Malawi
The economy of Malawi relies on agriculture, which makes sense since 90% of the population lives in rural areas. This landlocked country boasts 19.13 million inhabitants. The United Nations considers the southcentral African country a least developed country or an LDC. Its total GDP is believed to be $7.44 million, which means that it has a very low GDP per capita of $366.53. The agriculture sector is dominated by the manufacture and export of tobacco. Together with the export of tea, coffee, and sugarcane, it accounts for the vast majority of its total export revenue. Its tourism has also seen a significant growth in the past decade. It struggles to connect with other African nations, but it is striving to move forward in creative ways. Its GDP growth has grown significantly from 2018 to 2019, after all.
Malawi
Algeria
This country primarily relies on gas and fossil fuel for its economy. As a matter of fact, nearly all of its exports have to do with gas and fuel. With its $183.69 billion GDP and GDP per capita of $4,229.78, it is among the five wealthiest countries in the region. It has been heading towards sustainable development to make more jobs and resolve its housing shortages. The economy relies on various sectors that seem promising. We are talking about fishing, baking, tourism, and agriculture! Hydrocarbon also makes up 34.2% of the total GDP but went down to below 19% and brought down the GDP growth to 2.3%. We hope that things improve in the near future.
Algeria
