Sub-Saharan Africa (excluding high income) economy graph showing purchasing power parity (PPP) growth from 1990 to today. Purchasing power parity adjusts the size of the economy to relevant price levels, i.e. measuring the price of specific goods in different countries and adjusting GDP accordingly.
Excluding high-income nations, Sub-Saharan Africa’s economic output, when adjusted for PPP, remains significantly lower than the global average. This indicates ongoing challenges in achieving economic parity with more developed regions. The region’s economy is largely based on agriculture, natural resource extraction, and informal trade.