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According to the latest statistics released by the World Bank in 2024, among the Africa countries in 2008, Nigeria ranked first in terms of gross domestic product(GDP), with a total economic volume of $339.48 billion; South Africa ranked second in terms of GDP, with a total economic volume of $316.13 billion; Algeria ranked third in terms of GDP, with a total economic volume of $171 billion; Egypt ranked fourth in terms of GDP, with a total economy of $162.82 billion; and Morocco, with a total economy of $92.51 billion, ranked fifth in GDP.