The World Bank 2011 purchasing power parity GDP numbers show that Africa has a similar economic profile to India and Latin America and Mexico are similar to China.
In 2011, India had per capita GDP PPP of $4735 and exchange rate per capita GDP of $1533 and a population of 1.216 billion.
In 2011, Africa had per capita GDP PPP of $4044 and exchange rate per capita GDP of $1838 and a population of 1.017 billion
In 2011, China had per capita GDP PPP of $10,057 and exchange rate per capita GDP of $5456 and a population of 1.342 billion.
In 2011, Latin AM+Mexico had per capita GDP PPP of $13330 and exchange rate per capita GDP of $9535 and a population of 0.513 billion
China caught up more to Latin America and Mexico in 2014 with a per capita GDP of about $13000 on a PPP basis.
China in 2014 should have an exchange rate per capita GDP of about $7400.
China with Hong Kong and Macau in 2014 has an exchange rate per capita GDP of about $7700.
Latin America has GDP growth of about 2.6% in 2014 and Mexico might have 3.1%.
China will probably pass a combined Latin America and Mexico on per capita PPP GDP in 2016.
China will probably pass a combined Latin America and Mexico on per capita exchange rate GDP in 2018 or 2019.
Currently Africa and India have comparable GDP growth rates in the 4-5% level.
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In 2011, India had per capita GDP PPP of $4735 and exchange rate per capita GDP of $1533 and a population of 1.216 billion.
In 2011, Africa had per capita GDP PPP of $4044 and exchange rate per capita GDP of $1838 and a population of 1.017 billion
In 2011, China had per capita GDP PPP of $10,057 and exchange rate per capita GDP of $5456 and a population of 1.342 billion.
In 2011, Latin AM+Mexico had per capita GDP PPP of $13330 and exchange rate per capita GDP of $9535 and a population of 0.513 billion
China caught up more to Latin America and Mexico in 2014 with a per capita GDP of about $13000 on a PPP basis.
China in 2014 should have an exchange rate per capita GDP of about $7400.
China with Hong Kong and Macau in 2014 has an exchange rate per capita GDP of about $7700.
Latin America has GDP growth of about 2.6% in 2014 and Mexico might have 3.1%.
China will probably pass a combined Latin America and Mexico on per capita PPP GDP in 2016.
China will probably pass a combined Latin America and Mexico on per capita exchange rate GDP in 2018 or 2019.
Currently Africa and India have comparable GDP growth rates in the 4-5% level.
Read more »