Global Economic Prospects - Sub Saharan Africa highlights

Author:
World Bank
Publisher:
World Bank
Publication Date:
12 January 2011
Tags:
Africa, Economy, Business and Finance, International Organizations and Africa

Growth in Sub Saharan Africa rebounded strongly in 2010. GDP in Sub-Saharan Africa is estimated to have expanded by 4.7 percent in 2010, up from the 1.3 percent growth recorded in 2009 and just shy of its pre-crisis average growth of 5%.


However, the slower growth rate in the region’s largest economy South Africa (2.7 percent) dragged overall growth in Sub Saharan Africa for 2010. Indeed, excluding South Africa, growth in Sub-Saharan Africa is estimated at 5.8 percent in 2010, up from 3.8 percent in 2009. Growth in the region was supported by both external and domestic developments.

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