As of April 2025, South Africa's GDP was estimated at over 410 billion U.S. dollars, the highest in Africa. Egypt followed, with a GDP worth around 347 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with nearly 269 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2024. The value amounted to 21,630 U.S. dollars. Mauritius followed with around 12,330 U.S. dollars, whereas Gabon registered 8,840 U.S. dollars. GDP per capita is calculated by dividing a country’s GDP by its population, meaning that some of the largest economies are not ranked within the leading ten. Impact of COVID-19 on North Africa’s GDP When looking at the GDP growth rate in Africa in 2024, Libya had the largest estimated growth in Northern Africa, a value of 7.8 percent compared to the previous year. Niger and Senegal were at the top of the list with rates of 10.4 percent and 8.3 percent, respectively. During the COVID-19 pandemic, the impact on the economy was severe. The growth of the North African real GDP was estimated at minus 1.1 percent in 2020. However, estimations for 2022 looked much brighter, as it was set that the region would see a GDP growth of six percent, compared to four percent in 2021.
Contribution of Tourism Various countries in Africa are dependent on tourism, contributing to the economy. In 2023, travel and tourism were estimated to contribute 182.6 billion U.S. dollars, a clear increase from 96.5 in 2020 following COVID-19. As of 2024, South Africa, Mauritius, and Egypt led tourism in the continent according to the Travel & Tourism Development Index.

This dataset provides values for GDP PER CAPITA PPP0 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

South Africa concentrated the largest amount of private wealth in Africa as of 2021, some 651 billion U.S. dollars. Egypt, Nigeria, Morocco, and Kenya followed, establishing the five wealthier markets in the continent. The wealth value referred to assets, such as cash, properties, and business interests, held by individuals living in each country, with liabilities discounted. Overall, Africa counted in the same year approximately 136,000 high net worth individuals (HNWIs), each with net assets of one million U.S. dollars or more.

 COVID-19 and wealth constraints  

Africa held 2.1 trillion U.S. dollars of total private wealth in 2021. The amount slightly increased in comparison to the previous year, when the coronavirus (COVID-19) pandemic led to job losses, drops in salaries, and the closure of many local businesses. However, compared to 2011, total private wealth in Africa declined 4.5 percent, constrained by poor performances in Angola, Egypt, and Nigeria. By 2031, however, the private wealth is expected to rise nearly 40 percent in the continent.

 The richest in Africa 

Besides 125 thousand millionaires, Africa counted 6,700 multimillionaires and 305 centimillionaires as of December 2021. Furthermore, there were 21 billionaires in the African continent, each with a wealth of one billion U.S. dollars and more. The richest person in Africa is the Nigerian Aliko Dangote. The billionaire is the founder and chairman of Dangote Cement, the largest cement producer on the whole continent. He also owns salt and sugar manufacturing companies.

The average for 2024 based on 52 countries was 6829 U.S. dollars. The highest value was in the Seychelles: 29242 U.S. dollars and the lowest value was in Burundi: 836 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

The Seychelles' GDP per capita amounted to 22,000 U.S. dollars in 2025, the highest in East Africa. Mauritius ranked second, with a GDP per capita worth around 13,000 U.S. dollars. Burundi, on the other hand, had the lowest average income per person, at about 160 U.S. dollars.

The average for 2024 based on 46 countries was 2323.02 U.S. dollars. The highest value was in the Seychelles: 16586.41 U.S. dollars and the lowest value was in Burundi: 255.6 U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Seychelles recorded the highest Gross National Income (GNI) per capita in Africa as of 2023, at 16,940 U.S. dollars. The African island was, therefore, the only high-income country on the continent, according to the source's classification. Mauritius, Gabon, Botswana, Libya, South Africa, Equatorial Guinea, Algeria, and Namibia were defined as upper-middle-income economies, those with a GNI per capita between 4,516 U.S. dollars and 14,005 U.S. dollars. On the opposite, 20 African countries recorded a GNI per capita below 1,145 U.S. dollars, being thus classified as low-income economies. Among them, Burundi presented the lowest income per capita, some 230 U.S. dollars. Poverty and population growth in Africa Despite a few countries being in the high income and upper-middle countries classification, Africa had a significant number of people living under extreme poverty. However, this number is expected to decline gradually in the upcoming years, with experts forecasting that this number will decrease to almost 400 million individuals by 2030 from nearly 430 million in 2023, despite the continent currently having the highest population growth rate globally. African economic growth and prosperity In recent years, Africa showed significant growth in various industries, such as natural gas production, clean energy generation, and services exports. Furthermore, it is forecast that the GDP growth rate would reach 4.5 percent by 2027, keeping the overall positive trend of economic growth in the continent.

Graph and download economic data for Gross National Income for Developing Countries in Sub-Saharan Africa (NYGNPMKTPCDSSA) from 1985 to 2024 about Sub-Saharan Africa, GNI, and income.

Graph and download economic data for Constant GDP per capita: All Income Levels for Sub-Saharan Africa (NYGDPPCAPKDSSF) from 1960 to 2024 about Sub-Saharan Africa, per capita, income, and GDP.

Mauritius concentrated the highest private wealth per capita in Africa in 2021: ****** U.S. dollars. South Africa followed, with a wealth amount of ****** U.S. dollars per capital. Overall, total private wealth on the continent amounted to *** trillion U.S. dollars that year.

The average for 2023 based on 48 countries was 15.21 percent. The highest value was in Lesotho: 35.58 percent and the lowest value was in Angola: 5.17 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Levels and changes in the total fertility rates by richest and poorest, earliest and latest surveys.

The average for 2023 based on 37 countries was 19.32 percent. The highest value was in Algeria: 40.56 percent and the lowest value was in Mozambique: 2.78 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The average for 2023 based on 42 countries was 14.65 percent. The highest value was in Lesotho: 35.58 percent and the lowest value was in Angola: 5.17 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The average for 2022 based on 46 countries was -3.92 percent. The highest value was in Equatorial Guinea: 11.9 percent and the lowest value was in Ghana: -11.8 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

license: apache-2.0 tags: - africa - sustainable-development-goals - world-health-organization - development

  Average income of small-scale food producers, PPP (constant 2011 international $)





  Dataset Description

This dataset provides country-level data for the indicator "2.3.2 Average income of small-scale food producers, PPP (constant 2011 international $)" across African nations, sourced from the World Health Organization's (WHO) data portal on Sustainable… See the full description on the dataset page: https://huggingface.co/datasets/electricsheepafrica/average-income-of-small-scale-food-producers-ppp-for-african-countries.

Total private wealth in Africa decreased by ***** percent from 2011 to 2021. Within individual markets, Mauritius registered the strongest performance, as wealth grew by ** percent in the country over the last decade. On the other hand, Nigeria, Angola, and Egypt had the poorest performances, with private wealth shrinking by over ** percent in the period. The wealth value referred to assets such as cash, properties, and business interests held by individuals living in each country, less liabilities. Government funds were excluded. According to the source, private wealth in Africa is forecast to climb by nearly ** percent by 2031.

Graph and download economic data for Gross National Income for Developing Countries in Middle East and North Africa (NYGNPMKTPCDMNA) from 1960 to 2024 about North Africa, Middle East, GNI, and income.