06/07/2024
As of 2024, the top 20 RICHEST countries in Africa, measured by GDP per capita (Purchasing Power Parity), are:
1. Seychelles: $43,151
2. Mauritius: $32,094
3. Libya: $26,456
4. Botswana: $20,097
5. Gabon: $19,452
6. Equatorial Guinea: $18,378
7. Egypt: $17,614
8. Algeria: $16,483
9. South Africa: $16,424
10. Tunisia: $13,645
11. Eswatini (Swaziland): $12,637
12. Namibia: $12,008
13. Morocco: $10,947
14. Ghana: $7,156
15. Angola: $7,153
16. Kenya: $6,976
17. Nigeria: $6,340
18. Senegal: $4,661
19. Zambia: $4,361
20. São Tomé and Príncipe: $4,238
These rankings are based on the GDP per capita using the purchasing power parity method, which adjusts for differences in cost of living and inflation, providing a more accurate measure of economic well-being. Countries with significant natural resources, such as oil and minerals, and those with well-developed financial sectors tend to rank higher on this list.