Regional Economic Outlook, April 2018, Sub-Saharan Africa

Regional Economic Outlook, April 2018, Sub-Saharan Africa PDF

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2018-05-08

Total Pages: 137

ISBN-13: 148433986X

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The region is seeing a modest growth uptick, but this is not uniform and the medium-term outlook remains subdued. Growth is projected to rise to 3.4 percent in 2018, from 2.8 percent in 2017, on the back of improved global growth, higher commodity prices, and continued strong public spending. About 3⁄4 of the countries in the region are predicted to experience faster growth. Beyond 2018, growth is expected to plateau below 4 percent, modestly above population growth, reflecting continued sluggishness in the oil-exporting countries and sustained growth in non-resource-intensive countries. A number of countries (Burundi, DRC, South Sudan, and parts of the Sahel) remain locked in internal conflict resulting in record levels of refugees and Internally Displaced Persons, with adverse spillovers to neighboring countries.

Regional Economic Outlook, April 2018, Sub-Saharan Africa

Regional Economic Outlook, April 2018, Sub-Saharan Africa PDF

Author: Céline Allard

Publisher: International Monetary Fund

Published: 2018-05-08

Total Pages: 140

ISBN-13: 1484354648

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The region is seeing a modest growth uptick, but this is not uniform and the medium-term outlook remains subdued. Growth is projected to rise to 3? percent in 2018, from 2? percent in 2017, on the back of improved global growth, higher commodity prices, and continued strong public spending. About ¾ of the countries in the region are predicted to experience faster growth. Beyond 2018, growth is expected to plateau below 4 percent, modestly above population growth, reflecting continued sluggishness in the oil-exporting countries and sustained growth in non-resource-intensive countries. A number of countries (Burundi, DRC, South Sudan, and parts of the Sahel) remain locked in internal conflict resulting in record levels of refugees and Internally Displaced Persons, with adverse spillovers to neighboring countries.

Regional Economic Outlook, April 2019, Sub-Saharan Africa

Regional Economic Outlook, April 2019, Sub-Saharan Africa PDF

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2019-04-12

Total Pages: 69

ISBN-13: 1484396863

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The economic recovery in sub-Saharan Africa is expected to continue, but at a slower pace than envisaged in October 2018. This weaker outlook reflects domestic and external challenges. On the external side, the global expansion is losing momentum, including in China and the euro area, trade tensions remain elevated, global financial conditions have tightened, and commodity prices are expected to remain low. On the domestic front, security challenges, climate shocks, and policy uncertainty are hampering investment and weighing on economic prospects in several countries. Under current policies, medium-term average growth for the region is expected to continue to fall well short of what is needed to absorb the new entrants to the labor force and to deliver limited gains in living standards.

Regional Economic Outlook, October 2018, Sub-Saharan Africa

Regional Economic Outlook, October 2018, Sub-Saharan Africa PDF

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2018-10-11

Total Pages: 69

ISBN-13: 1484375394

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The macroeconomic outlook for sub-Saharan Africa continues to strengthen. Growth is expected to increase from 2.7 percent in 2017 to 3.1 percent in 2018, reflecting domestic policy adjustments and a supportive external environment, including continued steady growth in the global economy, higher commodity prices, and accommodative external financing conditions. Inflation is abating; and fiscal imbalances are being contained in many countries. Over the medium term, and on current policies, growth is expected to accelerate to about 4 percent, too low to create the number of jobs needed to absorb anticipated new entrants into labor markets.

Regional Economic Outlook, April 2015, Sub-Saharan Africa

Regional Economic Outlook, April 2015, Sub-Saharan Africa PDF

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2015-04-28

Total Pages: 121

ISBN-13: 1475595395

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The sharp decline in oil and other commodity prices have adversely impacted sub-Saharan Africa. Nevertheless, the region is projected to register another year of solid economic performance. In South Africa, however, growth is expected to remain lackluster, while in Guinea, Liberia, and Sierra Leone the Ebola outbreak continues to exact a heavy economic and social toll. This report also considers how sub-Saharan Africa can harness the demographic dividend from an unprecedented increase in the working age population, as well as the strength of the region's integration into global value chains.

Regional Economic Outlook, April 2019, Sub-Saharan Africa

Regional Economic Outlook, April 2019, Sub-Saharan Africa PDF

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2019-04-12

Total Pages: 85

ISBN-13: 1498304184

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The economic recovery in sub-Saharan Africa is expected to continue, but at a slower pace than envisaged in October 2018. This weaker outlook reflects domestic and external challenges. On the external side, the global expansion is losing momentum, including in China and the euro area, trade tensions remain elevated, global financial conditions have tightened, and commodity prices are expected to remain low. On the domestic front, security challenges, climate shocks, and policy uncertainty are hampering investment and weighing on economic prospects in several countries. Under current policies, medium-term average growth for the region is expected to continue to fall well short of what is needed to absorb the new entrants to the labor force and to deliver limited gains in living standards.

Regional Economic Outlook, April 2015, Sub-Saharan Africa

Regional Economic Outlook, April 2015, Sub-Saharan Africa PDF

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2015-04-28

Total Pages: 121

ISBN-13: 1498329845

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The sharp decline in oil and other commodity prices have adversely impacted sub-Saharan Africa. Nevertheless, the region is projected to register another year of solid economic performance. In South Africa, however, growth is expected to remain lackluster, while in Guinea, Liberia, and Sierra Leone the Ebola outbreak continues to exact a heavy economic and social toll. This report also considers how sub-Saharan Africa can harness the demographic dividend from an unprecedented increase in the working age population, as well as the strength of the region's integration into global value chains.

Regional Economic Outlook, April 2008, Sub-Saharan Africa

Regional Economic Outlook, April 2008, Sub-Saharan Africa PDF

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2008-04-14

Total Pages: 145

ISBN-13: 1589067118

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The region's prospects continue to be promising, but global developments pose increased risks to the outlook. Growth in sub-Saharan Africa should again average about 61⁄2 percent in 2008 with oil exporters leading the way; meanwhile, growth in oil importers is expected to taper off, though only modestly. With food and energy prices still rising, inflation is projected to average about 81⁄2 percent this year for countries in the region, setting aside Zimbabwe. Risks in 2008 are tilted to the downside, but the region is better placed today to withstand a worsening of the global environment.

Regional Economic Outlook, April 2012, Sub-Saharan Africa

Regional Economic Outlook, April 2012, Sub-Saharan Africa PDF

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2012-05-17

Total Pages: 137

ISBN-13: 1616352493

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Sub-Saharan Africa continues to record strong economic growth, despite the weaker global economic environment. Regional output rose by 5 percent in 2011, with growth set to increase slightly in 2012, helped by still-strong commodity prices, new resource exploitation, and the improved domestic conditions that have underpinned several years of solid trend growth in the region's low-income countries. But there is variation in performance across the region, with output in middle-income countries tracking more closely the global slowdown and with some sub-regions adversely affected, at least temporarily, by drought. Threats to the outlook include the risk of intensified financial stresses in the euro area spilling over into a further slowing of the global economy and the possibility of an oil price surge triggered by rising geopolitical tensions.

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