Highest property price-to-income ratios in Africa 2024, by country

Published by Statista Research Department, Jul 31, 2024

As of June 2024, Ethiopia recorded the highest property price-to-income ration in Africa, with 50.3 points. Cameroon and Algeria followed, with ratios of 43.2 and 18.7 points, respectively. 

Top five highest property price-to-income ratios in Africa in 2024, by country

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Release date

July 2024

Region

Africa, Algeria, Cameroon, Ethiopia, Morocco, Egypt

Survey time period

mid-2024

Supplementary notes

The price-to-income ratio is a crucial measure for apartment purchase affordability. A lower ratio signifies better affordability.

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