Your browser is not up-to-date. For optimum experience we recommend to update your browser to the latest version IMF Data Mapper® v3 Plot, compare and import data. Email notification sign-up . Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website. Modify your profile. Publications. World Economic Outlook Reports. World Economic Outlook, October 2020: A Long and Difficult Ascent. October 7, 2020. Global Financial Stability Report. Global Financial. The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries.The WEO is released in April and September/October each year
You are here. Home. African Economic Outlook 202 African Economic Outlook 2019 AFRICAN DEVELOPMENT BANK. African Economic Outlook 2019. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the African Development Bank, its Boards of Directors, or the countries they represent. This document, as well as any data and maps included, are without prejudice to the status of or sovereignty over any. .4 percent in 2019 and is expected to pick up to 3.9 percent in 2020 and 4.1 percent in 2021 but to remain below historical highs The IMF publishes a range of time series data on IMF lending, exchange rates and other economic and financial indicators. Manuals, guides, and other material on statistical practices at the IMF, in member countries, and of the statistical community at large are also available
6ThE WEST AFRICAN ECONOMY average inflation in West Africa rose from 8.2per- cent to 13.3percent (figure 5), while average inflation in Africa rose from 7.4percent to 13 per- cent. West African inflation is projected to decline moderately but stay in double digits —11.6 percent in 2018 and 11.0 percent in 2019 In our latest Regional Economic Outlook, we project -3 percent growth in sub-Saharan Africa's GDP in 2020, representing the worst outcome on record for the region.The drop will be even larger for economies dependent on tourism and commodity exports. Growth in the region should rebound modestly in 2021 to 3.1 percent, but for many countries, a return to 2019 levels won't occur until 2022-24 Late this week, IMF published a Regional Economic Outlook of Sub Saharan Africa under the title, 'A Difficult Road to Recovery.' This publication highlights how African countries' economies have been hit severely by the outbreak of the global pandemic. The report shows that the economic growth of African countries in 2020 has significantly dropped because of the outbreak and also. AFR Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in Sub-Saharan Africa. Data for the REO for Sub-Saharan Africa is prepared in con Still, South Africa has a highly developed economy and advanced economic infrastructure, making the country the leading African economy and home to 75% of the largest African companies. The economy grew 0.2% in 2019, against 0.8% in 2018, and it is expected to fall to -5.8% in 2020 due to the outbreak of the COVID-19 and pick up to 4% in 2021, according to the updated IMF forecasts from 14th.
Eritrea remains a country of immense economic potential but economic and policy reforms are necessary for growth to rebound. The GDP is heavily based on services (59%), with a very small manufacturing sector (5.9%). Agriculture, hunting, forestry and fisheries constitute 17.2% of GDP The African Department of the International Monetary Fund has attributed the civil unrest in Nigeria, spiked by the peaceful #EndSARS protest to the vulnerable state of the Nigerian economy. This statement was made by the Board of the African Department of International Monetary Fund, during the Sub-Saharan Africa (SSA) Regional Economic Outlook briefing, which was monitored by Nairametrics. Sub-Saharan Africa faces a huge challenge, made worse by the coronavirus pandemic, to find nearly $900 billion to repay massive debt and fund essential public spending, the International Monetary.
The economic outlook is more favorable in the short and medium term, thanks to higher projected industrial and mining output, good performances in agriculture and fisheries and continuing structural reform. An improved business climate is vital for the emergence of a true local entrepreneurial class that can speed up industrialization and create decent jobs thereby reducing poverty and social. The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries. The WEO is released in April and. Africa faces slow economic recovery from pandemic, says IMF Sub-Saharan Africa is forecast to contract by a record 3% in 2020, and SA could contract by 8% 22 October 2020 - 14:57 Alonso Sot Release Date: 22 October 2020 Sub-Sahara Africa is headed for its worst economic decline on record, the IMF reported Thursday (Oct. 22) in Washington, DC. The IMF forecasts a 3 percent decline in sub-Saharan Africa's GDP in 2020 announced Abebe Aemro Selassie, Director of the African Department at the IMF African outlook PODCAST | IMF Africa head Abebe Aemro Selassie: optimist and believer in the African Century This is essential listening for anyone with an interest in Africa. The podcast is.
Suriname. Data cited at: World Economic Outlook, October 2020, The International Monetary Fund. Near-term outlook. Global growth is projected at −4.4 percent in 2020, a less severe contraction than forecast in the June 2020 World Economic Outlook (WEO) Update. The revision reflects better-thananticipated second quarter GDP outturns, mostly in advanced economies, where activity began to. Africa in Focus The state of African economies: Insights from the IMF and World Bank Spring Meetings Landry Signé Tuesday, April 24, 201 Data cited at: World Economic Outlook, October 2020, The International Monetary Fund. Near-term outlook. Global growth is projected at −4.4 percent in 2020, a less severe contraction than forecast in the June 2020 World Economic Outlook (WEO) Update. The revision reflects better-thananticipated second quarter GDP outturns, mostly in advanced economies, where activity began to improve sooner.
Knoema is the largest repository of free public data, open data and government statistics on numerous socioeconomic topics with 100M+ time series, 3000+ data sets and more than 1B data points The largest public and open data repository in the world - IMF - Africa COVID-19 Situation Roo The IMF's World Economic Outlook shows that South Africa's Gross Domestic Product (GDP) is expected to grow by 1.0% in 2019. Economic growth in South Africa is expected at a more subdued pace in 2019. This is contained in the latest World Economic Outlook update released by the International Monetary Fund (IMF) IMF says South Africa's economic growth weakened by bailouts. South African economic growth has slowed over the last decade. Debt has climbed rapidly as the government scrambles to plug a widening. This graph shows why South African won't need an IMF loan soon. Business Insider SA Aug 20, 2019, 04:37 PM facebook. twitter . email while South Africa's economic outlook hasn't looked gloomier in the post-democratic era, it is still too early for the ignominious calls for external debt relief from the IMF, says Futuregrowth. Significant time has been wasted, trust eroded and.
Keywords: Regional Economic Outlook, Economic and Financial Topics, COVID-19 , Crisis recovery and resolution planning, Climate change, Economic recession, Public debt, Health, Oil prices, Inflation Sub-Saharan Africa is struggling to navigate an unprecedented health and economic crisis-one that, in just a few months, has jeopardized decades of hard-won development gains and upended the lives. The organisation said it had already finished collecting its data but the projection will depend largely on how the protest evolves. The Fund's Director, African Department, Abebe Selassie, said..
LIVE press briefing with Abebe Aemro Selassie, Director of the African Department, on the economic outlook for sub-Saharan Africa The IMF announced in June's World Economic Outlook that projection for sub-Saharan Africa overall is a negative 3.2 % in 2020 with a recovery in 2021 of 3.4%. For infrastructure the IMF added that infrastructure is needed for a resilient economy, however ina scenario where large scale investments are needed, the focus needs to be smart, green and inclusiv Regional Economic Outlook, April 2020, Sub-Saharan Africa : COVID-19: An Unprecedented Threat to Development . Sub-Saharan Africa is facing an unprecedented health and economic crisis that threatens to throw the region off its stride, reversing the encouraging development progress of recent years. Furthermore, by exacting a heavy human toll. AFRICA; IMF's latest economic outlook for Asia-Pacific region World Today. Click to share on Facebook (Opens in new window) Click to share on Twitter (Opens in new window) Click to share on LinkedIn (Opens in new window) Click to share on Pinterest (Opens in new window) Click to share on Reddit (Opens in new window) Click to share on Weibo (Opens in new window) Click to print (Opens in new. Regional Economic Outlook, October 2020, Sub-Saharan Africa : A Difficult Road to Recovery. Sub-Saharan Africa is struggling to navigate an unprecedented health and economic crisis-one that, in just a few months, has jeopardized decades of hard-won development gains and upended the lives and livelihoods of millions
The regional outlook is broadly unchanged since the June 2020 Regional Economic Outlook Update. In 2020, economic activity is expected to contract by 3.0 percent, but then recover by 3.1 percent in 2021. This represents a drop in real per capita income of 4.6 percent over 2020-21, which is larger than in other regions Africa: IMF World Economic Outlook (WEO), October 2020. October 2020. Source: International Monetary Fund. Uploaded by: Knoema. Accessed On: 16 October, 2020. Select Dataset. Near-term outlook. Global growth is projected at −4.4 percent in 2020, a less severe contraction than forecast in the June 2020 World Economic Outlook (WEO) Update. The revision reflects better-thananticipated second. South Africa Jump to. Projects & Operations Explore raw data about the World Bank's finances - slice and dice datasets; visualize data; share it with other site users or through social networks; or take it home with a mobile app. Finances. Global Economic Prospects - Forecasts. Annual GDP Growth (%) South Africa. Global Economic Prospects examines trends for the world economy and how they.
The World Economic Outlook Update now estimates the region to shrink by 9.4 percent in 2020, four percentage points worse than the April projection and the worst recession on record. A mild recovery to +3.7 percent is projected in 2021. Latin American countries should be cautious in reopening their economies and allow science and data to guide the process. The pandemic. The rates of COVID-19. The regional economy will probably contract by 3.2% this year, before rebounding to grow by 3.4% in 2021, the IMF said in its World Economic Outlook published in June
Responding to a THISDAY question during a media briefing on the 'Africa Regional Economic Outlook,' at the ongoing Annual Meetings of the IMF/World Bank in Washington DC, the Director of IMF's. South Africa's undeniable economic potential remains mostly untapped, and the economy faces three immediate hurdles, the report by IMF mission lead Ana Lucia Coronel stated World Economic Outlook, October 2020 A Long and Difficult Ascent The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April IMF - World Economic Outlook. Abstract o The World Economic Outlook (WEO) database is updated twice a year (April and September) as part of the publication of the World Economic Outlook Report. The dataset contains time series at the regional and country level on GDP growth, inflation, unemployment, payments balances, exports, imports, external.
On October 15, the IMF brought out the heavy guns to highlight the urgency of the Algerian economic situation. In an economic outlook note, the international institution forecasts a historic drop in GDP to -5.5% in 2020, before a slight recovery of 3.2% in 2021 Business Global economy in deep recession, but outlook not as grim as feared, says IMF. Even though the virus-induced global economic crisis is far from over, the International Monetary Fund (IMF. Director, African Department, International Monetary Fund, Abebe Selassie, said this while responding to questions during the virtual IMF press conference on the regional economic outlook for Sub. The African Continental Free Trade Area is Africa's renewed opportunity to steer its economic relations away from a reliance on external donors, foreign creditors and excessive commodity dependence, ushering in instead a new economic and political era focused on self-reliant cooperation, deeper integration and higher levels of intra- African trade. The African Continental Free Trade Area. The African Economic Outlook 2017 presents the continent's current state of affairs and forecasts its situation for the coming two years. This annual report examines Africa's performance in crucial areas: macroeconomics, external financial flows and tax revenues, trade policies and regional integration, human development, and governance
The Fund's Director, African Department, Abebe Selassie, said this while responding to questions during the virtual IMF press conference on the regional economic outlook for Sub-Saharan Africa on. The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries. The WEO is released in April and September/October each year. Use this database to.
Africa South Africa 0 500 1000 1500 2000 2500 3000 3500 4000 4500 Figure 2- GDP Per Capita in South Africa and in Africa ($ current) Source: Authors' estimates based on IMF data. Table 1- Demand Composition (percentage of GDP) Source: Authors' estimates and predictions based on South Africa Reserve Bank data Data by theme; Popular queries ; Reset Economic Outlook No 95 - May 2014 - Long-term baseline projections. Economic Outlook No 95 - May 2014 - Long-term baseline projections. Graphs. Economic Outlook No 95 - May 2014 - OECD Annual Projections. Economic Outlook No 94 - November 2013 - OECD Annual Projections. By Subjects . By Countries. Economic Outlook No 93 - June 2013 - Long-term. The African Economic Outlook 2014 analyses the continent's growing role in the world economy and predicts two-year macroeconomic prospects. It details the performance of African economies in crucial areas: growth, financing, trade policies and regional integration, human development, and governance. Country notes now cover all 54 African countries. They summarise recent economic growth.
IMF Data Shows Virus Will Push China GDP Growth Well Beyond U.S. (Bloomberg) -- The Covid-19 pandemic will produce lasting shifts to global growth, pushing China even more to the forefront. Load Erro The African Economic Outlook 2015 analyses Africa's growing role in the world economy and predicts the continent's two-year prospects in crucial areas: macroeconomics, financing, trade policies and regional integration, human development, and governance.This 14th edition analyses regional development and spatial inclusion challenges faced by the continent
Data showed the Eurozone economic sentiment indicator fell less than expected in November, while third-quarter GDP figures for France were revised higher. Meanwhile, EU Brexit negotiator Michel Barnier confirmed he is traveling to London tonight to continue face-to-face trade talks this weekend. On a more negative note, investors remained concerned about coronavirus-induced restrictions as. The IMF said in its World Economic Outlook that GDP was projected to fall sharply in South Africa, the continent's most advanced economy. The country's GDP is projected to contract 5.8% in. The International Monetary Fund lowered its forecast for South Africa's economic growth to 1.2 percent in 2019 and to 1.5 percent in 2020, saying political and policy uncertainty remained a.
Our Regional Economic Outlook for sub-Saharan Africa published earlier this year highlights the lasting damage in the region from climate events. Over the medium term, annual per capita economic growth can decline an additional 1 percentage point with each drought. That impact is eight times worse than for an emerging market or developing economy in other parts of the world. Nelson Mandela. Fortunately your need has been addressed with African Financial & Economic Data (AFED). AFED is a comprehensive, consolidated and above all clear service providing interested parties in African countries with the detailed financial and economic information they need to make good political, financial, strategic and investment decisions. All data is updated daily and available under 3 packages. The African Economic Outlook 2017 presents the continent's current state of affairs and forecasts its situation for the coming two years.This annual report examines Africa's performance in crucial areas: macroeconomics, external financial flows and tax revenues, trade policies and regional integration, human development, and governance
Economic Data. ADB's Asian Development Outlook (ADO) series analyzes economic and development issues in developing countries in Asia. This includes forecasting the inflation and gross domestic product growth rates of countries throughout the region, including the People's Republic of China and India The monetary fund's forecast for 2020 in its latest World Economic Outlook does represent an upgrade of 0.8 percentage point from its previous forecast in June. The IMF attributed the slightly less dire forecast to faster-than-expected rebounds in some countries, notably China, and to government rescue aid that was enacted by the United States and other major industrial countries. World Economic Outlook Update, Africa's economic growth is estimated to slowdown to 1.7 per cent in 2009 against an original estimate of 6.4 per cent in April 2008, a potential loss of almost 5 percentage 1 Economics Advisor, UNDP-Tanzania. The author would like to thank Kasirim Nwuke and Selamawit Mussie (UNECA), David Robinson (IMF) for their generosity in providing the data sets and. ECA aims to be the first port of call for member States seeking original data to inform policy decisions.Its long term objective is to serve as a regional service centre for data on economic, social, demographic, and environmental conditions in African countries. Read more about ; Top Stories . African Statistics Day marked across continent. Current, reliable and trusted data critical for. South Africa Economic Outlook. November 17, 2020. The economic scenario likely remained challenging in Q3, after the historic plunge in activity in Q2. While the pace of decline moderated from Q2 due to the gradual easing of restrictions, industrial output contracted relatively sharply in the quarter. Meanwhile, business sentiment remained entrenched in negative territory in the same period. IMF slashes economic outlook and warns of public debt burden. Recovery more gradual than previously expected as government finances take strain . Shoppers wait in line to enter a Bloomingdale's.