Africa’s GDP growth represents more than just economic success. It is the path to sustainable development, reducing poverty and improving the quality of life for millions of Africans. Fortunately, Africa has been experiencing varying degrees of economic expansion for some time, with many countries recording significant GDP growth rates.
Recognizing the global struggle to record better milestones, UN Secretary-General António Guterres noted that increased investment and focus on climate change are two key keys to global economic growth.
Fortunately, these conversations were very common in 2024 as governments across the continent consider focusing on these economic shifts.
“2024 must be the year we emerge from this quagmire. By unleashing big, bold investments, we will advance sustainable development and climate action, and strengthen the global economy.” and put us on a stronger growth trajectory for everyone.” said the United Nations Secretary-General.
With that in mind, here are the top 10 African countries expected to have the highest economic growth in 2024, according to the United Nations.
Baseline scenario projections are based in part on the UN DESA Global Economic Forecast Model.
Top 10 African countries expected to have the highest economic growth in 2024
rank | Country | Real GDP growth rate forecast for 2024 | Real GDP growth rate in 2023 |
---|---|---|---|
1. | senegal | 9.2 | 6.8 |
2. | libya | 7.6 | 10.6 |
3. | Rwanda | 7.0 | 6.3 |
Four. | mauritania | 6.7 | 4.2 |
Five. | Ivory Coast | 6.4 | 6.2 |
6. | Democratic Republic of the Congo | 6.4 | 6.8 |
7. | uganda | 6.1 | 4.9 |
8. | tanzania | 5.9 | 5.0 |
9. | ethiopia | 5.9 | 5.5 |
Ten. | Benin | 5.5 | 5.9 |