Ghana to become Africa’s 8th biggest economy in 2026

The country’s position highlights its resilience in combining natural resource wealth with expanding services and industrial sectors, maintaining one of the continent’s most stable macroeconomic frameworks. Ghana’s economic composition is diversified relative to its West African peers. While gold and cocoa exports remain significant, the oil and gas sector has increasingly contributed to both GDP and fiscal revenue, stabilising earnings amid commodity price fluctuations.

South Africa is projected to have a nominal GDP of $443.64 billion in 2026, building on its long‑standing role as the continent’s industrial and financial hub. This projection reflects an increase from its 2025 nominal GDP of approximately $426.38 billion.

On the other hand, Egypt is projected to record a nominal GDP of $399.51 billion in 2026. This projection represents a notable increase from its 2025 nominal GDP of approximately $349.26 billion.

Nigeria is also projected to achieve a nominal GDP of $334.34 billion in 2026. This figure marks a notable increase from its 2025 nominal GDP of approximately $285.00 billion, reflecting substantial growth in raw economic output year on year.

COUNTRY POSITION GDP (US$)
South Africa 1st 443bn
Egypt 2nd 399bn
Nigeria 3rd 349bn
Algeria 4th 284.98bn
Morocco 5th 196.12bn
Kenya 6th 140.87bn
Ethiopia 7th 125.74bn
Ghana 8th 113.49bn
Cote d’lvoire 9th 11.45bn
Angola 10th 109.86bn

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