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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 ]
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.
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.
At the bottom of the list, South Africa had a growth rate of 0.1% while Equatorial Guinea’s economy had receded with a rate of -1.8%. World Bank estimates for 2022 presented a different picture, with Niger leading economic growth at 11.5%, South Sudan receding at a rate of -10.8% and the continent as a whole seeing an average of 4.2% growth. [3]
List of African countries by GDP may refer to: List of African countries by GDP (nominal) List of African countries by GDP (PPP) ...
The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. As of 2019, approximately 1.3 billion people [19] were living in 53 countries in Africa. Africa is a resource-rich continent. [20] [21] Recent growth has been due to growth in sales, commodities, services, and manufacturing. [22]
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.
Region Rate Africa: 3.2 Asia and Oceania: 4.4 Australia and New Zealand: 1.7 Caribbean: 9.8 Central America: 3.8 Central Asia and the Caucasus: 4.1 East Asia: 4.2 Eastern Europe: 1.6 Europe: 1.0