Rich African Countries Ranking
The Central African Republic for example is the second-poorest country in Africa and has a population of 47 million people and a life expectancy of 529 years. Many of the poorest countries in Africa are also among the poorest countries in the world.
What Is The Richest Country In Africa 2021 Top 20 With Photos
Considered the richest African country in terms of GDP per capita Equatorial Guinea maintains a GDP PPP per capita of 22710.

Rich african countries ranking. 1 Nigeria 46688 221000 2 Egypt 37489 361000 3 South Africa 31719 524000 EAC 220640 118487 4 Algeria 147323. As of 2017 the GDP and GDP PPP per capita of Libya were 2915 billion and 14600 respectively with a population of 6278438. From there you can determine which states are wealthiest and then list the countries in descending order from richest to poorest.
Country or region Total wealth USD bn Share World. 54 rows Here we discuss the ten richest countries in Africa in terms of GDP per capita and the nature. Despite being rich in natural resources the economies of some African countries are negatively impacted by high rates of corruption lack of proper medical and education facilities underdeveloped infrastructure civil wars political unrest and other such problems.
Per capita US. The continents numerous untapped opportunities have made it attractive to investors. Nigeria - 51405 billion Egypt - 39428 billion South Africa - 32953 billion Algeria - 15146 billion Morocco - 124 billion Kenya - 10604 billion Ethiopia - 9397 billion Ghana - 7426 billion Ivory Coast - 7099 billion Angola - 6649.
Beyond rich resources Africa is also home to some of the top-ranked countries according to the World Banks ease of doing business index. By looking at the GDP per capita or gross domestic product per capita of each country around the globe it is possible to rank countries based on wealth and then compare them to each other. 51 rows An interesting fact about Africa in one of the countries in Africa we have the world 5 th.
However its heavy dependence on agriculture as a primary source of income makes Tanzania an economically unstable country. Oil being an invaluable commodity its. Some of its 54 countries boast resources like diamonds sugar gold uranium silver oil and petroleum.
The African continent is rich in natural resources. According to the World Bank Libya is among the few African countries having an upper middle economy. Meanwhile the country enjoys favourable economic standards under the influence of a low population and vast deposits of oil.
Individuals who are from Africa but dont reside in the continent such as Elon Musk and Mo Ibrahim are omitted by Forbes from the list. The difference between the highest GDP value and the lowest GDP value is approximately 3436518. 55 rows The top ten wealthiest African countries are.
This is a list of the African nations ranked by Gross Domestic Product GDP at Purchasing Power. Widespread poverty and employment are Tanzanias greatest economic woes. As of 2021 Nigerian billionaire Aliko Dangote is the richest person in Africa and the African countries with the most billionaires are.
Tanzania is the second largest economy among the East African Countries. Africa has the reputation of a continent with fertile soils and vast natural resources. The country with the highest gross domestic product value in Africa is Equatorial Guinea and the country with the lowest GDP is Somalia.
While it may be the richest country on the African continent South Africas GINI index - measuring wealth inequality - is at over 63 on a scale where perfect equality is zero. Rank Country Nominal GDP billions Nominal GDP. Theres a dark side to our number one spot.
Mauritius for example has a rating of 815 and is ranked 13 on the global rankings. As with many of the wealthiest countries in Africa South Africa has an enormous problem with wealth inequality.
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