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There are many indices with which the economic growth, output and development of a country is measured. GDP per capita is one of the truest measures of a country’s economic output. GDP per capita is the sum of gross value added by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output, divided by mid-year population A high GDP per capita indicates a high standard of living, a low one indicates that a country is struggling to supply its inhabitants with everything they need. Seychelles is the richest economy in Africa, followed by Mauritius and Gabon. Only two economies Seychelles and Mauritius would have per capita gdp above $10,000. Burundi is the poorest economy in Africa. Nineteen African economies have gdp per capita below $1000. In 2023, Botswana will overtake Equatorial Guinea to become the 4th richest economy in Africa. Egypt will move down from 9th to 14th position. None of the African economies is in the list of the top 50 world gdp per capita ranking. Out of 54 economies, gdp (nominal) per capita of 37 economies would increase, and 17 economies would decrease in 2023 compared to 2022. Mauritius will add $1,524 in 2023, followed by Seychelles ($907), Algeria ($568), São Tomé and Príncipe ($492), and Cabo Verde ($454). Equatorial Guinea ($-1,352), Gabon ($-939), Angola ($-888) and Egypt ($-817) are the top decliners, In ppp data, Seychelles, Mauritius and Libya have gdp per capita of above 20 k Int. Dollars. Thirteen economies would have per capita gdp above Int. $10,000. Botswana and Gabon would overtake Equatorial Guinea to become the 4th and 5th richest economy in Africa, None of the African economies is in the list of the top 50 world gdp per capita ranking. Burundi is the poorest economy in Africa. Out of 54 economies, gdp (ppp) per capita of 52 economies would increase, and two economies would decrease in 2023 compared to 2022. Libya will add Int. $3,278 in 2023, followed by Seychelles (Int. $2,750),and Mauritius (Int. $2,415). Equatorial Guinea and Sudan are the two decliners. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita. This page provides values for GDP per capita reported in several countries part of Africa. The table has current values for GDP per capita, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts.Full Year GDP Growth GDP GDP Annual Growth Rate GDP Constant Prices GDP from Agriculture GDP from Construction GDP from Manufacturing GDP from Mining GDP from Public Administration GDP from Services GDP from Transport GDP from Utilities GDP Growth Rate GDP per Capita GDP per Capita PPP Gross Fixed Capital Formation Gross National Product Commodity Currency Government Bond 10Y Stock Market Employed Persons Employment Change Employment Rate Full Time Employment Initial Jobless Claims Job Vacancies Labor Force Participation Rate Labour Costs Long Term Unemployment Rate Minimum Wages Non Farm Payrolls Part Time Employment Population Productivity Retirement Age Men Retirement Age Women Unemployed Persons Unemployment Rate Wage Growth Wages Wages in Manufacturing Youth Unemployment Rate Consumer Price Index CPI Core Consumer Prices Core Inflation Rate CPI Housing Utilities Export Prices Food Inflation GDP Deflator Harmonised Consumer Prices Harmonised Inflation Rate MoM Harmonised Inflation Rate YoY Import Prices Inflation Expectations Inflation Rate Inflation Rate MoM Producer Price Inflation MoM Producer Prices Producer Prices Change Banks Balance Sheet Cash Reserve Ratio Central Bank Balance Sheet Deposit Interest Rate Foreign Exchange Reserves Interbank Rate Interest Rate Lending Rate Loan Growth Loans to Private Sector Money Supply M0 Money Supply M1 Money Supply M2 Money Supply M3 Private Debt to GDP Balance of Trade Capital Flows Crude Oil Production Current Account Current Account to GDP Exports External Debt Foreign Direct Investment Gold Reserves Imports Remittances Terms of Trade Terrorism Index Tourism Revenues Tourist Arrivals Weapons Sales Asylum Applications Corruption Index Corruption Rank Credit Rating Fiscal Expenditure Government Budget Government Budget Value Government Debt Government Debt to GDP Government Revenues Government Spending Government Spending to GDP Holidays Military Expenditure Bankruptcies Business Confidence Capacity Utilization Car Production Car Registrations Cement Production Changes in Inventories Composite PMI Corporate Profits Electricity Production Factory Orders Industrial Production Industrial Production Mom Leading Economic Index Manufacturing PMI Manufacturing Production Mining Production New Orders Services PMI Small Business Sentiment Steel Production Total Vehicle Sales ZEW Economic Sentiment Index Bank Lending Rate Consumer Confidence Consumer Credit Consumer Spending Disposable Personal Income Gasoline Prices Households Debt to GDP Households Debt to Income Personal Savings Personal Spending Private Sector Credit Retail Sales MoM Retail Sales YoY Building Permits Construction Output Home Ownership Rate Housing Index Housing Starts Price to Rent Ratio Residential Property Prices Corporate Tax Rate Personal Income Tax Rate Sales Tax Rate Social Security Rate Social Security Rate For Companies Social Security Rate For Employees Crude Oil Rigs Natural Gas Stocks Capacity Natural Gas Stocks Injection Natural Gas Stocks Inventory Natural Gas Stocks Withdrawal Coronavirus Cases Coronavirus Deaths Coronavirus Vaccination Rate Coronavirus Vaccination Total Hospital Beds Hospitals ICU Beds Medical Doctors Nurses CO2 Emissions Precipitation Temperature TRADING ECONOMICS Subscriptions We have a plan for your needs. Standard users can export data in a easy to use web interface. Advanced users can use our excel add-in or our Python/R/Matlab packages. API users can feed a custom application. Economic Calendar Historical Data News Stream Earnings Releases Credit Ratings Forecasts Markets Currencies Stocks Commodities Bonds Crypto Get Started We Are Hiring Trading Economics welcomes candidates from around the world. Current job openings: What is the richest country in Africa GDP per capita?GDP per capita of African countries 2022Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2022. Which country has the strongest GDP in Africa?It is Nigeria, a country in West Africa, which stands out as the most powerful economy on the continent. With a GDP estimated at $477 billion in 2022, Nigeria is at the top of the ranking of the richest African countries, ahead of Egypt and South Africa. What is Africa's top 10 richest country?Top 10 richest countries in Africa in 2024 – IMF. Botswana. ... . Gabon. ... . Egypt. ... . Equatorial Guinea. ... . South Africa. ... . Algeria. ... . Tunisia. Tunisia, with a GDP-PPP per capita of $13,694, has positioned itself as a strategic economic player in North Africa. ... . Morocco. Morocco secures the tenth position with a GDP-PPP per capita of $10,926.. What is the richest countries by GDP per capita?Luxembourg, whose financial sector makes up 25% of its GDP, is the world's richest country by GDP per capita. With a population of just 660,000, the country is also considered a tax haven, incentivizing foreign investment due to its favorable tax policies. |
