Apple’s Value Surpasses Combined GDP of Top 10 African Economies, World Bank Reports

According to the World Bank, these top 10 GDP in Africa are Nigeria, ranked 26th globally with $448 billion, followed by South Africa ($352.4 billion), Egypt ($303 billion), Algeria ($169 billion), Morocco ($118 billion), Ethiopia ($96 billion), Kenya ($95.5 billion), Angola ($95.6 billion), Ghana ($66.9 billion) and Tanzania ($63.18 billion).

The sum of these 10 economies gives $1.807 trillion in GDP, equivalent to the valuation of the Apple brand. The market capitalizations of companies listed on the 23 stock exchanges in the continent amount to around $1.5 trillion, which is significantly lower than that of Apple.