With a GDP per capita of $418.41, the nation’s economy has been weakened by the long period of political instability. This is a list of the African nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). Top 20 Richest Countries in Africa 2020. 10. Permission to use quotation from any article is granted subject to full credit of the source being given by referencing the direct link of the article on Victor Mochere. Certainly, Petroleum is the main source of revenue in the country, followed by Manganese and timber business. GDP per capita: 19.17 thousand; Botswana. While it may be the richest country on the African continent, South Africa's GINI index - measuring wealth inequality - is at over 63, on a scale where perfect equality is zero. Top 10 Richest Presidents in Africa 2020 8. A big number of African presidents are worth much more than anyone can imagine. Notably, the countries on this list of richest African countries are ranked based on GDP Per Capita. Country: South Africa. Furthermore, its the richest country in Africa per capita gdp in 2020. When determining which countries are the most developed, the Human Development Index (HDI) is used by quantifying their development, such as life expectancy, healthcare, and education, and setting it on a scale of 0 to 1. Top 20 Poorest Country and Countries In Africa 2021. Save my name, email, and website in this browser for the next time I comment. Despite wealth disparities in several African countries, there is a lot of wealth to be found. The 10 Richest Countries In Africa (2021) 396 . Seychelles is an archipelago in the Indian Ocean which is home to some 100 000 people. The Central African Republic . The top richest countries list have some really interesting contenders on them, which just goes to show that you don’t have to be a big and mighty country to rake in the moolah. Here are 20 of the richest countries in the world as calculated by GDP per capita. Back in 2017, Norway's GDP registered as 74,571 USD. He owns about 90% of publicly-traded Dangote Cement through a holding company. The country has a GDP of about $11,528. READ ALSO: Kenya ranked fifth richest country in Africa . Or maybe, that’s exactly why they can stay rich. Africa is one of the richest continents in the world in terms of land-soil, favorable weather, and many more, but has rich as the continent is, its totally different story to most countries as Africa serve has to site for some of the poorest countries in the world. African countries have huge natural reserves of Cobalt, Platinum, Gold, Chromium, Tantalite, Manganese, Uranium and Diamond. Hover over Click on a tile for details. Top 20 richest African countries. Figures are given in international dollars according to the International Monetary Fund.. Top 10 richest cities in Africa in 2020. Victor Mochere is an award winning blogger, social media influencer, literati savant, altruistic, and a netpreneur creating and marketing digital content. ... Israel is the 13th richest country in Asia and the 39th richest country in the world as it has experienced a GDP per capita increase of 3.1 percent since 2019. The African […] A recent publication by the USA today named 20 African countries among the 25 poorest countries in the world. Wizkid, Burna Boy, and Davido all use Afro-fusion or Afro-pop to describe their music. Follow me as I take you on a tour through the top 5 0 richest African countries, based on GDP per capita. Top 10 richest musicians in South Africa 2021, Top 10 richest musicians in Tanzania 2021, Top 10 highest earning creators on OnlyFans 2021, Best sites to watch or download movies for free. Bahrain is also known as the Kingdom of Bahrain. Sadly, this does not reflect the state of Africa’s economy. Its 160-million people have helped the country propel itself to be the largest consumer retailer in Africa, along with its petroleum exports. Richest Countries in Africa 1. Top 20 Richest People in Africa 20. Iceland- GDP: $48,070. The country is among the largest oil producers of Africa. All rights reserved. The top richest countries list have some really interesting contenders on them, which just goes to show that you don’t have to be a big and mighty country to rake in the moolah. Top 20 Richest People in Africa 2020: Aliko Dangote of Nigeria is the richest man in africa (for the 9th year in a row) His networth is estimated at $10.1b. Dangote Group founder Aliko Dangote has topped the 2018 list. You're signed out. While there are several ways to compare the wealth of a nation, one of the best ways to measure is by taking a look at the purchasing gross domestic product – or GDP – of a nation. Precisely, the best part of Botswana’s wealth can be attributed to its massive production of diamonds, making it … Population < 50,000,000,000 ... information from the 2017 International Monetary Fund data was used to determine each country’s GDP. According to confirmations, Africa is the last in the list of the richest or wealthiest continents in the world. Top 20 Required fields are marked *. Botswana. South Africa is the second richest country in Africa and one of the fastest developing nations in the world. In the article, we bring to you Richest Men in Africa 2020 Generating a net worth of 10.3 billion dollars, Aliko Dangote, the Nigerian Billionaire is the richest man […] Two Nigerians maintained the first and second positions, with only one woman making the top 10 list while businessmen make up the whole list of 10 richest people in Africa. 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