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]

The 2024 estimates are as follows: ^[1]

Rank	Country	Nominal GDP (Billion US$) [1]	Per Capita (US$) [1]
1	South Africa	373.233	5,975
2	Egypt	347.594	3,225
3	Algeria	266.780	5,722
4	Nigeria	252.738	1,110
5	Ethiopia	205.130	1,910
6	Morocco	152.377	4,078
7	Kenya	104.001	1,983
8	Angola	92.123	2,432
9	Côte d'Ivoire	86.911	2,717
10	Tanzania	79.605	1,220
11	Ghana	75.244	2,230
12	Democratic Republic of the Congo	73.761	715
13	Uganda	56.310	1,202
14	Tunisia	54.708	4,435
15	Cameroon	53.205	1,815
16	Libya	48.221	6,975
17	Senegal	35.450	1,900
18	Zimbabwe	34.405	2,088
19	Zambia	29.872	1,413
20	Sudan	26.865	547
21	Guinea	25.447	1,651
22	Mozambique	22.975	659
23	Burkina Faso	21.902	910
24	Mali	21.662	899
25	Botswana	21.418	7,875
26	Benin	21.371	1,512
27	Gabon	21.013	9,308
28	Niger	18.816	670
29	Chad	18.697	1,014
30	Madagascar	16.465	538
31	Mauritius	16.359	12,973
32	Republic of Congo	15.501	2,457
33	Rwanda	13.701	989
34	Somalia	12.804	776
35	Namibia	12.765	4,745
36	Malawi	11.241	481
37	Equatorial Guinea	10.708	6,733
38	Mauritania	10.628	2,347
39	Togo	9.832	1,058
40	South Sudan	6.517	422
41	Eswatini	5.085	4,324
42	Liberia	4.754	855
43	Sierra Leone	4.558	527
44	Djibouti	4.364	4,184
45	Burundi	3.075	230
46	Central African Republic	2.810	538
47	Cabo Verde	2.718	4,656
48	The Gambia	2.694	989
49	Lesotho	2.395	1,107
50	Seychelles	2.203	21,875
51	Guinea-Bissau	2.151	1,087
52	Eritrea	1.982 (2019)	567 (2019)
53	Comoros	1.422	1,384
54	São Tomé and Príncipe	0.751	3,167
--	Total	2,819.317	1,942.307

See also

• List of African countries by GDP (PPP)
• List of African countries by Human Development Index somaliland

References

[[Category:Economy of Africa