Regional Economic Outlook: Sub-Saharan Africa - Sustaining Growth amid Global Uncertainty, April 2012

Sub-Saharan Africa, April 25, 2012

Source details

Canonical URL: Regional Economic Outlook: Sub-Saharan Africa - Sustaining Growth amid Global Uncertainty, April 2012

Regional output rose by 5 percent in 2011.
Growth is set to increase slightly in 2012.
Drivers of continued growth include:
- still-strong commodity prices,
- new resource exploitation,
- improved domestic conditions that have underpinned several years of solid trend growth in the region’s low-income countries.
Performance varies across the region:
- output in middle-income countries is tracking more closely the global slowdown,
- some sub-regions were adversely affected, at least temporarily, by drought.

Major 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,
- the possibility of an oil price surge triggered by rising geopolitical tensions.

IMF Regional Economic Outlook: Sub-Saharan Africa - Table of Contents (April 2012).

Regional Economic Outlook: Sub‑Saharan Africa
- Regional Economic Outlook: Sub‑Saharan Africa (Markdown version)
- Regional Economic Outlook: Sub‑Saharan Africa (PDF)