Top 10 Richest Countries in Africa 2025 – GDP Rankings
Africa is home to vast natural resources, a young population, and emerging markets that are shaping the global economy. Over the years, several African countries have risen to become economic powerhouses on the continent. Measured by Gross Domestic Product (GDP), these nations represent the wealthiest economies in Africa today.
Below is the list of the 10 richest countries in Africa (2025) based on the latest GDP data.
1.
Nigeria – $472 Billion
Nigeria remains Africa’s largest economy, thanks to its oil and gas industry, growing tech sector, and massive population. With over 220 million people, Nigeria has a strong consumer base that fuels trade, services, and entrepreneurship. Lagos, the commercial capital, is one of Africa’s biggest financial hubs.
2.
South Africa – $399 Billion
South Africa is the continent’s most industrialized nation. Its economy is driven by mining, finance, manufacturing, and tourism. Despite challenges like unemployment and power shortages, South Africa remains a key player in African and global trade.
3.
Egypt – $387 Billion
Egypt boasts a diversified economy powered by tourism, agriculture, industry, and the Suez Canal, one of the world’s busiest trade routes. Its strategic position between Africa, Europe, and the Middle East makes it a global business gateway.
4.
Algeria – $206 Billion
Algeria’s economy is heavily dependent on oil and natural gas, which account for more than 90% of export earnings. The country is also investing in infrastructure, renewable energy, and manufacturing to diversify beyond fossil fuels.
5.
Ethiopia – $156 Billion
Ethiopia is one of Africa’s fastest-growing economies, supported by agriculture, textiles, and a booming construction sector. With massive investment in infrastructure, Ethiopia is positioning itself as a manufacturing hub in East Africa.
6.
Kenya – $140 Billion
Kenya is East Africa’s financial and technology hub, often referred to as the “Silicon Savannah.” Nairobi is home to a thriving startup ecosystem, while agriculture and tourism remain major contributors to GDP.
7.
Angola – $124 Billion
Angola’s wealth comes mainly from oil production, but the government is working to diversify into agriculture, fishing, and mining. With rich natural resources, Angola continues to attract foreign investment.
8.
Ghana – $98 Billion
Ghana’s economy is driven by gold, cocoa, and oil. In recent years, it has also become a rising hub for fintech and digital services in West Africa. Political stability has helped attract international investors.
9.
Tanzania – $90 Billion
Tanzania’s economy benefits from agriculture, natural gas, and tourism. The country is home to Mount Kilimanjaro and Serengeti National Park, two of Africa’s biggest tourist attractions, boosting foreign exchange earnings.
10.
Ivory Coast (Côte d’Ivoire) – $86 Billion
Ivory Coast is the world’s largest cocoa producer and a leading exporter of coffee and cashew nuts. Abidjan, its economic capital, is a growing business hub in West Africa.
Conclusion
From oil-rich giants like Nigeria and Algeria to emerging economies like Kenya and Ghana, Africa’s richest countries are shaping the continent’s future. With natural resources, technology, and human capital, Africa’s economic potential is immense.
As global investors continue to focus on Africa, these ten countries are expected to lead the way in growth, trade, and development in the coming years.