Annual GDP Growth Rate of African countries in 2023
According to data from the World Bank, in 2023, among all African countries, Libya had the highest annual Gross Domestic Product (GDP) growth rate (10.2%), followed by Democratic Republic of the Congo (8.53%), and then Rwanda (8.25%).
On the other hand, Sudan had the lowest GDP growth rate (-29.43%) in 2023.
The chart and table below show the the GDP Growth Rate for African countries in 2023.
You can also see links below for the trend of the GDP Growth Rate for African countries.
The World Bank defines annual Gross Domestic Product (GDP) as "the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products; it is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources".
| Country | GDP Growth Rate (%) |
|---|---|
| Algeria | 4.1 |
| Angola | 1.26 |
| Benin | 6.35 |
| Botswana | 3.21 |
| Burkina Faso | 3 |
| Burundi | 3.26 |
| Cape Verde | 4.8 |
| Cameroon | 3.35 |
| Republic of Congo | 1.91 |
| Ivory Coast | 6.6 |
| Democratic Republic of the Congo | 8.53 |
| Djibouti | 6.81 |
| Central African Republic | 0.7 |
| Chad | 3.98 |
| Egypt | 3.76 |
| Equatorial Guinea | -5.09 |
| Eswatini | 3.53 |
| Ethiopia | 6.59 |
| Gabon | 2.44 |
| Gambia | 5.92 |
| Ghana | 3.14 |
| Guinea | 5.54 |
| Guinea-Bissau | 5.83 |
| Kenya | 5.72 |
| Lesotho | 1.83 |
| Liberia | 4.68 |
| Libya | 10.2 |
| Madagascar | 4.2 |
| Malawi | 1.95 |
| Mali | 4.72 |
| Mauritania | 6.81 |
| Mauritius | 5.01 |
| Morocco | 3.66 |
| Mozambique | 5.48 |
| Zambia | 5.37 |
| Zimbabwe | 5.35 |
| Tanzania | 5.07 |
| Uganda | 5.34 |
| Tunisia | 0.18 |
| Togo | 6.19 |
| Sudan | -29.43 |
| Somalia | 4.18 |
| South Africa | 0.81 |
| Sierra Leone | 5.71 |
| Senegal | 4.26 |
| Rwanda | 8.25 |
| Niger | 1.67 |
| Nigeria | 3.33 |
| Namibia | 4.44 |
| Comoros | 3 |
| Sao Tome and Principe | 0.37 |
| Seychelles | 2.26 |
Trend of Annual GDP Growth Rate of African Countries
Use the links below to see the trend of the annual GDP Growth Rate for the following African countries.
