Top 10 Richest Countries In Africa 2024
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- čas přidán 9. 06. 2024
- Here are the top 10 Richest countries in Africa 2024 by G.D.P.
Africa is a magnificent continent blessed with abundant natural resources and fertile soil. however, many African countries are still poor, with a considerable amount of its citizens living below the poverty line.
Despite this statistics, there are some African countries that are quite wealthy, and are regarded as the Richest Countries in Africa.
The Gross Domestic Product aka G.D.P is the cumulative amount of goods and services produced within a particular country in a given year. in this video, we shall be using this exact metric to deduce the Top 10 Richest Countries In Africa 2024.
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chill, I'm a Nigerian what do I gain by being the first. (place where dollar rate Dey give us heart attack)
Abeg una go hustle, no come here Dey argue. 😅
Lols..I appreciate your honesty
Nigeria is the most reachest in Africa but the citizens ar constantly suffering from high rates of poverty hmmmm🤔may almighty Allah see us through 🤲🏻
Ameen Ameen! Shine kawai abokina
But Ghana GDP has grown very well, now the GDP of Ghana is 80 billion
Yes!
This is true. Nigeria has the biggest economy in Africa but it does not usually follow that being the biggest economy it always mean to be one of the richest country in Africa. The gdp being used here is only GDP NOMINALand does not truly reflect in terms of how rich a country is. The world bank used the gdp per capita as the barometer to measure the wealth of the country. In fact the world bank did not find Nigeria as one of the top 20 riches countries in Africa using gdp per capita it remains as one of the poor countries with gdp per capita of only 2,185 almost the same with Ghana and Kenya. Nigeria has 93 million people living in extreme poverty. The top ten poorest countries in the world is in Africa and the top 20 poorest countries in the world 18 of which are in Africa one in Asia and one in Central America.
U have a point!
Nigeria is number one in GDP, but its people are among the poorest in Africa😭🙏.
Agreed
I wish to be part of Nigeria . That why their politicians they hate musician who can talk the truth because alot of people's are suffering in the country while of course politiciancs kept the geographical area currencies. That is unfair.
You are right
GDP per capita income.
Yes
IMF forecasts South Africa to have Africa’s largest economy in 2024
April 25, 2024
In Blog South Africa
South Africa Blog South Africa News and Views

South Africa, despite continuing supply-side constraints in the power and logistics sectors, is set to reclaim its ranking as Africa’s largest economy, according to the IMF’s World Economic Outlook published in April.
South Africa’s gross domestic product is estimated to reach USD373 billion, while Egypt, which held the top position in 2023, is projected to fall to second with USD348 billion after a series of currency devaluations.
Nigeria, which led the ranking in 2022, is set to slip to fourth place with an estimated GDP of USD253 billion - behind energy-rich Algeria at USD267 billion - due to its high inflation rate, a weakening currency and the effects of recent government economic reforms.
The IMF predicted that Egypt could reclaim the top position by 2027. But it also expects the South African economy to benefit from improvements to its energy supply and plans to tackle logistical bottlenecks.
Unfortunately, it's not there yet
If only that wealth could positively impact me cos I'm suffering with nothing to eat for this weekend
why algeria energy rich, the oil prices are falling, but it is still growing
This is absolut fals Ethiopia has this year 192 Billion USD GDP
Not officially reported by the IMF
Morocco's gdp is 165 billion us dollar n thank U keep going 🤝
ethiopia 205B
This is fake we know Tanzania GDP is 85.09
Where is your source?
The world bank
Yes that’s true according to the world bank
@@Kabwela776 you need to check the year in which the info was released. These ranking are outdated now tz is 93B usd in 2024
Outdated
No
@@exploreafrica20 yes
Tanzania 2023 GDP is 85.08 nothing ranking
He always post wrong information...... IMF will released new GDP ranking list in April 2024....Ethiopia 🇪🇹 econmy grow 6.4 % in 2024 and the GDP of Ethiopia 🇪🇹 will reach $ 210 - $220 billion in 2024.....Tanzanias 🇹🇿 econmy is doing good growth rate is at 5.9% in 2024...the GDP of 🇹🇿will reach $95 - $100 billion in 2024....... many Ethiopias🇪🇹 are going to Zanzibar 🇹🇿 for honey moon and vacation.... Bulid more hotels in Zanzibar 🇹🇿 and many Ethiopias🇪🇹 will come
Pls show me your source before making any arguments
Yes of course this is an early year update..and just because the international monetary fund predicted that certain growth might happen, that doesn't mean it will surely happen..the imf also makes wrong predictions at times