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
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.