BCG ranking: How Sub-Saharan Africa countries convert wealth to well-being for their citizens

The BCG's 2018 Sustainable Economic Development Assessment (SEDA) reveals that countries can make the overall welfare of citizens the top priority while promoting sustainable and robust economic growth.

The research, BCG says, is based on proprietary Sustainable Economic Development Assessment (SEDA) – an analysis which provides a comprehensive diagnostic tool that assesses the relative well-being of countries.

In its report, the BCG's 2018 Sustainable Economic Development Assessment (SEDA) reveals that countries can make the overall welfare of citizens the top priority while promoting sustainable and robust economic growth.

According to the findings, out of the 152 countries assessed, Nigeria is placed on 146 as the country index on income, education and infrastructure remain the major issues.

In Africa, Nigeria, Sudan, Congo Democratic Republic, Chad and the Central African Republic are the five lowest ranked countries while Mauritius, Seychelles, Botswana, Gabon and Ghana maintain top position.

In the global scene, Norway tops the rank with 85% score on the conversion of the nation's wealth into well-being for its citizens as Switzerland and Iceland rank second and third respectively.

Here's how some African countries ranked:

1. South Africa

Population: 54.1 million

Gross National Income (GNI): 5,480

SEDA Score: 38.5

2. Kenya

Population: 46.0 million

GNI: 1,380

Score: 35.4

3. Ghana

Population: 27.0 million

GNI:1,380

Score: 40.2

4. Ethiopia

Population: 97.4 million

GNI: 660

Score: 32.5

5. Uganda

Population: 38.8 million

GNI: 630

GNI: 30.9

6. Nigeria

Population: 176.5 million

GNI: 2,450

SEDA Score: 25.5

Also from Business Insider Sub-Sahara Africa:

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

4 side effects of being a virgin for too long, according to research

4 side effects of being a virgin for too long, according to research

Twerking Wendy Shay threatens to snatch someone's man with her slim waist in 'wild' video

Twerking Wendy Shay threatens to snatch someone's man with her slim waist in 'wild' video

Ayisha Modi goes naked on IG as she flaunts her newly ‘acquired’ body (VIDEO)

Ayisha Modi goes naked on IG as she flaunts her newly ‘acquired’ body (VIDEO)

Police save little boy who hid inside aeroplane’s engine to travel abroad (video)

Police save little boy who hid inside aeroplane’s engine to travel abroad (video)

Serious prayer & tongue-speaking by passengers as aeroplane develops fault mid-air (video)

Serious prayer & tongue-speaking by passengers as aeroplane develops fault mid-air (video)

19-year-old girl stabbed multiple times in Accra after catching her brother & mother having sex

19-year-old girl stabbed multiple times in Accra after catching her brother & mother having sex

You should not do any of these while visiting the Oba's palace in Benin

You should not do any of these while visiting the Oba's palace in Benin

Nollywood veteran Clem Ohameze receives N8M for spinal surgery

Nollywood veteran Clem Ohameze receives N8M for spinal surgery

Highlights from Wizkid's show at the O2 Arena: featuring Buju, Tems, Chris Brown, Burna Boy, DJ Tunez and more

Highlights from Wizkid's show at the O2 Arena: featuring Buju, Tems, Chris Brown, Burna Boy, DJ Tunez and more