Africa
The youngest and fastest-growing population on earth. Together these economies produced $1.6T in 2025 โ 1% of everything tracked here.
Africa at a glance
Colors are binned within this continent.
Largest economies
GDP, 2025, current US$
- 1๐ฟ๐ฆSouth Africa$427B
- 2๐ช๐ฌEgypt$365B
- 3๐ณ๐ฌNigeria$290B
- 4๐ฒ๐ฆMorocco$184B
- 5๐ฐ๐ชKenya$136B
- 6๐ช๐นEthiopia$126B
- 7๐ฌ๐ญGhana$115B
Inflation
Latest consumer-price inflation, y/y
- 1๐ณ๐ฌNigeria23.0%
- 2๐ช๐ฌEgypt20.4%
- 3๐ช๐นEthiopia16.0%
- 4๐ฌ๐ญGhana14.2%
- 5๐ฟ๐ฆSouth Africa4.3%
- 6๐ฐ๐ชKenya4.1%
- 7๐ฒ๐ฆMorocco-0.6%
Real GDP growth, largest four
Annual %, 2010โ2031. Shaded years are IMF projections.
- South Africa
- Egypt
- Nigeria
- Morocco
Output mix
GDP by economy, 2025
- Africa
Policy rates since 2019
Month-end, %. The four largest central banks on this continent.
- South Africa
- Morocco
Rate decisions, last 24 months
Each cell is one month. Blue = cut, red = hike, gray = hold.
- Large cut
- Cut
- Small cut
- Hold
- Small hike
- Hike
- Large hike
Monetary transmission across Africa
Pick a central bank to see how its current stance travels through the economy.
- Tightening impulse
South African Reserve Bank is tightening (policy rate 7.25%). Higher rates work through borrowing costs, asset prices, the currency and expectations to cool demand, and with it inflation. Hover a step to see how each channel works.
Growth versus inflation
Africa highlighted against every tracked economy. Bubble size is GDP.
- Africa
- Others
IMF WEO ยท BIS ยท per-capita GDP for the continent: $2.5K