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Points Frog guide

Africa vs Europe

Europe's GDP per person at PPP is 7.8 times Africa's, and a dollar goes 2.5 times as far in Africa.

Compare two countries

A UN member state, or a continent's average.

The page updates.

In US dollars, spent in each country.

$100 spent in Africa buys about what

$250

buys in Europe, at purchasing power parity

And $100 in Europe buys what $39.99 buys in Africa. Prices across Africa's economy average 40% of Europe's, so a dollar goes 2.5 times as far in Africa.

World Bank figures for 2025 unless another year is shown
MeasureAfricaEurope
Economy
Population1.55 billion54 of 54 countries743.0 million43 of 43 countries
GDPUS dollars, market exchange rates$3.15 trillion52 of 54 countries$29.9 trillion40 of 43 countries
GDP per personUS dollars$2,05552 of 54 countries$40,25440 of 43 countries
GDP per person at PPPInternational dollars$7,60552 of 54 countries$59,58540 of 43 countries
Prices
Price levelUS prices = 100%27%52 of 54 countries68%40 of 43 countries
A US dollar goes as far as$3.70 in the US52 of 54 countries$1.48 in the US40 of 43 countries
Income
Median income or consumptionPer person, international dollarsMedians don't add upMedians don't add up
More figures: GDP at PPP, conversion factor and GNI
Gross national income is what residents earn, at home and abroad
MeasureAfricaEurope
GDP at PPPInternational dollars$11.6 trillion52 of 54 countries$44.3 trillion40 of 43 countries
PPP conversion factorLocal currency per international dollarMany currenciesMany currencies
GNI per person, Atlas methodUS dollars$2,00152 of 54 countries$38,30540 of 43 countries
GNI per person at PPPInternational dollars$7,38052 of 54 countries$59,15640 of 43 countries

Africa adds up its countries with 2025 figures (UN M49 regions); its per-person figures are the total over their population. Europe adds up its countries with 2025 figures (UN M49 regions); its per-person figures are the total over their population.

GDP per person at PPP · 2000 to 2025, in constant 2021 international dollarsAdjusted for inflation, so recent years read lower than the current-dollar figures above. Africa covers the 51 of its 54 countries with figures for every year, weighted by population. Europe covers the 40 of its 43 countries with figures for every year, weighted by population.
  • Africa
  • Europe
Year-by-year table
YearAfricaEurope
2025$6,500$50,183
2024$6,369$49,598
2023$6,298$48,828
2022$6,248$48,171
2021$6,128$46,971
2020$6,041$44,056
2019$6,357$46,526
2018$6,335$45,679
2017$6,291$44,695
2016$6,256$43,562
2015$6,290$42,927
2014$6,250$42,469
2013$6,169$42,014
2012$6,087$41,862
2011$5,957$41,782
2010$5,937$40,828
2009$5,760$39,880
2008$5,715$42,079
2007$5,569$41,504
2006$5,392$39,893
2005$5,219$38,286
2004$5,066$37,254
2003$4,903$35,997
2002$4,810$35,213
2001$4,682$34,581
2000$4,614$33,639

World Bank figures, updated October 8, 2026. An educational estimate, not financial advice.

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Africa vs Europe: questions

Is Africa richer than Europe?

Africa's GDP per person at purchasing power parity was $7,605 in 2025, 13% of Europe's $59,585, so Europe is the richer of the two by this measure. At market exchange rates, GDP per person was $2,055 in Africa and $40,254 in Europe. Africa's figures add up the 52 of its 54 countries (UN M49 regions) with figures for 2025, and per-person figures are their total GDP over their total population. Europe's figures add up the 40 of its 43 countries (UN M49 regions) with figures for 2025, and per-person figures are their total GDP over their total population.

How far does a dollar go in Africa compared with Europe?

Prices across Africa's economy averaged 40% of Europe's in 2025, so $100 spent in Africa buys about what $250 buys in Europe, and a dollar goes 2.5 times as far in Africa. Against the United States, prices averaged 27% of US prices in Africa and 68% in Europe.

How big is Africa's economy compared with Europe's?

In 2025, Africa's GDP was $3.15 trillion at market exchange rates and $11.6 trillion at PPP; Europe's GDP was $29.9 trillion at market exchange rates and $44.3 trillion at PPP. At market rates Africa's economy is 11% of Europe's, and at PPP 26%. Africa has 1.55 billion people and Europe 743.0 million.

Do people earn more in Africa or Europe?

In 2025, gross national income per person by the World Bank's Atlas method was $2,001 in Africa and $38,305 in Europe; at PPP it was $7,380 and $59,156. Survey medians can't be added up across countries, so there's none for Africa. Survey medians can't be added up across countries, so there's none for Europe.

How has GDP per person changed since 2000?

After inflation, GDP per person at PPP grew 41% in Africa from 2000 to 2025, 1.4% a year, and grew 49% in Europe, 1.6% a year. Africa's was 14% of Europe's in 2000 and 13% in 2025.

What is purchasing power parity (PPP)?

A rate that converts money between countries by what it buys rather than by the exchange rate. An international dollar buys in any country what a US dollar buys in the United States. The World Bank's International Comparison Program prices the same goods and services around the world to set these rates, so GDP at PPP compares how much economies actually produce, without exchange rate swings or price gaps.

How are the continent figures worked out?

Each continent's GDP and population are the sums of its countries with a figure for 2025, and its per-person figures are that total divided by the same countries' total population, so bigger countries count for more. Countries without a 2025 figure are left out. Continents follow the UN's M49 regions, with the Americas split at South America: Russia counts as Europe, Türkiye, Cyprus and the Caucasus as Asia, and Mexico, Central America and the Caribbean as North America. The chart uses only the countries with figures for every year since 2000.

What's the difference between GDP and GNI?

GDP is the value of everything produced inside a country. GNI, gross national income, adds income residents earn abroad and takes away income sent to foreign owners and workers. They differ most where foreign companies or workers take a large share, as in Ireland or Luxembourg, so GNI per person is closer to what a country's residents earn.

What is the World Bank Atlas method?

A way of converting GNI to US dollars that averages a country's exchange rate over three years, adjusted for inflation, so one year's currency swing doesn't jump it from one income group to another. The World Bank uses it to sort countries into low, lower-middle, upper-middle and high income each July.

Why is the median income missing or old for some countries?

Median income or consumption comes from household surveys, which most countries run every few years and some haven't run in a long time. Many lower-income countries measure what households spend rather than what they earn. This page shows the latest survey from the past 15 years in the World Bank's Poverty and Inequality Platform, with its year, and says when there isn't one.

Where do these figures come from?

From the World Bank's World Development Indicators, last updated October 8, 2026, with figures through 2025, and median income or consumption from its Poverty and Inequality Platform (September 22, 2026 release). Each figure is the latest the World Bank has for that country, from 2015 on; an older one is left out. The IMF publishes its own estimates, which usually differ by a few percent.

Is this comparison financial advice?

No. It's an educational comparison of official statistics. A country's average price level covers its whole economy, so your own costs in either place depend on where you live and what you buy.

How does the comparison work?