Which African country has highest GDP?

List of African countries by GDP (nominal)

Rank Country Nominal GDP (Billion US$)
1 Nigeria 510.588
2 Egypt 435.621
3 South Africa 426.166
4 Algeria 193.601

What percentage of world GDP is Africa?

GDP of Africa Africa accounts for 2.84% of the world GDP in nominal terms.

Which continent has the highest GDP?

List of continents by GDP. Asia is the largest continental economy by both GDP Nominal and PPP in the world. With $36.8 trillion in nominal terms, Asia accounts for 39% of the world GDP.

Which country in Africa is powerful?

1. Egypt: Egypt has an overall population of 99,413,317 individuals, with 42,946,553 (43.2%) of the population available for work. It ranks first among Africa’s most powerful countries. The entire military population is projected to be approximately 920,000, including 440,000 active military members.

What is the 2nd poorest continent?

Europe is at 2nd place, Oceania is at 3rd, and South America is at 4th position in ppp methods. Africa is the poorest continent in the world….List of continents by GDP per capita.

Source International Monetary Fund World Economic Outlook (October-2021)
Date 03 Nov 2021

Is Asia richer than Europe?

For the first time in modern history, Asia is now richer than Europe. And it is catching up with North America too; by 2019 the region’s wealth is expected to reach $75 trillion compared to $63 trillion in North America.

Is Congo richer than India?

India has a GDP per capita of $7,200 as of 2017, while in Democratic Republic of the Congo, the GDP per capita is $800 as of 2017.