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| Highest GDP In Africa (Nominal) |
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Who's Got The African Wealth?
Top 10 African Countries - Highest Nominal GDP
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The figures below are for 'nominal' Gross Domestic Product (GDP), which measures the market value of all goods and services from an entire nation in a given year. We have chose to include both the International Monetary Fund's (IMF) estimates along with those from the World Bank, and the variations in the two sets of figures can be explained by different testing criteria and techniques by the World's two 'most trusted' financial institutions. |
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| The business district in Johannesburg, South Africa |
image: Zakysant (license) |
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Data released by the International Monetary Fund (IMF) - April.01.2009 - Next data release April.01.2010
Data released by the World Bank - July.01.2009 - Next data release July.01.2010 |
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Africa is the poorest continent, by far, with only a few percent of the World's GDP created by it's 53 countries. The biggest economy on the continent belongs to South Africa, but on a global scale they only rank at number 32 in the rich-list of nations. In fact only the top four African economies mentioned below actually make it into the World's top 50 economies based on GDP. Even though South Africa is the continent's financial leader, by 2001 only 85% of homes in the country had access to clean water, 70% had electricity and just 50% had toilets which flush, and these statistics are presumed to have remained at a similar level to this day. |
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Country |
International Monetary Fund (IMF) - $US [1] |
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1 |
South Africa |
276,764,000,000 |
276,764,000,000 |
2 |
Nigeria |
207,116,000,000 |
212,080,000,000 |
3 |
Egypt |
162,617,000,000 |
162,818,000,000 |
4 |
Algeria |
159,669,000,000 |
173,882,000,000 |
5 |
Libya |
89,916,000,000 |
99,926,000,000 |
6 |
Morocco |
88,879,000,000 |
86,329,000,000 |
7 |
Angola |
83,384,000,000 |
83,383,000,000 |
8 |
Sudan |
57,911,000,000 |
58,443,000,000 |
9 |
Tunisia |
40,348,000,000 |
40,180,000,000 |
10 |
Kenya |
30,236,000,000 |
34,507,000,000 |
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