The following is a brief overview of the most developed countries in Africa according to their respective human development indexes.
Here are 5 most developed African countries: The Human Development Index is an economic tool that assesses indicators of accomplishment in major areas of human development, as defined by the United Nations.
These include, in no particular order, life expectancy, literacy rates, and distribution of income.
Off the coast of East Africa lies an island group called the Seychelles, which is comprised of 115 different countries. In addition to being the wealthiest country in Africa, the nation has achieved practically all of the Millennium Development Goals.
Tourist, agriculture, and fishing are the primary contributors to Seychelles’ economy, however the tourism sector accounts for the majority of the country’s workforce. The distribution of wealth is still extremely unequal in the Seychelles. With a score of 0.782 on the Human Development Index, the Republic of Seychelles is the most developed country in Africa. It now holds the 63rd spot out of a total of 188 countries and territories.
The primary contributors to the economy of Mauritius are the agricultural, touristic, and service sectors. With a human development index rating of 0.781, the economy is also successful in luring both domestic and international investors. This value places it in the high development category, and out of 188 countries and territories, it has a ranking of 64th overall due to its high level of development. It is estimated that the annual income of a typical Mauritanian is $17,948 US dollars.
The manufacturing industry, the service sector, tourism, and the mining industry are the main contributors to Tunisia’s economy. In 2009, Tunisia was voted number one on the list of most competitive countries in Africa by the World Economic Forum. At the close of the year 2015, the Human Development Index value for Tunisia was calculated to be 0.725. Due to this figure, it was given a score of 97 out of 108 countries and territories for its level of human development, which was considered to be high.
Algeria is the largest country in Africa and its economy is driven primarily by the production and sale of oil. Algeria ranks 83rd out of 188 countries and territories according to the Human Development Index, which gives it a value of 0.745. The per capita gross national product is US$ 13,533.
5. South Africa
The economy of South Africa is the second largest in all of Africa, after that of Nigeria. The gross domestic product of the nation is sustained by three main economic pillars: agriculture, industry, and the tertiary services sector, with the latter being the most important contributor. The Human Development Index for South Africa was 0.666, which placed it in the medium development category and placed it three spaces ahead of Cape Verde (119) on the list of developed nations. Cape Verde was ranked 119th.
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