List of African countries by GDP (nominal)

Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries in Africa are sorted according to data from the International Monetary Fund. The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.^[1] Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population.^[2]

Some countries/regions may have citizens that are on average wealthy. These countries/regions could appear in this list as having a small GDP. This would be because the country/region listed has a small population, and therefore small total economy; the GDP is calculated as the population times market value of the goods and services produced per person in the country.^[3]

These figures should therefore be used with caution.

Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP.^[4] On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.^[5]

List

The 2015 estimates are as follows:^[6]

2015 Rank	Country	Nominal GDP ($ billions)	Notes
1	Nigeria	493
2	South Africa	317.29
3	Egypt	291.538	As of 2014
4	Algeria	175.1
5	Morocco	103.1
6	Angola	102
7	Sudan	84.3
8	Kenya	63.1	Revised to $53.40 billion(2013)[7]
9	Ethiopia	63
10	Tanzania	46.2
11	Tunisia	44.3
12	DR Congo	39.1
13	Ghana	37.7
14	Libya	31.3
15	Ivory Coast	29.7
16	Cameroon	28.5
17	Uganda	24.9	Revised to $24.69 billion[8][9]
18	Zambia	24.5
19	Mozambique	17
20	Senegal	14
21	Zimbabwe	13.9
22	Gabon	13.8
23	Botswana	13.1
24	Namibia	12.9
25	South Sudan	12.9
26	Chad	11.7
27	Mauritius	11.6
28	Burkina Faso	11.3
29	Mali	11
30	Equatorial Guinea	10
31	Madagascar	9.5
32	Congo	8.9
33	Rwanda	8.5
34	Benin	7.7
35	Niger	7.1
36	Guinea	6.7
37	Malawi	6.4
38	Mauritania	4.7
39	Sierra Leone	4.3
40	Eritrea	4.3
41	Swaziland	4.3
42	Togo	4.2
43	Burundi	3
44	Lesotho	2
45	Liberia	2
48	Djibouti	1.7
46	Cape Verde	1.6
47	Central African Republic	1.6
49	Seychelles	1.4
50	Guinea-Bissau	1
51	The Gambia	0.807
52	Somalia	0.720
52	Comoros	0.648
53	São Tomé and Príncipe	0.335

See also

• List of African countries by GDP (PPP)
• List of African countries by Human Development Index
• Economy of Africa

References