2016 in Figures - Middle East and Africa

CEIC Gallery/World Trend Database/Hot Topics - 2016 Figures/Part 10 - January 14, 2016 Economic growth in Middle East and Africa is expected to increase from 2.5% in 2015 to 3.9% due to stable oil prices in 2016. Growth in Sub-Saharan region will reach 4.3% after 3.8% in 2015. √ South Africa is expected to slow down its economic growth for the third consecutive year – in 2016 the country’s growth will drop to 1.3% from 1.4% in 2015 and 1.5% in 2014. √ Nigeria and Botswana will improve in 2016 after the slowdown in 2016. Nigeria’s economy is expected to increase by 4.3%, while Botswana’s will grow by 3.2%. √ Saudi Arabia’s economy will slow down from 3.4% in 2015 to 2.2% in 2016. Note: The charts above show highlights of the latest International Monetary Fund's forecasts for 2016. Data series are obtained from CEIC's Global Economic Monitor, Regional and Country Forecast datasets. Discuss this post and many other topics in our LinkedIn Group (you must be a LinkedIn member to participate). Request a Free Trial Subscription. Back to Blog
22nd January 2016 2016 in Figures - Middle East and Africa