Cairo - (Saba):
The International Monetary Fund (IMF) has released a report ranking the largest economies in Africa based on the economic performance indicators demonstrated by countries over the past period.
The Africa Business Insider website reported that Egypt ranked second among the countries with the largest GDP in Africa in 2025.
The IMF expects the Egyptian economy to witness significant growth of 3.8% during the 2024/2025 fiscal year, compared to 2.4% growth in the previous fiscal year.
This expected improvement reflects the relative stability witnessed by the Egyptian economy, with positive indicators toward further expansion in various sectors.
The report also predicted that this positive trend will continue, with a growth rate of 4.3% during the following fiscal year, which strengthens hopes for a broader economic recovery.
South Africa topped the list, followed by Egypt, Algeria, and Nigeria in fourth place, recording a significant decline despite its large population. Its GDP is expected to not exceed $188.27 billion during the same period.
Morocco came in fifth, followed by Kenya, Ethiopia, Angola, Côte d'Ivoire, and Ghana in tenth place, with a GDP of $88.33 billion.
The report, which focused on economic diversity in Africa, indicated that some African countries have become influential forces in the continent's GDP, while others continue to face significant economic challenges, caused by political crises, weak infrastructure, and overreliance on a single economic sector.
GDP is a vital indicator that reflects the total value of goods and services produced by a country in a single year. This indicator is considered the official "price tag" for the national economy, expressing the level of a country's economic activity and its ability to influence regional and global markets.
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