Africa is one of the largest continents in the world. This continent is home of 53 nation states. Africa is also the poorest continent in the world but still there are some progressing economies in Africa which are wealthiest or richest in Africa. Here is the list of top ten 10 most richest nations or countries in Africa with respect to GDP (Purchasing Power Parity).
 Egypt: The country has a highly developed economy, and she is the first richest country in Africa having 467,600 dollars GDP (PPP). GDP (Nominal) per capita of Egypt is 187.956 billion dollars in 2009, estimated by IMF. Egypt has a developed energy market based on coal, oil, natural gas, and hydro power. Egypt has huge reserves of gas, estimated at 1,940 cubic kilometers, and LNG is exported to many countries. |
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 South Africa is the second richest country of Africa and is ranked 25th in the world in terms of GDP (PPP) as of 2009. GDP (PPP) of South Africa is 403,900 dollars while GDP per capita is 227.379 billion dollars. South Africa is the largest energy producer and consumer on the continent. The country is also a popular tourist destination, and a substantial amount of revenue comes from tourism. Among the main attractions are the diverse and picturesque culture, the game reserves and the highly regarded local wines. |
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 Nigeria is the third richest country of Africa continent having $ 294,800 billions GDP compared on purchasing power parity GDP per capita of Nigeria is 165.437 billion dollars with growing population. Nigeria is currently the 50th largest export market for U.S goods and the 14th largest exporter of goods to the U.S. Nigeria used part of its oil profits to pay the residual 40% freeing up at least $ 1.15 billion annually for poverty reduction programs. |
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 Algeria is the fourth richest country of Africa having $ 268,900 dollars GDP (PPP) while GDP per capita of Algeria is 134.797 billion dollars estimated by IMF in 2009. The fossil fuels energy sector is the backbone of Algeria’s economy, accounting for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings. The country ranks fourteenth in petroleum reserves, containing 11.B billion barrels of proven oil reserves with estimates suggesting that the actual amount is even more. |
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 Morocco is the fifth richest country of Africa continent having $ 127,000 GDP (Purchasing Power parity) in her account whereas GDP per capita is 90.775 billion dollars in 2009. Morocco is the world’s third-largest producer of phosphorus and the price fluctuations of phosphates on the international market greatly influence economy. In the Arab World, Morocco has the second-largest non-oil GDP, behind Egypt. |
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 Angola is one of the fastest growing economy in the world. The country is the sixth richest country of Africa having 93,100 dollars GDP compared on purchasing power parity. The GDP per capita of Angola is 69.708 billion dollars. Anti-corruption watchdog Transparency international rated Angola one of the 10 most corrupt countries in the world. Oil production from Angola now is china’s biggest supplier of oil. |
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 Libya is the seventh richest nation in Africa having 90,600 dollars GDP (purchasing power parity) while GDP per capita of Libya is 60.609 billion dollars. Today, high oil revenues and a small population give Libya one of the highest GDPS per person in Africa. The world Banks defines Libya as an “Upper Middle Economy” along with only seven other African countries. |
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 Sudan is the eight richest country in Africa having 80,500 dollars GDP (PPP) whereas GDP per capita of Sudan is 54,294 billion dollars. Currently oil is Sudan’s main export, and the production is increasing dramatically. Agriculture production remains Sudan’s most important sector, employing 80% of the workforce and contributing 39% of GDP. |
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 Tunisia: In 2008 Tunisia had a GDP of $ 41 billion (official exchange rates) or $ 82 billion on measured purchasing power parity. It also has one of Africa and the Middle East’s highest per capita GDP (PPP) having 76,900 dollars. Tunisia was the first Mediterranean country to sign an association agreement with the European Union. The Agricultural Sector stands for 11.6% of the GDP, industry 25.7% and services 62.8%. |
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 Ethiopia has the biggest economy in east Africa (GDP) as the Ethiopian economy is also one of the fastest growing in the world. GDP (PPP) of Ethiopia is 61,600 dollars and GDP per capita is 33.920 billion Agriculture accounts for almost 41 per cent of the gross domestic product (GDP), 80% of export, and 80% of the labour force. Ethiopia is Africa’s second biggest maize producer. |
Where is Mauritius guys? Your survey is not accurate at all dudes!!!
Where be Uganda?
I reckon Uganda will be here since they’ve found oil.
this is true!!
in wat position z uganda?
is this some kind of jokes? the biggest economy in africa is that of south africa by far? egypt has always been second. ask anyone, egypt’s economy isn’t bigger than that of south africa
lets struggle 4 our continents guys, i mean AFRICA,the resources we have we dont deserve to be the poor continent, conglats to EGYPT GOVERNMENT,
Well Peter according to the World Bank Egypt’s GDP surpassed that of South Africa in 2009…. The biggest economy in AFRICA might still be that of South Africa but not by far! As for you SFS you won’t find Mauritius in this list of “elites” simply because it doesn’t belong there, at least not for now anyway. This isn’t the list of GDP per capita where even the “mighty” South Africa is ranked 76th worldwide whereas Maurituis is ranked 57th, again according to the IMF.
What is shocking and shameful is the fact the net GDP of our continent only accounts for 2.5% of the world’s total GDP. How can such a rich continent produce so little? Poor, corrupted governance? As for you Ugandans you’ll have to wait until the oil that you found starts being pumped before you find yourselves on that list…. As for the people in charge of the site please note that no country in the world officially has a GDP per capita of more than $USD 100,000 so how can a country like Algeria have “… GDP per capita of Algeria is 134.797 billion dollars estimated by IMF in 2009″? you simply mixed all the numbers up. Check out the link bellow for more information.
http://en.wikipedia.org/wiki/List_of_African_countries_by_GDP_(PPP)
what about my kenya
Dennis i was wondering the same thing.
Watch out! ANGOLA is coming. right now we are capable of supplying of to the entire continent plus a huge chunk of the rest of the world.
VIVA ANGOLA!!!!!!!!!!!!!!!!!!!!!!!!
i just don’t understand why is my Nigeria 3rd,Nigeria is the first,please kindly make your corrections fast
there is no truth here at all just full of lies.
come on this is jus old statistics,kenya has the biggest economy in eastern african 9th in africa,i guess wat was more considered here was how much are they trading to western countries,come on wat about to asia,middle east and the rest of the world,
DUE TO CORRUPTION AND INDECENCY UGANDA IS A DREAM GUYS WATCH OUT
CIA World fact book – https://www.cia.gov/library/publications/the-world-factbook/
1.South Africa
GDP(PPP) $527.5 billion (2010 est.)
GDP(Nominal) $354.4 billion (2010 est.)
2.Egypt
GDP(PPP) $500.9 billion (2010 est.)
GDP(Nominal) $216.8 billion (2010 est.)
3.Nigeria
GDP(PPP) $369.8 billion (2010 est.)
GDP(Nominal) $206.7 billion (2010 est.)
and by the way
Uganda
GDP (PPP) $41.7 billion (2010 est.)
GDP (Nominal) $17.12 billion (2010 est.)
World Ranks:
South Africa 26
Egypt 27
Nigeria 32
Uganda 96
I think ethiopia began to grow with her african brothers.
ur nigeria gut nothing my friend. south africa is the 1. south africa have everything. u name it
wow!am suprised sudan is the eight’s richest country in africa.
ehhhh people.Africa is the richest continent in the world but still we produce very little.can someone tell me y is tht happening. ok, i heard,yet still rumours to me that united states of africa may take off by 2017.is that a great idea? will that be possible,with this power hungry dictators ,politicians and presidents in our countries.well im from south africa and im happy to be here and very proud xshly im blessed to be a south african,and i just wish that if this happens,it must work the way that anybody will expect it to, which is good.well we far from being like us.america.bt ey this myt bring a change.and guys stop crying of y ur country is not in the list.
i think we are far from a US of Africa… and if that kicks of we will probably use the same curency. Sorry to say but africa’s economys cant do that.. not vs the currency of countries like south africa and botswana.
The reason that africa cant use the resources is because africa lacks infrastructure (most african countries have infrastructure built in the time they were colonies).
Bad leadership, in the sense of corruption, is to blame for all of africa’s problems.
Zimbabwe being the prime example had the second biggest economy in africa and now that has gone to waste, just be cause a leader only thought of himself and his elites.
South africa has the infrastructure it has because it needed to be secure and controlable (these reasons i dont need to mention).
For the countries in africa to change, the people must change, it cannot be forced
Nice conversation guys! I could feel the zeal for Africa as a continent and your respective countries.
Is there any African firm, which has offices (manufacturing and not just operation) across globe? Can someone share the link.
Also, is there any centre (incubation) which assist students in staring new ventures?
kind regards,
Amit (India)
i am with my countries position (Ethiopia)
LOOK THOSE WHO THINK ETHIOPIA IS POOR. SEE FROM THIS REALITY THAT YOU ARE WRONG. THANK U MELES
Nigeria is d rechest in Africa because we don’t live in credits
This is not a logic scientific classification !!!!
Richest doesn’t mean better life this makes Egypt and south Africa richer than Monaco in Europe ! where people enjoy the finest lifestyle.
we should consider classification per capital not per GDP.
Egypt and Nigeria with 80 million people have indeed higher GDP but per people are very poor. in the other had, Libya have only 6 million people and enjoy the highest per capital income.
meaning, Libyans are the richest and Nigerians are the poorestin the list
in a simple word classification should be
1 Libya
2-South Africa
3 Tunisia
4 Algeria
5 Morocco
6 Angola
7 Egypt
8 Etheopia
This survey is not accurate because Nigeria should be enlisted because
corruption is much.
I was asking about what cities in Africa are the richest. Many years ago I had some relatives that traveled to Africa quite often with a Baptist Church. I had heard that off the people in Africa are considered as wealthy people.
ce classement ma l’air umpeu nimporte quoi ,
l’egypt est loin deriére l afrique du sud et l algerie bon voila le bon classement selon moi :
1- afrique du sud
2-Algerie
3-Egypt
4-Nigeria
5-la Lybie
6-Maroc
7-soudan
apres ils sont a peut pret tous les méme
Yeah well people in Libya sure doesn’t have richer live styles, haha. But still economy wise Libya isn’t that well off. Considering its not that diversified. Like nigeria all their money comes from oil which isn’t that stable.
and also logic scientific???? haha those don’t mix by the way. Economy has nothing to do wih both. Also by GDP (PPP)per capita
whatz tha f***…from 9ja,all these bullshit people are struggling with who gad the higher G D P..OK, WE have the resources, what have your god damn leader did to you guys?rite, connect ya brain to see how this suking continent will move.
The only different between the westerner and us is that it snows to there side and it does not on our side but with our money and riches we can use AC in the whole of Africa God had bless Africa, do you know why? it is because 95% of African believe that there is a God who created man and that there is His son who is Jesus that is why we are free from many thing but we don;t understand it but just think, Nature Deserter, like earth quick.etc we are bless. They come and bring war amount us so that they can take away our resources to there country, African we need to stand and fight for our self may God give us understanding…..