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. 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.[1] 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.[2]

Some countries may have citizens that are on average wealthy. These countries/regions could appear in this list as having a small GDP. This would be because the country/region listed has a small population, and therefore small total economy; the GDP is calculated as the population times market value of the goods and services produced per person in the country.[3][4]

These figures should therefore be used with caution.

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.[5] On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.[6]

Map of Africa by 2020 nominal GDP (billions USD):

  >200

  100–200

  50–100

  20–50

  10–20

  5–10

  1–5

  <1

Map of Africa by 2020 nominal GDP per capita (USD)

The 2020 estimates are as follows:[7][8][9][10]

Rank	Country	Nominal GDP ($ billions)	Nominal GDP per capita (US$)
1	Nigeria	442.976	2,148.91
2	South Africa	361.875	6,001.40
3	Egypt	282.588	4,735.75
	EAC	220.640	1184.87
4	Algeria	147.323	3,331.08
5	Morocco	112.220	3,121.38
6	Kenya	101.048	2,075.22
7	Ethiopia	95.588	974.09
8	Ghana	67.337	2,187.79
9	Tanzania	64.123	1,105.55
10	Angola	62.724	2,021.31
11	Côte d'Ivoire	61.502	2,281.42
12	Democratic Republic of the Congo	46.062	456.89
13	Tunisia	39.226	3,295.45
14	Cameroon	39.036	1,493.12
15	Uganda	37.733	915.35
16	Sudan	32.576	734.60
17	Senegal	24.409	1,455.47
18	Libya	21.805	3,282.04
19	Zambia	18.909	1,001.44
20	Mali	17.685	899.22
21	Burkina Faso	16.082	768.83
22	Botswana	15.872	6,557.51
23	Benin	15.292	1,258.92
24	Gabon	15.145	7,185.42
25	Mozambique	14.557	455.01
26	Guinea	14.238	1,019.41
27	Madagascar	14.199	514.85
28	Zimbabwe	14.002	921.85
29	Niger	12.971	535.83
30	Mauritius	11.341	8,950.70
31	Chad	10.510	639.85
32	Rwanda	10.428	823.40
33	Namibia	10.252	4,051.93
34	Equatorial Guinea	10.028	7,131.16
35	Republic of Congo	9.964	2,128.23
36	Malawi	8.330	399.10
37	Mauritania	7.428	1,790.95
38	Togo	5.719	690.28
39	Somalia	4.918
40	South Sudan	4.177	303.15
41	Sierra Leone	4.140	518.47
42	Eswatini	3.848	3,414.81
43	Djibouti	3.408	3,074.33
44	Burundi	3.131	263.67
45	Liberia	3.068	653.60
46	Somaliland	2.5	950
47	Central African Republic	2.321	480.49
48	Eritrea	2.075	585.16
49	Lesotho	1.906	924.21
50	Cape Verde	1.870	3,358.33
51	The Gambia	1.806	746.33
52	Guinea-Bissau	1.392	766.75
53	Comoros	1.200	1,336.95
54	Seychelles	1.198	12,322.59
55	São Tomé and Príncipe	0.417	1,911.89
--	Total	2,333.978