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  • [ULgist] Top 10 richest country in Africa 2021 (See where Nigeria & Ghana is)
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    There are 54 countries in Africa and each country has resources that is used to sustain its citizens. In today’s article, let us look at the top ten richest African countries. These rankings are based on each county’s GDP.

    Gross Domestic Product (GDP) is the total of all value-added created in an economy. The value-added means the value of goods and services that have been produced minus the value of the goods and services needed to produce them, the so-called intermediate consumption.

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    #1. Nigeria – $514.05 billion

    Nigeria is undoubtedly the richest country in Africa. They are also the most populated country in Africa. The GDP per Capita in Nigeria is $5,280. This amount of GDP per capita is not the highest in Africa. The country with the highest is Seychelles who has over $26,000.

    #2. Egypt – $394.28 billion

    Egypt is ranked the second richest country in Africa. $13,080 is the country’s GDP per capita.

    #3. South Africa – $329.53 billion

    The GDP per capita for this country is $12,440

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    #4. Algeria – $151.46 billion

    Algeria is the fourth richest African country. It is also the biggest African country in terms of land size. The GDP per capita is $11,430

    #5. Morocco – $124 billion

    Morocco is the fifth richest country in Africa. The GDP per capita is $8,030

    #6. Kenya – $106.04 billion

    The GDP per capita is $5,270

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    #7. Ethiopia – $93.97 billion

    The GDP per capita is $2,970

    #8. Ghana – $74.26 billion

    Ghana is ranked 8th on the list with a GDP of $74.26 billion. The GDP per capita is $5,970.

    #9. Ivory Coast – $70.99 billion

    The Gross Domestic Product per capita is $5,640

    #10. Angola – $66.49 billion

    The GDP per capita stands at $6,880.

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