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List of African countries by GDP (nominal)

From Wikipedia, the free encyclopedia

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] 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] 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.[3]

Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP.[4] On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.[5]

Map of Africa by 2020 nominal GDP (billions USD):
  >200
  100–200
  50–100
  20–50
  10–20
  5–10
  1–5
  <1

The 2026 estimates are as follows:[1]

GDP (nominal) of Africa 2026[1]
  1. South Africa (15.4%)
  2. Egypt (13.8%)
  3. Nigeria (12.1%)
  4. Algeria (10.2%)
  5. Morocco (6.20%)
  6. Angola (4.90%)
  7. Kenya (4.70%)
  8. Democratic Republic of the Congo (4.00%)
  9. Ethiopia (3.90%)
  10. Ghana (3.80%)
  11. Other countries (21.0%)
Rank Country Nominal GDP
(million US$)[1]
Population[1] Per capita
(US$)[1]
1 South Africa 479,964 63,970,000 7,503
2 Egypt 429,645 110,058,000 3,904
3 Nigeria 377,365 242,578,000 1,556
4 Algeria 317,173 47,851,000 6,628
5 Morocco 194,333 38,050,000 5,107
6 Angola 152,354 40,584,000 3,754
7 Kenya 147,265 54,269,000 2,714
8 Democratic Republic of the Congo 123,406 110,020,000 1,122
9 Ethiopia 121,527 112,370,000 1,081
10 Ghana 118,293 35,698,000 3,314
11 Côte d'Ivoire 112,115 33,838,000 3,313
12 Tanzania 94,889 69,653,000 1,362
13 Uganda 73,370 49,706,000 1,476
14 Cameroon 65,135 30,646,000 2,125
15 Tunisia 60,745 12,415,000 4,893
16 Zimbabwe 56,713 17,728,000 3,199
17 Libya 52,453 7,534,000 6,962
18 Sudan 44,688 51,729,000 864
19 Zambia 41,243 22,522,000 1,831
20 Senegal 40,469 19,700,000 2,054
21 Mali 33,847 26,020,000 1,301
22 Burkina Faso 32,513 24,648,000 1,319
23 Guinea 29,930 16,198,000 1,848
24 Benin 27,786 15,357,000 1,809
25 Chad 25,628 19,491,000 1,315
26 Niger 24,813 30,204,000 822
27 Gabon 23,363 2,356,000 9,918
28 Mozambique 23,275 36,826,000 632
29 Botswana 21,937 2,584,000 8,490
30 Madagascar 21,185 32,319,000 656
31 Malawi 18,152 24,750,000 733
32 Rwanda 17,336 14,471,000 1,198
33 Namibia 17,314 3,107,000 5,573
34 Mauritius 17,119 1,239,000 13,812
35 Republic of Congo 17,028 6,668,000 2,554
36 Mauritania 14,352 4,732,000 3,033
37 Somalia 14,174 17,438,000 813
38 Equatorial Guinea 13,722 1,683,000 8,152
39 Togo 13,437 10,020,000 1,341
40 Sierra Leone 8,270 9,002,000 919
41 Burundi 8,137 14,903,000 546
42 South Sudan 6,069 12,436,000 488
43 Eswatini 5,792 1,176,000 4,927
44 Liberia 5,642 5,854,000 964
45 Djibouti 4,725 1,069,000 4,421
46 Central African Republic 3,492 5,699,000 613
47 Cabo Verde 3,448 517,000 6,670
48 Guinea-Bissau 2,985 2,060,000 1,449
49 Lesotho 2,972 2,394,000 1,241
50 The Gambia 2,792 2,930,000 953
51 Seychelles 2,251 127,000 17,675
52 Eritrea 1,982 (2019) 3,497,000 (2019) 567 (2019)
53 Comoros 1,814 930,000 1,951
54 São Tomé and Príncipe 1,161 245,000 4,739
-- Total 3,119,416 1,523,869,000 2,047

See also

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References

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  1. ^ a b c d e f "Data Explorer". data.imf.org. Retrieved 4 May 2026.
  2. ^ Moffatt, Mike. "A Beginner's Guide to Purchasing Power Parity Theory". About.com. IAC/InterActiveCorp. Archived from the original on 1 March 2017. Retrieved 31 May 2014.
  3. ^ Ito, Takatoshi; et al. (January 1999). "Economic Growth and Real Exchange Rate: An Overview of the Balassa-Samuelson Hypothesis in Asia" (PDF). Changes Rates in Rapidly Development Countries: Theory, Practice, and Policy Issues. National Bureau of Economic Research. Retrieved 1 June 2014.
  4. ^ Callen, Tim (28 March 2012). "Purchasing Power Parity: Weights Matter". Finance & Development. International Monetary Fund. Retrieved 30 May 2014.
  5. ^ Callen, Tim (28 March 2012). "Gross Domestic Product: An Economy's All". Finance & Development. International Monetary Fund. Retrieved 31 May 2014.

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