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Marketplace Africa

Business

10 biggest African economies by 2030

Published 8:30 AM EDT, Mon April 27, 2015
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Data from the U.S. Department of Agriculture says Ghana's GDP will be valued at $101.4 billion in 2030, making it the 10th largest African economy. Click through to find out which countries will have the largest economies on the continent in 15 years time.
10. Ghana —
Data from the U.S. Department of Agriculture says Ghana's GDP will be valued at $101.4 billion in 2030, making it the 10th largest African economy. Click through to find out which countries will have the largest economies on the continent in 15 years time.
JOE KLAMAR/AFP/Getty Images/File
Kenya's GDP will be $107.5 billion in 2030, according to the projections.
9. Kenya —
Kenya's GDP will be $107.5 billion in 2030, according to the projections.
Courtesy: Kenya Tourism Board
Ethiopia is slated to be Africa's eighth largest economy in 2030 with a GDP of $122.3 billion.
8. Ethiopia —
Ethiopia is slated to be Africa's eighth largest economy in 2030 with a GDP of $122.3 billion.
Sean Gallup/Getty Images
Projections say Libya's GDP will reach $128.2 billion in 2030, but the turmoil the country is currently experiencing following the fall of dictator Moammar Gadhafi may affect the calculations.
7. Libya —
Projections say Libya's GDP will reach $128.2 billion in 2030, but the turmoil the country is currently experiencing following the fall of dictator Moammar Gadhafi may affect the calculations.
AFP/Getty Images
In sixth place comes Morocco, with a projected GDP of $184 billion in 2030.
6. Morocco —
In sixth place comes Morocco, with a projected GDP of $184 billion in 2030.
Morocco Tourism
Oil-rich Angola is expected to have a GDP of nearly $226 billion in 2030 which would make it the fifth largest economy on the continent.
5. Angola —
Oil-rich Angola is expected to have a GDP of nearly $226 billion in 2030 which would make it the fifth largest economy on the continent.
STEPHANE DE SAKUTIN/AFP/Getty
Around 60% of Algeria's workforce is employed in the public sector, and this country is expected to be the fourth largest economy in Africa in 2030. Experts predict GDP of $330.7 billion.
4. Algeria —
Around 60% of Algeria's workforce is employed in the public sector, and this country is expected to be the fourth largest economy in Africa in 2030. Experts predict GDP of $330.7 billion.
FAROUK BATICHE/AFP/Getty Images/File
Egypt's sweeping reform program aimed at addressing the budget deficit will be part of the reason the country's GDP grows to $471.5 billion by 2030, experts say.
3. Egypt —
Egypt's sweeping reform program aimed at addressing the budget deficit will be part of the reason the country's GDP grows to $471.5 billion by 2030, experts say.
AP Photo/Thomas Hartwell
The title of Africa's second largest economy will still belong to South Africa in 15 years time according to experts who predict GDP will reach $810.6 billion -- nearly double current figures.
2. South Africa —
The title of Africa's second largest economy will still belong to South Africa in 15 years time according to experts who predict GDP will reach $810.6 billion -- nearly double current figures.
GIANLUIGI GUERCIA/AFP/Getty Images
The first African country with a GDP over $1 trillion in 2030 will be Nigeria, according to experts. The calculation says the country's economy will more than double in that time frame.
1. Nigeria —
The first African country with a GDP over $1 trillion in 2030 will be Nigeria, according to experts. The calculation says the country's economy will more than double in that time frame.
PIUS UTOMI EKPEI/AFP/Getty Images/File
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