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.

Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2024. The value amounted to 21.87 thousand U.S. dollars. Mauritius followed with around 13 thousand U.S. dollars, whereas Gabon registered 9.31 thousand 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.

Egypt was the largest economy in North Africa in 2022. In that year, its GDP amounted to 435.6 billion U.S. dollars, the second-highest in Africa after Nigeria. Algeria and Morocco followed, with the GDP totaling around 194 billion and 133 billion U.S. dollars, respectively.

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.

The real gross domestic product (GDP) of Niger is estimated to have grown by 11.9 percent in 2022, which is the highest estimated growth rate across all African countries. In comparison, Libya's economy is estimated to have contracted by 9.6 percent.

In 2025, Ethiopia's GDP was forecast to reach almost 121 billion U.S. dollars, the highest in East Africa. Kenya followed, with an expected GDP of around 117 billion U.S. dollars. Comoros, on the other hand, had some of the lowest GDPs, at just over 1.5 billion U.S. dollars.

The Gross Domestic Product (GDP) in South Africa expanded 0.60 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - South Africa GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average for 2023 based on 14 countries was 19.06 percent. The highest value was in Algeria: 41.23 percent and the lowest value was in the Seychelles: 3.16 percent. The indicator is available from 1960 to 2023. 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.

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.

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

This horizontal bar chart displays GDP (current US$) by ISO 2 country code using the aggregation sum and is filtered where the region is Middle Africa. The data is about countries.

GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

This horizontal bar chart displays GDP (current US$) by demonym using the aggregation sum and is filtered where the region is Middle Africa. The data is about countries.

South Africa's GDP amounted to just over 418 billion U.S. dollars in 2025, the highest in Southern Africa. Zimbabwe ranked second, with a GDP worth around 37 billion U.S. dollars. Lesotho, on the other hand, ranked the lowest with a GDP of over 2.4 billion U.S. dollars.

This horizontal bar chart displays GDP (current US$) by political leader and is filtered where the region is Middle Africa. The data is about countries.

Leading Economic Index South Africa increased 0.90 percent in January of 2025 over the same month in the previous year. This dataset provides the latest reported value for - South Africa Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

As of 2022, the Gross Domestic Product (GDP) of North Africa was estimated at roughly 857 billion U.S. dollars. This was the highest value since 2010, when the region's GDP amounted to approximately 600 billion U.S. dollars. The GDP value in North Africa generally followed an upward trend in recent years. By 2027, it is estimated to exceed 1.1 billion U.S. dollars. Egypt has the largest economy in the region.

This horizontal bar chart displays GDP (current US$) by date and is filtered where the country is Central African Republic. The data is about countries per year.

Techsalerator’s Import/Export Trade Data for Africa

Techsalerator’s Import/Export Trade Data for Africa offers a thorough and detailed examination of trade activities across the African continent. This extensive dataset provides valuable insights into import and export transactions involving companies throughout Africa, covering a wide range of countries and regions.

Coverage Across All African Countries

The dataset includes comprehensive trade data for all African countries, divided into key regions:

North Africa:

Egypt Libya Mauritania Morocco Algeria Sudan Tunisia East Africa: 8. Burundi 9. Comoros 10. Djibouti 11. Eritrea 12. Ethiopia 13. Kenya 14. Madagascar 15. Malawi 16. Mauritius 17. Rwanda 18. Seychelles 19. Somalia 20. Tanzania 21. Uganda

West Africa: 22. Benin 23. Burkina Faso 24. Cape Verde 25. Ivory Coast (Côte d'Ivoire) 26. Gambia 27. Ghana 28. Guinea 29. Guinea-Bissau 30. Liberia 31. Mali 32. Niger 33. Nigeria 34. Senegal 35. Sierra Leone 36. Togo

Central Africa: 37. Angola 38. Cameroon 39. Central African Republic 40. Chad 41. Congo, Democratic Republic of the 42. Congo, Republic of the 43. Equatorial Guinea 44. Gabon 45. São Tomé and Príncipe

Southern Africa: 46. Botswana 47. Eswatini (Swaziland) 48. Lesotho 49. Namibia 50. South Africa 51. Zimbabwe

Comprehensive Data Features

Transaction Details: The dataset includes detailed information on each trade transaction, such as product descriptions, quantities, values, and dates. This allows for precise tracking and analysis of trade patterns and flows across Africa.

Company Information: It provides specific details about the trading companies involved, including company names, locations, and industry sectors, facilitating targeted market research and competitive analysis.

Categorization: Transactions are categorized by industry sectors, product types, and trade partners, offering insights into market dynamics and sector-specific trends within different regions of Africa.

Trade Trends: Users can analyze historical data to observe trade trends, identify emerging markets, and assess the impact of economic, political, or environmental events on trade activities across the continent.

Geographical Insights: The data provides insights into regional trade flows and cross-border dynamics within Africa and with global trade partners, including major international trade relationships.

Regulatory and Compliance Data: Information on trade regulations, tariffs, and compliance requirements is included, helping businesses navigate the complex regulatory environments across various African countries.

Applications and Benefits

Market Research: Businesses can leverage the data to uncover new market opportunities, analyze competitive landscapes, and understand demand for specific products across different African countries and regions.

Strategic Planning: Companies can use insights from the data to develop effective trade strategies, optimize supply chains, and manage risks associated with international trade in Africa.

Economic Analysis: Analysts and policymakers can monitor economic performance, evaluate trade balances, and make informed decisions on trade policies and economic development initiatives.

Investment Decisions: Investors can assess trade trends and market potentials to make informed decisions about investments in Africa’s diverse and rapidly evolving economies.

Techsalerator’s Import/Export Trade Data for Africa provides a crucial resource for organizations involved in international trade, offering a detailed, reliable, and expansive view of trade activities across the African continent.