Africa GDP Ranking (2024)

In 2024, GDP in Africa was highest in South Africa at $400.26 billion (14.4% of the continent's total), followed by Egypt at $389.06 billion (14.0%) and Algeria at $263.62 billion (9.5%). The average GDP across countries in Africa was $53.38 billion, the median was $20.75 billion, and São Tomé & Príncipe recorded the lowest GDP at $764.27 million, according to the World Bank.

Data is available for the period 1960 to 2024 across 52 countries in Africa.

Frequency : Yearly
Rank Country Current Value Previous Value Year
1 $400.26B $380.7B 2024
2 $389.06B $395.93B 2024
3 $263.62B $247.63B 2024
4 $187.76B $363.85B 2024
5 $154.43B $144.42B 2024
6 $126.77B $111.26B 2022
7 $124.5B $108.04B 2024
8 $86.54B $79.62B 2024
9 $82.83B $80.55B 2024
10 $80.4B $84.88B 2024
11 $78.78B $79.06B 2024
12 $70.75B $67.01B 2024
13 $53.65B $48.77B 2024
14 $53.41B $48.2B 2024
15 $51.33B $49.28B 2024
16 $49.91B $39.9B 2024
17 $46.64B $45.1B 2024
18 $44.19B $35.23B 2024
19 $32.27B $30.7B 2024
20 $26.59B $24.62B 2024
21 $26.33B $27.58B 2024
22 $25.33B $22.41B 2024
23 $23.25B $20.32B 2024
24 $22.42B $20.95B 2024
25 $21.48B $19.67B 2024
26 $20.87B $20.06B 2024
27 $20.63B $19.11B 2024
28 $19.54B $16.7B 2024
29 $19.4B $19.41B 2024
30 $17.42B $15.87B 2024
31 $15.72B $15.32B 2024
32 $14.95B $14.1B 2024
33 $14.25B $14.33B 2024
34 $13.37B $12.41B 2024
35 $12.77B $12.34B 2024
36 $12.11B $10.97B 2024
37 $11.01B $12.71B 2024
38 $10.77B $10.65B 2024
39 $9.93B $9.17B 2024
40 $7.55B $6.41B 2024
41 $4.89B $4.6B 2024
42 $4.75B $4.39B 2024
43 $4.09B $3.92B 2024
44 $2.77B $2.54B 2024
45 $2.75B $2.56B 2024
46 $2.51B $2.4B 2024
47 $2.27B $2.12B 2024
48 $2.17B $2.19B 2024
49 $2.16B $2.63B 2024
50 $2.12B $2.08B 2024
51 $1.55B $1.43B 2024
52 $764.27M $678.98M 2024
Africa GDP Ranking (2024) : Definition
GDP measures the total market value of all final goods and services produced in a year, reported in current (nominal) US dollars for that year. It is also called Nominal GDP.