GDP per sectors in Africa

The Gross Domestic Product (GDP) is a measure of the economic output of a country. The GDP of African countries is made up of several economic sectors, including agriculture, industry, and services. In this article, we will take a closer look at the GDP in African countries by economic sectors.

GDP per sectors in Africa 1
  • Agriculture is a critical sector in many African countries, providing employment for a significant portion of the population and contributing significantly to the GDP. In 2019, the agriculture sector contributed 14.6% of Africa’s GDP. The leading agricultural products in Africa include coffee, cocoa, tea, cotton, and tobacco. Some of the top countries that rely heavily on agriculture for their GDP include Madagascar, Malawi, Tanzania, and Uganda.
  • Industry sector in Africa is characterized by the manufacturing of goods, construction, and mining. In 2019, the industry sector contributed about 23.5% of Africa’s GDP. Some of the top industrial products in Africa include oil, gas, minerals, and metals. Countries such as South Africa, Egypt, Morocco, and Nigeria are key players in the industrial sector in Africa.
  • Services sector in Africa includes banking, telecommunications, tourism, and other business services. This sector is the largest contributor to Africa’s GDP, accounting for about 62% of the continent’s total GDP in 2019. The service sector is critical to the economic development of Africa, providing employment opportunities and contributing significantly to the GDP. Some of the top countries that have a robust services sector include Nigeria, Kenya, Ghana, and Egypt.
  • Information and Communication Technology (ICT) is an emerging sector in Africa, with significant growth potential. The sector includes the production of hardware and software, as well as services such as telecommunications, mobile banking, and e-commerce. In 2019, the ICT sector contributed about 3% of Africa’s GDP. Some of the top countries that are leading in the ICT sector in Africa include South Africa, Kenya, Nigeria, and Egypt.
  • Tourism is a critical sector in many African countries, with significant potential for growth and development. The sector includes activities such as hotels, restaurants, and transportation. In 2019, the tourism sector contributed about 8.5% of Africa’s GDP. Some of the top countries that have a robust tourism industry in Africa include South Africa, Egypt, Morocco, and Tunisia.

The contribution of each sector to the GDP varies by country. For instance, countries such as Somalia, Eritrea, and Burundi have a significant portion of their GDP coming from the agriculture sector. On the other hand, countries such as Libya, Equatorial Guinea, and Gabon rely heavily on their oil and gas industries.

The services sector is the largest contributor to Africa’s GDP, while agriculture and industry are also essential contributors. The potential for growth and development in emerging sectors such as ICT and tourism is significant, and governments in African countries must develop policies that can support the growth and development of these sectors.

ECONOMIC AREAS

Oriental Province Cobalt and Copper Area – DR Congo

AGRICULTURAL AREAS

North Kivu Coffee Area – DR Congo

TECHNOLOGICAL PARK

Diamond Technology Park – Gaborone – Botswana

BUSINESS PARK

Central Business District – Gaborone – Botswana

LOGISTIC PARK

Port of Cape Town – Cape Town – South Africa

GDP per sectors in Africa 2

Team ProdAfrica

team@prodafrica.com

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