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Country Nominal GDP (Billion US$) Per Capita (US$) 1 South Africa: 373.233 5,974.912 2 Egypt: 347.594 3,224.868 3 Algeria: 266.780 5,721.678 4 Nigeria: 252.738 1,109.899 5 Ethiopia: 205.130 1,909.984 6 Morocco: 152.377 4,077.525 7 Kenya: 104.001 1,983.099 8 Angola: 92.123 2,431.580 9 Côte d'Ivoire: 86.911 2,717.404 10 Tanzania: 79.605 1,220.356
RankCountryNominal Gdp (billion Us$) [1]Per Capita (us$) [1]1373.2335,974.9122347.5943,224.8683266.7805,721.6784252.7381,109.899Country 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]9,490.3355,921.8820241,898.53814,927.5920241,443.7085,852.6120241,025.93015,361.302024Mar 5, 2024 · Ranked: Africa’s Economies by GDP. At first place, South Africa is Africa’s biggest economy in nominal terms, with an estimated GDP of nearly $400 billion. The country’s mining industry is a major contributor to the economy, accounting for nearly 60% of total exports in the first half of 2023.
- Marcus Lu
Jan 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...
- Seychelles
- Mauritius
- Gabon
- Equatorial Guinea
- Botswana
- South Africa
- Namibia
- Egypt
- Eswatini
- Tunisia
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 ...
Sep 22, 2023 · Saifaddin Galal , Sep 22, 2023. Nigeria's GDP amounted to nearly 477.4 billion U.S. dollars in 2022, the highest in Africa. To follow, South Africa's GDP was worth 405.7 billion U.S. dollars...
May 25, 2024 · Of Africa ’s 54 countries, Seychelles currently stands as the richest with a GDP per capita (PPP) of $43,151, in international dollars, as per the 2024 IMF report. Mauritius follows in second, with $32,094, Libya in third with $26,456, Botswana in fourth with $20,097 and Gabon in fifth with $19,452.
