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Top 10 African Countries and their Contribution to Africa’s GDP

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Mon, 7 Oct 2024 Source: businessinsiderafrica

Gross Domestic Product (GDP) is the total monetary value of goods and services produced within a country, reflecting its economic health.

In Africa, Egypt holds the largest share of the continent's GDP at 13.63%, followed by South Africa (13.01%) and Nigeria (12.50%). Other key contributors include Algeria, Ethiopia, and Sudan.

According to the African Development Bank and IMF, 41 African countries are projected to experience stronger growth in 2024, with six Sub-Saharan African nations among the top 10 performing global economies.

Africa's economic landscape is diverse, with varying growth rates across its 54 nations.

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Source: businessinsiderafrica