10 Richest Countries in Africa

5. Nigeria

Total GDP per capita of the country: $2,085

Total GDP of the country (in billions): $440.8

Nigeria easily has the highest GDP in the continent of Africa and hence, it is one of the richest countries in Africa. However, it does not rank higher in the list because of its lower GDP per capita. Nigeria’s GDP at PPP has nearly tripled in the past three decades. And this doesn’t even include the informal sector, which would add more than $150 billion to the country’s GDP. Oil is one of the drivers behind the country’s revenue, contributing around 2/3 of the total revenue of the nation, and contributing 9% to the GDP.