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Ethiopia Ranked 7th Wealthiest African Country According To GDP In 2021

Updated: Feb 8, 2023

Ethiopia Ranked 7 in the Top 10 Wealthiest African Countries According to GDP in 2021.

In recent years, Ethiopia has opened its hard-fastened economy to international investors through deals in Ethio Telecom and other state-owned entities. Ethiopia takes Angola’s place from last year’s list as the latter fell to the bottom of Africa’s wealthiest countries ranked by GDP.


The Top 10 list:

1. Nigeria – $514.05 billion

2. Egypt – $394.28 billion

3. South Africa – $329.53 billion

4. Algeria – $151.46 billion

5. Morocco – $124 billion

6. Kenya – $106.04 billion

7. Ethiopia – $93.97 billion

8. Ghana – $74.26 billion

9. Cote d'Ivoire – $70.99 billion

10. Angola – $66.49 billion


Infographic: Statista & IT News Africa

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