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Integrate Economies- Eradicate Poverty- Southern African Development Communitys (SADC) Ultimate Goal
- By Oil and Gas Author
- Published 09/1/2006
- Petroleum Pipeline , Oil Field Development , Liquefied Natural Gas LNG , Exploration and Discoveries , Natural Gas Petroleum , Crude Oil Petroleum
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In 2005, the combined Gross Domestic Product (GDP) for SADC was approximately $330.1 billion. South Africa, the regions most developed economy, had GDP of $239.4 billion, which is more than double the combined GDP of other SADC countries. In 2005, GDP growth rates in SADC ranged from -10.3 percent (Zimbabwe) to 15.9 percent (Angola), while the weighted average GDP growth rate was 5.7 percent in the region. Poverty is one of the major challenges facing SADC, with 70 percent of the population living on less than $2 per day.
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Article Series
This article is part 1 of a 5 part series. Other articles in this series are shown below:
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Integrate Economies- Eradicate Poverty- Southern African Development Communitys (SADC) Ultimate Goal
