In this article, we will explore various facets of List of African countries by GDP (nominal), delving into its importance, implications and relevance in the _var2 field. From its origins to its current evolution, List of African countries by GDP (nominal) has played a fundamental role in _var3, greatly influencing _var4. Throughout this analysis, we will examine the different perspectives that have emerged around List of African countries by GDP (nominal), considering its effects on _var5 and its impact on _var6. With a critical and detailed look, we will delve into the most relevant aspects of List of African countries by GDP (nominal), discovering its connections with _var7 and its potential for _var8. Through this journey, we seek to expand the understanding about List of African countries by GDP (nominal) and its implication in today's world.
This article needs to be updated.(April 2024) |
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. 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.
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. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.
The 2023 estimates are as follows:
Rank | Country | Nominal GDP (Billion US$) |
Per Capita (US$) |
---|---|---|---|
1 | South Africa | 373.230 | 6,010.133 |
2 | Egypt | 347.594 | 3,255.326 |
3 | Algeria | 266.780 | 4,875.742 |
4 | Nigeria | 252.738 | 1,755.706 |
5 | Ethiopia | 155.804 | 1,473.360 |
6 | Morocco | 147.343 | 4,078.871 |
7 | Kenya | 112.749 | 2,188.000 |
8 | Angola | 93.796 | 2,550.001 |
9 | Tanzania | 84.033 | 1,326.634 |
10 | Ivory Coast | 79.430 | 2,728.079 |
11 | Ghana | 76.628 | 2,328.970 |
12 | Democratic Republic of the Congo | 67.512 | 675.477 |
13 | Uganda | 52.390 | 1,163.034 |
14 | Tunisia | 51.271 | 4,190.603 |
15 | Cameroon | 49.262 | 1,721.954 |
16 | Zimbabwe | 41.424 | 2,005.875 |
17 | Libya | 40.194 | 5,872.222 |
18 | Senegal | 31.141 | 1,714.653 |
19 | Zambia | 29.536 | 1,435.890 |
20 | Sudan | 25.569 | 533.845 |
21 | Guinea | 23.205 | 1,542.757 |
22 | Mozambique | 21.936 | 647.135 |
23 | Mali | 21.309 | 912.643 |
24 | Burkina Faso | 20.785 | 888.029 |
25 | Botswana | 20.756 | 7,758.371 |
26 | Benin | 19.940 | 1,449.112 |
27´ | Gabon | 19.319 | 8,831.823 |
28´ | Niger | 17.073 | 630.800 |
29´ | Madagascar | 15.763 | 529.560 |
30* | Mauritius | 14.819 | 11,751.506 |
31´ | Republic of Congo | 14.407 | 2,857.614 |
32 | Rwanda | 13.927 | 1,031.692 |
33 | Malawi | 13.176 | 579.701 |
34 | Namibia | 12.647 | 4,785.679 |
35 | Chad | 12.596 | 702.845 |
36´ | Somalia | 11.515 | 717.406 |
37 | Mauritania | 10.357 | 2,337.914 |
38’ | Equatorial Guinea | 10.041 | 6,502.187 |
39´ | Togo | 9.111 | 1,004.466 |
40´ | South Sudan | 6.267 | 417.438 |
41 | Liberia | 4.347 | 800.213 |
42´ | Djibouti | 3.873 | 3,761.241 |
43 | Sierra Leone | 3.519 | 414.962 |
44* | Burundi | 3.190 | 245.811 |
45´ | Central African Republic | 2.760 | 539.240 |
45* | Cape Verde | 2.598 | 4,502.784 |
46´ | The Gambia | 2.388 | 903.293 |
47* | Seychelles | 2.085 | 20,889.545 |
48´ | Guinea-Bissau | 1.991 | 1,028.223 |
49´ | Eritrea | 1.982 (2019) | 566.731 (2019) |
51* | Comoros | 1.364 | 1,377.022 |
-- | Total | 2,869.235 | 2,029.242 |