Top 10 Richest Countries in Africa by GDP 2019

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Top 10 African Countries With The Highest GDP And Strong Economy in 2019

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Here is the list of the richest countries in Africa from the wealthiest to the least. This ranking is purely based on the Gross Domestic Product (GDP) of the country:

10. GHANA
GDP of Ghana is 51.815 billion dollars.

Ghana is located on the precious coast of the Gulf of Guinea in West Africa with a population of over 30 million.

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Ghana has long been the role model of significant economic growth with the export of cocoa, gold, and many resources.

The urbanization rate of 55.41% and trade balance of 1.19 billion US dollars among many other factors make Ghana one of the richest countries in Africa.

9. TANZANIA
GDP of Tanzania is 55.645 billion dollars.

Tanzania is the product of two sovereign states: Tanganyika and Zanzibar. Tanganyika gained independence on the 9th December 1961 whereas Zanzibar became independent on the 10th December 1963.

On 26th April 1964, Tanganyika and Zanzibar came together to form the United Republic of Tanzania.

Dar es Salaam is the main administrative and commercial city of Tanzania, but Dodoma is the official capital city. The currency is the Tanzanian Shilling (TZS).

8. ETHIOPIA
GDP of Ethiopia is 83.836 billion dollars.

Ethiopia, or the Federal Democratic Republic of Ethiopia. Its capital is Addis Ababa. The city, Addis Ababa, is also the headquarters of the African Union.

The economy of the country is based on agriculture, with coffee being one of the most exported products.

7. KENYA
GDP of Kenya is 89.591 Billion dollars.

With a population of 49.73 million and an urbanization rate of 26.56%, Kenya is one of the wealthiest countries in East Africa and even the continent at large.

The capital of Kenya is Nairobi. Kenya gained its independence in 1963 from the British.

Over one-third of Kenya’s GDP is produced by agriculture. United States, Tanzania, and Uganda are the major export partners.

6. ANGOLA
GDP of Angola is 114.504 billion dollars.

The capital of the Republic of Angola is Luanda. Oil and diamond mining is Angola’s main industries.

5. MOROCCO
GDP of Morocco is 118.178 billion dollars.

Morocco, or the Kingdom of Morocco, is a constitutional monarchy. Rabat is the capital.

4. ALGERIA
GDP of Algeria is 188.342 billion dollars.

Algeria or People’s Democratic Republic of Algeria. Its capital is Algiers. Algeria has the tenth largest reserve of natural gas in the world and is the sixth largest gas exporter on the planet.

3. EGYPT
GDP of Egypt is 249.471 billion dollars.

The capital of the Arab Republic of Egypt is Cairo. Egypt impresses the world with its pyramids and mysterious stories. It was one of the great civilizations of the world.

2. SOUTH AFRICA
GDP of South Africa is 376.679 billion dollars.

South Africa or the Republic of South Africa. Its administrative capital is Pretoria. Nelson Mandela, the former president, is synonymous with this country.

South Africa was the richest country in Africa based on GDP until Nigeria took over.

1. NIGERIA
GDP of Nigeria is 397.472 billion dollars.

Nigeria or the Federal Republic of Nigeria. Its capital is Abuja. Nigeria is currently the most highly populated country in Africa, with a population of more than 190 million inhabitants.

Nigeria is the richest country in Africa based on GDP in 2019.

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