top 10 richest country in africa 2019

Tunisia; 9. 1:30. Algeria has a population of more than 44 million. Namibia. Namibia - $11,528 Aerial View of Namibia's Capital Windhoek. If you are looking for the richest countries in Africa, then you are reading the right post.. Its capital is Abuja, and it has 36 states. For most, the standard of living remains is very low, and life expectancy is among the lowest while infant mortality is among the highest in the world. Here’s are some of the richest countries in the world based on statistics from the World Bank. Table of Page Contents. 1. More info here. Canada has a federal parliamentary democracy with a constitutional monarchy, and Queen Elizabeth II is the head of state. The list is determined by various parameters including asset base. Nigeria: 1,900,000 barrels/day; Nigeria is, beyond a reasonable doubt, one of the most important countries in Africa. Swahili is the national language. However, due to its huge population, the GDP per capita is one of the lowest in the world. Top 10 Richest African Countries 2019. Dangote refineries are expected to come online in 2017. Morocco had a liberal economy and was even ranked earlier as the first African country in the quality-of-life index, ahead of South Africa. Richest countries in Africa: Equatorial Guinea is a country located in Central Africa. Canada is ethnically diverse and multicultural.Canada has a highly d… Quizzes . On a wealth per capita basis, the fastest growing countries in Africa during the past 15 years (2000 – 2015) have been Angola and Ghana. The developed countries are always ahead on these parameters whereas the developing countries are the laggards and most of these countries belong to the African subcontinents, a few pockets of Asia and Europe. In 2016, it overtook South Africa’s economy to emerge as the second largest economy in Africa, next to Nigeria. Mohammed VI of Morocco is the richest president in Africa with an estimated net worth of about $5.8 billion. It is surprising to note that when you query Google for the “top 10 richest countries in the world 2019”, you will be presented with the list which has a small country like Qatar on top, Luxembourg as second, Singapore as third, and so on. One of the world’s top financial centers that have become experts in importing products and services to resell. Looking at Africa, Mauritius is by far the richest on a per capita basis with $21,700 averaged per person, while South Africa ranks second with $10,300 which is down from $11,000 a year ago, and is closely followed by Namibia with $10,200. Tourism is one of the most important sectors after the phosphate industry, and Morocco plans to increase the revenues to 20% of the GDP by increasing the tourist footfall to 20 million, according to its Vision 2020 program. Nigeria is committed to ending poverty by 2030. 10. Agriculture accounts for 15% of the GDP and employs about 40% of the population. Uganda. Angola gained independence in 1975 but was engulfed in civil war. Aliko Dangote – NW: $21.6 billion ; Dangote is the richest person in Africa and the only African on the list of top 50 richest in the world. Last updated: May 7, 2019. South Sudan. It has a higher GDP per capita, as compared to other countries of Africa, which stands at around $11,800. Good to know: all GDP figures come from the International Monetary Fund (IMF) World Economic Outlook. Angola is a member of the UN, OPEC, and African Union. From the 15th century onwards, Ghana has attracted colonial powers, and British took control of the British Gold Coast. Libya has dominated our headlines worldwide for the past few years, with their civil war and its aftermath, which … Many poorest countries found in the continent of Africa. South Africa is among the top 10 countries in the world for income inequality. Qatar. Nigeria with a GDP of $397.472 billion. Taking into account population figures makes a big difference in how a country is ranked for its wealth. Ethiopia is where the remains of the first human existence in the world have been found. Required fields are marked *, Designed by Africa HR Solutions | Sitemap| Privacy Policy. Our range of business services have been developed to facilitate business integration and expansion on the African continent: Your email address will not be published. Here is a detailed list of the top 10 countries that are in poverty in Africa by GDP per capita. Professional Employer Organization (PEO) in Africa, Administrative Service Organisation / Management Company, hire people without having a registered entity, 4 Tips to Manage your Workforce in Africa, 5 signs you should outsource your HR operations in Africa, Always available for your queries and reports, Full compliance with local legislation’s – expert across Africa, Team dedicated to quality and flexibility to meet your requirements, Up to date statutory changes through multiple sources, Professional indemnity and employer liability. It has Kenya and Uganda to the north; Rwanda, Burundi, and Congo on the west, and Zambia, Malawi, and Mozambique on the south. 2019 data. Angola had human civilization since the earliest time and was ruled by the Portuguese from the 17th century. Gabon – 18.646 6. 1. Purchasing power parity. Top 20 richest countries in Africa 2018 . In 1974, the monarchy was overthrown and since 1991 has been ruled by a political coalition. NIGERIA. Egypt has been rated as one of the top countries in the world in terms of economic reforms, by the International Monetary Fund. The most common statistics are those relating to Gross Domestic Product GDP. Africa, known as the cradle of mankind is a continent of surprises. Algeria is the tenth-largest country in the world and the largest in Africa. One of the reasons for high industrialization of South Africa is its poor agricultural economy, which suffers from the aridity of the land and contributes only around 3% to the GDP. 10. His company Dangote Group is currently on an expansion drive to many other African countries. In 1957, Ghana gained independence from the British. There are so many plants and flowers that the city can be called Eden. Since per capita norms are based on the number of population counties with the same GDP may be ranked differently depending on their population. Rate: Featured Quiz . Its population is 102 million, and it is the most populous landlocked country in the world and the ranks second in population in Africa. Figures are given in international dollars according to the International Monetary Fund.. There is a beautiful museum of arts, palaces, chic rebuilt universities. Ghana. Africa is the second largest continent in the world. Country: South Africa. Top 10 Richest Countries in Africa 2019 1. Its largest trading partners for exports were South Africa, Switzerland, and China. World Bank classifies South Africa as an upper-middle-income economy and an industrialized country. In case you wish to update the content with the latest figures, you can do so in the comments section. Libya; 8. Its capital is Rabat, and its largest city is the port city of Casablanca.

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