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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]
The GDP (PPP) of the dependent or integral territories of France, Italy, Malta, Portugal, Spain, the United Kingdom and Yemen within the African continent are not included in this list.
GDP (PPP) means gross domestic product based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
Advanced economies: 1.5 Emerging and Developing Asia: 5.2 Emerging and Developing Europe: 2.4 Emerging market and developing economies: 4.0 Euro area: 0.7 European Union: 0.7 Latin America and the Caribbean: 3.4 Major advanced economies (G7) 1.5 Middle East and Central Asia: 2.0 Other advanced economies: 1.8 Sub-Saharan Africa: 3.3 World 3.0
This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [ 1 ]
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 ...
On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. The following lists summarise the GDP (nominal) of each continent by adding GDP (nominal) of each nation as per the seven-continent model, sorted by USD. The first list includes 2024 data estimates n1 for members of the International Monetary Fund.