Top 10 Most Developed African Nations – Ranked According to the Human Development Index Metrics Published in 2018
What is the Human Development Index?
The United Nations defines the Human Development Index (HDI) as an economic tool that measures indicators of achievement in key areas of human development: longevity, literacy and income distribution. A disadvantage of this economic tool is that it only represents a small part of human development. It does not give a clear picture of income distribution, levels of poverty, human security and empowerment within a country.
10 – Cape Verde
Cape Verde is an archipelago of islands located 570 km off the coast of West Africa. Cape Verde’s backdrop of mountains, rugged seaside villages, undulating landscape and beautiful beaches make it attractive to tourists and by extension foreign investors who contribute to the GDP of the country.
In 2015, Cape Verde had a Human Development Index value of 0.648. This value ranked it at 122 out of 188 countries and placed it in the medium development category. Cape Verdeans are expected to live until they are 74 years old. The average person will go through 13.5 years of schooling and the GNP per capita is US$6,049.
9 – South Africa
South Africa is a country located at the southernmost tip of Africa. Its economy which is said to the second largest in Africa after Nigeria is supported by the agricultural sector, industry sector and tertiary services sector, the latter being the main contributor.
Like Cape Verde, South Africa’s Human Development Index of 0.666 placed it in the medium development category and positioned it three spaces in front of Cape Verde (119) on the list of developed nations. The average South African should go through 13 years of schooling and is expected to die at 53.4 years of age. The GNP per capita is US$9,594.
8 – Egypt
Did you know that it is possible to be in two places at once? Egypt is the country that is located on two continents: Africa and Asia. The economy of Egypt depends on media, agriculture, natural gas, and tourism.At the end of 2015, Egypt had a Human Development Index value of 0.691. This value allowed it to jump several spaces on the list of most developed nations to end up in the 111th position out of 188 countries and territories. Categorized as a medium developed country, Egyptians are expected to live until they are 71.3 years old and to undergone 13.1 years of schooling. The average Egyptian is supposed to be earning US$10,061 annually.
7 – Gabon
Gabon is an African nation located in Central Africa. In Gabon oil is king and is a major contributor to the country’s GDP. The economic forecast of Gabon is not a rosy one as oil production is on a decline and reserves are expected to run out by 2025. Gabon is classified as a medium developed country with a Human Development Index value of 0.697. It is ranked 109th out of 188 countries and territories. The average Gabonese is expected to live until he is 64.9 years old and to spend 12.6 years in school. A Gabonese’s annual income is supposed to be US$19,044.
6 – Botswana
Botswana, a landlocked country, is located in Southern Africa. It is said to be one of the most sparsely populated countries in the world with a population of just over 2 million people. The economy of Botswana relies on mining, cattle, and tourism. Botswana has one of the fastest growth rates in per capita in the world and with sound fiscal policies, economists predict even more growth in the future. Which is right since this country has the largest diamond mine in the world. Botswana has a Human Development Index value of 0.698 which classifies it as a medium developed country and gives it a 108th ranking out of 188 on the list of most developed nations in the world. The average Motswana is expected to live until he is 64.5 years old and to go through 12.6 years of schooling. Batswana are expected to earn US$14,663 annually.
5 – Libya
Libya is located in North Africa. The main contributor to the economy of Libya is oil production. Libya is home to the largest oil reserves in Africa. Libya is one of eight African countries to be classified as having an ‘Upper Middle Income Economy by the World Bank. At the end of 2015, Libya had a Human Development Index value of 0.716 which placed it in the High human development category and a ranking of 102 out of 108 countries and territories. Libyans are expected to live until they are 71.8 years of age and to undergo 3.4 years of schooling. Annually, a Libyan is supposed to be earning US$14,303.
4 – Tunisia
Tunisia is a country located in North Africa. The economy of Tunisia depends on the manufacturing, services, tourism and mining sector with the services sector contributing the most to the GDP. The World Economic Forum ranked Tunisia as the most competitive country in Africa in 2009. At the end of 2015, Tunisia had a Human Development Index value of 0.725. This value placed it in the high human development category and a ranking of 97 out of 108 countries and territories. The average Tunisian is expected to live until he is 75 years old and to undergo 14.6 years of schooling. At the end of the year, a Tunisian is supposed to be US$10,249 richer.
Algeria, the largest country in Africa, is also located in the north and happens to share borders with Tunisia. Algeria is another country whose economy is dominated by oil but it is working towards diversifying the economy in order to reduce youth unemployment. Algeria has a Human Development Index value of 0.745 which places it in the high human development category and the 83rd position of 188 countries and territories. Algerians are expected to live until they are 75 years old and to undergo14.4 years of schooling. The GNP per capita is US$ 13,533.
2 – Mauritius
Known for its white, sandy beaches, blue, crystal clear waters, breathtaking waterfalls and lush flora and fauna, Mauritius is an island nation off the southern coast of Africa. The economy of Mauritius is boosted by its agricultural, tourism, and service sectors. The economy of Mauritius is fertile ground for local and foreign investors.Mauritius Human Development Index value is 0.781. This value places it in the high development category and gives it a ranking of 64th out of 188 countries and territories. The average Mauritian is expected to live to see his 75th birthday and to spend 15.2 years in the education system. The average Mauritian is supposed to take home US$17,948 annually.
1 – Seychelles
Seychelles is an archipelago of 115 countries that lies 1,500 km off the coast of Eastern Africa. The economy of Seychelles largely depends on tourism, agriculture, and fishing with tourism industry employing most of the labour force. Although it is the African country with the highest GDP, Seychelles is plagued by income equality and low wealth distribution which results in poverty of some its citizens.Seychelles’ has a Human Development Index value of 0.782 making the most developed nation in Africa. It is ranked at 63 out of 188 countries and territories. The average Seychellois is expected to live until he is 73.3 years old and to spend 14.1 years in the education system. The GNP per capita is $US 23, 886.
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