Sunday, December 7, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Top 10 African countries with the highest GDP per capita in 2025

Simon Osuji by Simon Osuji
February 10, 2025
in Business
0
Top 10 African countries with the highest GDP per capita in 2025
0
SHARES
257
VIEWS
Share on FacebookShare on Twitter

GDP per capita measures how much money, on average, each person in a country would have if the nation’s total income was shared equally. It’s calculated by taking the country’s total economic output (GDP) and dividing it by the population.

In Africa, this figure varies significantly, reflecting the continent’s vast economic disparities, structural challenges, and growth opportunities.

Africa has some of the fastest-growing economies in the world, but also some of the poorest. In some areas, GDP per capita is relatively high, especially where industries, trade, and natural resources like oil or minerals drive wealth.

Many African economies are heavily dependent on natural resources such as oil, gas, minerals, and agriculture. In resource-rich areas, GDP per capita can be relatively high, especially where revenue is efficiently managed.

However, relying too much on natural resources like oil, gold, and minerals can be a risky game. When global prices go up, economies boom. But when they crash, things can go south fast.

At the same time, not all parts of Africa are growing at the same pace. In many areas, conflict, bad leadership, and economic instability keep incomes low. Big cities and industrial centres tend to have higher incomes, while rural communities—where most people depend on farming—often struggle to keep up.

Another big factor is Africa’s rapidly growing population. More people means more demand for jobs, food, and services. Even though some economies are growing, if the population grows even faster, the average income per person can stall or even drop, making it harder for people to improve their quality of life.

According to the IMF, Seychelles has the highest GDP per capita in Africa at $22,000, making it the continent’s leader in average income per person. Mauritius comes next with $13,100, while Gabon follows with $9,000.

Related posts

Inside the private jets of Africa’s billionaires

Inside the private jets of Africa’s billionaires

December 7, 2025
BRICS Nation With $4 Trillion GDP Settles 90% Trade in Local Currency

BRICS Nation With $4 Trillion GDP Settles 90% Trade in Local Currency

December 6, 2025

Below are the top 10 African countries with the highest GDP per capita in 2025:

Rank Country GDP per capita GDP

1

Seychelles

$22,000

3.9%

2

Mauritius

$13,100

4%

3

Gabon

$9,000

2.6%

4

Botswana

$8,000

5.2%

5

Equatorial Guinea

$7,890

4.8%

6

Libya

$6,870

13.7%

7

South Africa

$6,520

1.5%

8

Algeria

$5,590

3%

9

Cabo Verde

$5,710

4.7%

10

Namibia

$4,710

4.2%

Source link

Previous Post

Can a stronger defence sector pivot SA’s economy to prosperity?

Next Post

Libya’s Culture Clampdown Targets Popular Rap Music and Free Expression

Next Post
Libya’s Culture Clampdown Targets Popular Rap Music and Free Expression

Libya's Culture Clampdown Targets Popular Rap Music and Free Expression

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Inside the ‘Whites Only’ Community in Arkansas

Inside the ‘Whites Only’ Community in Arkansas

4 months ago
US Warns Sudan Unit Against ‘Imminent Large-Scale Attack’ in Darfur

US Warns Sudan Unit Against ‘Imminent Large-Scale Attack’ in Darfur

2 years ago
Haiti under siege as Prime Minister Ariel Henry visits Kenya

Haiti under siege as Prime Minister Ariel Henry visits Kenya

2 years ago
Mali: Innocent Lives Lost in Devastating Airstrikes

Mali: Innocent Lives Lost in Devastating Airstrikes

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.