Africa Real GDP Ranking (2024)
In 2024, real GDP in Africa was highest in Nigeria at $569.52 billion (19.0% of the continent's total), followed by Egypt at $482.19 billion (16.1%) and South Africa at $365.41 billion (12.2%). The average real GDP across countries in Africa was $57.72 billion, the median was $17.15 billion, and São Tomé & Príncipe recorded the lowest real GDP at $321.61 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 | $569.52B | $550.65B | 2024 | |
| 2 | $482.19B | $470.89B | 2024 | |
| 3 | $365.41B | $363.31B | 2024 | |
| 4 | $222.24B | $215.14B | 2024 | |
| 5 | $134.54B | $130.32B | 2024 | |
| 6 | $121.01B | $112.76B | 2024 | |
| 7 | $104.58B | $100.08B | 2024 | |
| 8 | $89.59B | $85.8B | 2024 | |
| 9 | $76.35B | $72.06B | 2024 | |
| 10 | $74.7B | $70.68B | 2024 | |
| 11 | $74.46B | $70.56B | 2024 | |
| 12 | $60.66B | $56.86B | 2024 | |
| 13 | $55.43B | $55.77B | 2024 | |
| 14 | $49.36B | $46.5B | 2024 | |
| 15 | $48.95B | $48.3B | 2024 | |
| 16 | $43.14B | $41.62B | 2024 | |
| 17 | $29.34B | $33.92B | 2024 | |
| 18 | $28.7B | $27.58B | 2024 | |
| 19 | $28.19B | $26.37B | 2024 | |
| 20 | $23.63B | $23.16B | 2024 | |
| 21 | $22.23B | $21.17B | 2024 | |
| 22 | $20.9B | $20.52B | 2024 | |
| 23 | $19.16B | $17.83B | 2024 | |
| 24 | $18.62B | $17.97B | 2024 | |
| 25 | $17.99B | $17.13B | 2024 | |
| 26 | $17.49B | $18.03B | 2024 | |
| 27 | $16.8B | $16.25B | 2024 | |
| 28 | $15.81B | $14.59B | 2024 | |
| 29 | $15.48B | $14.65B | 2024 | |
| 30 | $15.26B | $14.01B | 2024 | |
| 31 | $14.65B | $13.99B | 2024 | |
| 32 | $14.49B | $13.91B | 2024 | |
| 33 | $12.22B | $11.79B | 2024 | |
| 34 | $11.96B | $11.75B | 2024 | |
| 35 | $10.64B | $10.37B | 2024 | |
| 36 | $9.8B | $9.42B | 2024 | |
| 37 | $9.54B | $9.46B | 2024 | |
| 38 | $8.88B | $8.54B | 2024 | |
| 39 | $8.79B | $8.34B | 2024 | |
| 40 | $8.61B | $8.19B | 2024 | |
| 41 | $4.76B | $4.64B | 2024 | |
| 42 | $3.83B | $3.61B | 2024 | |
| 43 | $3.76B | $3.59B | 2024 | |
| 44 | $3.59B | $3.47B | 2024 | |
| 45 | $2.35B | $2.19B | 2024 | |
| 46 | $2.31B | $2.25B | 2024 | |
| 47 | $2.08B | $2.05B | 2024 | |
| 48 | $2.08B | $1.96B | 2024 | |
| 49 | $2.01B | $1.95B | 2024 | |
| 50 | $1.73B | $1.65B | 2024 | |
| 51 | $1.32B | $1.28B | 2024 | |
| 52 | $321.61M | $318.74M | 2024 |
Africa Real GDP Ranking (2024) : Definition
Real GDP is defined as the value of all goods and services produced in a country, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.