What is the GDP of Africa?

Statistics
Population 1.307 billion (16%; 2019)
GDP $2.6 trillion (Nominal; 2019) $6.7 trillion (PPP; 2019)
GDP growth 3.7%
GDP per capita $1,970 (2020; 6th)

What is the GDP of African countries?

List of African countries by GDP (nominal)

Rank Country Nominal GDP ($ billions)
1 Nigeria 466.88
2 Egypt 374.89
3 South Africa 317.19
EAC 220.640

What is the average GDP per capita in Africa?

This is a list of African countries by Gross Domestic Product (GDP) per capita based on purchasing power parity (PPP).

List of African countries by GDP (PPP) per capita.

Country GDP per capita (Int$)
Algeria 11,268
Angola 6,538
Benin 3,505
Botswana 16,920

What are the 3 poorest countries in Africa?

Over half of the nations in Africa are considered to be the poorest in the world.

The ten poorest countries in Africa, with their GDP per capita, are:

  • Democratic Republic of the Congo ($785)
  • Burundi ($808)
  • Liberia ($867)
  • Niger ($1,153)
  • Malawi ($1,172)
  • Mozambique ($1,266)
  • Eritrea ($1,434)
  • South Sudan ($1,503)

Which country has the highest GDP?

According to the International Monetary Fund, these are the highest ranking countries in the world in nominal GDP:

  • United States (GDP: 20.49 trillion)
  • China (GDP: 13.4 trillion)
  • Japan: (GDP: 4.97 trillion)
  • Germany: (GDP: 4.00 trillion)
  • United Kingdom: (GDP: 2.83 trillion)
  • France: (GDP: 2.78 trillion)
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Which is the poorest country in Africa 2020?

Top 10 Poorest Countries in Africa

  • Ethiopia (GDP Per Capita $783) …
  • Mozambique (GDP Per Capita $519) …
  • Somalia (GDP Per Capita $478) …
  • Democratic Republic of Congo (GDP Per Capita $448.7) …
  • Madagascar (GDP Per Capita $415.32) …
  • Malawi (GDP Per Capita $402.400) …
  • Niger (GDP Per Capita $400) …
  • Liberia (GDP Per Capita $360)

Is Ghana richer than Uganda?

Ghana with a GDP of $65.6B ranked the 73rd largest economy in the world, while Uganda ranked 104th with $27.5B.

Gross Domestic Product & Income.

Stat Ghana Uganda
Population 26.9M 42.9M
GDP per capita $2.2k $643
GDP per capita growth 3.96% 2.27%
Purchasing Power Parity conversion factor 2.13 1153.9

Why is Botswana so rich?

Diamonds accounted for much of the growth of Botswana’s GDP. … Further, while Botswana is De Beers’ largest supplier of rough diamonds, Debswana, Botswana’s diamond mining partnership with De Beers, transfers more than 75 percent of its profits to the Botswana government and now owns about 15 percent of De Beers .

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