Ethiopian News, Current Affairs and Opinion Forum


Bill Gates: "In Ethiopia income is only $800 a year, but in Landlocked Botswana it’s $12,000!" Go figure!

Postby revolutions » 08 Feb 2014, 19:54


Image
"...In Ethiopia income is only $800 a year, but in Botswana it’s $12,000."(Bill Gates)
http://ktar.com/22/1698442/Poverty-will ... says-Gates
Image
Image



Re: Bill Gates: "In Ethiopia income is only $800 a year, but in Landlocked Botswana it’s $12,000!" Go figure!

Postby Bwendimu » 08 Feb 2014, 20:16


Population of Botswana 1.5 million with land full of Diamond.

Yet 300,000 are working in SA
Last edited by Bwendimu on 08 Feb 2014, 20:18, edited 1 time in total.



Re: Bill Gates: "In Ethiopia income is only $800 a year, but in Landlocked Botswana it’s $12,000!" Go figure!

Postby Facts » 08 Feb 2014, 20:17


Somalia which has the longest coastline in all of Africa has taught us that peace, security, and prosperity only comes from wide access to the sea.



Re: Bill Gates: "In Ethiopia income is only $800 a year, but in Landlocked Botswana it’s $12,000!" Go figure!

Postby revolutions » 08 Feb 2014, 21:58


Bill Gates was being very careful not to hurt the inferior woyanes' feelings when he fabricated the "$800 a year" income average figure for Ethiopia. The World Bank, on the other hand, is not that generous on its reports.

Image

Ethiopia
Economic Overview

Ethiopia is the second-most populous country in Sub-Saharan Africa with a population of about 92 million (United Nations, 2012). One of the world’s oldest civilizations, Ethiopia is also one of the world’s poorest countries. The country’s per capita income of $410 is substantially lower than the regional average (Gross National Income, Atlas Method).

Image
Image
Eritrea GDP per capita
(2010)_______(2011)_______(2012)_______(2013)_________(2014)_______(2015)_______(2016)
$397.719_____$471.761_____$538.807_____$596.754_____$663.061_____$714.618_____$780.794

Ethiopia GDP per capita
(2010)_______(2011)_______(2012)_______(2013)_________(2014)_______(2015)_______(2016)
$350.441_____$342.113_____$364.062_____$400.202_____$438.016_____$480.434_____$526.461

    Definition: GDP per capita is a measurement of how prosperous a country feels to each of its citizens. To understand the definition of GDP per capita, you first need to understand GDP, which is short for Gross Domestic Product. GDP is everything that a country's economy produces in a year. GDP per capita takes a country's production, as measured by GDP, and divides it by the country's total population. Hence, it is the output of a country's economy per person.




Return to Ethiopian News & Opinion

Who is online

Registered users: Alexa [Bot], Bing [Bot], Black Hole, Bwendimu, Dejach Aklilu, Google [Bot], Google Adsense [Bot], Google Feedfetcher, Yahoo [Bot], YEBANDAMERZE, ze_shewa