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.

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.

As of 2023, the GDP of Africa was estimated at roughly 3.1 trillion U.S. dollars. This was the highest value since 2010 when the continent's GDP amounted to approximately 2.1 trillion U.S. dollars. The GDP value in Africa generally followed an upward trend in recent years and was estimated to exceed 4.2 trillion U.S. dollars by 2027.

Leading the charge: the three leading African economies

Among the African countries, in 2021, Nigeria had the highest GDP with approximately 442 billion U.S. dollars. South Africa and Egypt followed. These three countries have the largest economies for various reasons. The most notable factors are their population size, natural resources, and level of economic development. Furthermore, Africa was projected to have a real GDP growth rate of 3.9 percent in 2023. Libya was the economy experiencing the highest growth rate in that year.

The Sub-Saharan African economy on the rise

A global comparison showed that Sub-Saharan Africa had the smallest GDP among all world regions in 2021, amounting to 1.87 trillion U.S. dollars. A closer look revealed that Sub-Saharan Africa had a GDP per capita of 1,626.3 U.S. dollars in 2021, again the lowest worldwide. However, the region's economy was forecast to experience continued growth in the following years, with the real GDP increasing by 3.7 percent in 2023.

This dataset provides values for GDP PER CAPITA 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.

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.

Graph and download economic data for Gross Domestic Product: All Income Levels for Sub-Saharan Africa (NYGDPMKTPCDSSF) from 1960 to 2024 about Sub-Saharan Africa, gross, domestic, production, and income.

In 2022, the Gross Domestic Product (GDP) per capita in Africa reached 2,150.6 U.S. dollars, the highest value since 2015. In 2014, the value per capita was higher, at 2,316 U.S. dollars. The GDP per capita on the continent was set to follow an upward trend in the coming years to reach nearly 2,700 U.S. dollars by 2026.

The average for 2024 based on 52 countries was 2576.84 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.

The statistic shows gross domestic product (GDP) in Sub-Saharan Africa from 2020 to 2024, with projections up until 2030. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. In 2024, Sub-Saharan Africa's aggregated gross domestic product amounted to around 1,841.17 billion 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.

Key information about South Africa Real GDP Growth

• The Gross Domestic Product (GDP) in South Africa expanded 1.3 % YoY in Dec 2022, following a growth of 4.0 % in the previous quarter.
• Real GDP Growth YoY data in South Africa is updated quarterly, available from Mar 1961 to Dec 2022, with an average rate of 3.0 %.
• The data reached an all-time high of 19.4 % in Jun 2021 and a record low of -17.0 % in Jun 2020.

• In the latest reports, Nominal GDP of South Africa reached 98.8 USD bn in Sep 2022.
• Its GDP deflator (implicit price deflator) increased 4.7 % in Sep 2022.
• GDP Per Capita in South Africa reached 6,966.1 USD in Dec 2021.
• Its Gross Savings Rate was measured at 15.6 % in Sep 2022.
• For Nominal GDP contributions, Investment accounted for 14.8 % in Dec 2022.
• Public Consumption accounted for 19.9 % in Dec 2022.
• Private Consumption accounted for 66.6 % in Dec 2022.

United States - Constant GDP per capita: All Income Levels for Sub-Saharan Africa was 1581.05683 2010 U.S. $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Constant GDP per capita: All Income Levels for Sub-Saharan Africa reached a record high of 1688.32725 in January of 2015 and a record low of 1110.44074 in January of 1961. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Constant GDP per capita: All Income Levels for Sub-Saharan Africa - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Gross Domestic Product Per Capita: All Income Levels for Middle East and North Africa (NYGDPPCAPCDMEA) from 1960 to 2024 about North Africa, Middle East, per capita, income, and GDP.

South Africa ZA: GDP: PPP data was reported at 765,567.480 Intl $ mn in 2017. This records an increase from the previous number of 742,237.973 Intl $ mn for 2016. South Africa ZA: GDP: PPP data is updated yearly, averaging 416,448.158 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 765,567.480 Intl $ mn in 2017 and a record low of 235,395.319 Intl $ mn in 1990. South Africa ZA: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

As of 2022, the real GDP growth rate in Africa was estimated at 3.7 percent, decreasing compared to the previous year when it stood at 4.8 percent. Africa's real GDP is projected to keep a stable and constant growth trend between 2023 and 2027.

Negative impact of COVID-19

Starting in 2020, the spread of the coronavirus (COVID-19) caused economic stagnation and recession in most world regions. Economies on the African continent were also negatively affected, as the health crisis determined disruptions across all economic sectors. In 2020, Africa’s real GDP dropped to minus 1.8 percent, an exceptional negative growth rate registered on the continent. Southern Africa was the most affected region, followed by Central and Western Africa, respectively.

Forecast economic growth in Africa

In 2021 and 2022, Africa’s economy showed signs of recovery after the COVID-19 crisis. Growth was expected to continue in the following years, with the total GDP increasing from around three trillion U.S. dollars in 2020 to four trillion U.S. dollars in 2027. The African economy was set to grow at a rapid pace, especially compared to other world regions. By 2027, Sub-Saharan Africa’s GDP is estimated to record a growth rate of over four percent, while the European Union’s economy would expand by less than two percent.

Africa Gdp Per Capita Growth Annual Percentage Dataset

  Overview

This dataset contains gdp per capita growth (annual %) data for African countries from the World Bank Economy & Growth indicators.

  Data Details

Indicator Code: NY.GDP.PCAP.KD.ZG Description: GDP per capita growth (annual %) Geographic Coverage: 54 African countries Time Period: 1960-2024 Data Points: 3,510 observations Coverage: 100.00% of possible country-year combinations

  File Formats… See the full description on the dataset page: https://huggingface.co/datasets/electricsheepafrica/africa-gdp-per-capita-growth-annual-percentage.

Key information about South Africa GDP Per Capita

• South Africa Gross Domestic Product (GDP) per Capita reached 6,667.325 USD in Dec 2022, compared with 6,984.435 USD in Dec 2021.
• South Africa GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2022, with an average number of 3,145.677 USD.
• The data reached an all-time high of 8,809.909 USD in Dec 2011 and a record low of 476.000 in Dec 1957.
• CEIC converts annual GDP per Capita into USD. South African Reserve Bank provides GDP per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

• In the latest reports, South Africa GDP expanded 0.176 % YoY in Mar 2023.
• South Africa Nominal GDP reached 95.914 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.589 % in Mar 2023.
• Gross Savings Rate of South Africa was measured at 14.500 % in Mar 2023.

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

South Africa ZA: GDP: Linked Series data was reported at 7,023,994.456 ZAR mn in 2023. This records an increase from the previous number of 6,655,523.778 ZAR mn for 2022. South Africa ZA: GDP: Linked Series data is updated yearly, averaging 2,202,121.887 ZAR mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 7,023,994.456 ZAR mn in 2023 and a record low of 327,231.668 ZAR mn in 1990. South Africa ZA: GDP: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Gross Domestic Product: Nominal. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;