The annual african economic outlook aeo report is an essential reference for monitoring the economic, social and political developments of the continent, using rigorous and politically independent analysis. This analysis, developed by ingo winzer, reflects his view on the current outlook for the national economy. Mar 25, 2020 economic snapshot for subsaharan africa. The oecd economic outlook is the oecds twiceyearly analysis of the major economic trends and prospects for the next two years. The south african economy is expected to recover gradually over the medium term, with. Director economic affairs, commission of the african union 2. The outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances. This chapter analyses recent trends in external financial flows to africa and domestic revenue collection. Cbn, pwc estimates with the outlook on the oil price and level of reserves accretion usd40. Almost all african countries are expected to register higher growth in 2010 than in 2009.
An overview has been generated using key economic indicators paired with detailed statista industry forecasts. Middle east and north africa regional economic outlook presentation, november 8, 20. Economic report on africa 20 4 foreword africa is at a critical juncture in its development trajectory. The african economic outlook 2017 presents the continents current state of affairs and forecasts its situation for the coming two years. Subsaharan africa economic outlook data, statistics. African economic outlook 2010 oecd, african development bank, united nations economic commission for africa snippet view 2010 african economic outlook. Economic outlook no 94 november 20 oecd annual projections. African economic outlook 2012 african development bank. African economic outlook 20 structural transformation and.
These forecast have been revised significantly lower to around 1. The african economic outlook was prepared by a consortium of four teams from the african development bank afdb, the oecd development centre, the united nations development programme undp and the united nations economic commission for africa uneca. To buy hard copies, see links on the website above. Africas sustainable economic and social transformation is a global priority. We support the implementation of the african unions strategic vision at continental, regional, national and local levels by coproducing cuttingedge data and analysis with our african member states and partners, and facilitating an open dialogue on policies to accelerate that transformation. This report, the twelfth edition of the aeo, features in part one an overview of africa. This years african economic outlook examines recent macroeconomic developments and the outlook in africa, focusing on the implications of external imbalances for growth and the financial and monetary challenges of integration chapter 1. Pocket edition african african economic economic outlook 20. Indeed, the continents economic outlook for 20 and 2014 is promising, con. Attract more private funding to infrastructure projects, focusing on risk.
Why south africas economic outlook is looking bleak cnbc. This annual report examines africas performance in crucial areas. This dossier presents a comprehensive outlook on the economic status quo in south africa. China economic outlook first quarter 2016 a global outlook of anae 2 mic and more fragile growth the intensification during the last quarter of 2015 of some of the risk clusters with a global impact led to a further downward revision of world economic growth forecasts for this year. Economic freedom measures the extent to which government policies and institutions enhance the ease of doing business, security and fair competition in a country. African economic outlook 2014 global value chains and africas industrialisation the african economic outlook 2014 analyses the continents growing role in the world economy and predicts twoyear macroeconomic prospects. At the start of the year, the sarb, the national treasury and the imf all projected growth in the region of 2. African economic outlook africa is now the new frontier, an important growth pole for the economic recovery and an attractive business destination for capital. Jul 24, 2017 with the mounting problems facing south africa, cnbc looks at the investment case for the country and whether its economic outlook is starting to look bleak. Global value chains and africas industrialisation outlook 2014. Looking ahead, the economic outlook for africa remains optimistic. National economic outlook for real estate markets local.
Oecd ilibrary oecd economic outlook, volume 20 issue 1. Economic outlook no 93 june 20 longterm baseline projections graph. Subsaharan africa provides a comprehensive report on the prospects for growth in the region, as well as the major risks to the outlook. Address the infrastructure deficit in special economic zones and industrial parks. The global economic and geopolitical changes of the last two decades have shifted the. Oecd african economic outlook 2010 pdf the african economic outlook 2010 investigates how public resource.
Africa reduce its dependence on aid and other external financial flows to finance its own. Nigerias economic recovery defining the path for economic. It explores how foreign direct investment, portfolio investment, remittances and official development assistance have evolved in 2015 and 2016, and their outlook for 2017. The regions 2020 economic outlook deteriorated markedly this month owing to the intensifying coronavirus fallout and slump in commodity prices, particularly of oil. Africa economic outlook jeanchristophe batlle, managing director for africa julien marcilly, group chief economist. Nigeria economic outlook top 10 themes for 2019 disclaimer this document has been prepared for general guidance on matters of interest only, and does not constitute professional advice. It details the performance of african economies in crucial areas. The african development bank is launching the 2018 edition of its yearly flagship report, the african economic outlook aeo, on wednesday, january 17. Economic outlook no 93 june 20 longterm baseline projections. Economic overview in brief the south african economy, which grew by an estimated 0.
The ninth edition of the african economic outlook portrays a continent that is slowly emerging from the lingering effects of the worlds deepest and most widespread economic crisis in half a century. This th edition of the african economic outlook underscores the continents resilience to regional and global headwinds. The global economic growth outlook has improved, but is clouded by policy uncertainty as. To capture the trend in economic freedom in our model, we used the economic freedom of the world index which was developed by the frazer institute. The focus of the 20 edition if structural transformation and natural resources in africa. African development bank launches the 2018 edition of the. Dynamic emerging economies, particularly china, india and brazil, have fuelled global growth. African economic outlook 20 this report is available freeofcharge on.
The perception gap is closing, and there are serious investors who are seriously interested in africa. The outlook for the domestic economy over the medium term is one of a somewhat improved from the current very poor conditions, but still unsatisfactory performance. This page has economic forecasts for south africa including a longterm outlook for the next decades, plus mediumterm expectations for the next four quarters and shortterm market predictions for the next release affecting the south africa economy. Nonfood and nonfuel inflation increased by 10 basis points to 4. Economic policy and outlook overview conomic prospects continue to improve in the wake of the great recession. African economic outlook 2010 you do not have access to this content. The african economic outlook is the only annual report that monitors in detail the economic performance of 53 individual countries on the continent, using a strictly comparable analytical framework.
Middle east and north africa regional economic outlook. African economic outlook is a reference website which focuses on the economics of most african countries. The african economic outlook aeo was prepared by a consortium of three teams from the african development bank afdb, the oecd development centre and the united nations development programme. The african economic outlook aeo was prepared by a consortium of three teams from the african development bank afdb, the oecd development centre and the united nations. The african development bank is launching the 2018 edition of its yearly flagship report, the african economic outlook aeo, on wednesday, january 17, 2018 at its headquarters in abidjan. Mobilize domestic resources through welltargeted subsidies and rigorous collection of fees through the application of icts. Economic outlook no 93 june 20 longterm baseline projections graph economic outlook no 93 june 20 longterm baseline projections economic outlook no 93 june 20 oecd annual projections. Generally, growth is expected to remain strong despite a downward revision since the may 20 report. In 20, africa grew by about 4%, on average, compared. Victor harison commissioner for economic affairs, commission of the african union dr. Domestic economic growth outlook consistently revised downwards south africasgdp growth forecasts have been consistently revised lower. To help our customers better understand current market conditions and projections, local market monitor provides periodic analyses of national economic trends and their impact on real estate markets. January 20 saw a rise in inflation by 50 basis points to 3.
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