These Are The Poorest And The Richest Countries In The African Continent

Published on 10/19/2020
ADVERTISEMENT

Tanzania

Known as one of the most gorgeous places in Africa, Tanzania has a pretty high GDP at $61.03 billion. This makes it the tenth wealthiest country in the continent. It is the sixth most populated country with 59.73 million inhabitants. The GDP per capita is quite impressive at $1,172. The economy of the country relies on agriculture, although it is quite diversified. Tanzania has seen a steady growth of 6.8% in 2018. The country is reaping the benefits of significant public spending, strong investment growth, improved private consumption, and a boost in exports. On top of that, other sectors such as mining, construction, services, tourism, and manufacturing are all doing well.

Tanzania

Tanzania

ADVERTISEMENT

Sudan

With 43.85 million inhabitants, Sudan is the tenth most populated African country. It also happens to be the seventeenth richest thanks to its $31.47 billion GDP. This puts the GDP per capita at $728.06. The economy of the country was deemed the 17th fastest growing one in the world thanks to its oil and gas. It improved its GDP, as well as its reliance on agriculture. Did you know that Sudan is one of the biggest exporters of peanuts and cotton on the planet? There have been a lot of doubts about its growth in the future thanks to the economic uncertainty. Currency shortages exacerbate these doubts, but so far so good.

Sudan

Sudan

ADVERTISEMENT