In 2024, Niger's real GDP is estimated to grow by 10.4 percent compared to the previous year. During 2023, the GDP is estimated to have increased by only 1.4 percent, nevertheless a positive trend. The country's real GDP is forecast to continue growing but at a slower pace. Between 2025 and 2029, it is expected to grow annually by roughly six percent. Furthermore, the GDPs of Senegal, Libya, and Rwanda might increase by around 8.3 percent, 7.8 percent, and 6.9 percent during 2024, respectively. Niger: A dependence on agriculture A large portion of Niger's economy comes from agriculture. In 2022, agriculture accounted for almost 40 percent of the GDP. Niger is not the only country in Africa where agriculture plays a crucial role. For example, agriculture made up nearly 60 percent of Sierra Leone’s GDP in 2022. Such dependence could mean that any disruptions in the agricultural products market could have significant effects on the country's GDP. Sub-Saharan Africa's economy will be among the fastest-growing regions worldwide Three African countries have significantly larger economies, namely, Nigeria, South Africa, and Egypt. As of 2022, these countries' GDP stood at nearly 477.4 billion, 475.2 billion, and 405.7 billion U.S. dollars. Furthermore, it is anticipated that Sub-Saharan Africa's GDP growth in 2026 will rank as the second-fastest growing economic region in the world after the ASEAN-5 countries, with a growth rate of approximately four percent. In contrast, economic areas such as the European Union are forecast to grow at only about 1.5 percent in the same year.

This dataset provides values for GDP ANNUAL GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The real gross domestic product (GDP) of Niger is estimated to have grown by **** percent in 2022, which is the highest estimated growth rate across all African countries. In comparison, Libya's economy is estimated to have contracted by *** percent.

Kenya's Gross Domestic Product (GDP) was estimated to grow by *** percent in 2021. The country has the largest economy in East Africa. Tanzania, which is the secondmain economy in the region, might expand by **** percent in the same year. In its turn, the economic growth in Ethiopia was estimated at *** percent.

This statistic shows the 20 countries with the highest growth of the gross domestic product (GDP) in 2024. In 2024, Guyana ranked 1st with an estimated GDP growth of approximately 43.57 percent compared to the previous year. GDP around the world Gross domestic product (GDP) is an indicator of the monetary value of all goods and services produced by a nation in a specific time period. GDP is a strong index of a country’s economic strength - the higher the GDP of a nation, the stronger that country’s economy. The countries in the world with the highest GDP or GDP per capita are mainly developed and emerging countries, with global gross domestic product amounting to nearly 75 trillion U.S. dollars. As of 2016, the United States is the nation in the world with the highest GDP with more than 18.56 trillion U.S. dollars, which makes up more than 15.7 percent of the global GDP. The countries with the lowest gross domestic product per capita in 2014 were mainly African nations. The country in the world with the lowest GDP per capita in 2016 was South Sudan, followed by Malawi, and Burundi. However, several economically struggling African and Asian countries such as Myanmar, Côte d'Ivoire, Bhutan, and India reported the highest growth of the gross domestic product in 2016. Also in the top 20 nations with the highest growth of the GDP is China. In 2016, the GDP in China was the second highest GDP in the world. It is estimated that by 2019 the GDP in China will grow by 6 percent. Based on this estimate, GDP in China will be at around 14.6 trillion U.S. dollars by 2019.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2024. The value amounted to 21,630 U.S. dollars. Mauritius followed with around 12,330 U.S. dollars, whereas Gabon registered 8,840 U.S. dollars. GDP per capita is calculated by dividing a country’s GDP by its population, meaning that some of the largest economies are not ranked within the leading ten. Impact of COVID-19 on North Africa’s GDP When looking at the GDP growth rate in Africa in 2024, Libya had the largest estimated growth in Northern Africa, a value of 7.8 percent compared to the previous year. Niger and Senegal were at the top of the list with rates of 10.4 percent and 8.3 percent, respectively. During the COVID-19 pandemic, the impact on the economy was severe. The growth of the North African real GDP was estimated at minus 1.1 percent in 2020. However, estimations for 2022 looked much brighter, as it was set that the region would see a GDP growth of six percent, compared to four percent in 2021.
Contribution of Tourism Various countries in Africa are dependent on tourism, contributing to the economy. In 2023, travel and tourism were estimated to contribute 182.6 billion U.S. dollars, a clear increase from 96.5 in 2020 following COVID-19. As of 2024, South Africa, Mauritius, and Egypt led tourism in the continent according to the Travel & Tourism Development Index.

Ethiopia export data: Discover the rising African powerhouse, leading in coffee, textile, and oilseed trade. Be part of its growth story!

As of 2023, the GDP of Africa was estimated at roughly 3.1 trillion U.S. dollars. This was the highest value since 2010 when the continent's GDP amounted to approximately 2.1 trillion U.S. dollars. The GDP value in Africa generally followed an upward trend in recent years and was estimated to exceed 4.2 trillion U.S. dollars by 2027.

Leading the charge: the three leading African economies

Among the African countries, in 2021, Nigeria had the highest GDP with approximately 442 billion U.S. dollars. South Africa and Egypt followed. These three countries have the largest economies for various reasons. The most notable factors are their population size, natural resources, and level of economic development. Furthermore, Africa was projected to have a real GDP growth rate of 3.9 percent in 2023. Libya was the economy experiencing the highest growth rate in that year.

The Sub-Saharan African economy on the rise

A global comparison showed that Sub-Saharan Africa had the smallest GDP among all world regions in 2021, amounting to 1.87 trillion U.S. dollars. A closer look revealed that Sub-Saharan Africa had a GDP per capita of 1,626.3 U.S. dollars in 2021, again the lowest worldwide. However, the region's economy was forecast to experience continued growth in the following years, with the real GDP increasing by 3.7 percent in 2023.

The burden of animal disease is widespread globally and is especially severe for developing countries dependent on livestock production. Ethiopia has the largest livestock population in Africa and the second-largest human population on the continent. Ethiopia is one of the fastest-growing economies in Africa; however, much of the population still lives in extreme poverty, and most households depend on agriculture. Animal disease negatively affects domestic livestock production and limits growth potential across the domestic agricultural supply chain. This research investigates the economic effects of livestock disease burden in Ethiopia by employing a computable general equilibrium model in tandem with animal health loss estimates from a compartmental livestock population model. Two scenarios for disease burden are simulated to understand the effects of improved animal health on domestic production, prices, trade, gross domestic product (GDP), and economic welfare in Ethiopia. Results show that improved animal health may increase Ethiopian GDP by up to 3.6%, which improves national welfare by approximately $US 2.5 billion. This research illustrates the economic effects of improved livestock health, which is critical for Ethiopian households and the national economy.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

South Africa's GDP amounted to just over 418 billion U.S. dollars in 2025, the highest in Southern Africa. Zimbabwe ranked second, with a GDP worth around 37 billion U.S. dollars. Lesotho, on the other hand, ranked the lowest with a GDP of over 2.4 billion U.S. dollars.

Africa is home to fast growing economies with a young, growing population and rapid rates of urbanization along with very low rates of motorization. By 2035, the continent is expected to have the largest labour force potential in the world. The automotive and logistics sector holds a key position due to its sustainable value creation in supplier networks, assembly plants, distribution structures and pan-African trade relations and offers great potential for innovation, growth and jobs. The digital economy and sustainable mobility have particularly high development potential. Thus, the automotive sector is striving to become an engine for innovation, growth and jobs. The level of motorization in Africa is just 42 vehicles per 1,000 inhabitants, which is significantly below the global average of 182 per 1,000.

The burden of animal disease is widespread globally and is especially severe for developing countries dependent on livestock production. Ethiopia has the largest livestock population in Africa and the second-largest human population on the continent. Ethiopia is one of the fastest-growing economies in Africa; however, much of the population still lives in extreme poverty, and most households depend on agriculture. Animal disease negatively affects domestic livestock production and limits growth potential across the domestic agricultural supply chain. This research investigates the economic effects of livestock disease burden in Ethiopia by employing a computable general equilibrium model in tandem with animal health loss estimates from a compartmental livestock population model. Two scenarios for disease burden are simulated to understand the effects of improved animal health on domestic production, prices, trade, gross domestic product (GDP), and economic welfare in Ethiopia. Results show that improved animal health may increase Ethiopian GDP by up to 3.6%, which improves national welfare by approximately $US 2.5 billion. This research illustrates the economic effects of improved livestock health, which is critical for Ethiopian households and the national economy.

Vacuum Circuit Breaker Market Outlook

According to our latest research, the Global Vacuum Circuit Breaker market size was valued at $2.1 billion in 2024 and is projected to reach $3.8 billion by 2033, expanding at a CAGR of 6.5% during 2024–2033. This robust growth trajectory is primarily driven by the increasing demand for reliable and safe power distribution solutions in both developed and developing economies. The rapid urbanization and industrialization worldwide, coupled with the replacement of aging electrical infrastructure, are fueling the adoption of vacuum circuit breakers (VCBs) across multiple end-user segments. Furthermore, the rising emphasis on grid modernization and the integration of renewable energy sources into existing power networks are prompting utilities and industries to invest in technologically advanced circuit protection equipment, thereby propelling the global vacuum circuit breaker market forward.

Regional Outlook

Asia Pacific holds the largest share in the global vacuum circuit breaker market, accounting for over 38% of the total market revenue in 2024. This dominance is attributed to the region’s rapid industrial expansion, significant investments in grid infrastructure, and the ongoing electrification of rural areas. Countries such as China, India, and Japan have been at the forefront due to their large-scale infrastructure projects, government-led electrification initiatives, and increasing energy consumption. The presence of leading manufacturers and a mature supply chain ecosystem further contribute to the region’s strong market position. Additionally, Asia Pacific benefits from favorable regulatory policies and substantial public-private partnerships aimed at modernizing power distribution networks, which collectively reinforce its leadership in the vacuum circuit breaker market.

The Middle East & Africa region is forecasted to be the fastest-growing market, with a projected CAGR of 8.2% during 2024–2033. This accelerated growth is driven by substantial investments in power generation and transmission infrastructure, particularly in the Gulf Cooperation Council (GCC) countries and parts of Sub-Saharan Africa. The region’s focus on diversifying energy sources, expanding urban infrastructure, and integrating smart grid technologies is creating lucrative opportunities for vacuum circuit breaker manufacturers. Additionally, government policies aimed at enhancing energy efficiency and grid reliability, combined with increased foreign direct investment (FDI) in the energy sector, are catalyzing market growth in this region. The ongoing transition towards renewable energy and the need for advanced circuit protection in harsh climatic conditions further underpin the strong growth outlook for the Middle East & Africa.

In emerging economies of Latin America and parts of Southeast Asia, the vacuum circuit breaker market is experiencing steady adoption but faces unique challenges such as limited access to capital, underdeveloped infrastructure, and inconsistent policy enforcement. While these regions offer significant long-term potential due to their growing populations and urbanization rates, the pace of adoption is hindered by budget constraints, lack of technical expertise, and the need for substantial upgrades to aging electrical grids. However, international development agencies and regional governments are increasingly recognizing the importance of modernizing power distribution networks to support economic growth and sustainability goals. As a result, targeted initiatives and pilot projects are beginning to bridge adoption gaps, albeit at a slower rate compared to more mature markets.

Report Scope

Ethiopia has one of the fastest growing economies in the world, and by 2025 Ethiopia aims to become the manufacturing hub of Africa. To maintain growth, the Ethiopian government heavily supports industrial development in different industry sectors. However, Ethiopia is still a developing, low-income country that has to overcome several barriers in order to attract foreign companies to become a middle-income country. Therefore, efficient intermodal transport is seen as one of the key contributors to facilitating export-led growth. This study seeks to map the current state of intermodal transport in Ethiopia by synthesizing a holistic picture of current challenges and to propose strategies for dealing with them. A moderated nominal group technique (NGT) exercise was applied among 38 experts from local manufacturing industries, domestic and international logistics services, academia, and associations as well as governmental and non-governmental institutions. Through the NGT process, the study condenses 19 challenges for intermodal transport in Ethiopia that are grouped into eight different clusters and assesses the importance of resolving those challenges in order to facilitate logistics performance. Moreover, strategies are proposed to improve the current state of intermodal transport and assessed according to their effectiveness and complexity. Consequently, recommendations and implications for four stakeholder groups are given: (1) governmental institutions; (2) non-governmental institutions; (3) foreign investors/manufacturers and local manufacturers; as well as (4) local and international logistics service providers.

The population in Africa was forecast to expand annually by an average of **** percent between 2020 and 2025. Over 20 countries might grow above this rate, with Niger leading by an annual population change of *** percent in the mentioned period. Angola was expected to follow, with an average population growth of **** percent annually. Overall, Africa has recorded a faster population growth compared to other world regions. The continent's population almost doubled in the last 25 years.

Spray-Applied Bridge Deck Membranes Market Outlook

According to our latest research, the global Spray-Applied Bridge Deck Membranes market size reached USD 1.26 billion in 2024, demonstrating robust expansion driven by infrastructure modernization and growing demand for durable waterproofing solutions. The market is projected to grow at a CAGR of 7.1% from 2025 to 2033, with the forecasted market size expected to reach USD 2.36 billion by 2033. This remarkable growth is primarily attributed to increasing investments in transportation infrastructure, stringent regulations regarding bridge safety, and the adoption of advanced membrane technologies for enhanced longevity and protection.

One of the primary growth factors propelling the Spray-Applied Bridge Deck Membranes market is the surge in global infrastructure development, particularly in emerging economies. Governments across Asia Pacific, Latin America, and Africa are prioritizing the construction and rehabilitation of bridges to support economic growth and improve connectivity. The need for efficient, long-lasting waterproofing solutions to protect bridge decks from water ingress, freeze-thaw cycles, and de-icing chemicals has led to widespread adoption of spray-applied membranes. These membranes offer seamless application, rapid curing, and superior adhesion, making them highly suitable for large-scale infrastructure projects where durability and speed are critical.

Another significant driver for the market is the increasing focus on lifecycle cost reduction and asset management by public and private entities. Traditional waterproofing techniques often require frequent maintenance and repairs, resulting in higher long-term costs and traffic disruptions. In contrast, spray-applied bridge deck membranes provide exceptional resistance to mechanical stress, chemical attack, and environmental factors, thereby extending the service life of bridge structures. This shift towards preventive maintenance and long-term asset protection is encouraging the adoption of advanced membrane systems, further fueling market expansion.

Technological advancements in membrane formulations and application equipment are also accelerating market growth. Innovations such as rapid-set polyurea and hybrid polyurethane membranes have improved installation efficiency and performance characteristics, making them increasingly attractive to contractors and government agencies. Additionally, the development of environmentally friendly, low-VOC (volatile organic compound) products aligns with global sustainability trends and regulatory requirements. These advancements not only enhance the physical and chemical properties of membranes but also reduce installation time and labor costs, creating significant value for end-users and boosting market penetration.

Regionally, North America and Europe remain at the forefront of adoption due to their mature infrastructure sectors and stringent safety standards. However, the Asia Pacific region is emerging as the fastest-growing market, supported by massive infrastructure investments in countries like China, India, and Southeast Asian nations. The Middle East & Africa and Latin America are also witnessing steady growth, driven by urbanization and government initiatives to modernize transportation networks. This dynamic regional landscape underscores the global relevance and expanding opportunities within the Spray-Applied Bridge Deck Membranes market.

Type Analysis

The Spray-Applied Bridge Deck Membranes market is segmented by type into Polyurethane, Polyurea, Epoxy, Asphaltic, and Others, each offering distinct performance characteristics and application benefits. Polyurethane membranes are widely favored for their excellent elasticity, strong adhesion, and superior resistance to abrasion and chemicals. These properties make them ideal for bridge decks subjected to heavy traffic loads and harsh environmental conditions. Polyurethane membranes also offer fast curing times, which is critical for minimizing downtime during bridge construction or rehabilitation projects. Their versatility and proven track record have cemented their position as a leading choice among contractors and infrastructure owners.

Polyurea membranes have gained significant traction in recent years, owing to their rapid set times and outstanding mechanical properties. The unique chemistry of polyurea allows for application in a

Neutral Grounding Resistor Monitoring Market Outlook

According to our latest research, the neutral grounding resistor monitoring market size reached USD 320 million globally in 2024. The market is experiencing a robust growth trajectory, registering a CAGR of 6.8% during the forecast period. By 2033, the market is forecasted to attain a value of USD 610 million, propelled by rising investments in power infrastructure modernization and the increasing emphasis on electrical safety compliance. The demand for continuous monitoring solutions is significantly contributing to market expansion, as industries seek to enhance system reliability and minimize operational risks.

One of the primary growth factors for the neutral grounding resistor monitoring market is the global push towards enhancing grid reliability and safety. As electrical networks expand in complexity, particularly with the integration of renewable energy sources and distributed generation, the risk of ground faults and associated damages increases. Neutral grounding resistor monitoring systems play a critical role in detecting faults, preventing equipment damage, and ensuring safe operations. Stringent regulatory frameworks and safety standards, especially in developed economies, are compelling utilities and industrial operators to adopt advanced monitoring solutions. The growing awareness regarding the operational and financial repercussions of unmonitored ground faults is further accelerating the adoption of these systems across various sectors.

Another significant driver is the rapid industrialization and urbanization witnessed in emerging economies. Countries in Asia Pacific, Latin America, and parts of Africa are investing heavily in expanding their power generation, transmission, and distribution infrastructure. This expansion necessitates robust grounding and monitoring mechanisms to safeguard assets and ensure uninterrupted power supply. The proliferation of industrial automation and digitalization is also increasing the demand for continuous, real-time monitoring of electrical systems. Industries such as oil & gas, mining, and manufacturing, which operate in high-risk environments, are particularly prioritizing the deployment of neutral grounding resistor monitoring solutions to mitigate safety and compliance risks.

Technological advancements in monitoring methods are also fueling market growth. Innovations such as IoT-based monitoring, wireless communication, and predictive analytics are transforming traditional resistor monitoring systems into intelligent, connected solutions. These advancements enable remote monitoring, early fault detection, and data-driven maintenance, reducing downtime and operational costs. The shift towards digital substations and smart grids is creating new opportunities for market players to offer integrated, scalable, and customizable solutions. Furthermore, the increasing focus on sustainability and energy efficiency is prompting utilities and industrial operators to invest in advanced monitoring technologies that support proactive asset management and extend equipment lifespan.

From a regional perspective, Asia Pacific is emerging as the fastest-growing market for neutral grounding resistor monitoring solutions. The region’s rapid economic growth, urbanization, and electrification initiatives are driving substantial investments in power infrastructure. Governments in countries like China, India, and Southeast Asian nations are prioritizing grid modernization and reliability, creating a conducive environment for the adoption of advanced monitoring systems. North America and Europe remain mature markets, characterized by stringent safety regulations and high penetration of monitoring technologies. However, the Middle East & Africa and Latin America are also witnessing steady growth, supported by ongoing infrastructure development and the increasing need for reliable power supply in industrial and commercial sectors.

Type Analysis

The neutral grounding resistor monitoring market is segmented by type into low resistance, high resistance, and others. Low resistance neutral grounding resistor monitoring systems are widely adopted in industrial and utility applications where rapid fault detection and high fault current levels are required. These systems are particularly prevalent in power generation and transmission networks, where they provide a controlled path for fault currents and fa

Push Pin Remover Market Outlook

According to our latest research, the global push pin remover market size reached USD 285 million in 2024, demonstrating a robust momentum driven by rising demand across various end-use sectors. The market is expected to grow at a CAGR of 5.1% during the forecast period, with the market size projected to reach USD 445 million by 2033. This growth is primarily attributed to the increasing adoption of ergonomic office supplies, the expansion of educational infrastructure, and a growing emphasis on workplace safety and efficiency worldwide.

One of the primary growth factors fueling the push pin remover market is the continuous evolution of office and educational environments. Organizations are increasingly prioritizing the use of specialized tools that enhance productivity and reduce the risk of injury. Push pin removers, designed to safely extract pins from notice boards and surfaces without damaging materials or causing strain, have become essential in modern offices, schools, and even industrial settings. The ongoing trend toward ergonomic office supplies, coupled with the need to maintain pristine workspaces, is prompting procurement managers and facility administrators to invest in high-quality push pin removers. Furthermore, as hybrid and remote work models drive the setup of home offices, consumers are seeking practical solutions for managing workspaces efficiently, further boosting market demand.

Another significant driver is the expansion of educational infrastructure, particularly in developing economies. Governments across Asia Pacific, Africa, and Latin America are investing heavily in building new schools and upgrading existing facilities to foster better learning environments. These initiatives necessitate the procurement of a wide array of stationery and utility tools, including push pin removers. The push for digital learning has not diminished the relevance of physical notice boards and displays in classrooms, as they remain crucial for communication and information dissemination. As a result, the need for safe and reliable tools to manage these displays is intensifying, propelling the market forward. Additionally, the growing awareness of occupational health and safety regulations is compelling institutions to replace traditional, potentially hazardous methods of pin removal with purpose-built tools.

Technological advancements and product innovation are also shaping the trajectory of the push pin remover market. Manufacturers are focusing on developing products with enhanced ergonomics, durability, and multifunctionality to cater to diverse user needs. The introduction of electric push pin removers, for instance, is revolutionizing the market by offering faster and more efficient pin removal, particularly in high-usage environments such as conference centers, exhibition halls, and large offices. These innovations are not only improving user experience but also expanding the application scope of push pin removers beyond traditional settings. As consumer preferences shift toward convenience and efficiency, companies that prioritize R&D and product differentiation are poised to capture significant market share.

From a regional perspective, Asia Pacific is emerging as the fastest-growing market for push pin removers, driven by rapid urbanization, increasing educational spending, and the proliferation of small and medium enterprises. North America and Europe continue to hold substantial market shares due to their mature office supply industries and high adoption of ergonomic tools. Meanwhile, Latin America and the Middle East & Africa are witnessing steady growth, supported by rising investments in education and infrastructure. As market players expand their distribution networks and tailor products to local preferences, regional dynamics are expected to play a pivotal role in shaping the competitive landscape and future growth opportunities.

Product Type Analysis

The push pin remover market by product type is segmented into man