Top 10 Richest Countries In Africa 2022 | Top 10 African Countries largest Economies In Africa 2022

Top 10 Richest Countries In Africa 2022 | Top 10 African Countries largest Economies In Africa 2022

The beautiful continent of africa is blessed with an abundance of natural resources,raw materials,precious metals,and fertile soil. Todays video is going to unbox top 10 richest countries in Africa 2022, The todays video is all about Africa,the most inspiring quotes about Africa and the best African sunsets,are among the most read pieces on this site,and I’m so glad to see that so many of you are as interested in Africa. With my background in finance, I thought I’d combine my love for travel and learning more about the world to showcase something little different. The top 10 African largest Economies 2022 are: 01: Nigeria : The below details shows Nigeria make it,to the top 10 largest economies in the continent GDP: $510.588 Billion (nominal, 2022 est.) Global Ranking: 31st Population: 215,553,411 GDP per capita: $2,355 (nominal, 2022 est.) Real GDP growth: 3.4% Country group: developing lower-middle income economy Value of exports: $53,618 million (2019) Current account balance: -$15.486 billion Currency: Nigerian Naira (NGN, ₦). The sizeable GDP is mainly driven by finance, transport, infrastructure, tourism, and an abundance of crude oil,the country records around 1.6 million barrels of crude oil a day, according to OPEC, making it the largest exporter of crude oil in Africa. These petroleum exports make up 10% of the total GDP and over 80% of the export sector revenue. 02: Egypt : GDP: $435.621 Billion (nominal, 2022 est.) Global Ranking: 35th Population: 105,891,415 GDP per capita: $4,162 (nominal, 2022 est.) Real GDP growth: 3.3% Country group: developing lower-middle income economy Value of exports: $36.7 billion (2019 est.) Current account balance: −$15.386 billion (2021 est.) Currency: Egyptian Pound (EGP, E£). 03 South Africa : GDP: $426.166 Billion (nominal, 2022 est.) Global Ranking: 36th Population: 60,689,034 GDP per capita: $6,979 (nominal, 2022 est.) Real GDP growth: 4.9% Country group: developing upper-middle income economy Value of exports: $89,396 billion (2019) Current account balance: $11.944 billion (2021 est.) Currency: South African Rand. 04 Algeria : GDP: $193.601 Billion (nominal, 2022 est.) Global Ranking: 58th Population: 45,301,688 GDP per capita: $4,294 (nominal, 2022 est.) Real GDP growth: 3.4% Country group: developing upper-middle income economy Value of exports: $35,191 million (2017 est.) Current account balance: −$12.492 billion Currency: Algerian dinar (DZD, دج). The largest country on the continent found in the north, Algeria comes in at fourth place on this list of wealthiest countries in Africa. 05 Morocco : GDP: $133.062 Billion (nominal, 2022 est.) Global Ranking: 60th Population: 37,716,972 GDP per capita: $3,628 (nominal, 2022 est.) Real GDP growth: 4.5% Country group: developing lower-middle income economy Value of exports: $29,328 million (2019) Current account balance: −$3.867 billion (2021 est.) Currency: Moroccan dirham (MAD). With a GDP of over $130 Billion, Morocco comes in at number 5 on this list of richest countries in Africa. 06 Angola : GDP: $124.862 Billion (nominal, 2022 est.) Global Ranking: 61st Population: 34,749,632 GDP per capita: $3,792 (nominal, 2022 est.) Real GDP growth: 0.2% Country group: developing lower-middle income economy Value of exports: $2.289 million (2020) Current account balance: $5.163 billion Currency: Angolan kwanza (AOA, Kz). 07 Kenya : GDP: $114.679 billion (nominal, 2022 est.) Global Ranking: 65th Population: 55,944,116 GDP per capita: $2,251 (nominal, 2022 est.) Real GDP growth: 5.6% Country group: developing lower-middle income economy Value of exports: $5,836 million (2019 est.) Current account balance: −$5.517 billion Currency: Kenyan shilling (KES, KSh). Kenya, a country in East Africa well known for its vast landscapes and wildlife is next on Africa’s richest country list, having a GDP of over $100 Billion. 08 Ethopia : GDP: $105.325 Billion (nominal, 2022 est.) Global Ranking: 68th Population: 120,210,483 GDP per capita: $1,039 (nominal, 2022 est.) Real GDP growth: 2% Country group: developing low income economy Value of exports: $7.6 billion (2019 est.) Current account balance: −$2.663 billion Currency: Birr (ETB, ብር). Found in the horn of Africa, the landlocked country of Ethiopia split by the Great Rift Valley is the eighth richest country in Africa. 09 Tanzania : GDP: 77.506 Billion (nominal, 2022 est.) Global Ranking: 73rd Population: 62,864,118 GDP per capita: $1,260 (nominal, 2022 est.) Real GDP growth: 4.3% Country group: developing low income economy Current accoount balance: –$2.241 billion (2021 est.) Currency: Tanzanian shilling (TZS, GDP: $73.894 Billion (nominal, 2022 est.) Global Ranking: 75th Population: 32,268,187 GDP per capita: $2,303 (nominal, 2022 est.) Real GDP growth: 4.1% Country group: developing lower-middle income economy Value of exports: $16.768 million (2019 est.) Current account balance: $11.944 billion Currency: Cedi (GHS, GH₵). We all love are, Africa is our fathersland