10 Richest Countries in Africa

7. Libya

Total GDP per capita of the country: $6,018

Total GDP of the country (in billions): $41.9

While Libya has faced significant turmoil in the last decade, it is still among the richest countries in Africa thanks to revenues from the petroleum sector which represent nearly 95% of the nation’s export earnings and more than 60% of its GDP. Because of the Libyan Civil War in 2010 and the Second Libyan Civil War in 2012, the economy of the nation has contracted significantly and is still a fraction of what the economy was just two decades ago.