The Economist - The World in 2021 - USA (2020-11-24)

(Antfer) #1
GDP growth: 1.6%

GDP per head: $3,180 (PPP: $7,700)

Inflation: 0.8%

Budget Balance (% GDP): - 8.2

Population: 37.3m

Growth will resume after covid-19 and drought wracked the economy, though
persistent unemployment and regional inequalities will fuel discontent. This, and
divisions within the ruling Justice and Development Party, will hamper the government,
but it will retain its authority under the king, Mohammed VI. Expect a lukewarm
economic rally.


Nigeria


GDP growth: 1.0%

GDP per head: $2,090 (PPP: $5,050)

Inflation: 16.8%

Budget Balance (% GDP): - 3.1

Population: 211.4m

The main task for the president, Muhammadu Buhari, will be dealing with the decline in
the economy brought on by the pandemic and the related slump in oil prices. But he

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