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What is the richest country in Africa? Nigeria is the richest country in Africa when measured by GDP. Egypt is the richest country in Africa by total GDP when that GDP is calculated in PPP-adjusted international dollars, however.
Country GDP (PPP) GDP per capita Peak year Africa: 9,490.335: 5,921.88: 2024 Egypt: 1,898.538: 14,927.59: 2024 Nigeria: 1,443.708: 5,852.61: 2024 South Africa: 1,025.930: 15,361.30: 2024 Algeria: 768.521: 16,438.44: 2024 Ethiopia: 431.688: 3,407.21: 2024 Morocco: 409.073: 9,041.24: 2024 Kenya: 365.854: 6,061.42: 2024 Angola: 270.981: 7,359.58 ...
CountryGdp (ppp)Gdp Per CapitaPeak YearAfrica [2]9,490.3355,921.8820241,898.53814,927.5920241,443.7085,852.6120241,025.93015,361.302024People also ask
Which is the richest country in Africa?
Which African countries are the richest in 2024?
What are Africa's wealthiest countries ranked in order of GDP per capita?
Which African country has the highest GDP?
- Seychelles. 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.
- Mauritius. 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.
- Gabon. 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.
- Equatorial Guinea. GDP per capita: $8,070. Most of Equatorial Guinea is located just north of the equator and Gabon on Africa’s west coast. There is also a small insular region that consists of islands in the Gulf of Guinea.
Country Nominal GDP (Billion US$) Per Capita (US$) 1 South Africa: 373.230 3,770.133 2 Egypt: 347.594 1,755.326 3 Algeria: 266.780 6,190.742 4 Nigeria: 252,738 4,874.706 5 Ethiopia: 155.804 1,473.360 6 Morocco: 147.343 3,979.871 7 Kenya: 112.749 2,188.000 8 Angola: 93.796 2,550.001 9 Tanzania: 84.033 1,326.634 10 Ivory Coast: 79.430
RankCountryNominal Gdp (billion Us$) [6] [7]Per Capita (us$) [6] [7]1373.2303,770.1332347.5941,755.3263266.7806,190.7424252,7384,874.706Jan 24, 2024 · When you go by GDP per capita PPP, these 10 African countries come up as the richest as of January 24, 2024. Mauritius, Libya, and Botswana lead the list with the highest GDP-PPP per capita...
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...
Jul 18, 2023 · The following is the list of Africa's wealthiest nations ranked in order of GDP Per Capita (PPP). This metric is the best for accurately representing a countries wealth because it avoids outliers like tax-havens while considering the effect of inflation and the average price of goods on citizens.