This is how Africa’s USD 3 Trillion economy is distributed among the countries on the continent

Experts in matters of economy are predicting that the Gross Domestic Product for the African Continent should be able to reach USD 4.2 Trillion by 2027.

On the other hand, the Gross Domestic Product (GDP) in Africa 2010-2027 Published by Statista Research Department in June 2024 indicates that between 2023 and now the GDP of Africa is pegged at roughly USD 3.0 trillion.

This was the highest value since 2010 when the continent’s GDP amounted to approximately USD 2.1 trillion. The GDP value in Africa generally followed an upward trend in recent years and was estimated to exceed USD 4.2 trillion by the year 2027.

But Africa’s GDP will remain at an average of USD 3 Trillion even by the year 2030 as per estimates.

The International Monetary Fund (IMF) averages the African economy at USD 3 Trillion, current figures.

This is how Africa’s GDP of around USD 3 Trillion is being distributed among each of the 55 countries on the continent.

South Africa tops the bill, with a lion share of USD 401 Billion.

Nigeria is second by being rich at an average of USD 395 Billion.

Egypt comes third with 358 billion.

Algeria with USD 239 Billion takes the fourth position.

At number five is Ethiopia with USD 192 Billion.

Morocco is at Number six with 157 billion.

Kenya at number seven closes the list of countries with three figures economy by amassing USD 115 Billion

Angola takes the eighth position with USD 93 Billion

At Number Nine is Ivory Coast (Côte d’Ivoire) whose economy is valued at USD 87 Billion.

Tanzania closes the top ten list with USD 86 Billion.

The GDP of Ghana is USD 76 Billion at Number eleven slot.

The Democratic Republic of Congo with USD 73 Billion ranks at the twelfth position in Africa.

The rest of the ranking goes as follows

• Uganda $58B
• Tunisia $53B
• Cameroon $53B
• Zimbabwe $47B
• Libya $44B
•  Senegal $35B
• Zambia $31B
• Sudan $26B
• Guinea $25B
• Mozambique $24B
• Mali $23B
• Burkina Faso $23B
• Botswana $22B
• Benin $22B
• Gabon $20B
• Niger $20B
• Madagascar $17B
• Mauritius $16B
• Congo $15B
• Rwanda $14B
• Namibia $14B
• Chad $13B
• Somalia $12B
• Malawi $11B
• Mauritania $11B
• Equatorial Guinea $10B
• Togo $10B
• South Sudan $7B
• Eswatini $5B
• Liberia $5B
• Djibouti $4B
• Sierra Leone $4B
• Burundi $3B
• Central African Republic $3B
• Cabo Verde $3B
• The Gambia $3B
• Lesotho $3B
• Guinea-Bissau $2B
• Seychelles $2B
• Comoros $1B
• São Tomé and Príncipe $1B