Richest Countries In Africa Based On Gdp

September 07, 2021 Posting Komentar

Based on GDP values from International Monetary Fund in 2021 the following are is the ranking of African richest countries. 55 Zeilen When looking at GDP per capita gross domestic product per person the richest countries.

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7 Ethiopia 9397 Billion Ethiopia is the best known for coffee and honey production in Africa making the countrys largest source.

Richest countries in africa based on gdp. Based on the current GDP Nigeria is the richest country. 2020 Belarus more Europe. Most of the earning comes from agriculture fish different kinds of seafood and tourism sectors.

Considered the richest African country in terms of GDP per capita Equatorial Guinea maintains a GDP PPP per capita of 22710. Notably the countries on this list of richest African countries are ranked based on GDP Per Capita. 2020 Ghana more Africa.

Also in the north Algeria places in fourth with a GDP more than twice as big at 2278 billion. With a GDP of slightly more than 1126 billion Morocco in North Africa makes number five on the list driven by mining and manufacturing and supplemented by a booming tourism sector. Gross domestic product GDP is calculated as total values of goods and services produced by a given country decided by its population.

2020 Ivory Coast more Africa. Its 160-million people have helped the country propel itself to be the largest consumer retailer in Africa along with its petroleum exports. The total GDP of the country is nearly 120 Billion.

1 Nigeria Richest Country in Africa As of the end of 2019 Nigeria holds the position of the richest country in Africa with a GDP of almost 600B USD. 2020 Costa Rica more Americas. Morocco is a top-listed African rich country and with a persistently increasing GDP.

With plenty of natural resources Nigeria is the leading producer in Africa in terms of GDP output. Nigerias GDP amounted to 443 billion US. South Africa Richest Countries In Africa.

2020 Panama more Americas. 2020 Tanzania more Africa. Dollars in 2020 and records the highest gross domestic product in Africa.

636am On Jun 19. It is one of the highest income-generating Arab countries that are not oil-based. Meanwhile the country enjoys favourable economic standards under the influence of a low population and vast deposits of oil.

Dollars and ranks as the second-highest. Nigeria is a powerhouse of economy and development compared to its neighbours. Seychelles is still the richest country in Africa 2021 with a per capita income of 34865 using Gross Domestic Product GDP per capita based on purchasing power parity PPP.

With an abundance of natural resources some of the countrys biggest exports include oil cocoa and rubber. And 4 of the top 10 richest countries are Landlocked. SA was Africas largest economy until it was recently displaced by Nigeria.

To determine a countrys GDP Per Capita for a specified year we have to. With a properly diversified economy SA is one of the countries with the most developed economies on the continent. 10 Richest Countries In Africa Based On GDP Per Capita Value Including Nigeria by Isobug.

397472 billion USD Capital. Egypts GDP was worth 362 billion US. Same thing applies in Europe Switzerland and Luxembourg are the Richest countries and both countries are heavily Landlocked.

All figures are from the 2020 International Monetary Fund IMF data. Nigeria is currently the most highly populated country in Africa with a population of more than 190 million inhabitants.

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