoiced transport and insurance charges, and any VAT (or similar deductible tax on products) which the purchaser cannot deduct from his own VAT liability. In the case of equipment goods, it will also include installation costs if applicable. Purchaser’s prices are the prices most relevant for decision-making by buyers. 137 Glossary Quality adjustment. An adjustment to the prices of a product whose characteristics are broadly similar but not the same in all economies pricing it. The aim of the adjustment is to remove from the price differences observed between economies that part of the difference that is due to the difference in the characteristics of the product priced. The adjustment is made so that the price differences between economies reflect only pure price differences. Quantity approach. The approach whereby a volume comparison between two or more economies is made by comparing the volumes of a representative sample of comparable products. Volume comparisons are not usually made directly, but indirectly by dividing the expenditure ratios between economies by their corresponding price ratios. Also referred to as a direct volume comparison. Quaranta editing procedure. The iterative inter-country validation procedure proposed by Vincenzo Quaranta, which is used to edit the average survey prices reported by economies for a basic heading. For each basic heading covered by a price survey, the procedure screens the average survey prices for possible errors and evaluates the reliability of the price ratios they provide. It does this by comparing the average survey prices for the same product across economies (the average survey prices having been expressed in the same currency unit for this purpose) and by analyzing the dispersion of the price ratios across economies and across products (the price ratios having been standardized for this purpose). It is thus both an editing tool and an analytical tool. As an editing tool, it identifies outliers among the average survey prices that need to be returned to participating economies for verification. As an analytical tool, it provides a range of variation coefficients – at the product, economy, and basic 138 heading levels – that can be used to assess the reliability of completed price surveys and assist the planning of future price surveys. Quaranta table. The inter-country validation table generated by the Quaranta editing procedure. Real expenditures or real values. GDP expenditures that have been converted to a common currency and valued at a uniform price level with PPPs. They reflect only volume differences between economies. Reference country. The economy, or group of economies, for which the value of the PPP is set at 1.00 and the value of the price level index and of the volume index is set at 100. Reference quantity. The quantity to which the prices collected for a product have to be rebased to ensure that they refer to the same quantity when being compared. Reference year. The calendar year to which the results of the comparison refer. Reference PPPs. PPPs that are used for basic headings for which no prices are collected. They are based on prices collected for other basic headings. Reference PPPs serve as proxies for the missing PPPs. Resident population. The average number of people present in the economic territory of an economy during the reference year. Seasonal products. Products for which both prices and the quantities sold vary significantly throughout the year. Typically, the patterns of variation are repeated from one year to the next. Seasonal products vary from economy to economy. Glossary Services. Outputs produced to order and which cannot be traded separately from their production. Ownership rights cannot be established over services and by the time their production is completed, they must have been provided to the consumers. An exception to this rule is a group of industries, generally classified as service industries, some of whose outputs have characteristics of goods. These industries are those concerned with the provision, storage, communication and dissemination of information, advice and entertainment in the broadest sense of those terms. The products of these industries, where ownership rights can be established, may be classified either as goods or services, depending on the medium by which these outputs are supplied. by identifying the parameters that need to be specified for different products, SPDs provide a framework within which economies can present their proposals for new products. SNA (System of National Accounts). A coherent, consistent, and integrated set of macro economic accounts, balance sheets and tables based on a set of internationally agreed concepts, definitions, classifications, and accounting rules. Symmetric index. An index that treats the two economies being compared symmetrically by giving equal importance to the price and expenditure data of both economies. The price and expenditure data for both economies enter into the index number formula in a balanced or symmetric way. Social transfers in kind. Individual goods and services provided as transfers in kind to individual households by government units (including social security funds) and NPISHs. The goods and services can be purchased on the market or produced as non-market output by government units or NPISHs. SPD (Structured Product Description). SPDs are designed to standardize the product specifications for different types of products so that all product specifications for a particular type of product are defined in the same way and specify the same parameters. Standardizing product specifications helps to improve their precision, making it easier for price collectors to determine whether or not a product in an outlet matches the product specified. Also, Subsidies on production. Subsidies on goods and services produced as outputs by resident enterprises that become payable as a result of the production of these goods or services – that is, subsidies payable per unit of good or service produced plus subsidies that resident enterprises may receive as a consequence of engaging in production – for example, subsidies to reduce pollution or to increase employment. The former are called “subsidies on products.” The latter are called “other subsidies on production.” Taxes on production. Taxes on the goods and services produced as outputs by resident enterprises that become payable as a result of the production of these goods or services – that is, taxes payable per unit of good or service produced such as excise duties and non-deductible VAT – plus taxes that resident enterprises may pay as a consequence of engaging in production – taxes such as payroll taxes and taxes on motor vehicles. The former are called “taxes on products.” The latter are called “other taxes on production.” Transitivity. The property whereby the direct PPP between any two economies yields the same result as an indirect comparison via any other economy. For example, in the case of the 139 Glossary three economies A, B, and C, the ratio of the PPP between A and B and the PPP between C and B is equal to the PPP between economies A and C as follows: PPPA/C = PPPA/B / PPPC/B. User-cost method. The method of estimating the value of imputed rentals by summing the relevant cost items: intermediate consumption (current maintenance and repairs, insurance), consumption of fixed capital, other taxes on production, and net operating surplus (nominal rate of return on the capital invested in the dwelling and land). Validation. See inter-country validation; intra-country validation; verification. VAT (value added tax). A tax on products collected in stages by enterprises. It is a wide-ranging tax usually designed to cover most or all goods and services. Producers are obliged to pay to government only the difference between the VAT on their sales and the VAT on their purchases for intermediate consumption or capital formation. VAT is not usually levied on exports. Verification. The second step of validation: investigating the possible errors detected during the editing of survey prices to establish whether or not they are actual errors and, if they are actual errors, correcting of suppressing them. In many cases, verification will require revisiting the outlets where the prices were collected 140 to see whether what was priced matches the product description and whether the correct price and quantity were recorded. Price observations that are found to be incorrect should be either eliminated or replaced by the correct observation. Volume index. A weighted average of the relative levels in the quantities of a specified set of goods and services between two economies. The quantities have to be homogeneous while the relative levels for the different goods and services must be weighted by their economic importance, as measured by their values in one or other or both economies. Volume measures. Real expenditures and real expenditures per capita and the volume indices to which they give rise. Weighted CPD method. A variant of the CPD method in which products that are considered to be of greater importance receive a higher weight in the calculation than less important products. For example, important products could have the weight of 2 or 3 and less important products a weight of 1. The choice of weights is arbitrary as it is with the GEKS. However, the weights of 1 for an important product and 0 for a less important product used in the GEKS cannot be used in a weighted CDP because the assignment of 0 to prices of less important products will remove them from the calculation. Bibliography Bibliography AfDB (2009), Main Report on the Comparative Outputs, Incomes, and Price Levels in Africa Countries – Final Results of the 2005 Round of the International Comparison Program for African countries. Tunis: African Development Bank. AfDB (2012), A Comparison of Real Household Consumption Expenditures and Price Levels in Africa, Statistics Department, Tunis. Chinganya, O., Abdoulaye, A., and Kouakou, M. (2012), “Comparative analysis of cost of some selected infrastructure components across Africa from the 2005 results of the International Comparison Program for Africa (ICP-Africa),” African Statistical Journal, No. 14, May. Tunis: African Development Bank. 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Statistics Department Chief Economist Complex African Development Bank Immeuble du Centre de commerce international d’Abidjan Avenue Jean-Paul II 01 BP 1387 Abidjan 01 Abidjan, Côte d’Ivoire Tel: (225) 20 26 33 25 E-mail: [email protected] Website: www.afdb.org Copyright © 2014 African Development Bank ISBN: 978-9938-882-34-6