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Richest Nigerian States Ranked By GDP / The Richest Countries In Africa - Is Nigeria Among? Lets See / Richest Countries In Africa According To Their GDP Per Capita (2) (3) (4)

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Richest Countries In Africa According To Their GDP by HolyHolla(m): 7:34am On Nov 10, 2013
Todays Nigeria reports:

Well every country has money, some more, some less but it's not really about who has more money, it's about how the country utilizes it's money. Reading this list might make some of us disappointed cause there's nothingto show for it.
Africa is one of the largest continents in the world and the home to 53 nation states. Although regarded as the poorest continent, there are some progressing economies in Africa which are quite wealthy. Here is the list of top ten 10 richest nationsor countries in Africa with respect to Gross Domestic Product (Purchasing Power Parity).

Interestingly, African Americans spend $960 billion in the US with a projected growth to $1.2 trillion by 2012. If regarded as a nation-state African Americans would representthe 14th largest economy in the world, and the largest nation on the African continent.

1. Egypt: The country has a highly developed economy, and she is the first richest country in Africa having 467,600 dollars GDP (PPP). GDP (Nominal) per capita of Egypt is 187.956 billion dollars in 2009, estimated by IMF. Egypt has a developed energy market based on coal, oil, natural gas, and hydro power. Egypt has huge reservesof gas, estimated at 1,940 cubic kilometers, and LNG is exported to many countries.

2. South Africais the second richest country of Africa and is ranked 25th in the world in terms of GDP (PPP) as of 2009. GDP (PPP) of South Africais 403,900 dollars while GDP per capita is 227.379 billion dollars. South Africais the largest energy producer and consumer on the continent. The country is also a popular tourist destination, and a substantial amount of revenue comes from tourism. Among the main attractions are the diverse and picturesque culture, the game reservesand the highly regarded local wines.

3. Nigeria is the third richest country of Africa continent having $ 294,800 billions GDP compared on purchasing power parity GDP per capita of Nigeria is 165.437 billion dollars with growing population. Nigeria is currently the 50th largest export market for U.S goods and the 14th largest exporter of goods to the U.S. Nigeria used part of itsoil profits to pay the residual 40% freeing up at least $ 1.15 billion annually for poverty reduction programs.

4. Algeria is the fourth richest country of Africa having $ 268,900 dollars GDP (PPP) while GDP per capita of Algeria is 134.797 billion dollars estimated by IMF in 2009. The fossil fuels energy sectoris the backbone of Algeria’s economy, accounting for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings.The country ranks fourteenth in petroleum reserves, containing 11.B billion barrels of proven oil reserves with estimates suggesting that the actual amount is even more.

5. Morocco is the fifth richest countryof Africa continent having $ 127,000 GDP (Purchasing Power parity) in her account whereas GDP per capita is 90.775 billion dollars in 2009. Morocco is the world’s third-largest producer of phosphorus and the price fluctuations of phosphates on the international market greatly influence economy. In the Arab World, Morocco has the second-largest non-oil GDP, behind Egypt.

6. Angola is one of the fastest growing economy in the world. The country is the sixth richest country of Africa having 93,100 dollars GDP compared on purchasing power parity. The GDP per capita of Angola is 69.708 billion dollars. Anti-corruption watchdog Transparency internationalrated Angola one of the 10 most corrupt countries in the world. Oil production from Angola now is china’s biggest supplier of oil.

7. Libya is the seventh richest nation in Africa having 90,600 dollars GDP (purchasing power parity) while GDP per capita of Libya is 60.609 billion dollars. Today, high oil revenues and a small population give Libya one of the highest GDPS per person in Africa. The world Banks defines Libya as an “Upper Middle Economy” along with only seven other African countries.

8. Sudan is the eight richest countryin Africa having 80,500 dollars GDP (PPP) whereas GDP per capita of Sudan is 54,294 billion dollars. Currently oil is Sudan’s main export, and the production is increasing dramatically. Agriculture production remains Sudan’s most important sector, employing 80% of the workforce and contributing 39% of GDP.

9. Tunisia: In 2008 Tunisia had a GDP of $ 41 billion (official exchange rates) or $ 82 billion on measured purchasing power parity. It also has one of Africa and the Middle East’s highest per capita GDP (PPP) having 76,900 dollars. Tunisia was the first Mediterranean countryto sign an association agreement with the European Union. The Agricultural Sector stands for 11.6% of the GDP, industry 25.7% and services 62.8%.

10. Ethiopia has the biggest economy in east Africa (GDP) as the Ethiopian economy is also one of the fastest growing in the world. GDP (PPP) of Ethiopia is 61,600 dollars and GDP per capita is 33.920 billion Agriculture accounts for almost 41 per cent of the gross domestic product (GDP), 80% of export, and 80% of the labour force. Ethiopia is Africa’s second biggest maize producer.
Re: Richest Countries In Africa According To Their GDP by bigtt76(f): 8:11am On Nov 10, 2013
Noted ...packs bag and heads to the nearest airport!
Re: Richest Countries In Africa According To Their GDP by Nobody: 8:24am On Nov 10, 2013
Noted. But the most important thing is relative peace.

1 Like

Re: Richest Countries In Africa According To Their GDP by Nobody: 8:39am On Nov 10, 2013
D list is old...
Re: Richest Countries In Africa According To Their GDP by HolyHolla(m): 8:41am On Nov 10, 2013
bigtt76: Noted ...packs bag and heads to the nearest airport!


Where to?

In Egypt, you have the Muslim Brotherhood uprising and they are killing Christians.

In South Africa, Nigerians are fast becoming 'persona non grata' and are under attacks and harassments.

In Algeria, you also have the throat-cutting Muslim Brotherhood killing Christians.

In Nigeria, you have the fraudster government officials stealing us dry.

In Morocco, you dare not be caught stealing as common in Nigeria.

In Angola, you'd better be an Angolan to steal like a Nigerian.

In Libya, Nigerians are still suspect in protecting Ghadaffi, and many are still languishing in prisons, plus, they are burning Churches and forcing Christians to convert under threat of beheading.

In Sudan, you may be caught up in North-South conflicts over control of oil.

In Tunisia, there are many Nigerians already, trying to cross the desert to Europe, so it can't be 'Uhuru'.

In Ethiopia, you have only the maize farms to work on and I doubt if a Nigerian would want to fit into the rigors of subsistence farming with cutlass and hoe. Even then, where is the land for you in a country fast encroached by desertification?

We'd better find ways to get our acts together as a nation so we can enjoy Nigeria. Even, "Andrew" died without being able to check out!!!

5 Likes

Re: Richest Countries In Africa According To Their GDP by HolyHolla(m): 8:49am On Nov 10, 2013
emmy-richie:
Noted. But the most important thing is relative peace.

Sure, I 'love' the peace of Boko Haram, Niger Delta pirates, kidnappers, ritualists, police bullets, political thuggery causing stampede at political gatherings and church events, multiple taxations on the poor, government looking away while the girls in power buy bullet proof cars, politicians building empires that tempt even the poorest to consider violence to retrieve their own share, ... what else?
Re: Richest Countries In Africa According To Their GDP by Nobody: 10:07am On Nov 10, 2013
wey Ghana dey? grin
Re: Richest Countries In Africa According To Their GDP by asanchez(m): 10:17am On Nov 10, 2013
.......
Re: Richest Countries In Africa According To Their GDP by Iceman296: 10:21am On Nov 10, 2013
Suprised Our "Noisy Neighbour" ain't there!

The North African Countries are Quite Rich though!
Re: Richest Countries In Africa According To Their GDP by holyvirgin: 10:45am On Nov 10, 2013
wazoboy: wey Ghana dey? grin
3rd most corrupt country in the world.
grin
Re: Richest Countries In Africa According To Their GDP by khadaffi(m): 10:54am On Nov 10, 2013
This list is not correct. Op how did you come about this information?
Re: Richest Countries In Africa According To Their GDP by Zonacom(m): 10:59am On Nov 10, 2013
Dont wanna sound racist but truth be told, black Africa is sick. This list shows that the blacks are still very backward globally. North africans(Arabs) control morethan half of africa's economy. South Africa is doing well cos of the huge presence of the whites. That nigeria is even third is cos of oil, we need to ask ourselves questions.
Re: Richest Countries In Africa According To Their GDP by seunfly: 11:24am On Nov 10, 2013
Zona.com:
Dont wanna sound racist but truth be told, black Africa is sick. This list shows that the blacks are still very backward globally. North africans(Arabs) control morethan half of africa's economy. South Africa is doing well cos of the huge presence of the whites. That nigeria is even third is cos of oil, we need to ask ourselves questions.
It seems black people have a particular problem and propably sick upstirs. Check out the rich African countries are not suppose to be near subsahran african countries if u consider their resources and human capital. Yet egypt that relies on arabian and american aid, tunisia with little resource other than few oil feilds, morroco and algeria are toping the list.
Even white help develop South africa while angola had no choice than to quickly develop her economy about 10years ago after a decade of war.
Where is our diamond, gold, oil, copper, iron, aluminium, our valuable mineral resources, huge human resources, fertile soil, Natural tourism terrain etc. All we know how to do is evil to one and other, blame white for our problems, incite tribal/ethnic hatred to cover up our greed, incompetence and corruptions.
We just have to wake up and do something about it.
Re: Richest Countries In Africa According To Their GDP by iterator25: 11:31am On Nov 10, 2013
HolyHolla:


Where to?

In Egypt, you have the Muslim Brotherhood uprising and they are killing Christians.

In South Africa, Nigerians are fast becoming 'persona non grata' and are under attacks and harassments.

In Algeria, you also have the throat-cutting Muslim Brotherhood killing Christians.

In Nigeria, you have the fraudster government officials stealing us dry.

In Morocco, you dare not be caught stealing as common in Nigeria.

In Angola, you'd better be an Angolan to steal like a Nigerian.

In Libya, Nigerians are still suspect in protecting Ghadaffi, and many are still languishing in prisons, plus, they are burning Churches and forcing Christians to convert under threat of beheading.

In Sudan, you may be caught up in North-South conflicts over control of oil.

In Tunisia, there are many Nigerians already, trying to cross the desert to Europe, do it can't be 'Uhuru'.

In Ethiopia, you have only the maize farms to work on and I doubt if a Nigerian would want to fit into the rigors of subsistence farming with cutlass and hoe. Even tgen, where is the land for you in a country fast encroached by desertification?

We'd better find ways to get our acts together as a nation so we can enjoy Nigeria. Even, "Andrew" died without being able to check out!!!
bros, no vex o, Who be Andrew?
Re: Richest Countries In Africa According To Their GDP by PetroDolla2: 11:47am On Nov 10, 2013
holyvirgin:
3rd most corrupt country in the world.
grin
fuckeduppedness hahahahahaha seems you are laughing on the wrong side of your mouth,huh?


Peregrino Brimah: Nigeria ranks bottom 10 in world in almost everything – to act or give up?
By Peregrino Brimah on October 22, 2013

Below is a compilation of just a few indices in which Nigeria ranks proudly at the bottom 10 in the entire world:
#8 – General Corruption: Nigeria is 8th most corrupt nation in the world grin angry according to Transparency International 2013 Global Corruption Barometer.
#4 – Police corruption: Nigeria ranked 4th highest in the world for perceiving the police as corrupt shocked smiley wink, according to the same Transparency survey.
#1 – Being born: The Economist Intelligence Unit, EIU ranked Nigeria the worst place to be born in 2013. shocked cool
#4 – Population in Slavery: Nigeria with up to 740,000 in slave bondage ranks 4th in the world in modern slave nations smiley sad lipsrsealed, according to the just released Global Slavery Index. Fitting in after Pakistan.
#1 –High Sea Piracy: As the world records lower global stats, thanks to Nigeria, West Africa is now the world piracy capital. According to the International Maritime Bureau reported Nigeria had 11 of 66 global incidents for the first quarter of 2013. 966 sailors were attacked last year off West African coasts.
#9 – Maternal mortality: According to World Bank data, Nigeria ranks 9th worst in the world with 630 deaths per 100,000 smiley embarassed kiss cry from 10 years data collected from 1990-2010.
#2 –Software Piracy: The 2011 Global Software Piracy Study conducted by Business Software Alliance ranked Nigeria 2nd in the world, with software piracy costing the nation a whopping $251m (N39.4bn).
#1 – Exam Malpractice: Director General National Orientation Agency (NOA) Mr. Mike Omeri whose agency partners with Exam Ethics Marshals International, in 2012 ranked Nigeria #1 in the World Exam Malpractice Index. kai smiley tongue
#11 – Good Governance: Nigeria ranked 4th worst in West Africa, wink undecided 13th of 16, in Safety & Rule of Law, Participation & Human Rights, Sustainable Economic Opportunity, and Human Development, in the 2013 Ibrahim Index of African Governance. Nigeria ranked 41st out of the 52 countries listed overall.
#1 – Bribe: Nigeria ranks highest for Bribe in the world grin sad shocked on the Foreign Corrupt Practices Act (FCPA) interactive map, online at- fcpamap.com
#1 – VVF: According to United States Agency for International Development, USAID, Nigeria has the highest prevalence of Vesico-Vaginal Fistula in the world smiley cry kiss, with over 200,000 patients and an annual incidence at 20,000. That is 40% of the global cases in Nigeria alone.
#7 – Terrorism: Global Terrorism Index (GTI) ranks Nigeria the 7th worst in the world for terrorism :oover the last 10 years, according to its 2012 assessment.
#2 – Road Traffic Accidents (RTA): In 2012, Nigeria ranked second highest in road traffic accident wink(RTA) fatalities among the 193 countries in the world according to the Minister of Health.
#1 – Aviation Accident for 2012: In 2012 with over 153 onboard deaths and more on the ground, in the Dana Air Boeing MD83 airline accident, Nigeria had the world’s worst aviation accident shocked.
#4 – Worst City: Despite aggressive transformation by the Lagos government, the EIU in its 2013 annual survey of 140 major metropolises ranked Lagos the 4th worst city in the entire world shocked.
#7 – Growing Old: Global AgeWatch Index 2013 ranking of 91 countries, put Nigeria at #85; the seventh worst country to grow old in. grin shocked Nigeria in the report ranked third lowest for income security.
#2 – HIV/AIDS: With an estimated 3.4 million living with the virus, the National Action Committee on Aids (NACA) put the nation as the second worst in the world.
#2 – Electricity: Nigeria is ranked by the World Bank as the 2nd worst in the world in power cool tongue embarassed lipsrsealed (electricity) supply. According to the report, 82.4 million Nigerians, half the nation lived without power. India is #1.
#1 – Kidnapping: In the first half of 2013, Nigeria had the most kidnapping attempts of any nation in the world sad sad cool tongue, according to NYA International organization of Crises prevention and response. Recording 26%, over a quarter of all incidents. Mexico was second with 10% and Pakistan 3rd with 7%.
#1 – Oil Spills Worldwide: From Vanguard on November 14, 2012: Nigeria has highest oil spill in the world angry angry– Senate; the nation records the highest number of oil spill incidences among oil producing countries with no penalty regime attached to such oil spills
#4 – Oil Spillage Outages: Vanguard reported on October 8th, 2013, that with more than 200,000 barrels per day (bpd) of crude oil being lost to pipeline vandalism, Nigeria ranks 4th worst in the world in oil spillage outages cool, according to Deutsche Bank and other shipping and industry estimates. Libya, Syria, Iran and lead Nigeria in outages for obvious reasons including recent wars and US sanctions at Iran.
But there is a glimmer of hope in it all. Nigeria actually does take the first position in something great:
#1 – Highest Paid Legislators: The Economist magazine revealed that Nigerian federal legislators are the highest paid in the world cool with an annual basic salary of $189,500 (N30.6 m).

Dr. Peregrino Brimah

1 Like

Re: Richest Countries In Africa According To Their GDP by Nobody: 12:29pm On Nov 10, 2013
That list is wrong.
Top ten are

Rank
Country
2009 (Billion USD)
2010 (Billion USD)
2011 (Billion USD)
World
57,920.270
62,909.274
69,659.630
Africa
1,476.179
1,730.072
1,880.380
1
South Africa
283.977
357.259
408.074
2
Nigeria
168.846
216.803
238.920
3
Egypt
188.608
218.466
235.719
4
Algeria
139.763
160.270
190.709
5
Angola
75.508
85.312
100.948
6
Morocco
91.374
103.482
99.241
7
Sudan
55.802
68.441
64.750
8
Tunisia
43.523
44.290
46.360
9
Ghana
25.988
31.084
37.158
10
Libya
60.239
74.232
36.874


http://en.wikipedia.org/wiki/List_of_African_countries_by_GDP_(nominal)

1 Like

Re: Richest Countries In Africa According To Their GDP by Nobody: 12:35pm On Nov 10, 2013
List of African countries by GDP per capita
GDP (PPP) per capita 2010; African/World
rank 2010;
Nation
GDP by agriculture 2010
GDP by industry 2010
GDP by services 2010
Total GDP (PPP) 2010; African/World rank
2010;
GDP real growth rate 2010
$ 36,600 001/028 (001/041)
Equatorial Guinea
02.2%
93.9%
03.8%
$ 23,820,000,000 019/116 (021/113)
-0.80%
$ 23,200 002/056 (003/057)
Seychelles
02.9% (2009)
30.8% (2009)
66.2% (2009)
$ 2,053,000,000 048/185 (052/172)
6.20%
$ 14,500 003/080 (009/089)
Gabon
04.5%
62.7%
32.8%
$ 22,480,000,000 021/120 (033/138)
5.70%
$ 14,000 004/082 (002/054)
Mauritius
04.8%
24.6%
70.5%
$ 18,060,000,000 026/129 (026/120)
4.00%
$ 14,000 005/083 (005/063)
Libya
02.6%
63.8%
33.6%
$ 90,570,000,000 009/074 (008/067)
4.20%
$ 14,000 006/084 (006/064)
Botswana
02.3% (2009)
45.8% (2009)
51.9% (2009)
$ 28,490,000,000 017/110 (023/116)
8.60%
$ 10,700 007/104 (004/062)
South Africa
03.0%
31.2%
65.8%
$ 524,000,000,000 001/026 (001/021)
2.80%
$ 9,400 008/114 (007/075)
Tunisia
10.6%
34.6%
54.8%
$ 100,000,000,000 007/070 (007/062)
3.70%
$ 8,200 009/121 (015/129)
Angola
09.6% (2008)
65.8% (2008)
24.6% (2008)
$ 107,300,000,000 006/068 (012/079)
1.60%
Re: Richest Countries In Africa According To Their GDP by Nobody: 12:37pm On Nov 10, 2013
Zona.com:
Dont wanna sound racist but truth be told, black Africa is sick. This list shows that the blacks are still very backward globally. North africans(Arabs) control morethan half of africa's economy. South Africa is doing well cos of the huge presence of the whites. That nigeria is even third is cos of oil, we need to ask ourselves questions.

The fastest growing economies are in SSA.
Re: Richest Countries In Africa According To Their GDP by Nobody: 12:40pm On Nov 10, 2013
seunfly:
It seems black people have a particular problem and propably sick upstirs. Check out the rich African countries are not suppose to be near subsahran african countries if u consider their resources and human capital. Yet egypt that relies on arabian and american aid, tunisia with little resource other than few oil feilds, morroco and algeria are toping the list.
Even white help develop South africa while angola had no choice than to quickly develop her economy about 10years ago after a decade of war.
Where is our diamond, gold, oil, copper, iron, aluminium, our valuable mineral resources, huge human resources, fertile soil, Natural tourism terrain etc. All we know how to do is evil to one and other, blame white for our problems, incite tribal/ethnic hatred to cover up our greed, incompetence and corruptions.
We just have to wake up and do something about it.

Lol, You say Angola had no choice but to develope their economy after decades of war, why do u make it look like a bad thing. I think u are dumb. What do u say about the fact that these Arab countries are in turmoil, and seeing negative growth, while SSA have the highest growth in world after Asia.
Re: Richest Countries In Africa According To Their GDP by HolyHolla(m): 2:28pm On Nov 10, 2013
khadaffi: This list is not correct. Op how did you come about this information?

If you check the top, you will notice I only quoted Todays Nigeria, an online news portal. Definitely not my idea. But if I were to post my views, Nigeria cannot be up there in 3rd place with the enlarging youth populace unemployment.
Re: Richest Countries In Africa According To Their GDP by HolyHolla(m): 2:33pm On Nov 10, 2013
ZZar: List of African countries by GDP per capita
GDP (PPP) per capita 2010; African/World
rank 2010;
Nation
GDP by agriculture 2010
GDP by industry 2010
GDP by services 2010
Total GDP (PPP) 2010; African/World rank
2010;
GDP real growth rate 2010
$ 36,600 001/028 (001/041)
Equatorial Guinea
02.2%
93.9%
03.8%
$ 23,820,000,000 019/116 (021/113)
-0.80%
$ 23,200 002/056 (003/057)
Seychelles
02.9% (2009)
30.8% (2009)
66.2% (2009)
$ 2,053,000,000 048/185 (052/172)
6.20%
$ 14,500 003/080 (009/089)
Gabon
04.5%
62.7%
32.8%
$ 22,480,000,000 021/120 (033/138)
5.70%
$ 14,000 004/082 (002/054)
Mauritius
04.8%
24.6%
70.5%
$ 18,060,000,000 026/129 (026/120)
4.00%
$ 14,000 005/083 (005/063)
Libya
02.6%
63.8%
33.6%
$ 90,570,000,000 009/074 (008/067)
4.20%
$ 14,000 006/084 (006/064)
Botswana
02.3% (2009)
45.8% (2009)
51.9% (2009)
$ 28,490,000,000 017/110 (023/116)
8.60%
$ 10,700 007/104 (004/062)
South Africa
03.0%
31.2%
65.8%
$ 524,000,000,000 001/026 (001/021)
2.80%
$ 9,400 008/114 (007/075)
Tunisia
10.6%
34.6%
54.8%
$ 100,000,000,000 007/070 (007/062)
3.70%
$ 8,200 009/121 (015/129)
Angola
09.6% (2008)
65.8% (2008)
24.6% (2008)
$ 107,300,000,000 006/068 (012/079)
1.60%

Honestly, I will agree more with you. But you need to note that the indices quoted by Todays Nigeria was a 1999 conclusion, while luckily, you seem to be updating us. We would appreciate if you please let's know your source too so that we can be more comfortable with accepting it.
Re: Richest Countries In Africa According To Their GDP by HolyHolla(m): 3:00pm On Nov 10, 2013
iterator25: bros, no vex o, Who be Andrew?

iterator25: bros, no vex o, Who be Andrew?

Sorry, it seems I'm talking over some heads here. You may not know Andrew unless you were up to the age of understanding in the early 80s. Then, there was this government promo on TV to encourage Nigerians stay at home to develop the nation during Idi Agbon's "War Against Indiscipline", WAI campaign. The military had taken over power and the junta led by Buhari and Idi Agbon had a firm grip on the nation for their perceived purpose of stamping out corruption. I must confess, they did to a large extent succeed, but with gross partiality in some cases, though, until Babangida outsted them and reinstitutionalized a new form of 'corruption by patronage'.

Late actor, Enebeli Omobuwa (I hope I got that name right) was renamed "Andrew" by Nigerians because he played the part of a character 'Andrew', who suddenly packed his bag and baggage and solioquised on his way to the airport to exit Nigeria for good on TV: "I'm tired, men, I'm checking out. I'm tired of this no light, no roads, no water, no ....", but a voice from nowhere tried to convince Andrew not to check out but stay to help build the nation. The actor, Enebeli, I believe, died a couple of years ago.

Methink, maybe before he died, he would have wished that he finally checked out because most of those who did have better to show for leaving Nigeria now. A lot of Nigerians in diaspora have been able to work hard abroad and send back home money to build houses and for upkeep of their families while many those who were encouraged in hope by government to stay are still here just trying to make ends meet. Unfortunately, the politicians still continue to encourage us to hope in their false promises based on their inabilities to build a better Nigeria.

If you ask me now, I'll say, "Omo, you are on your own o. If you get chance for "ja" from Naija and you no seize am."
Re: Richest Countries In Africa According To Their GDP by solomon111(m): 3:19pm On Nov 10, 2013
The list is very wrong.
Southafrica is the largest GDP followed by Nigeria as at the end of 2012.
Egypt is third and would soon be displaced to fourth due to the various crisis in their country.

1 Like

Re: Richest Countries In Africa According To Their GDP by anulaxad(m): 6:22pm On Nov 10, 2013
HolyHolla: Todays Nigeria reports:

Well every country has money, some more, some less but it's not really about who has more money, it's about how the country utilizes it's money. Reading this list might make some of us disappointed cause there's nothingto show for it.
Africa is one of the largest continents in the world and the home to 53 nation states. Although regarded as the poorest continent, there are some progressing economies in Africa which are quite wealthy. Here is the list of top ten 10 richest nationsor countries in Africa with respect to Gross Domestic Product (Purchasing Power Parity).

Interestingly, African Americans spend $960 billion in the US with a projected growth to $1.2 trillion by 2012. If regarded as a nation-state African Americans would representthe 14th largest economy in the world, and the largest nation on the African continent.

1. Egypt: The country has a highly developed economy, and she is the first richest country in Africa having 467,600 dollars GDP (PPP). GDP (Nominal) per capita of Egypt is 187.956 billion dollars in 2009, estimated by IMF. Egypt has a developed energy market based on coal, oil, natural gas, and hydro power. Egypt has huge reservesof gas, estimated at 1,940 cubic kilometers, and LNG is exported to many countries.

2. South Africais the second richest country of Africa and is ranked 25th in the world in terms of GDP (PPP) as of 2009. GDP (PPP) of South Africais 403,900 dollars while GDP per capita is 227.379 billion dollars. South Africais the largest energy producer and consumer on the continent. The country is also a popular tourist destination, and a substantial amount of revenue comes from tourism. Among the main attractions are the diverse and picturesque culture, the game reservesand the highly regarded local wines.

3. Nigeria is the third richest country of Africa continent having $ 294,800 billions GDP compared on purchasing power parity GDP per capita of Nigeria is 165.437 billion dollars with growing population. Nigeria is currently the 50th largest export market for U.S goods and the 14th largest exporter of goods to the U.S. Nigeria used part of itsoil profits to pay the residual 40% freeing up at least $ 1.15 billion annually for poverty reduction programs.

4. Algeria is the fourth richest country of Africa having $ 268,900 dollars GDP (PPP) while GDP per capita of Algeria is 134.797 billion dollars estimated by IMF in 2009. The fossil fuels energy sectoris the backbone of Algeria’s economy, accounting for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings.The country ranks fourteenth in petroleum reserves, containing 11.B billion barrels of proven oil reserves with estimates suggesting that the actual amount is even more.

5. Morocco is the fifth richest countryof Africa continent having $ 127,000 GDP (Purchasing Power parity) in her account whereas GDP per capita is 90.775 billion dollars in 2009. Morocco is the world’s third-largest producer of phosphorus and the price fluctuations of phosphates on the international market greatly influence economy. In the Arab World, Morocco has the second-largest non-oil GDP, behind Egypt.

6. Angola is one of the fastest growing economy in the world. The country is the sixth richest country of Africa having 93,100 dollars GDP compared on purchasing power parity. The GDP per capita of Angola is 69.708 billion dollars. Anti-corruption watchdog Transparency internationalrated Angola one of the 10 most corrupt countries in the world. Oil production from Angola now is china’s biggest supplier of oil.

7. Libya is the seventh richest nation in Africa having 90,600 dollars GDP (purchasing power parity) while GDP per capita of Libya is 60.609 billion dollars. Today, high oil revenues and a small population give Libya one of the highest GDPS per person in Africa. The world Banks defines Libya as an “Upper Middle Economy” along with only seven other African countries.

8. Sudan is the eight richest countryin Africa having 80,500 dollars GDP (PPP) whereas GDP per capita of Sudan is 54,294 billion dollars. Currently oil is Sudan’s main export, and the production is increasing dramatically. Agriculture production remains Sudan’s most important sector, employing 80% of the workforce and contributing 39% of GDP.

9. Tunisia: In 2008 Tunisia had a GDP of $ 41 billion (official exchange rates) or $ 82 billion on measured purchasing power parity. It also has one of Africa and the Middle East’s highest per capita GDP (PPP) having 76,900 dollars. Tunisia was the first Mediterranean countryto sign an association agreement with the European Union. The Agricultural Sector stands for 11.6% of the GDP, industry 25.7% and services 62.8%.

10. Ethiopia has the biggest economy in east Africa (GDP) as the Ethiopian economy is also one of the fastest growing in the world. GDP (PPP) of Ethiopia is 61,600 dollars and GDP per capita is 33.920 billion Agriculture accounts for almost 41 per cent of the gross domestic product (GDP), 80% of export, and 80% of the labour force. Ethiopia is Africa’s second biggest maize producer.


This is wrong,go get your facts right and before you argue with me I am an economist.
Re: Richest Countries In Africa According To Their GDP by anulaxad(m): 6:30pm On Nov 10, 2013
ZZar: That list is wrong.
Top ten are

Rank
Country
2009 (Billion USD)
2010 (Billion USD)
2011 (Billion USD)
World
57,920.270
62,909.274
69,659.630
Africa
1,476.179
1,730.072
1,880.380
1
South Africa
283.977
357.259
408.074
2
Nigeria
168.846
216.803
238.920
3
Egypt
188.608
218.466
235.719
4
Algeria
139.763
160.270
190.709
5
Angola
75.508
85.312
100.948
6
Morocco
91.374
103.482
99.241
7
Sudan
55.802
68.441
64.750
8
Tunisia
43.523
44.290
46.360
9
Ghana
25.988
31.084
37.158
10
Libya
60.239
74.232
36.874


http://en.wikipedia.org/wiki/List_of_African_countries_by_GDP_(nominal)


I didn't see this. Thank you do not mind that mistaken fool.
Re: Richest Countries In Africa According To Their GDP by spade: 6:37pm On Nov 10, 2013
Ummm... That list is very old, mate.
Things have changed.

Let me go search for the recent list.
Re: Richest Countries In Africa According To Their GDP by ChimaAgbalajob: 6:59pm On Nov 10, 2013
spade: Ummm... That list is very old, mate.
Things have changed.

Let me go search for the recent list.

Exactly!

According to CIA world Fact book, as at 2012, Nigeria is already bigger than Egypt and is closing in to surpass South Africa.
1. South Africa: $384.3 billion (2012 est.)
2. Nigeria: $268.7 billion (2012 est.),
3. Egypt: $256.7 billion (2012 est.),

Nigeria is perhaps already bigger than South Africa if you consider that SA base calculation is from 2002, while Nigeria's is from 1990.


https://www.cia.gov/library/publications/the-world-factbook/geos/eg.html
Re: Richest Countries In Africa According To Their GDP by HolyHolla(m): 8:54pm On Nov 10, 2013
PetroDolla2: fuckeduppedness hahahahahaha seems you are laughing on the wrong side of your mouth,huh?


Peregrino Brimah: Nigeria ranks bottom 10 in world in almost everything – to act or give up?
By Peregrino Brimah on October 22, 2013

Below is a compilation of just a few indices in which Nigeria ranks proudly at the bottom 10 in the entire world:
#8 – General Corruption: Nigeria is 8th most corrupt nation in the world grin angry according to Transparency International 2013 Global Corruption Barometer.
#4 – Police corruption: Nigeria ranked 4th highest in the world for perceiving the police as corrupt shocked smiley wink, according to the same Transparency survey.
#1 – Being born: The Economist Intelligence Unit, EIU ranked Nigeria the worst place to be born in 2013. shocked cool
#4 – Population in Slavery: Nigeria with up to 740,000 in slave bondage ranks 4th in the world in modern slave nations smiley sad lipsrsealed, according to the just released Global Slavery Index. Fitting in after Pakistan.
#1 –High Sea Piracy: As the world records lower global stats, thanks to Nigeria, West Africa is now the world piracy capital. According to the International Maritime Bureau reported Nigeria had 11 of 66 global incidents for the first quarter of 2013. 966 sailors were attacked last year off West African coasts.
#9 – Maternal mortality: According to World Bank data, Nigeria ranks 9th worst in the world with 630 deaths per 100,000 smiley embarassed kiss cry from 10 years data collected from 1990-2010.
#2 –Software Piracy: The 2011 Global Software Piracy Study conducted by Business Software Alliance ranked Nigeria 2nd in the world, with software piracy costing the nation a whopping $251m (N39.4bn).
#1 – Exam Malpractice: Director General National Orientation Agency (NOA) Mr. Mike Omeri whose agency partners with Exam Ethics Marshals International, in 2012 ranked Nigeria #1 in the World Exam Malpractice Index. kai smiley tongue
#11 – Good Governance: Nigeria ranked 4th worst in West Africa, wink undecided 13th of 16, in Safety & Rule of Law, Participation & Human Rights, Sustainable Economic Opportunity, and Human Development, in the 2013 Ibrahim Index of African Governance. Nigeria ranked 41st out of the 52 countries listed overall.
#1 – Bribe: Nigeria ranks highest for Bribe in the world grin sad shocked on the Foreign Corrupt Practices Act (FCPA) interactive map, online at- fcpamap.com
#1 – VVF: According to United States Agency for International Development, USAID, Nigeria has the highest prevalence of Vesico-Vaginal Fistula in the world smiley cry kiss, with over 200,000 patients and an annual incidence at 20,000. That is 40% of the global cases in Nigeria alone.
#7 – Terrorism: Global Terrorism Index (GTI) ranks Nigeria the 7th worst in the world for terrorism :oover the last 10 years, according to its 2012 assessment.
#2 – Road Traffic Accidents (RTA): In 2012, Nigeria ranked second highest in road traffic accident wink(RTA) fatalities among the 193 countries in the world according to the Minister of Health.
#1 – Aviation Accident for 2012: In 2012 with over 153 onboard deaths and more on the ground, in the Dana Air Boeing MD83 airline accident, Nigeria had the world’s worst aviation accident shocked.
#4 – Worst City: Despite aggressive transformation by the Lagos government, the EIU in its 2013 annual survey of 140 major metropolises ranked Lagos the 4th worst city in the entire world shocked.
#7 – Growing Old: Global AgeWatch Index 2013 ranking of 91 countries, put Nigeria at #85; the seventh worst country to grow old in. grin shocked Nigeria in the report ranked third lowest for income security.
#2 – HIV/AIDS: With an estimated 3.4 million living with the virus, the National Action Committee on Aids (NACA) put the nation as the second worst in the world.
#2 – Electricity: Nigeria is ranked by the World Bank as the 2nd worst in the world in power cool tongue embarassed lipsrsealed (electricity) supply. According to the report, 82.4 million Nigerians, half the nation lived without power. India is #1.
#1 – Kidnapping: In the first half of 2013, Nigeria had the most kidnapping attempts of any nation in the world sad sad cool tongue, according to NYA International organization of Crises prevention and response. Recording 26%, over a quarter of all incidents. Mexico was second with 10% and Pakistan 3rd with 7%.
#1 – Oil Spills Worldwide: From Vanguard on November 14, 2012: Nigeria has highest oil spill in the world angry angry– Senate; the nation records the highest number of oil spill incidences among oil producing countries with no penalty regime attached to such oil spills
#4 – Oil Spillage Outages: Vanguard reported on October 8th, 2013, that with more than 200,000 barrels per day (bpd) of crude oil being lost to pipeline vandalism, Nigeria ranks 4th worst in the world in oil spillage outages cool, according to Deutsche Bank and other shipping and industry estimates. Libya, Syria, Iran and lead Nigeria in outages for obvious reasons including recent wars and US sanctions at Iran.
But there is a glimmer of hope in it all. Nigeria actually does take the first position in something great:
#1 – Highest Paid Legislators: The Economist magazine revealed that Nigerian federal legislators are the highest paid in the world cool with an annual basic salary of $189,500 (N30.6 m).

Dr. Peregrino Brimah


Sure, you make a lot of sense. I too don't agree that Nigeria is high up there. I know for sure that most of the indices supplied officially by Fed Min of Finance are cooked up.
Re: Richest Countries In Africa According To Their GDP by HolyHolla(m): 8:57pm On Nov 10, 2013
anulaxad:

I didn't see this. Thank you do not mind that mistaken fool.

Boy, I wasn't expecting vulgar expressions here!
Re: Richest Countries In Africa According To Their GDP by HolyHolla(m): 9:00pm On Nov 10, 2013
anulaxad:

I didn't see this. Thank you do not mind that mistaken fool.

Boy, I wasn't expecting vulgar expressions here! Ask your parents to get in touch with me. I think you need some talking to.
Re: Richest Countries In Africa According To Their GDP by chriskwaku: 10:18am On Nov 11, 2013
haba petrodollor! you no dey get light joke

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