List of African countries by GDP (nominal)

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%)
RankCountryNominal GDP(million US$)[1]Population[1]Per capita(US$)[1]
1South Africa479,96463,970,0007,503
2Egypt429,645110,058,0003,904
3Nigeria377,365242,578,0001,556
4Algeria317,17347,851,0006,628
5Morocco194,33338,050,0005,107
6Angola152,35440,584,0003,754
7Kenya147,26554,269,0002,714
8Democratic Republic of the Congo123,406110,020,0001,122
9Ethiopia121,527112,370,0001,081
10Ghana118,29335,698,0003,314
11Côte d'Ivoire112,11533,838,0003,313
12Tanzania94,88969,653,0001,362
13Uganda73,37049,706,0001,476
14Cameroon65,13530,646,0002,125
15Tunisia60,74512,415,0004,893
16Zimbabwe56,71317,728,0003,199
17Libya52,4537,534,0006,962
18Sudan44,68851,729,000864
19Zambia41,24322,522,0001,831
20Senegal40,46919,700,0002,054
21Mali33,84726,020,0001,301
22Burkina Faso32,51324,648,0001,319
23Guinea29,93016,198,0001,848
24Benin27,78615,357,0001,809
25Chad25,62819,491,0001,315
26Niger24,81330,204,000822
27Gabon23,3632,356,0009,918
28Mozambique23,27536,826,000632
29Botswana21,9372,584,0008,490
30Madagascar21,18532,319,000656
31Malawi18,15224,750,000733
32Rwanda17,33614,471,0001,198
33Namibia17,3143,107,0005,573
34Mauritius17,1191,239,00013,812
35Republic of Congo17,0286,668,0002,554
36Mauritania14,3524,732,0003,033
37Somalia14,17417,438,000813
38Equatorial Guinea13,7221,683,0008,152
39Togo13,43710,020,0001,341
40Sierra Leone8,2709,002,000919
41Burundi8,13714,903,000546
42South Sudan6,06912,436,000488
43Eswatini5,7921,176,0004,927
44Liberia5,6425,854,000964
45Djibouti4,7251,069,0004,421
46Central African Republic3,4925,699,000613
47Cabo Verde3,448517,0006,670
48Guinea-Bissau2,9852,060,0001,449
49Lesotho2,9722,394,0001,241
50The Gambia2,7922,930,000953
51Seychelles2,251127,00017,675
52Eritrea1,982 (2019)3,497,000 (2019)567 (2019)
53Comoros1,814930,0001,951
54São Tomé and Príncipe1,161245,0004,739
--Total3,119,4161,523,869,0002,047

See also

References

  1. 123456"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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