Ranking of the richest countries in Africa

Mondo International Updated on 2024-02-01

We all know that the poorest continent in the world is Africa, but no matter how poor the place, there are relatively rich countries, if you put our country in African countries for comparison, China's per capita GDP can only rank second, including one country's per capita GDP has exceeded 20,000 US dollars, this article will take you to take stock of the richest countries in Africa.

1. Seychelles

An island country located in the Indian Ocean, with an area of only 455 km, a population of about 100,000, and the capital Victoria, a per capita GDP of 13,000 US dollars (1US$270,000), tourism is the backbone of the country's economy, accounting for 70% of the country's national income, and half of the country's area is a nature reserve, enjoying the reputation of "tourist's paradise". Seychelles is the richest country in Africa with free and compulsory education, free medical care, a lifelong health care system and a comprehensive employment scheme, as well as various benefits for low-income people, with an average of one car for every seven people. However, the country's light industries such as grain and daily necessities are backward and heavily dependent on imports.

2. Mauritius

The eastern island country of Africa, with an area of 2040 km and a population of about 1.26 million, the capital Port Louis, with a per capita GDP of 10,625 US dollars, is one of the countries with better economic development in Africa, ranking 52nd in the World Economic Forum's 2019 Global Competitiveness Report and ranking first among African countries. The country's economy is based on four major industries: manufacturing, financial services, tourism, and information and communication. Mauritius attaches great importance to education, with free education at the primary, secondary and tertiary levels, and is one of the countries in the developing world with a relatively high level of education. The education rate for the population under the age of 30 is 95 per cent.

3. Equatorial Guinea

Located in the central and western parts of Africa, with a land area of 28,051 km and a population of 1.5 million, the capital is Malabo, with a per capita GDP of 9,200 US dollars, and an average annual economic growth rate of 31 from 1997 to 2004 because of the benefits of oil9%, in 2012, the per capita GDP exceeded 20,000 US dollars, becoming one of the fastest growing African countries.

4. Gabon

The west coast of central Africa, with an area of 268,000 km and a population of 2.22 million, the capital Libreville, with a per capita GDP of 8,229 US dollars, was listed as the only "middle-income" country in French-speaking Africa in 1958.

5. Botswana

A landlocked country in southern Africa, with an area of 581,730 km and a population of 2.35 million, the capital Gaborone, with a per capita GDP of 8,082 US dollars, is one of the countries with rapid economic development and better economic conditions in Africa, with diamond industry, cattle breeding and emerging manufacturing industry as the pillar industries.

6. South Africa

Located in the very south, with a land area of 1219090 km and a population of 60.6 million, there are three capitals, namely, Cape Town, Bloemfontein, Cape Town, Bloemfontein. South Africa is the second largest economy in Africa, a middle-income developing country, and also the most economically developed and industrialized country in Africa, but its per capita GDP is only 6,771 US dollars. South Africa's economy has deteriorated since the black people came to power, and it was once very likely that it would enter the ranks of developed countries.

7. Libya

North African countries, with an area of 1,760,000 km and a population of 7.1 million, the capital Tripoli, have a per capita GDP of 5,465 US dollars, and oil is the backbone of its economy. After the lifting of sanctions, the economy gradually recovered, and then the civil war led to a slowdown in the economy.

8. Algeria

North African countries, with an area of 2,380,000 km and a population of 45.6 million, the capital of Algiers, Algeria's economy ranks fourth in Africa, but its per capita GDP is not high, at 5,187 US dollars, Algeria is the world's second largest natural gas exporter, the world's fifth largest natural gas reserves, and the world's 15th largest oil reserves.

9. Namibia

Located in southwest Africa, with an area of 824269 km, a population of 2.59 million, the capital Windhoek, and a per capita GDP of 4911 US dollars, it is the last independent country on the African continent. Its marine fishery resources are very abundant. It is the sixth largest producer of diamonds in the world.

10. Eswatini

The southern African country, surrounded by South Africa on three sides, covers an area of 17,363 km, has a population of 1.2 million, and the capital is Mbabane, with a per capita GDP of 4,039 US dollars, ranking among the top African countries in the sub-Saharan Desert.

Of these ten countries, only Seychelles is relatively rich, and the rest of the country is still relatively backward in terms of economy, and like most other African countries, it needs foreign financial assistance to keep the national economy functioning normally, and there is still a long way to go to achieve true wealth.

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About the author: A Qiang discusses the world, shares geography, humanities, history and other knowledge, pays attention to [A Qiang discusses the world], and takes you to appreciate a different world.

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