The GDP per capita, Gross National Expenditure, Inflation, Total Natural Resources Rents, Net Exports of goods and services, and Net Migration from 1996 to 2020 across Europe & Central Asia, Latin America & Caribbean, East Asia & Pacific, Middle East & North Africa, North America, and Sub-Saharan Africa were examined to observe the correlation and trend between them and how they differ between regions.
The analysis shows that North America had the highest GDP per capita, the least average inflation rate but trade deficit (Negative Net Export) throughout the observed years, while Sub-Saharan Africa had the lowest GDP per capita and the highest average inflation rate, which could be a reason for its negative net migration all through the years. Correlations were also found between some of the factors, these correlations were examined using North America and Sub-Saharan Africa as a case study.