Top 10 Richest Countries In Africa 2016 – List of Wealthiest African Countries

Top 10 Richest Countries In Africa 2016 – List of Wealthiest African Countries. Africa is one of the biggest considered in the world to be the poorest continents. In part due to its oil-rich soil and human capital, Africa is home to some of the richest countries in the world. The ranking of richest African countries is based on the Gross Domestic Product which gives the value of all final goods and services. Immense possibilities lay in Africa and these countries are certainly using it.

List of Wealthiest Richest Countries In Africa of 2015-2016

Rank Name of Country Per Capita Income
1 Seychelles $25,439.92
2 Equatorial Guinea $19,818.11
3 Gabon $17,053.47
4 Botswana $16,578.59
5 South Africa $11,273.08
6 Libya $10,129.61
7 Tunisia $9,706.59
8 Namibia $7,694.44
9 Algeria $7,541.85
10 Egypt $6,594.00

Here is the list of top 10 wealthy richest countries In Africa for 2015 and 2016.

  1. Nigeria (PPP) — 1 Trillion Dollars

Nigeria is one of the largest emerging economies and it is going to be in top 20 world’s economies by 2020. Nigeria is known for its natural landmarks and wildlife reserves. It has a strong mining, agricultural, oil drilling and exporting sectors. Major cities like Johannesburg and Cape Town offer a unique experience. The population of Nigeria was estimated at 178,516,904 people as of July 1 2014. Nigeria gained partial independence from Britain on October 1, 1960.

  1. Egypt GDP (PPP) — 996 Billion Dollars

Egypt is located in the northeastern corner of Africa. Egypt has one of the biggest histories of any modern country arising in the tenth millennium BCE as one of the world’s first nation states. Egypt has gathered wealth from as far back as 3200 BC. The population of Egypt was estimated at 83,386,739 people as of July 1 2014. The country is Pyramids and famous monuments such as the Great Sphinx.

  1. South Africa GDP (PPP) — 711 Billion Dollars

South Africa is located on the southern tip of the African continent bordered by northern neighbors Namibia, Botswana, Zimbabwe and Mozambique. In the world South Africa is one of the most diverse and enchanting countries. South Africa is popularly known for its mineral resources such as gold and diamond. The population of South Africa was estimated at 53,139,528 people as of July 1 2014.

  1. Algeria GDP (PPP) — 551 Billion Dollars

Algeria is located Northern Africa, bordering the Mediterranean Sea, between Morocco and Tunisia. On this list oil and gas exports have placed Algeria. The population of Algeria was estimated to be 39 851 822 people as of 1 January 2015. Algiers offers rare beauty in the intricate architecture of its most famous buildings.

Top 10 Richest/Wealthiest Countries In AfricTop 10 Wealthiest/Richest Countries In Africa

  1. Morocco GDP (PPP) — 189 Billion Dollars

Morocco became an independent state in 1666 after gaining its sovereignty from France. Morocco is a located in Northwest Africa right on the edge of the African continent, bordering Algerian to the east, Mauritania to the south and the Atlantic Ocean to the west and the Mediterranean Sea to the north. As of 1 January 2015 the population of Morocco was estimated to be 33 573 292 people.

  1. Ethiopia GDP (PPP) — 132 Billion Dollars

Ethiopia is located Eastern Africa west of Somalia. As of 1 January 2015 the population of Ethiopia was estimated to be 100 802 031 people. Ethiopia is one of the highest poverty levels in the world. Ethiopia has an estimated 2015 population of 98.9 million which ranks 13th in the world. Richest Countries In Africa in top list this is here at 6th place with 132 Billion dollars income.

  1. Angola GDP (PPP) — 130 Billion Dollars

Angola is Located in the continent of Africa, Angola covers 1,246,700 square kilometers of land, making it the 23rd largest nation in terms of land area. As of 1 January 2015 the population of Angola was estimated to be 22 116 360 people. Angola is rich in resources such as diamond, oils, natural gas and agriculture.

  1. Ghana GDP (PPP) — 117 Billion Dollars

Ghana is located in the center of the West African. As of 1 January 2015 the population of Ghana was estimated to be 26 778 409 people. Ghana is one of the wealthiest and most modern cities on the continent. Ghana has taken over in cities like Accra and Kumasi with major exports of manufacturing, construction and digital products and services.

  1. Tunisia (PPP) — 105 Billion Dollars

Tunisia is a country with a small population which is located in the continent, region of Africa. Its largest cities and towns include Safaqis, Susah, Qabis and Jarjis. During 2015 Tunisia population is projected to increased by 108 527 and reach 11 205 342 people in the beginning of 2016. This economy is based on agro-food, car parts, phosphates, oil, manufacturing and tourism.

  1. Libya GDP (PPP) — 62 Billion Dollars

Libya is located on the northern part of the continent, on the coast of the Mediterranean Sea, between Tunisia, Algeria and Egypt. The population of Libya was estimated to be 6 543 636 people of 1 January 2015. Libya is the fourth largest country in Africa with an area of almost 1.8 million square kilometers.

Richest Countries In Africa latest list by per GDP Per Capita income earning in 2015 and 2016,more updates will provided shortly so stay in touch with us.

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