Africa GDP Growth Forecast 2012

World Economic outlook - Africa GDP Growth Forecast 2012 : In the World Economic Outlook October 2009, the International Monetary Fund projected the GDP annual percentage growth for most African countries. In 2010, the fastest growing African economies are projected to be Republic of Congo (12.2%), Angola (9.3%), and Ethiopia (7%). In 2011, the fastest growing African economies are projected to be Ghana (22.5%), Liberia (9.2%), and Botswana (8.5%). Angola (8.4%) follows closely behind Botswana in 2011. In 2012, there are several double-digit growth projections – Botswana (13.8%), Liberia (12.8%), Mauritania (13.1%), Niger (12.9%).


To get further information and explanation for growth patterns, check with the appropriate government department for each country. Typically, the department of trade or an embassy can provide assistance.

The following table lists the projections for each African country covered by the World Economic Outlook.

Country	2009 GDP%	2010 GDP%	2011 GDP%	2012 GDP%
Algeria	2.1	3.7	3.9	4.2
Angola	0.2	9.3	8.4	5.4
Benin	3.8	3.0	5.7	6.0
Botswana	-10.3	4.1	8.5	13.8
Burkina Faso	3.5	4.1	5.3	6.0
Burundi	3.2	3.6	4.2	4.8
Cameroon	1.6	2.7	4.0	4.2
Cape Verde	3.5	4.0	6.6	6.6
Central African Republic	2.4	3.1	4.0	5.0
Chad	1.6	4.7	3.3	3.4
Comoros	1.0	1.5	2.5	3.5
Congo, Democratic Republic of	2.7	5.4	7.2	6.9
Congo, Republic of	7.4	12.2	7.0	1.8
Côte d’Ivoire	3.7	4.0	4.5	5.1
Djibouti	5.1	5.4	5.8	6.3
Equatorial Guinea	-5.4	-2.8	3.8	2.5
Eritrea	0.3	1.4	2.0	2.5
Ethiopia	7.5	7.0	8.0	7.5
Gabon	-1.0	2.6	4.7	3.6
Gambia, The	3.6	4.3	4.6	4.9
Ghana	4.5	5.0	22.5	7.1
Guinea	0.0	2.7	3.6	4.0
Guinea-Bissau	1.9	2.5	3.0	3.5
Kenya	2.5	4.0	5.0	6.3
Lesotho	-1.0	3.1	4.8	4.8
Liberia	4.9	6.3	9.2	12.8
Madagascar	-0.4	0.9	2.9	5.2
Malawi	5.9	4.6	3.2	3.2
Mali	4.1	4.5	4.8	5.0
Mauritania	2.3	4.7	5.7	13.1
Mauritius	2.1	2.0	4.7	4.2
Morocco	5.0	3.2	4.5	5.0
Mozambique	4.3	5.2	6.0	6.2
Namibia	-0.7	1.7	2.2	2.7
Niger	1.0	5.2	4.5	12.9
Nigeria	2.9	5.0	5.2	5.9
Rwanda	5.3	5.2	6.0	6.0
São Tomé and Príncipe	4.0	4.5	5.0	6.0
Senegal	1.5	3.4	4.4	4.8
Seychelles	-8.7	4.0	5.1	5.0
Sierra Leone	4.0	4.0	5.5	6.0
South Africa	-2.2	1.7	3.8	4.3
Sudan	4.0	5.5	4.8	4.3
Swaziland	0.4	2.6	3.1	2.6
Tanzania	5.0	5.6	6.7	7.5
Togo	2.4	2.6	4.0	4.0
Tunisia	3.0	4.0	5.0	5.6
Uganda	7.0	6.0	6.8	7.0
Zambia	4.5	5.0	5.5	6.0
Zimbabwe	3.7	6.0	6.0	6.0

Note: The IMF recently raised the global growth rate to 4%, so expect higher projected growth rates for some African countries come the release of the World Economic Outlook in April 2010.

Souece : http://www.afribiz.info/content/economic-growth-forecast-for-african-countries-to-2012

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