Top 10 richest countries in Africa in 2025 – IMF

Equatorial Guinea, is the richest country in Africa by GDP per capita (Purchasing Power Parity) in 2025, according to the data on the International Monetary Fund (IMF).

Oil and gas continue to influence economic performance, though diversification efforts remain key to long-term growth. Countries investing in infrastructure, financial services, and technology are expected to see improvements in economic stability and competitiveness.

GDP per capita measures the value of goods and services produced per resident. This ranking, which includes smaller nations such as Mauritius and Libya, is based on purchasing power parity (PPP), which adjusts for inflation and cost variations to provide a standardised comparison of living conditions.

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The data reflects economic trends and the impact of policies shaping Africa’s financial and industrial sectors.

According to the IMF, Here are the 10 richest countries in Africa by GDP per capita (PPP) in Africa 2025 as of February 24.

1. Seychelles

Seychelles, with a GDP-PPP per capita of $43,070, has a strong economy driven by tourism, fisheries, and financial services. The government has implemented policies that focus on sustainable tourism and economic diversification, ensuring long-term growth and stability.

2. Mauritius

Mauritius, with a GDP-PPP per capita of $33,954, has developed into a financial hub in Africa. The country’s economy is supported by financial services, tourism, and manufacturing. Government policies attract international investment and enhance business opportunities.

Read also: Top 10 poorest countries in Africa in 2024 – IMF

3. Gabon

Gabon, with a GDP-PPP per capita of $24,682, benefits significantly from its oil resources. The government has taken steps to diversify the economy by investing in mining, agriculture, and infrastructure projects to reduce dependence on hydrocarbons.

4. Egypt

Egypt, with a GDP-PPP per capita of $21,608, has a diverse economy supported by tourism, agriculture, remittances, and manufacturing. The country continues to invest in infrastructure and attract foreign investment, strengthening its economic foundation.

5. Botswana

Botswana, with a GDP-PPP per capita of $20,311, is recognized for its stable economic growth and successful diversification strategies. The country has effectively managed its diamond resources and invested in sectors such as tourism and agriculture, contributing to its economic resilience.

Read also: Top 10 African countries projected to be top earners in 2025

6. Equatorial Guinea

Equatorial Guinea, with a GDP-PPP per capita of $20,477, relies heavily on its oil industry. The government is working towards economic diversification by improving infrastructure and investing in agriculture and service sectors.

7. Algeria

Algeria, with a GDP-PPP per capita of $18,342, has an economy largely dependent on oil and gas exports. The government is implementing reforms to reduce reliance on hydrocarbons and develop sectors such as renewable energy and manufacturing.

8. Libya

Libya, with a GDP-PPP per capita of $17,597, remains heavily reliant on oil exports. The country faces economic challenges linked to political instability, but ongoing efforts to rebuild infrastructure and diversify the economy continue.

Read also: Top 10 African economies forecasted with the highest GDP growth in 2025

9. South Africa

South Africa, with a GDP-PPP per capita of $16,008, has a diverse economy that includes mining, financial services, and manufacturing. Despite challenges such as unemployment and energy constraints, investments in infrastructure and technology are driving growth.

10. Tunisia

Tunisia, with a GDP-PPP per capita of $14,717, benefits from a mixed economy supported by tourism, agriculture, and manufacturing. The government continues to implement reforms aimed at improving business conditions and attracting foreign investment.