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nashbalraj08/ECI-Analysis-in-Sub-Saharan-Africa

Domain:

socioeconomic
Creator:
nas
Host:
This analysis uses PowerBI to examine the Economic Complexity Index (ECI), a metric measuring the sophistication of a country's economy based on the diversity and uniqueness of its exports. The analysis focuses specifically on Sub-Saharan African countries over the period from 1995-2018 # Economic Complexity Index (ECI) Analysis in Sub-Saharan Africa ## Project Overview This analysis uses PowerBI to examine the Economic Complexity Index (ECI), a metric measuring the sophistication of a country's economy based on the diversity and uniqueness of its exports. The analysis focuses specifically on Sub-Saharan African countries over the period from **1995 to 2018**. ## Understanding Economic Complexity Index (ECI) - **High ECI (around 2 to 3)**: Indicates countries with diverse and sophisticated economies (e.g., Japan, Germany, Switzerland). - **Low ECI (around -2 to -3)**: Indicates economies heavily reliant on a limited range of exports, typically primary commodities common in Sub-Saharan African countries. ## Geographical Scope - Data covers **28 Sub-Saharan African countries**. - Non-Sub-Saharan countries included in the raw dataset (e.g., Tunisia and Morocco) were noted but not the project's focus. ## Key Findings ### Top 5 Countries by ECI (1995-2018) | Country Name | Max ECI | |---------------------|---------| | Angola | 9.38 | | Botswana | 5.85 | | Burkina Faso | 5.14 | | Cameroon | 4.63 | | Congo, Dem. Rep. | 4.24 | ### Bottom 5 Countries by ECI | Country Name | Min ECI | |--------------|---------| | Togo | 0.55 | | Tunisia | 0.53 | | Uganda | 0.51 | | Zambia | 0.50 | | Zimbabwe | 0.49 | ### Analytical Approach - ECI progression analyzed via line charts, showing trends over 1995-2018. - Annual growth rates calculated for Population, GDP, GDP per capita, and ECI. - Visual correlation assessed between GDP and ECI to explore the hypothesis that higher GDP may correlate with higher ECI. ## Visualizations - **Maps and heatmaps** indicating the geographic distribution of ECI. - **Interactive dashboards** allowing filtering by country, income category, and time period. ## Impact and Applications This analysis helps policymakers and re …

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