15 African Countries with the Potential to Develop Soon and Become a First World Nation - Page 3 of 5 - InvestingChannel

15 African Countries with the Potential to Develop Soon and Become a First World Nation

3. Algeria

HDI Value: 0.745

Annual GDP per Capita Growth as of 2023: 2.50%

Insider Monkey Score: 0.3850

GDP per Capita (2024): $16,480

Algeria underwent a 2.50% increase in its annual GDP per capita in 2023, bringing its GDP per capita to $16,480 in 2024. Officially known as the People’s Democratic Republic of Algeria, Algeria is located in North Africa’s Maghreb region. It ranks third on our list with an Insider Monkey Score of 0.3850.

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