GDP is the market value of all final goods and services from a nation in a given year. The GDP is calculated as the population times market value of the goods and services produced per person in the country. Therefore, some countries with relatively wealthy citizens but with low populations may appear to have a small GDP.
Here are the top 10 biggest economies in Africa.
Rank | Country | GDP |
1. | Nigeria | $442.98 billion |
2. | Egypt | $361.88 billion |
3. | South Africa | $282.59 billion |
4. | Algeria | $147.32 billion |
5. | Morocco | $112.22 billion |
6. | Kenya | $101.05 billion |
7. | Ethiopia | $95.59 billion |
8. | Ghana | $67.34 billion |
9. | Tanzania | $64.12 billion |
10. | Angola | $62.72 billion |
