Top 24 Richest and Poorest Countries of Africa

Angola

With a total GDP of $124.6 billion and a staggering GDP per capita of $4,101, Angola takes 5th place in the richest countries on the continent. Angola is largely dependent on their natural oil and gas reserves, along with hydroelectricity, diamonds, and agriculture.

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Credit: United Nations Photos

Angola has a population of 32.9 million people, most of whom are still highly influenced by European culture due to Portuguese colonialism in the country. The official language of Angola is still Portuguese.
In 2019, President João Manuel Gonçalves Lourenço has focused a lot on diversifying the economy to focus less on oil dependency, and those efforts are slowly paying off. Angola continues to trend upwards in several sectors they had very little presence in previously.

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Nominal GDP Rank: #7
Nominal GDP Per Capita Rank: #14