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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]
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...
In this post, we’ll look at the richest countries in Africa and what makes their economies strong. We’ll also examine some of the wealthiest people and cities in Africa. Below is an interactive map that highlights Africa’s richest countries in terms of GDP per capita:
Richest African Countries 2024. Snapshot. Despite widespread poverty and conflict, Africa has fast-growing economies with a potential GDP of $29 trillion by 2050, driven by agriculture, trade, and natural resources. GDP, a key measure of national wealth, shows Nigeria as the richest African country in 2021, primarily due to its large population ...
Top 20 richest African countries based on GDP per capita. Seychelles is the richest country in Africa and was ranked 54th globally with a GDP per capita of $43,151 (about KSh 5,609,630). Mauritius ranked 65th globally with a GDP per capita of $32,094 (about KSh 4,172,220).
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 .
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.
GDP of African countries 2024, by country. South Africa's GDP amounted to just over 373 billion U.S. dollars in 2024, the highest in Africa. Egypt followed, with a GDP worth around 347.6...
Key findings from the data include: Seychelles tops the list of Africa's richest countries by GNI per capita, at $15,874.5. This affluence is likely due to its booming tourism industry and relatively small population. Mauritius comes in second with a GNI per capita of $10,216.3.
With a GDP estimated at $477 billion in 2022, Nigeria is at the top of the ranking of the richest African countries, ahead of Egypt and South Africa.