African Countries Ranked by 2024 GDP

Here is a comprehensive overview of African countries ranked by their economic output and wealth, based on the latest available data for 2024. The rankings are presented in three categories:
1. Nominal GDP: Reflects the total market value of goods and services produced, measured in current U.S. dollars.
2. GDP (Purchasing Power Parity – PPP): Adjusts for cost of living differences, offering a more accurate comparison of economic productivity and living standards.
3. GDP per Capita (PPP): Indicates the average economic output per person, adjusted for purchasing power, providing insight into individual wealth levels.

🌍 Top African Countries by Nominal GDP (2024)

According to the International Monetary Fund (IMF), the leading African economies by nominal GDP are:
1. Egypt: $398 billion
2. Nigeria: $390 billion
3. South Africa: $380 billion
4. Algeria: $266 billion
5. Ethiopia: $156 billion
6. Morocco: $152 billion
7. Kenya: $110 billion
8. Angola: $105 billion
9. Tanzania: $85 billion
10. Côte d’Ivoire: $80 billion

Post Views: 82