Africa has 54 countries in the continent and we will be grouping the 20 Richest of them according to their Gross Domestic Product (GDP). The Continent, Africa, is the second largest continent in area after Asia. In Population, the continent is also the second most populous after Asia. And the most populous country in Africa is Nigeria.
Nigeria is the most populous country in Africa with a population estimate of about 202 Million. The west African nation known as the giant of Africa, is also one with the biggest economy and has the highest GDP of about 397.6 Billion dollars. Nigeria is by far the richest country in Africa. The country is blessed with Natural as well as Solid mineral resources, Agriculture, good tropical climates, largest producer of crude oil in Africa and the 5th in the world. However the country is suffering so much from poverty as over 97 Million of its citizens live in abject poverty. Many blames it all on the leaders of country that always steal the common wealth.
Following Nigeria closely in GDP is, South Africa, which is the second richest country in Africa with a GDP of about 376.2 Billion dollars. South Africa is one of the most developed country in Africa. Having one of the most developed cities in the world. It is a mixed racial country of both White and Black. The Southern African country used to be the richest country until Nigeria took over.
Egypt is the third richest country in Africa with a GDP of About 249.247 billion dollars. This country is also known officially as the Arab republic of Egypt having its capital as Cairo.
Now that we have been able to get a summary of the 3 top richest countries in African and their GDP, now lets combine all 20 countries of the continent.
20 Richest Countries in Africa and the GDP
1. Nigeria with a GDP of $397.472 billion
2. South Africa with a GDP of $376.679 billion
3. Egypt with a GDP of $249.471 billion
4. Algeria with a GDP of $188.342 billion
5. Morocco with a GDP of $118.178 billion
6. Angola with a GDP of $114.504 billion
7. Kenya with a GDP of $89.591 Billion
8. Ethiopia with a GDP of $83.836 billion
9. Tanzania with a GDP of $55.645 billion
10. Ghana with a GDP of $51.815 billion
11. Cote de Voire with a GDP of $45.875 billion
12. Libya with a GDP of $43.236 billion
13. Democratic Republic of Congo with a GDP of $42.692 billion
14. Tunisia with a GDP of $41.662 billion
15. Cameroon with a GDP of $38.445 billion
16. Sudan with a GDP of $33.249 billion
17. Uganda with a GDP of $27.855 billion
18. Zambia with a GDP of $25.778 billion
19. Senegal with a GDP of $24.240 billion
20. Zimbabwe with a GDP of $19.367 billion
It is a common opinion that many African countries are poor with a very low standard of living. With the top 20 list above it can be seen how African countries are poor. This is just 20 countries and the 20th on the list is Zimbabwe with just $19 billion in GDP, consider the remaining 34 countries and what their GDP will be like.