7 Biggest Economies in Africa

Page 7 of 7

1. Nigeria

Total GDP of the country in 2021 (in billions): $440.8

Total GDP of the country in 2021 (in billions): $432.2

Easily topping the list of the 30 biggest economies in Africa is Nigeria, though this may be in threat from South Africa’s immense growth in the last year. A large part of the GDP is as a result of the most valuable countries in Nigeria, Nigeria recovered well from a 1.8% contraction in 2020 to a growth of 3.6% in 2021, driven by expansion in the non-oil sector.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out our articles on 12 Most Profitable Robinhood Stocks and 11 High Growth IT Stocks to Buy. 

Page 7 of 7