Top 10 Richest Countries in Africa by GDP (2025 Ranking)
When ranking the richest countries in Africa, economists usually rely on Gross Domestic Product (GDP), which measures the total value of goods and services produced. Despite regional inequalities, some African nations stand out for their strong economies, driven by natural resources, manufacturing, services, and tech innovation.
Below are the top 10 richest countries in Africa by nominal GDP as of mid-2025:
- Nigeria (~$530 billion): Africa’s largest economy, driven by oil, gas, tech, and entertainment.
- South Africa (~$405 billion): A diversified leader in mining, finance, and manufacturing.
- Egypt (~$402 billion): Powered by trade, manufacturing, and foreign investments.
- Algeria (~$210 billion): Major hydrocarbon exporter with strong state support.
- Ethiopia (~$180 billion): Among Africa’s fastest-growing economies, focused on infrastructure and agriculture.
- Morocco (~$157 billion): Stable economy fueled by tourism, agriculture, and clean energy.
- Kenya (~$134 billion): East Africa’s innovation and tech hub with expanding services and exports.
- Angola (~$121 billion): Oil-rich nation investing heavily in agriculture and post-conflict rebuilding.
- Ghana (~$88 billion): Strong in gold, cocoa, and oil; a top investment destination in West Africa.
- Tanzania (~$78 billion): Growth driven by mining, tourism, and a rising industrial sector.
These nations show that African wealth goes beyond resources. While oil and minerals remain central, countries investing in innovation, governance, and human capital are shaping the continent’s future economy.
Source: Africa Top Daily analysis, IMF 2025 data
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