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This is a list of the African nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). Figures are given in international dollars according to the International Monetary Fund.
CountryGdp (ppp)Gdp Per CapitaPeak YearAfrica [2]9,490.3355,921.8820241,898.53814,927.5920241,443.7085,852.6120241,025.93015,361.302024List of African countries by GDP (nominal) Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries in Africa are sorted according to data from the International Monetary Fund. [1]
RankCountryNominal Gdp (billion Us$) [1]Per Capita (us$) [1]1373.2335,9752347.5943,2253266.7805,7224252.7381,110Jan 24, 2024 · Based on GDP per capita PPP, Mauritius, Libya, and Botswana are the wealthiest African nations, according to the IMF. See the full ranking and learn how GDP and PPP measure a country's riches and standard of living.
- Seychelles
- Mauritius
- Gabon
- Equatorial Guinea
- Botswana
- South Africa
- Namibia
- Egypt
- Eswatini
- Tunisia
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GDP per capita:$9,670 The richest country in Africa in terms of GDP per capita is Seychelles, which is an archipelago made up of 115 islands in the Indian Ocean off of Africa’s east coast. Since gaining independence from the United Kingdom in 1976, the Seychelles economy has grown dramatically. The tourism industry is responsible for the majority o...
GDP per capita:$9,640 The second-richest country in Africa is another island nation in the Indian Ocean: Mauritius. There are also similarities between Seychelles and Mauritius in terms of economy. Mauritius also had a heavily agriculture-based economy in the years leading up to its independence from Britain in 1968. Since gaining independence, Mau...
GDP per capita:$8,600 Third on the list of the richest countries in Africa is Gabon, which is located on Africa’s west coast on the equator. Gabon gained independence from France in 1960, and three presidents have served terms in the country since. Unlike the first two countries on this list, the economy of Gabon is most heavily dependent on its oi...
GDP per capita:$8,070 Most of Equatorial Guinea is located just north of the equator and Gabon on Africa’s west coast. There is also a small insular region that consists of islands in the Gulf of Guinea. Equatorial Guinea is unique in Africa because it is the only country on the continent that uses Spanish as an official language. The economy of Eq...
GDP per capita:$7,820 The fifth-richest country in Africa is Botswana, a landlocked nation in the southern region of the continent. The country is mostly flat, has been inhabited by humans for up to 200,000 years, and gained independence from Britain in 1966. While Botswana is among the richest African countries today, this hasn’t always been the c...
GDP per capita:$5,440 At the farthest southern tip of Africa is South Africa, the sixth-richest African nation. Some things South Africa is known for are its incredible biodiversity, gorgeous landscapes, and complicated history of racial segregation. Some of the major economic industries in South Africa are energy, tourism, and mining. South Africa...
GDP per capita:$4,370 Namibia is a country in Southern Africa that borders South Africa, Botswana, Zambia, and Angola. It is the driest country in sub-Saharan Africa, and its western border traces the Atlantic Ocean. Namibia gained independence from South Africa in 1990 after many years of war in the region, and the economies of the two countries a...
GDP per capita:$3,830 Egypt is located in Africa’s northeasternmost corner, bordering the Mediterranean Sea to the north and the Red Sea to the east. It is a transcontinental country in that its Sinai Peninsula forms a land bridge between the African and Asian continents. Egypt is the third most populous country in Africa and the eighth richest. So...
GDP per capita:$3,710 A small, landlocked country bordered by South Africa and Mozambique in Southern Africa, Eswatini is one of the smallest countries on the continent. It has been fully independent since 1968, and its name was changed to Eswatini from Swaziland in 2018. A lower-middle-income country, Eswatini has a developing economy whose most i...
GDP per capita:$3,680 Tunisia is a country in Northern Africa on the Mediterranean Coast. It borders Algeria and Libya, and its closest non-African country is Italy. The geography of Libya is varied. It has an oceanic coastline, the eastern end of the Atlas Mountains, the northern boundary of the Sahara Desert, and a great deal of arable land. The ...
See the interactive map and the list of the richest countries in Africa based on their GDP per capita. Learn about the factors that contribute to their economic growth and the challenges they face.
Jun 7, 2022 · This article has prepared a list of the 20 African countries with the highest GDP per Capita in 2021. The top 20 list of the Richest Countries in Africa is drafted on the basis of a...
See the top 10 African countries with the highest Gross National Income (GNI) per capita in 2022, based on data from Atlas - The World Bank. Learn about their economic sectors, challenges, and opportunities.
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May 28, 2024 · Business Insider Africa presents the top 10 richest African countries in 2024. This list is courtesy of Global Finance and considers GDP-PPP per capita. Seychelles ranks number 1 on the list,...
