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.

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.

Land area (sq. km) in South Africa was reported at 1213090 sq. Km in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - Land area (sq. km) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The size of the Africa Geospatial Analytics market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.99% during the forecast period.Geospatial analytics is a tool where the potential of location-based data, which is fast catching up in the African continent, is pooled to utilize the integration of the geographic information systems (GIS), global positioning systems (GPS), and remote sensing technologies. These empower organizations to interpret and make value out of spatial data for analytical purposes. Geospatial analytics analyzes patterns and trends as well as their relationships within geographic contexts that will give a more holistic understanding of complex phenomena.Geospatial analytics alters most aspects of life in these areas in Africa. It is helpful in optimizing crops and resources in precision farming. Farmers learn when to make agriculture decisions through analysis of data on soil quality, weather, and crop health for maximization of its produce. In urban planning, it helps in urban development, infrastructure planning, and disaster management. Mapping the pattern of growth for cities, identification of vulnerable areas, and even the optimization of resource allocation makes cities sustainable and resilient. Geospatial analytics is also important in natural resource management, environmental conservation, and climate change adaptation. Monitoring deforestation, tracking populations of wildlife, and assessing the impact of climate will help policymakers further strategize towards a more effective implementation of conservation. Africa is continuing to step into the technological fray, and the market for geospatial analytics is supposed to grow its presence multifold.From seemingly endless savannahs, countless forests, substantive natural riches, and burgeoning cities, Africa has much to harness from the insights offered by geospatial analytics: Address real challenges, unlock fresh opportunities, and drive sustainable development across the continent. Recent developments include: November 2022: A Memorandum of Understanding (MOU) was signed by SaskTel and Axiom Exploration Group to jointly explore opportunities to assist organizations throughout Saskatchewan in enhancing and modernizing their operations through the gathering and analysis of geospatial and other geophysical data., September 2022: A two-day conference on Data Analytics and visualization was held by Women in GIS Kenya in association with Pathways International, Esri Eastern Africa, Nakala Analytics, and the University of Nairobi, Department of Geospatial and Space Technology.. Key drivers for this market are: Commercialization of spatial data, Increased smart city & infrastructure projects. Potential restraints include: High costs associated with geospatial technologies. Notable trends are: Commercialization of Spatial Data.

This dataset provides values for POPULATION 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 was estimated at just over 403 billion U.S. dollars in 2024, the highest in Africa. Egypt followed, with a GDP worth around 380 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with about 260 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.

Fossil relative abundance data in combination with specimen-level measurements can reveal community-level changes underpinning long-term ecological and evolutionary dynamics. However relative abundance data is not consistently reported in the paleontological literature, and measurement data is presented in individual studies in varying formats. Here, we compiled dental measurements (tooth crown length, width, and height) from the paleontological literature (or otherwise available sources) in a single database, simultaneously permitting analyses of size and relative abundance for the fossil record. This first version of the database focuses on large mammals and on the African and Arabian Neogene fossil record. Measurements of teeth of extant species were also collected. Each row gives the available measurements for a single tooth. Specimens with multiple teeth reported are divided among several rows. Taxonomic information was entered largely as given in the original source, without stand...

This dataset provides values for GDP PER CAPITA 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.

In the middle of 2023, about 60 percent of the global population was living in Asia.The total world population amounted to 8.1 billion people on the planet. In other words 4.7 billion people were living in Asia as of 2023. Global populationDue to medical advances, better living conditions and the increase of agricultural productivity, the world population increased rapidly over the past century, and is expected to continue to grow. After reaching eight billion in 2023, the global population is estimated to pass 10 billion by 2060. Africa expected to drive population increase Most of the future population increase is expected to happen in Africa. The countries with the highest population growth rate in 2024 were mostly African countries. While around 1.47 billion people live on the continent as of 2024, this is forecast to grow to 3.9 billion by 2100. This is underlined by the fact that most of the countries wit the highest population growth rate are found in Africa. The growing population, in combination with climate change, puts increasing pressure on the world's resources.

Africa Real-time(Graphics and Video) Rendering Solutions Market is expected to grow during 2025-2031

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

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Fruit Tea Market Size 2024-2028

The fruit tea market size is forecast to increase by USD 1 billion at a CAGR of 7.08% between 2023 and 2028. The market is experiencing significant growth due to the increasing preference for healthier beverage options. Tropical fruits, such as mango, pineapple, and passion fruit, are popular choices for flavored fruit teas. Organic farming practices are gaining traction as consumers seek beverages produced using sustainable methods. Ready-to-drink fruit tea has become increasingly convenient for busy lifestyles, offering portability and ease of consumption. Antioxidants, vitamins, and minerals found in fruit teas contribute to their health benefits, making them a desirable alternative to sugary drinks. However, the market faces challenges such as price volatility due to the reliance on raw materials. Retail outlets continue to be a significant distribution channel, but convenience stores and online sales are also gaining ground. Overall, the market is poised for continued growth as consumers seek out delicious and healthy beverage options.

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The beverage industry continues to evolve, with fruit teas emerging as a popular choice among health-conscious consumers. Fruit teas are a unique blend of herbs, fruits, and natural ingredients that offer various health benefits. These beverages are gaining traction due to their refreshing flavors and functional properties. Fruit teas are made from a variety of fruits and herbs, each providing distinct health advantages. Polyphenols and amino acids are two essential components found in fruit teas that contribute to improved immunity, cholesterol management, and enhanced metabolism. The natural resources used in producing fruit teas are carefully sourced to ensure the highest quality and authentic flavors.

In addition, marketing campaigns for fruit teas focus on their health benefits and natural ingredients. Consumers are increasingly seeking out healthier alternatives to sugary soft drinks, making fruit teas an attractive option. Innovative product offerings, such as iced fruit teas and ready-to-drink options, cater to the changing consumer preferences. The market is witnessing growth due to the rising health consciousness among consumers. Traditional teas and herbal infusions are also popular choices, but fruit teas offer a unique twist with their fruity flavors and added health benefits. Natural ingredients, such as real fruit pieces, are used to create an authentic taste and aroma.

Furthermore, e-commerce portals have made it easier for consumers to access fruit teas from the comfort of their homes. Organic quality teas are increasingly in demand, as consumers prioritize natural and sustainable options. Fruit teas are available in various forms, including hot beverages and iced teas, catering to diverse consumer preferences. In conclusion, fruit teas are a growing trend in the beverage industry, offering refreshing flavors and numerous health benefits. The use of natural ingredients and innovative product offerings is driving the growth of this market. Health-conscious consumers are increasingly turning to fruit teas as a healthier alternative to sugary soft drinks, making it an exciting space to watch.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Conventional fruit tea
  Organic fruit tea


Geography

  North America

    Canada
    US


  Europe

    UK
    France


  APAC

    China


  South America



  Middle East and Africa

By Type Insights

The conventional fruit tea segment is estimated to witness significant growth during the forecast period.Fruit tea, a popular beverage category, has seen significant growth in the US market due to its refreshing taste and health benefits. The market is driven by the increasing preference for tropical fruit flavors and the adoption of organic farming practices. Retail outlets, including supermarkets and specialty stores, are stocking an extensive range of ready-to-drink fruit teas, catering to the busy lifestyles of consumers. Convenience and portability are essential factors driving the demand for these beverages. The conventional fruit tea segment, which accounts for a substantial market share, is characterized by the use of natural ingredients such as tea, dried fruits, and nuts.

Moreover, companies in this category prioritize affordability by sourcing raw materials from reliable suppliers. The segment's growth is fueled by the diverse range of fruit flavors that cater to various consumer preferences. Antioxidants, vitamins, and minerals are some of the essential nutrients that make fruit tea a healthy choice for consumers. In conclusion, the market is expected t

In 2022, India overtook China as the world's most populous country and now has almost 1.46 billion people. China now has the second-largest population in the world, still with just over 1.4 billion inhabitants, however, its population went into decline in 2023. Global population As of 2025, the world's population stands at almost 8.2 billion people and is expected to reach around 10.3 billion people in the 2080s, when it will then go into decline. Due to improved healthcare, sanitation, and general living conditions, the global population continues to increase; mortality rates (particularly among infants and children) are decreasing and the median age of the world population has steadily increased for decades. As for the average life expectancy in industrial and developing countries, the gap has narrowed significantly since the mid-20th century. Asia is the most populous continent on Earth; 11 of the 20 largest countries are located there. It leads the ranking of the global population by continent by far, reporting four times as many inhabitants as Africa. The Demographic Transition The population explosion over the past two centuries is part of a phenomenon known as the demographic transition. Simply put, this transition results from a drastic reduction in mortality, which then leads to a reduction in fertility, and increase in life expectancy; this interim period where death rates are low and birth rates are high is where this population explosion occurs, and population growth can remain high as the population ages. In today's most-developed countries, the transition generally began with industrialization in the 1800s, and growth has now stabilized as birth and mortality rates have re-balanced. Across less-developed countries, the stage of this transition varies; for example, China is at a later stage than India, which accounts for the change in which country is more populous - understanding the demographic transition can help understand the reason why China's population is now going into decline. The least-developed region is Sub-Saharan Africa, where fertility rates remain close to pre-industrial levels in some countries. As these countries transition, they will undergo significant rates of population growth

The Middle East & Africa plain bearing market is expected to reach market size of USD 879 Million by 2028, demand for lightweight plain bearing.

The Middle East & Africa Women Apparel market is anticipated to reach market size of more than USD 88 Billion by 2029 reflecting the region's unique culture.

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.

Mineral resource occurrence data covering the world, most thoroughly within the U.S. This database contains the records previously provided in the Mineral Resource Data System (MRDS) of USGS and the Mineral Availability System/Mineral Industry Locator System (MAS/MILS) originated in the U.S. Bureau of Mines, which is now part of USGS. The MRDS is a large and complex relational database developed over several decades by hundreds of researchers and reporters. While database records describe mineral resources worldwide, the compilation of information was intended to cover the United States completely, and its coverage of resources in other countries is incomplete. The content of MRDS records was drawn from reports previously published or made available to USGS researchers. Some of those original source materials are no longer available. The information contained in MRDS was intended to reflect the reports used as sources and is current only as of the date of those source reports. Consequently MRDS does not reflect up-to-date changes to the operating status of mines, ownership, land status, production figures and estimates of reserves and resources, or the nature, size, and extent of workings. Information on the geological characteristics of the mineral resource are likely to remain correct, but aspects involving human activity are likely to be out of date.

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Foreign Exchange Market Size 2025-2029

The foreign exchange market size is forecast to increase by USD 582 billion, at a CAGR of 10.6% between 2024 and 2029.

The Foreign Exchange Market is segmented by type (reporting dealers, financial institutions, non-financial customers), trade finance instruments (currency swaps, outright forward and FX swaps, FX options), trading platforms (electronic trading, over-the-counter (OTC), mobile trading), and geography (North America: US, Canada; Europe: Germany, Switzerland, UK; Middle East and Africa: UAE; APAC: China, India, Japan; South America: Brazil; Rest of World). This segmentation reflects the market's global dynamics, driven by institutional trading, increasing digital adoption through electronic trading and mobile trading, and regional economic activities, with APAC markets like India and China showing significant growth alongside traditional hubs like the US and UK.
The market is experiencing significant shifts driven by the escalating trends of urbanization and digitalization. These forces are creating 24x7 trading opportunities, enabling greater accessibility and convenience for market participants. However, the market's dynamics are not without challenges. The uncertainty of future exchange rates poses a formidable obstacle for businesses and investors alike, necessitating robust risk management strategies. As urbanization continues to expand and digital technologies reshape the trading landscape, market players must adapt to remain competitive. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. Companies seeking to capitalize on these opportunities must navigate the challenges effectively, ensuring they stay abreast of exchange rate fluctuations and implement agile strategies to mitigate risk.
The ability to adapt and respond to these market shifts will be crucial for success in the evolving market.

What will be the Size of the Foreign Exchange Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic and intricate realm of the market, entities such as algorithmic trading, order book, order management systems, and liquidity risk intertwine, shaping the ever-evolving market landscape. The market's continuous unfolding is characterized by the integration of various components, including sentiment analysis, Fibonacci retracement, mobile trading, and good-for-the-day orders. Market activities are influenced by factors like political stability, monetary policy, and market liquidity, which in turn impact economic growth and trade settlement. Technical analysis, with its focus on chart patterns and moving averages, plays a crucial role in informing trading decisions. The market's complexity is further amplified by the presence of entities like credit risk, counterparty risk, and operational risk.

Central bank intervention, order execution, clearing and settlement, and trade confirmation are essential components of the market's infrastructure, ensuring a seamless exchange of currencies. Geopolitical risk, currency correlation, and inflation rates contribute to currency volatility, necessitating hedging strategies and risk management. Market risk, interest rate differentials, and commodity currencies influence trading strategies, while cross-border payments and brokerage services facilitate international trade. The ongoing evolution of the market is marked by the emergence of advanced trading platforms, automated trading, and real-time data feeds, enabling traders to make informed decisions in an increasingly interconnected and complex global economy.

How is this Foreign Exchange Industry segmented?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

The market is a dynamic and complex ecosystem where various entities interplay to manage currency risks and facilitate international trade. Reporting dealers, as key participants,

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Model Kits For Hobbyists Market Size 2025-2029

The model kits for hobbyists market size is forecast to increase by USD 236.1 million, at a CAGR of 3.8% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing disposable income of the middle-class population. This demographic's growing affinity for collecting and building model kits as a leisure activity is fueling market expansion. Moreover, the application of advanced technologies like 3D printing in creating intricate and detailed model kits is adding a new dimension to the hobby. However, the market faces challenges, including seasonal demand and the short life of merchandise and collectibles. Manufacturers must effectively manage inventory levels and adapt to evolving consumer preferences to capitalize on market opportunities and navigate these challenges.
The integration of technology, such as augmented reality and virtual reality, into model kits could offer innovative solutions to engage customers and extend the life cycle of merchandise. Companies that successfully navigate these dynamics will thrive in the dynamic and evolving the market.

What will be the Size of the Model Kits For Hobbyists Market during the forecast period?

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The market continues to evolve, with ongoing activities shaping its dynamics across various sectors. Online marketplaces serve as a hub for hobbyists, offering a vast array of options from automotive models to military, aircraft, and historical figures. Model clubs and hobby shops provide resources and communities for enthusiasts, fostering skill development through building kits of varying levels, from beginner to advanced. Kit manufacturers deliver an extensive range of products, including building kits, resin kits, and limited edition releases. Detail level and historical accuracy are paramount, with masking tape, oil paints, acrylic paints, and weathering products essential for achieving authentic finishes.

Instruction manuals and model building resources offer valuable guidance, while online communities and tutorials provide opportunities for learning and sharing techniques. Diorama kits, vehicle models, aircraft models, ship models, and sci-fi models cater to diverse interests, with scale models available in various scales for unparalleled realism. Paint sets and reference materials ensure precise color reproduction, while hobby knives enable intricate detailing. The market's continuous growth is driven by the passion and dedication of hobbyists, who seek to create ever more accurate and intricate models.

How is this Model Kits For Hobbyists Industry segmented?

The model kits for hobbyists industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Automobiles
  Military vehicles
  Aircraft
  Ships
  Others


End-user

  Beginner
  Professional


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

.

By Type Insights

The automobiles segment is estimated to witness significant growth during the forecast period.

The market is marked by the popularity of figure kits, diorama kits, and automotive models. Automotive enthusiasts continue to recreate iconic vehicles, with classic cars like the Ford Mustang and Porsche 911, as well as modern hyper cars such as the Bugatti Chiron, in high demand. Hobbyists seek to personalize their models with weathering products, acrylic paints, and oil paints, while instruction manuals and model building resources provide essential guidance. Advanced kits cater to those with higher skill levels, featuring intricate detail and historical accuracy. Online marketplaces have become essential platforms for purchasing model kits, with hobby shops and model clubs offering additional resources and communities for enthusiasts.

Detail level is a key consideration, with masking tape and paint sets enabling hobbyists to achieve greater realism. Limited edition kits and rare models add collectibility to the hobby, while scale models and historical models offer educational value. Technological advancements have significantly impacted the market, with advancements in 3D printing and remote-controlled model cars enhancing the overall experience. Building kits from kit manufacturers span various materials, including plastic, resin, and metal, catering to diverse preferences. Model building techniques and tutorials, as well as reference materials and model kit reviews, are readily available online. The