It is always difficult to list and classify the wealth of countries. Between socio-economic status, trade, economic change, natural disasters, many years of colonialism, poverty and inequality, and government corruption, there are undoubtedly many challenges to economic growth and maintain a healthy, rich and productive society.
There are 1.3 billion people living in Africa, in 54 different countries, producing $ 2.2 trillion in nominal GDP through trade, agriculture and the harvesting of various energy sources (oil being dominant in some countries). Not so long ago, in 2013, Africa was the continent with the fastest growth in the world at 5.6% per year. Today, the African Development Bank forecasts a 4.3% increase in annual growth across the continent. The World Bank expects most African countries to achieve a per capita GDP of at least $ 1,000 by 2025 (categorized as “average incomes”).
All nominal data in this article are based on the latest World Bank reports.
The 24 Richest And Poorest Countries In Africa
Click on “Next Page” to see the ranking of each country.