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List of African countries by GDP – Nigeria is the Biggest Economy, followed by SA and Egypt

January 19, 2022 by Admin Leave a Comment

“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. 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.[1] Such fluctuations may change a country’s ranking from one year to the next, even though they often make little or no difference to the standard of living of its population.

RankCountryNominal GDP
(billions US$)
Nominal GDP per capita (US$)
1 Nigeria480.482,272.84
2 Egypt396.333,974.75
3 South Africa329.606,102.17
4 Algeria163.813,638.33
5 Morocco126.043,470.80
6 Kenya109.492,198.59
7 Ethiopia92.76939.51
8 Ghana75.492,413.10
9 Angola70.342,200.68
10 Tanzania69.241,159.19
11 Ivory Coast68.842,489.10
12 Democratic Republic of the Congo54.83593.56
13 Cameroon44.811,645.81
14 Uganda43.241,018.44
15 Tunisia42.733,555.59
16 Sudan35.92789.45
17 Senegal27.581,602.90
18 Libya27.304,068.61
19 Zimbabwe25.791,664.76
20 Zambia21.701,115.27
21 Burkina Faso19.93926.20
22 Mali19.56966.14
23 Gabon18.298,569.22
24 Benin18.071,446.83
25 Botswana17.617,349.88
26 Guinea16.721,168.18
27 Mozambique15.83429.27
28 Niger15.64622.23
29 Madagascar14.10498.68
30 Republic of Congo12.742,655.72
31 Equatorial Guinea12.538,625.76
32 Chad12.35729.84
33 Namibia12.214,693.46
34 Malawi12.15565.80
35 Mauritius11.008,681.61
36 Rwanda10.40802.26
37 Mauritania9.162,161.28
38 Togo8.491,000.44
39 Somalia5.42350.36
40 Eswatini4.523,965.43
41 Sierra Leone4.41541.06
42 Djibouti3.653,654.5
43 Liberia3.38703.41
44 South Sudan3.26230.13
45 Burundi3.19261.05
46 Central African Republic2.59525.91
47 Lesotho2.481,187.51
48 Eritrea2.25625.97
49 The Gambia2.04746.33
50 Cape Verde1.893,346.55
51 Guinea-Bissau1.59858.04
52 Seychelles1.2913,140.37
53 Comoros1.281,390.06
54 São Tomé and Príncipe0.532,392.89
—Total2,692.592,469.66

Filed Under: Articles Tagged With: Nigeria

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