What countries have the largest economies in Africa?
While there are several ways to compare various nations' wealth, a commonly used method is to evaluate each country's gross domestic product (GDP). GDP is a measure of a country's overall economic activity. It represents the total value at current prices of final goods and services produced within a country during a specified time period, such as one year.
According to the latest statistics from the International Monetary Fund, the three African countries with the largest GDPs on the continent in 2022 are: Nigeria (US$ 504.2 billion), Egypt (US$ 469.09 billion) and South Africa (US$ 411.48 billion).
