7 Biggest Economies in Africa

2. South Africa

Total GDP of the country in 2021 (in billions): $419.0

Total GDP of the country in 2021 (in billions): $337.6

South Africa registered a 24.9% increase in GDP in 2021 as compared to the previous year, with the 17 most valuable companies in South Africa being important contributors in this respect. Considered to be the most advanced country in Africa, one of the biggest challenges currently facing South Africa is the lack of stability in electricity supply, with rolling blackouts affecting both residents and industries.