Ranking of African Nations with the Highest GDP per Capita
In 2025, South Africa stands as the African country with the highest GDP per capita, according to recent data. With a GDP per capita of $5,975, South Africa leads the pack, boasting the most developed financial sector on the continent. The country is not only a global leader in mining, being the world's largest producer of platinum, but also a major producer of gold and coal.
Following closely is Mauritius, with a GDP per capita of $12,973 in 2024. This island nation, known for its vibrant tourism industry, has a diversified economy that includes finance, textiles, information technology, and a growing focus on renewable energy.
Seychelles, an archipelago in the Indian Ocean, holds the title for Africa's country with the highest GDP per capita. With a staggering $21,875 GDP per capita, Seychelles' economy is driven by its booming tourism sector and thriving financial services industry. The country is also committed to sustainable development, focusing on green tourism and renewable energy to protect its environment while fostering economic growth.
Botswana, with a GDP per capita of $7,875, boasts a transformed and diversified economy. The country's wealth is derived from diamond production, agriculture, tourism, and financial services. Botswana is also focusing on renewable energy, particularly solar power, to reduce its reliance on coal.
Gabon, another African powerhouse, has a GDP per capita of $9,308. Primarily driven by oil, timber, and manganese, Gabon's government is working on creating a more business-friendly environment to attract investment, particularly in infrastructure and renewable energy.
Algeria, one of Africa's largest oil and natural gas producers, has a GDP per capita of $5,722. The Algerian government is focusing on diversifying its economy beyond oil and gas to ensure sustainable growth.
Libya, after years of conflict, is working towards rebuilding its economy, with potential for expansion in sectors like agriculture and manufacturing. Libya's GDP per capita of $6,975 is driven by its vast oil reserves, accounting for over 90% of its GDP.
Namibia, with a GDP per capita of $4,745, is another African nation rich in natural resources, particularly uranium, diamonds, and gold.
Equatorial Guinea, one of Africa's top oil exporters, has a GDP per capita of $6,733, primarily due to its rich oil reserves.
These nations are investing heavily in their services sectors, particularly tourism, and focusing on sustainable development, renewable energy, and creating business-friendly environments to attract investment and ensure long-term economic growth. Africa's economic landscape is indeed evolving, with these countries leading the charge.
