Flashcards: African Union member economies

The economy of Zimbabwe shrank significantly after 2000, resulting in a desperate situation for the country – widespread poverty and an 95% unemployment rate.

Sparsely populated in relation to its area, the Democratic Republic of the Congo is home to a vast potential of natural resources and mineral wealth.

The economy of Mozambique has developed since the end of the Mozambican Civil War (1977–1992), but the country is still one of the world's poorest and most underdeveloped.

The economy of the Republic of the Congo is a mixture of subsistence hunting and agriculture, an industrial sector based largely on petroleum extraction and support services, and a government spending, characterized by budget problems and overstaffing.

The economy of Malawi is predominantly agricultural, with about 90% of the population living in rural areas.

The Economy of Libya depends primarily upon revenues from the petroleum sector, which contributes practically all export earnings and over half of GDP.

Endowed with significant natural resources, including ample fertile land, regular rainfall, and mineral deposits, it is thought that Uganda could feed all of Africa if it were commercially farmed.

Kenya's economy is market-based with a few state-owned infrastructure enterprises and maintains a liberalised external trade system.

The Economy of Angola is one of the fastest-growing in the world, with reported annual average GDP growth of 11.

In 2014, the Algerian economy expanded by 4%, up from 2.

Zambia is one of Sub-Saharan Africa's most highly urbanized countries.

Rwanda is a rural country with about 90% of the population engaged in (mainly subsistence) agriculture.

Somalia is classified by the United Nations as a least developed country.

The Economy of Eritrea has experienced considerable growth in recent years, indicated by an improvement in Gross domestic product (GDP) in October 2012 of 7.

Equatorial Guinea is a small country at the west coast of Central Africa.