What are the 10 largest economies in Africa?

What are the 10 largest economies in Africa?

Richest African Countries by GDP

  • Nigeria – $514.05 billion.
  • Egypt – $394.28 billion.
  • South Africa – $329.53 billion.
  • Algeria – $151.46 billion.
  • Morocco – $124 billion.
  • Kenya – $106.04 billion.
  • Ethiopia – $93.97 billion.
  • Ghana – $74.26 billion.

Which country has the highest GDP in Africa 2020?

TOP 10 RICHEST AFRICAN COUNTRIES IN 2020 RANKED BY GDP & PRIMARY EXPORTS

  • 1 | NIGERIA – THE RICHEST COUNTRY IN AFRICA (GDP: $446.543 Billion)
  • 2 | SOUTH AFRICA (GDP: $358.839 Billion)
  • 3 | EGYPT (GDP: $302.256 Billion)
  • 4 | ALGERIA (GDP: $172.781 Billion)
  • 5 | MOROCCO (GDP: $119,04 Billion)
  • 6 | KENYA (GDP: $99,246 Billion)

What is the richest country in Africa Top 20?

5 days ago
Which country is the richest in Africa?

  1. Nigeria – $480.482 billion. Nigeria is the highest petroleum production country in Africa.
  2. South Africa – $415.315 billion.
  3. Egypt – $396.328 billion.
  4. Algeria – $163.812 billion.
  5. Morocco – $126.035 billion.
  6. Kenya – $109.491 billion.
  7. Ethiopia – $92.757 billion.
  8. Ghana – $75.487 billion.

Which country is richest in Africa?

7,172.782
List

Region Rank Country Peak value of GDP (PPP) as of 2021 Billions of International dollars
Africa 7,172.782
1 Egypt 1,381.057
2 Nigeria 1,136.795
3 South Africa 861.929

Which country is the giant of Africa 2021?

Nigeria
Nigeria is often referred to as the Giant of Africa owing to its large population and economy and is considered to be an emerging market by the World Bank.

Who has the highest GDP in Africa?

Well, that’s mainly because of the size of its GDP. Nigeria has the highest GDP in Africa, standing at $514.05 billion in 2021.

Which country is Africa super power?

As of 2021, Egypt was considered the most powerful African country by its conventional fighting capacity, achieving a score of 0.22. The country also placed 13th in the global military power ranking.

Which country is most developed in Africa?

Mauritius
The island country of Mauritius is Africa’s most developed country with an HDI of . 804, which just clears the “very high human development” threshold. Mauritius boasts a life expectancy of 75 years and a literacy rate of 91.3%, and is known for its advanced economy and free heath care and schooling.

Which country has lowest GDP?

Burundi
In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia….The 20 countries with the lowest gross domestic product (GDP) per capita in 2020 (in U.S. dollars)

Characteristic GDP per capita in U.S. dollars
Burundi 253.59

Which currency is the highest in Africa?

Libyan dinar
As of 1 March 2019, the Libyan dinar (LYD) has the strongest currency in Africa.

Which are the five countries with the lowest GDP?

Kiribati. Kiribati has a population of slightly over 100,000 people and a GDP of$167 million.

  • Marshall Islands. The Marshall Islands is located in the Pacific Ocean near the equator.
  • Palau.
  • Federated states of Micronesia.
  • São Tomè and Prìncipe.
  • Tonga.
  • Dominica.
  • Comoros.
  • Vanautu.
  • St.
  • Which has the strongest economy in Africa?

    South Africa which has always been revered as the top economy in Africa was again beaten to second place by Nigeria in 2018. The southern African state had its GDP valued at approximately $358 billion. In the recent past, South Africa’s economy has been struggling.

    Which are the fastest growing countries in Africa?

    Guyana. With a projected growth rate of 16.3% during the four-year period 2018-2021,Guyana is the fastest growing economy in the world.

  • Ethiopia. With a GDP size of$80.28 billion (2018 Rank: 70),Ethiopia is the fastest growing economy in Africa and the second fastest growing economy in the world.
  • Rwanda.
  • Bangladesh.
  • India.
  • What countries have low GDP?

    Many island nations feature on the list of countries with the lowest GDPs . The British Commonwealth nation of Tuvalu is the lowest with a GDP of US$43 million, followed by the Micronesian island of Nauru at $114 million and the Marshall Islands at $205 million.

    Begin typing your search term above and press enter to search. Press ESC to cancel.

    Back To Top