Among African countries, economy in Ghana has decreased to the 12th position from the 11th.
The Gross Domestic Product (GDP) in Ghana has dropped from the GH¢38.5 billion in 2014 to US$37,053 billion in 2015 mainly due to the decline of the cedi and some other economic challenges.
The Ghana cedi traded against the US Dollar at GH¢3.78 last year as against GH¢2.94 in 2014.
Nigeria remains the biggest economy in Africa with a GDP of about US$594.25 despite drop in crude oil prices. The Nigerian stock exchange is also the 2nd biggest in Africa after the Johannesburg Stock Exchange.
Tunisia now the 11th largest economy in Africa with an economy size of about US$45.6 billion currently, as it was 12th in the rankings by africanrankings.com previously.
In 4th, 5th, 6th and 7th are Algeria, Angola, Morocco and Libya respectively. Their economies are US$219 billion, US$129 billion US$114 billion and US$67 billion respectively.
South Africa and Egypt followed next in 2nd and 3rd positions with economies worth US$341.2 billion and US$275.7 billion respectively.
Oil-rich Sudan, Kenya and Ethiopia followed in the 8th, 9th and 10th position respectively with GDP of US$63 billion, US$56 billion and US$ 51 billion respectively.
Amusingly, Libya, Nigeria, Algeria, Sudan and Angola, that are in the top 10 are oil producing countries.
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