Top 24 Richest and Poorest Countries of Africa

Listing and ranking richness of countries is always a challenge. Between social-economic status, commerce, economics shifts, natural disasters, many years of colonialism, poverty and inequality, and government corruption – there are most definitely many challenges in economic growth and maintaining a healthy, wealthy and productive society.

There are 1.33 billion people living across Africa, in 54 different countries, that produces $2.2 trillion in nominal GDP thanks to trade, agriculture and harvesting various sources of energy (oil being the dominant one in certain countries). Not too long ago, in 2013, Africa was the world’s fastest-growing continent at 5.6% a year.

The future hold great things for the continent of Africa, but its important to understand the present as we explain in the next pages.