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Top 24 richest and poorest countries of Africa

It is never easy to list and rank a country’s wealth.

There are undoubtedly numerous obstacles to economic growth and maintaining a prosperous, healthy, and productive society, including social-economic status, commerce, economic shifts, natural disasters, long-standing colonialism, poverty and inequality, and political corruption.

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Africa is home to 1.33 billion people who reside in 54 different countries and who generate $2.2 trillion in nominal GDP through trade, agriculture, and the extraction of diverse energy sources (oil being the dominant one in certain countries).

Africa has the fastest growth rate in the world in 2013, at 5.6% per year.

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The continent of Africa is in for a bright future, but as we’ll explain in the following pages, it’s crucial to comprehend the present.

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