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Countries in Africa are sorted according to data from the International Monetary Fund. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. [2]
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.
This is a list of African countries by Gross Domestic Product (GDP) per capita based on purchasing power parity (PPP). GDP (PPP) per capita is given in international dollars. Note that the list excludes overseas departments Mayotte and Réunion (France), both west of Mauritius.
As of December 2024, South African billionaire Johann Rupert is the richest person in Africa, and the African countries with the most billionaires are South Africa (6), Egypt (5), Nigeria (4), and Morocco (2). Algeria, Tanzania and Zimbabwe each have one billionaire. [3]
The IMF ranks the world's countries according to their GDP based on purchasing power parity (PPP) per capita.
40. St. Kitts and Nevis. GDP per capita: $19,896.50 St. Kitts and Nevis is an island nation that is part of the British Commonwealth, with its own federal parliamentary democracy.
Economic growth in the early 2020s According to 2024 estimates by the African Development Bank Group, African countries are projected to account for more than half of the world fastest growing economies; in particular, Niger, Senegal, Libya and Rwanda are expected to grow at the fastest rate of over 7% per year. Estimates of Real Gross Domestic Product (GDP) growth rate in 2023 show that most ...
The economic strength of nations is typically measured by Gross Domestic Product (GDP). By this measure, the U.S. is still No. 1 and when China passed Japan in August to become the second ...