CONCLUSION
While Norway
is the 30th largest economy in the world, Gabon and Benin are unfortunately not
among the first 50 largest economies in the world. In 2017, Norwegian GDP
(nominal) stood at $391.959 billion, ranking 22nd in the world, her per capita
income stood at $73,450 making her the 3rd richest country in the world.
However, for Gabon and Benin the case is diametrically different .In 2016,
Gabonese GDP (nominal) stood at $14,583 billion, her per capita income stood at
$7,741. On the flip side, Benin GDP (nominal) 2017 estimate stood at
$9,605billion, her per capita $842. This however indicates that Benin is poorer
in all ramifications than Gabon.
REFERENCES
1. "Country Comparison:: Crude oil
– production". CIA – The World Factbook.
Retrieved 16 March 2016.
2. "Country Comparison:: Natural
gas – production". CIA – The World Factbook.
Retrieved 16 March 2016.
3. "The
World's Richest Countries". forbes.com. Retrieved 12 December 2014.
4. "The
World Factbook". Central Intelligence Agency Library. Central
Intelligence Agency. Retrieved 23
May 2016.
5. Holter,
Mikael (27 June 2017). "The World's Biggest Wealth Fund Hits
$1 Trillion". Bloomberg L.P. Retrieved 19
September 2017.
6.
"Human development indices
2008" (PDF). Human Development
Report. hdr.undp.org. 18 December
2008. Archived from the original
(PDF) on 19 December 2008. Retrieved
12 May 2009.
7. "GINI
index". World Bank. Retrieved 20 April 2016.
8.
Jump up to: a b c "2016 Human Development Report" (PDF). United
Nations Development Programme. 2016. Retrieved
21 March 2017.
9. "2016
Human Development Report" (PDF). United Nations
Development Programme. 2016.
Retrieved 21 March 2017.
10.
Hughes, R. H.; Hughes, J. S. (1992). A Directory of African Wetlands. IUCN.
p. 301. ISBN 978-2-88032-949-5.
11.
"Food and Agriculture Organization of the United Nations". United
Nations,
29 June 2010
12. "Benin – International
Cooperation". Nation Encyclopaedia (29 June 2010)
13. Ibp Use. Global Logistics Assessments
Reports Handbook: Strategic
Transportation and Customs
Information for Selected Countries, p. 85. Int'l
Business Publications, 2008. ISBN
0-7397-6603-1
14. Lea, David; Rowe, Annamarie, eds.
(2001). A Political Chronology of Africa.
Taylor & Francis. p. 33. ISBN
978-1-85743-116-2.
CONCLUSION
While Norway
is the 30th largest economy in the world, Gabon and Benin are unfortunately not
among the first 50 largest economies in the world. In 2017, Norwegian GDP
(nominal) stood at $391.959 billion, ranking 22nd in the world, her per capita
income stood at $73,450 making her the 3rd richest country in the world.
However, for Gabon and Benin the case is diametrically different .In 2016,
Gabonese GDP (nominal) stood at $14,583 billion, her per capita income stood at
$7,741. On the flip side, Benin GDP (nominal) 2017 estimate stood at
$9,605billion, her per capita $842. This however indicates that Benin is poorer
in all ramifications than Gabon.
REFERENCES
1. "Country Comparison:: Crude oil
– production". CIA – The World Factbook.
Retrieved 16 March 2016.
2. "Country Comparison:: Natural
gas – production". CIA – The World Factbook.
Retrieved 16 March 2016.
3. "The
World's Richest Countries". forbes.com. Retrieved 12 December 2014.
4. "The
World Factbook". Central Intelligence Agency Library. Central
Intelligence Agency. Retrieved 23
May 2016.
5. Holter,
Mikael (27 June 2017). "The World's Biggest Wealth Fund Hits
$1 Trillion". Bloomberg L.P. Retrieved 19
September 2017.
6.
"Human development indices
2008" (PDF). Human Development
Report. hdr.undp.org. 18 December
2008. Archived from the original
(PDF) on 19 December 2008. Retrieved
12 May 2009.
7. "GINI
index". World Bank. Retrieved 20 April 2016.
8.
Jump up to: a b c "2016 Human Development Report" (PDF). United
Nations Development Programme. 2016. Retrieved
21 March 2017.
9. "2016
Human Development Report" (PDF). United Nations
Development Programme. 2016.
Retrieved 21 March 2017.
10.
Hughes, R. H.; Hughes, J. S. (1992). A Directory of African Wetlands. IUCN.
p. 301. ISBN 978-2-88032-949-5.
11.
"Food and Agriculture Organization of the United Nations". United
Nations,
29 June 2010
12. "Benin – International
Cooperation". Nation Encyclopaedia (29 June 2010)
13. Ibp Use. Global Logistics Assessments
Reports Handbook: Strategic
Transportation and Customs
Information for Selected Countries, p. 85. Int'l
Business Publications, 2008. ISBN
0-7397-6603-1
14. Lea, David; Rowe, Annamarie, eds.
(2001). A Political Chronology of Africa.
Taylor & Francis. p. 33. ISBN
978-1-85743-116-2.
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