What is the richest country in Africa?

5 Morocco's Gross Domestic Product (PPP): US$ 6,543.8+068.9 billion Like Tunisia, Morocco experienced a tourism development at the beginning of the 2nd century. As a coastal country, Morocco attracts beach and ocean lovers, but it also happens to be the hometown of Casablanca, which is famous in the movie 1942 of the same name. It will definitely attract tourists. Morocco, another country in Africa, has experienced privatization and economic expansion controlled by many countries since 1990s.

4 Algeria's Gross Domestic Product (PPP): US$ 272.5 billion Although neighboring Tunisia and Morocco are tourist hotspots, Algeria's tourism industry only accounts for 1% of its GDP. In fact, the largest employment sector is the government. This department employs 32% Algerian employees. Nevertheless, the annual growth rate is still very good, about 2% per year, and it is expected to increase by 4% this year.

3 Nigeria's Gross Domestic Product (PPP): US$ 444.3 billion Nigeria is also a country that can be proud of agriculture, but surprisingly, agriculture accounts for less than one third of the total GDP. Although this is an important part of Nigeria's economic DNA, agriculture is not the country's biggest economic pillar. For many countries in our top ten, it is the oil industry that drives the economy of this country.

2 Egypt's gross domestic product (PPP):534 1 billion USD. There is no doubt that this will be one of the famous countries on our list. Egypt is equivalent to the pyramids and the Sphinx. Unfortunately, the political instability in Egypt in the past few years has had a negative impact on tourism. Tourism accounts for about $576 billion of Egypt's economy, 10%. However, in the ranking of tourism, Egypt has dropped by more than 10.

1 South Africa's gross domestic product (PPP):576 1 100 million US dollars. Here we are at last-the first place! Did you guess wrong? Yes, South Africa ranks first. In the past few centuries, the development of natural resources has been one of the biggest economic driving forces in South Africa. Interesting fact: Finding a big hole to see an amazing hand-dug diamond mine is also a popular tourist project.

Like many richest countries in Africa, there is a huge gap between the rich and the poor in South Africa. Although South Africa may be the richest country on the African continent, its Gini index (wealth inequality) exceeds 63. In developed countries such as Sweden and Denmark, the Gini index has been hovering at a low level for 20 years. This emphasizes the fact that only a few people have benefited from South Africa's wealth.

South Africa's natural resources include diamonds, coal, platinum and many other natural minerals. South Africa is the third largest coal producer in the world. Tourism is also a big industry in China, accounting for more than 10% of the total employment. In just one year, there are 9.2 million international immigrants in South Africa!