Five African Nations Including Ethiopia Account for Half of Continent's GDP, Report - News Summed Up

Five African Nations Including Ethiopia Account for Half of Continent's GDP, Report


This figure represents a significant portion of Africa's overall GDP, which stands at 2.8 trillion USD . The report by Voronoi website reveals that these five countries alone account for half of Africa's economic output, while the remaining 48 countries share the other half, underscoring a profound economic divide within the continent. Here's a breakdown of the GDP figures for these leading economies: South Africa : 373.23 billion USD , Egypt : 347.59 billion USD , Algeria : 266.78 billion USD , Nigeria : 252.74 billion USD and Ethiopia : 205.13 billion USD . It's important to note that data for Eritrea and Western Sahara were not available in this report, further complicating the picture of Africa's economic landscape. The insights from this report may serve as a catalyst for discussions on fostering equitable growth across the continent.


Source: Ethiopian News October 17, 2024 06:16 UTC



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