19. Mauritius
GDP: $19,270 Billion
Foreign Exchange Reserve: $3, 919 Million
The growth of the economy of Mauritius is all thanks to the kind of government it has. The free-market economics that has been followed by the successive governments, created a highly competitive market with ample room for growth. With no natural resources to explore, the economy o Mauritius has relied heavily on tourism, ICT and financial services.
18. Gabon
GDP: 24,571 Billion
Foreign Exchange Reserve: $2,470 Million
With the declining state of oil production in Gabon, it is still one of the highest producers of oil in sub Saharan Africa. Over the last forty years, the country has been quite dependent on oil to sustain its economy. But more recently, it is trying to diversify and branch out into many other areas so as to have a diversified economy.
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