African Economic Outlook

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African Economic Outlook

Country
Year	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014
Year
Indicator
Table 1 - Macroeconomic Indicators	..	..	..	..	..	..	..	..	..	..	..	..
Real GDP Growth	..	..	..	..	..	..	..	..	2.4	3.3	3	4.3
Real GDP per capita growth	..	..	..	..	..	..	..	..	0.3	1.4	0.8	2.5
CPI inflation	..	..	..	..	..	..	..	..	4.49	8.9	3.3	4.2
Budget balance % GDP	..	..	..	..	..	..	..	..	-1.3	-4.8	-0.2	-2.1
Current account balance % GDP	..	..	..	..	..	..	..	..	9.9	5.9	1.2	0.3
Table 2 - GDP by Sector (percentage)	..	..	..	..	..	..	..	..	..	..	..	..
Agriculture, hunting, forestry, fishing	..	..	..	..	8	7	..	..	8.6	9.7	..	..
Mining and quarrying	..	..	..	..	46.4	49.1	..	..	38.5	36	..	..
Manufacturing	..	..	..	..	4.3	3.9	..	..	3.9	4	..	..
Electricity, gas and water	..	..	..	..	1	0.9	..	..	0.8	0.8	..	..
Construction	..	..	..	..	9.3	8.4	..	..	9.8	9.6	..	..
Wholesale and retail trade, hotels and restaurants	..	..	..	..	9.3	10.5	..	..	7.7	12.2	..	..
Transport, storage and communication	..	..	..	..	10.7	8	..	..	11.5	7.4	..	..
Finance, real estate and business services	..	..	..	..	3	1	..	..	3.2	1.2	..	..
Public Administration, Education, Health & Social Work, Community, Social & Personal Services	..	..	..	..	8	10.2	..	..	16.2	18.1	..	..
Other services	..	..	..	..	0	1	..	..	0	1	..	..
Gross domestic product at basic prices / factor cost	..	..	..	..	100	100	..	..	100	100	..	..
Table 3 - Public finances (percentage of GDP) (a)	..	..	..	..	..	..	..	..	..	..	..	..
Total revenue and grants	..	36.3	40.8	..	..	..	36.6	36.6	39.9	40.5	39.6	38.3
Tax revenue	..	9.1	8.2	..	..	..	11.1	10.5	10.2	12.2	12.1	12
Oil revenue	..	25.9	31.4	..	..	..	24.4	24.6	27.7	26.8	26	24.7
Grants	..	..	..	..	..	..	..	..	..	..	..	..
Total expenditure and net lending	..	31	27.2	..	..	..	43.7	38.1	41	45.2	39.8	40.3
Current expenditure	..	20.3	16.5	..	..	..	22.9	22.2	26.7	31.2	30.5	30.7
Excluding interest	..	19	15.5	..	..	..	22.5	21.9	26.5	30.9	30.4	30.5
Wages and salaries	..	6.4	5.5	..	..	..	9.1	10.1	12.2	12.3	12.2	11.7
Interest	..	1.4	1	..	..	..	0.4	0.3	0.3	0.3	0.1	0.1
Primary balance	..	6.7	14.5	..	..	..	-6.7	-1.2	-0.9	-4.5	-0.1	-1.9
Overall balance	..	5.3	13.6	..	..	..	-7.1	-1.5	-1.2	-4.8	-0.2	-2.1
Table 4 - Current Account (percentage of GDP)	..	..	..	..	..	..	..	..	..	..	..	..
Trade balance	..	16.7	25.7	..	..	..	5.6	11.2	13	9.8	8.6	6.1
Exports of goods (f.o.b.)	..	37.8	44.9	..	..	..	32.7	35.2	36.6	35	34.6	32.8
Imports of goods (f.o.b.)	..	21	19.3	..	..	..	27	23.9	23.5	25.2	26	26.7
Services	..	-2.3	-2.2	..	..	..	-6.3	-4.2	-4.4	-3.5	-4.3	-4.1
Factor income	..	-4.2	-4.9	..	..	..	-0.9	-1.1	-1.1	-1.9	-4.3	-3.5
Current transfers	..	2.9	2	..	..	..	1.9	1.6	1.3	1.5	1.4	1.8
Current account balance	..	13	20.5	..	..	..	0.3	7.5	8.9	5.9	1.2	0.3
Figure 1 - Real GDP growth	..	..	..	..	..	..	..	..	..	..	..	..
Real GDP growth (%)	6.9	5.2	5.1	2	3	2.4	2.44	3.29	2.35	2.48	3.16	4
Northern Africa (%)	5.6	4.67	4.88	5.6	5.3	5.22	3.6	4.05	-0.11	9.47	3.89	4.32
Africa (%)	5.69	5.24	6.12	5.9	6.21	6.5	3.07	4.97	3.49	6.56	4.82	5.26
Figure 2 - Stock of total external debt (percentage of GDP) and debt service (percentage of exports of goods and services)	..	..	..	..	..	..	..	..	..	..	..	..

Data extracted on 25 Sep 2023 00:01 UTC (GMT) from OECD.Stat

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African Economic Outlook

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