Chapter

Statistical Appendix

Author(s):
Céline Allard
Published Date:
May 2017
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Unless otherwise noted, data and projections presented in this Regional Economic Outlook are IMF staff estimates as of 31 March, 2017, consistent with the projections underlying the April 2017 World Economic Outlook.

The data and projections cover 45 sub-Saharan African countries in the IMF’s African Department. Data definitions follow established international statistical methodologies to the extent possible. However, in some cases, data limitations limit comparability across countries.

Country Groupings

Country classifications have been changed compared to previous Regional Economic Outlooks.

Countries are aggregated into four (overlapping) groups: oil exporters, middle-income, low-income, and countries in fragile situations (see table on page 71 for the new country groupings).

The membership of these groups reflects the most recent data on per capita gross national income (averaged over three years) and the World Bank, Country Policy and Institutional Assessment (CPIA) score, (averaged over three years).

  • The oil exporters are countries where net oil exports make up 30 percent or more of total exports. Except for Angola, Nigeria, and South Sudan, they belong to the Central African Economic and Monetary Community (CEMAC).

  • The middle-income countries had per capita gross national income in the years 2013–15 of more than US$1,025.00 (World Bank, using the Atlas method).

  • The low-income countries had average per capita gross national income in the years 2013–15 equal to or lower than US$1,025.00 (World Bank, Atlas method).

  • The countries in fragile situations had average CPIA scores of 3.2 or less in the years 2013–15 and/or had the presence of a peace-keeping or peace-building mission within the last three years.

  • The membership of sub-Saharan African countries in the major regional cooperation bodies is shown on page 70: CFA franc zone, comprising the West African Economic and Monetary Union (WAEMU) and CEMAC; the Common Market for Eastern and Southern Africa (COMESA); the East Africa Community (EAC-5); the Economic Community of West African States (ECOWAS); the Southern African Development Community (SADC); and the Southern Africa Customs Union (SACU). EAC-5 aggregates include data for Rwanda and Burundi, which joined the group only in 2007.

Methods of Aggregation

In Tables SA1SA3, SA6SA7, SA13, SA15SA16, and SA22SA23, country group composites are calculated as the arithmetic average of data for individual countries, weighted by GDP valued at purchasing power parity as a share of total group GDP. The source of purchasing power parity weights is the World Economic Outlook (WEO) database.

In Tables SA8SA12, SA17SA21, and SA24SA26, country group composites are calculated as the arithmetic average of data for individual countries, weighted by GDP in U.S. dollars at market exchange rates as a share of total group GDP.

In Tables SA4SA5 and SA14, country group composites are calculated as the geometric average of data for individual countries, weighted by GDP valued at purchasing power parity as a share of total group GDP. The source of purchasing power parity weights is the WEO database.

In Tables SA27SA28, country group composites are calculated as the unweighted arithmetic average of data for individual countries.

Sub-Saharan Africa: Member Countries of Groupings

Middle-incomeCountries in fragileOther resource-Non-resource-
Oil exporterscountriesLow-income countriessituationsintensive countriesintensive countries
AngolaAngolaBeninMalawiBurundiBotswanaBenin
CameroonBotswanaBurkina FasoMaliCentral AfricanBurkina FasoBurundi
ChadCabo VerdeBurundiMozambiqueRepublicCentral AfricanCabo Verde
Congo, Republic ofCameroonCentral AfricanNigerChadRepublicComoros
Equatorial GuineaCongo, Republic ofRepublicRwandaComorosCongo, Dem. Rep. ofCôte d’Ivoire
GabonCôte d’IvoireChadSierra LeoneCongo, Dem. Rep. ofGhanaEritrea
NigeriaEquatorial GuineaComorosSouth SudanCongo, Republic ofGuineaEthiopia
South SudanGabonCongo, Dem. Rep. ofTanzaniaCôte d’IvoireLiberiaGambia, The
GhanaEritreaTogoEritreaMaliGuinea-Bissau
KenyaEthiopiaUgandaGambia, TheNamibiaKenya
LesothoGambia, TheZimbabweGuineaNigerLesotho
MauritiusGuineaGuinea-BissauSierra LeoneMadagascar
NamibiaGuinea-BissauLiberiaSouth AfricaMalawi
NigeriaLiberiaMadagascarTanzaniaMauritius
SeychellesMadagascarMalawiZambiaMozambique
São Tomé & PríncipeMaliZimbabweRwanda
SenegalSão Tomé & PríncipeSão Tomé & Príncipe
South AfricaSierra LeoneSenegal
SwazilandSouth SudanSeychelles
ZambiaTogoSwaziland
ZimbabweTogo
Uganda

Sub-Saharan Africa: Member Countries of Regional Groupings

The West African
Economic and
Monetary Union
(WAEMU)
Economic and
Monetary
Community of
Central African
States (CEMAC)
Common Market
for Eastern and
Southern Africa
(COMESA)
East Africa
Community
(EAC-5)
Southern African
Development
Community
(SADC)
Southern Africa
Customs Union
(SACU)
Economic
Community
of West
African States
(ECOWAS)
BeninCameroonBurundiBurundiAngolaBotswanaBenin
Burkina FasoCentral African RepublicComorosKenyaBotswanaLesothoBurkina Faso
Côte d’IvoireChadCongo, Dem. Rep. ofRwandaCongo, Dem. Rep. ofNamibiaCabo Verde
Guinea-BissauCongo, Republic ofEritreaTanzaniaLesothoSouth AfricaCôte d’Ivoire
MaliEquatorial GuineaEthiopiaUgandaMadagascarSwazilandGambia, The
NigerGabonKenyaMalawiGhana
SenegalMadagascarMauritiusGuinea
TogoMalawiMozambiqueGuinea-Bissau
MauritiusNamibiaLiberia
RwandaSeychellesMali
SeychellesSouth AfricaNiger
SwazilandSwazilandNigeria
UgandaTanzaniaSenegal
ZambiaZambiaSierra Leone
ZimbabweZimbabweTogo

Sub-Saharan Africa: Country Classifications

LICs excluding
countries in fragileCountries in fragile
Oil exportersOil importersMICsLICssituationssituations
AngolaXX
BeninXXX
BotswanaXX
Burkina FasoXXX
BurundiXXX
Cabo VerdeXX
CameroonXX
Central African Rep.XXX
ChadXXX
ComorosXXX
Congo, Dem. Rep. ofXXX
Congo, Rep. ofXXX
Côte d’IvoireXXX
Equatorial GuineaXX
EritreaXXX
EthiopiaXXX
GabonXX
Gambia, TheXXX
GhanaXX
GuineaXXX
Guinea-BissauXXX
KenyaXX
LesothoXX
LiberiaXXX
MadagascarXXX
MalawiXXX
MaliXXX
MauritiusXX
MozambiqueXXX
NamibiaXX
NigerXXX
NigeriaXX
RwandaXXX
São Tomé & PríncipeXXX
SenegalXX
SeychellesXX
Sierra LeoneXXX
South AfricaXX
South SudanXXX
SwazilandXX
TanzaniaXXX
TogoXXX
UgandaXXX
ZambiaXX
ZimbabweXXX

List of Country Abbreviations:

AGOAngolaERIEritreaMDGMadagascarSSDSouth Sudan
BDIBurundiETHEthiopiaMLIMaliSTPSão Tomé & Príncipe
BENBeninGABGabonMOZMozambiqueSWZSwaziland
BFABurkina FasoGHAGhanaMUSMauritiusSYCSeychelles
BWABotswanaGINGuineaMWIMalawiTCDChad
CAFCentral African RepublicGMBGambia, TheNAMNamibiaTGOTogo
CIVCôte d’IvoireGNBGuinea-BissauNERNigerTZATanzania
CMRCameroonGNQEquatorial GuineaNGANigeriaUGAUganda
CODCongo, Dem. Rep. ofKENKenyaRWARwandaZAFSouth Africa
COGCongo, Rep. ofLBRLiberiaSENSenegalZMBZambia
COMComorosLSOLesothoSLESierra LeoneZWEZimbabwe
CPVCabo Verde

List of Tables:

Table SA1.Real GDP Growth(Percent)
2004-082009201020112012201320142015201620172018
Angola17.32.43.43.95.26.84.83.00.01.31.5
Benin4.22.32.13.04.87.26.42.14.05.46.0
Botswana6.0−7.78.66.04.511.34.1−1.72.94.14.2
Burkina Faso5.93.08.46.66.55.74.24.05.46.16.3
Burundi4.43.85.14.04.45.94.5−4.0−1.00.00.1
Cabo Verde7.1−1.31.54.01.10.80.61.14.04.04.1
Cameroon3.11.93.34.14.65.65.95.84.43.74.3
Central African Rep.3.31.73.03.34.1−36.71.04.84.54.75.0
Chad9.84.113.60.18.85.86.91.8−6.40.32.4
Comoros1.31.82.12.23.03.52.01.02.23.34.0
Congo, Dem. Rep. of6.12.97.16.97.18.59.56.92.42.83.5
Congo, Rep. of4.37.88.73.43.83.36.82.6−2.70.68.8
Côte d’Ivoire1.83.32.0−4.210.19.38.88.97.56.97.2
Equatorial Guinea15.21.3−8.96.58.3−4.1−0.5−7.4−10.0−5.0−5.1
Eritrea−2.13.92.28.77.03.15.04.83.73.33.6
Ethiopia111.810.010.611.48.79.910.310.48.07.57.5
Gabon1.3−2.36.37.15.35.54.43.92.31.02.7
Gambia, The3.36.46.5−4.35.64.80.94.32.53.03.5
Ghana6.24.87.914.09.37.34.03.94.05.89.2
Guinea2.9−0.31.93.33.21.51.10.15.24.34.9
Guinea-Bissau3.23.44.68.1−1.73.31.05.15.25.05.0
Kenya4.63.38.46.14.65.75.35.66.05.35.8
Lesotho4.04.56.94.55.33.63.42.52.92.22.4
Liberia7.35.16.17.48.28.70.70.0−1.23.05.3
Madagascar5.8−4.70.31.53.02.33.33.14.14.54.8
Malawi6.18.36.94.91.95.25.72.92.34.55.0
Mali4.24.75.43.2−0.82.37.06.05.45.24.7
Mauritius4.33.04.13.93.23.23.63.53.63.94.0
Mozambique8.16.46.77.17.27.17.46.63.44.55.5
Namibia4.30.36.05.15.15.76.55.30.13.54.8
Niger5.2−0.78.42.211.85.37.03.54.65.25.5
Nigeria7.78.411.34.94.35.46.32.7−1.50.81.9
Rwanda9.06.37.37.88.84.77.68.95.96.16.8
São Tomé & Príncipe5.74.04.54.84.54.34.14.04.05.05.5
Senegal4.52.44.31.94.53.64.36.56.66.87.0
Seychelles4.8−1.15.95.43.75.06.25.74.44.13.4
Sierra Leone5.83.25.36.315.220.74.6−20.64.95.06.6
South Africa4.8−1.53.03.32.22.51.71.30.30.81.6
South Sudan−52.429.32.9−0.2−13.8−3.5−1.1
Swaziland4.24.53.52.03.54.83.61.1−0.40.30.3
Tanzania6.55.46.47.95.17.37.07.06.66.86.9
Togo2.43.54.14.85.96.15.45.35.05.05.3
Uganda8.38.17.76.82.64.05.25.04.75.05.8
Zambia7.79.210.35.67.65.14.72.93.03.54.0
Zimbabwe2−7.57.511.411.910.64.53.81.10.52.0−1.5
Sub-Saharan Africa6.63.97.05.04.35.35.13.41.42.63.5
Median4.83.36.04.84.85.24.63.53.74.14.8
Excluding Nigeria and South Africa6.93.96.06.05.46.55.84.73.74.45.2
Oil-exporting countries8.76.79.24.73.95.75.92.6−1.40.92.0
Excluding Nigeria11.02.33.54.22.76.44.72.4−1.10.92.2
Oil-importing countries5.32.05.35.34.75.04.53.93.43.94.5
Excluding South Africa5.64.46.96.66.26.56.25.45.15.46.0
Middle-income countries6.63.66.94.54.34.74.62.70.51.82.8
Excluding Nigeria and South Africa7.32.85.15.36.15.95.03.93.03.74.8
Low-income countries6.35.27.26.94.57.26.85.64.45.25.6
Excluding low-income countries in fragile situations8.16.77.88.16.47.27.67.36.26.46.7
Countries in fragile situations3.53.35.63.03.37.36.23.92.23.64.6
CFA franc zone4.92.64.02.86.14.55.74.33.13.95.0
CEMAC6.32.33.64.45.92.74.72.1−0.71.13.2
WAEMU3.62.94.41.36.36.16.66.26.16.16.4
COMESA (SSA members)6.25.77.97.15.96.26.66.05.05.15.3
EAC-56.25.27.46.94.65.86.06.05.85.76.1
ECOWAS6.87.09.75.05.15.76.13.10.42.33.4
SACU4.8−1.63.43.42.43.02.01.30.41.11.8
SADC6.20.54.24.33.74.33.62.71.52.22.7
Sources: IMF, African Department database, and IMF, World Economic Outlook database, 31 March, 2017.

Fiscal year data.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA2.Real Non-Oil GDP Growth(Percent)
2004-082009201020112012201320142015201620172018
Angola17.68.17.69.55.510.98.21.6−0.41.31.5
Benin4.22.32.13.04.87.26.42.14.05.46.0
Botswana6.0−7.78.66.04.511.34.1−1.72.94.14.2
Burkina Faso5.93.08.46.66.55.74.24.05.46.16.3
Burundi4.43.85.14.04.45.94.5−4.0−1.00.00.1
Cabo Verde7.1−1.31.54.01.10.80.61.14.04.04.1
Cameroon3.62.94.14.64.65.45.64.94.83.94.4
Central African Rep.3.31.73.03.34.1−36.71.04.84.54.75.0
Chad6.36.317.30.211.58.17.1−2.9−6.00.41.9
Comoros1.31.82.12.23.03.52.01.02.23.34.0
Congo, Dem. Rep. of5.92.87.27.07.28.69.57.02.42.83.5
Congo, Rep. of5.73.96.47.59.78.27.95.3−3.3−0.52.1
Côte d’Ivoire1.82.12.6−4.812.59.09.48.27.16.37.0
Equatorial Guinea34.819.0−10.315.76.71.8−2.0−7.0−2.6−2.9−4.3
Eritrea−2.13.92.28.77.03.15.04.83.73.33.6
Ethiopia111.810.010.611.48.79.910.310.48.07.57.5
Gabon5.0−3.313.110.57.17.75.13.83.31.73.3
Gambia, The3.36.46.5−4.35.64.80.94.32.53.03.5
Ghana6.24.87.68.68.66.74.04.15.04.05.0
Guinea2.9−0.31.93.33.21.51.10.15.24.34.9
Guinea-Bissau3.23.44.68.1−1.73.31.05.15.25.05.0
Kenya4.63.38.46.14.65.75.35.66.05.35.8
Lesotho4.04.56.94.55.33.63.42.52.92.22.4
Liberia7.35.16.17.48.28.70.70.0−1.23.05.3
Madagascar5.8−4.70.31.53.02.33.33.14.14.54.8
Malawi6.18.36.94.91.95.25.72.92.34.55.0
Mali4.24.75.43.2−0.82.37.06.05.45.24.7
Mauritius4.33.04.13.93.23.23.63.53.63.94.0
Mozambique8.16.46.77.17.27.17.46.63.44.55.5
Namibia4.30.36.05.15.15.76.55.30.13.54.8
Niger5.2−0.78.41.34.23.28.14.93.44.85.6
Nigeria10.810.012.45.35.98.37.33.6−0.30.21.1
Rwanda9.06.37.37.88.84.77.68.95.96.16.8
São Tomé & Príncipe5.74.04.54.84.54.34.14.04.05.05.5
Senegal4.52.44.31.94.53.64.36.56.66.87.0
Seychelles4.8−1.15.95.43.75.06.25.74.44.13.4
Sierra Leone5.83.25.36.315.220.74.6−20.64.95.06.6
South Africa4.8−1.53.03.32.22.51.71.30.30.81.6
South Sudan−0.84.1−17.5−1.2−7.0−3.0−2.0
Swaziland4.24.53.52.03.54.83.61.1−0.40.30.3
Tanzania6.55.46.47.95.17.37.07.06.66.86.9
Togo2.43.54.14.85.96.15.45.35.05.05.3
Uganda8.38.17.76.82.64.05.25.04.75.05.8
Zambia7.79.210.35.67.65.14.72.93.03.54.0
Zimbabwe2−7.57.511.411.910.64.53.81.10.52.0−1.5
Sub-Saharan Africa7.84.97.65.55.26.35.43.51.92.43.1
Median5.13.76.15.25.15.14.74.03.64.04.7
Excluding Nigeria and South Africa7.65.06.76.66.26.85.94.53.94.34.8
Oil-exporting countries11.79.210.86.25.98.26.63.0−0.20.51.3
Excluding Nigeria5.17.16.28.56.18.04.91.4−0.21.11.8
Oil-importing countries5.31.95.35.04.74.94.63.93.43.74.3
Excluding South Africa5.64.36.96.06.26.46.25.45.15.25.6
Middle-income countries8.24.87.75.15.06.35.23.01.11.52.3
Excluding Nigeria and South Africa8.74.86.26.56.47.15.73.63.33.54.1
Low-income countries6.25.37.46.85.86.56.25.44.65.25.5
Excluding low-income countries in fragile situations8.16.77.88.16.17.17.67.36.26.46.7
Countries in fragile situations3.33.05.83.37.06.25.23.52.43.54.0
CFA franc zone7.14.34.74.26.85.65.84.03.64.04.6
CEMAC10.86.14.87.67.15.34.61.60.71.42.4
WAEMU3.62.64.61.06.45.96.96.15.85.96.3
COMESA (SSA members)6.25.77.97.15.96.26.66.05.05.15.3
EAC-56.25.27.46.94.65.86.06.05.85.76.1
ECOWAS9.08.210.64.96.27.86.83.81.31.62.5
SACU4.8−1.63.43.42.43.02.01.30.41.11.8
SADC6.31.24.85.03.84.94.02.51.42.22.7

Fiscal year data.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA3.Real Per Capita GDP Growth(Percent)
2004-082009201020112012201320142015201620172018
Angola13.8−0.60.40.92.13.71.80.0−2.9−1.6−1.4
Benin1.0−0.6−0.80.12.04.43.6−0.41.52.93.6
Botswana4.6−8.97.24.83.210.02.9−2.91.72.93.0
Burkina Faso2.80.25.63.33.23.21.11.22.53.23.5
Burundi2.41.42.71.62.03.52.0−6.2−3.4−2.3−2.2
Cabo Verde6.4−1.51.13.3−2.0−0.4−0.6−0.22.82.72.8
Cameroon0.3−0.80.81.62.03.03.33.21.91.11.8
Central African Rep.1.5−0.21.11.32.1−37.9−0.92.82.52.73.0
Chad7.11.610.8−2.36.23.24.3−0.7−8.7−2.4−0.1
Comoros−1.1−1.2−0.9−0.8−0.00.5−1.0−1.9−0.80.31.0
Congo, Dem. Rep. of3.0−0.14.03.84.05.36.33.8−0.6−0.20.4
Congo, Rep. of1.44.85.60.50.91.04.50.4−4.7−1.56.6
Côte d’Ivoire−0.80.6−0.6−6.67.36.56.16.24.84.14.5
Equatorial Guinea11.8−1.5−11.53.65.3−6.8−3.2−9.9−12.4−7.4−7.5
Eritrea−5.20.6−1.15.23.6−0.21.61.40.4−0.00.3
Ethiopia19.28.38.89.67.08.28.68.76.35.85.8
Gabon−1.5−5.92.43.21.41.52.92.40.8−0.41.3
Gambia, The0.03.13.1−7.42.21.4−2.31.0−0.8−0.30.2
Ghana3.62.25.211.26.64.61.41.31.43.16.4
Guinea0.6−2.9−0.70.60.6−1.0−1.4−2.42.71.72.3
Guinea-Bissau1.01.13.85.8−3.81.0−1.22.82.92.72.7
Kenya1.80.56.13.41.52.92.42.83.12.42.9
Lesotho3.74.36.64.35.03.33.22.32.61.92.1
Liberia5.70.81.84.75.55.9−1.9−2.5−3.50.62.9
Madagascar2.8−7.4−2.5−1.40.2−0.60.50.31.31.72.0
Malawi3.55.33.91.9−1.02.32.70.1−0.61.62.1
Mali1.01.42.20.2−3.8−0.73.72.72.11.91.5
Mauritius3.82.83.93.72.93.03.43.43.23.53.6
Mozambique5.03.43.74.14.24.24.53.70.61.72.7
Namibia2.9−1.24.53.53.13.74.53.3−0.72.64.0
Niger1.5−4.15.1−0.98.52.13.80.41.52.02.4
Nigeria4.95.58.32.11.52.63.5−0.1−4.2−1.9−0.8
Rwanda6.84.14.15.75.72.35.16.03.83.54.1
São Tomé & Príncipe3.01.01.51.91.81.71.61.41.52.63.1
Senegal1.7−0.41.3−1.11.50.61.43.53.53.74.0
Seychelles3.7−1.53.08.22.73.14.63.43.73.32.3
Sierra Leone2.41.23.34.313.018.22.4−21.72.93.04.6
South Africa3.4−2.91.61.80.70.90.1−0.3−1.3−0.8−0.1
South Sudan−54.723.4−1.6−4.4−18.0−8.2−5.9
Swaziland3.23.42.40.82.23.62.4−0.1−1.6−1.0−1.0
Tanzania3.62.73.85.32.75.24.94.94.54.74.8
Togo−0.70.71.32.03.13.32.62.52.22.22.5
Uganda4.64.54.23.5−0.80.42.11.91.62.02.7
Zambia4.76.07.12.44.41.91.5−0.2−0.10.40.9
Zimbabwe2−8.36.610.410.85.51.61.2−1.4−2.0−0.5−4.0
Sub-Saharan Africa4.11.54.52.61.82.82.61.0−1.00.21.1
Median2.90.83.22.82.22.92.41.21.51.92.4
Excluding Nigeria and South Africa4.11.33.43.42.63.83.22.11.21.92.7
Oil-exporting countries5.73.86.21.91.02.83.0−0.2−4.0−1.8−0.7
Excluding Nigeria7.9−0.60.61.2−0.23.31.9−0.3−3.7−1.8−0.5
Oil-importing countries3.2−0.13.23.22.42.82.41.81.21.72.3
Excluding South Africa3.01.94.44.13.54.03.72.92.62.93.5
Middle-income countries4.31.24.52.21.92.32.20.3−1.8−0.50.5
Excluding Nigeria and South Africa4.60.22.52.63.33.22.41.40.51.22.3
Low-income countries3.52.64.54.31.84.54.23.01.92.73.0
Excluding low-income countries in fragile situations5.14.15.25.63.84.85.25.04.04.14.4
Countries in fragile situations0.90.72.80.40.34.33.31.0−0.60.81.7
CFA franc zone2.0−0.31.1−0.13.21.73.01.70.51.32.4
CEMAC3.4−0.60.71.63.0−0.02.3−0.1−2.9−1.20.9
WAEMU0.70.11.5−1.63.43.33.73.33.23.33.5
COMESA (SSA members)3.53.25.54.73.23.64.03.52.52.62.8
EAC-53.32.34.74.21.63.13.33.33.23.13.5
ECOWAS3.94.26.82.22.32.93.20.4−2.3−0.40.7
SACU3.5−2.91.92.00.91.50.4−0.3−1.1−0.50.2
SADC4.4−1.32.32.41.72.31.50.6−0.50.20.7

Fiscal year data.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA4.Consumer Prices(Annual average, percent change)
2004-082009201020112012201320142015201620172018
Angola20.913.714.513.510.38.87.310.332.427.017.8
Benin3.90.42.22.76.71.0−1.10.3−0.82.02.1
Botswana9.48.16.98.57.55.94.43.12.83.54.2
Burkina Faso3.80.9−0.62.83.80.5−0.30.90.71.52.0
Burundi11.410.66.59.618.27.94.45.65.512.416.4
Cabo Verde2.91.02.14.52.51.5−0.20.1−1.51.01.5
Cameroon2.73.01.32.92.42.11.92.70.91.01.4
Central African Rep.3.53.51.51.25.96.611.64.54.63.83.7
Chad1.510.1−2.11.97.70.21.76.8−1.10.21.8
Comoros4.04.83.92.25.91.61.32.02.02.02.0
Congo, Dem. Rep. of14.646.123.514.90.90.91.21.022.415.010.0
Congo, Rep. of3.74.30.41.85.04.60.92.73.61.32.1
Côte d’Ivoire3.21.01.44.91.32.60.41.21.01.52.0
Equatorial Guinea4.45.75.34.83.43.24.31.71.41.61.5
Eritrea16.433.011.23.96.06.510.09.09.09.09.0
Ethiopia18.08.58.133.224.18.17.410.17.36.37.5
Gabon0.91.91.41.32.70.54.5−0.12.12.52.5
Gambia, The6.24.65.04.84.65.26.36.87.28.16.2
Ghana13.313.16.77.77.111.715.517.217.512.09.0
Guinea25.04.715.521.415.211.99.78.28.28.47.0
Guinea-Bissau4.2−1.61.15.12.10.8−1.01.51.52.02.2
Kenya8.310.64.314.09.45.76.96.66.36.55.2
Lesotho6.95.93.46.05.55.04.05.07.06.66.2
Liberia9.87.47.38.56.87.69.97.78.811.09.5
Madagascar12.59.09.29.55.75.86.17.46.76.96.4
Malawi11.58.47.47.621.328.323.821.921.712.910.6
Mali3.12.21.33.15.3−0.60.91.4−1.80.21.2
Mauritius7.42.52.96.53.93.53.21.31.03.22.8
Mozambique10.23.312.710.42.14.22.32.419.219.010.6
Namibia5.49.54.95.06.75.65.33.46.76.05.8
Niger4.04.3−2.82.90.52.3−0.91.01.12.02.1
Nigeria11.612.513.710.812.28.58.09.015.717.417.5
Rwanda10.910.32.35.76.34.21.82.55.77.16.0
São Tomé & Príncipe20.817.013.314.310.68.17.05.35.43.23.0
Senegal3.3−2.21.23.41.40.7−1.10.10.91.92.0
Seychelles9.031.8−2.42.67.14.31.44.0−1.02.23.7
Sierra Leone12.59.217.818.513.89.88.39.011.314.78.5
South Africa5.57.14.35.05.65.86.14.66.36.25.5
South Sudan45.1−0.01.752.8379.8143.028.5
Swaziland6.27.44.56.18.95.65.75.08.07.66.2
Tanzania6.612.17.212.716.07.96.15.65.25.15.0
Togo3.63.71.43.62.61.80.21.80.91.51.9
Uganda7.513.03.715.012.74.93.15.45.56.36.0
Zambia13.713.48.58.76.67.07.810.117.99.08.0
Zimbabwe139.96.23.03.53.71.6−0.2−2.4−1.63.06.6
Sub-Saharan Africa8.89.88.19.49.36.66.37.011.410.79.5
Median7.27.34.35.46.04.94.34.55.56.05.5
Excluding Nigeria and South Africa9.29.56.510.69.15.75.36.711.08.86.8
Oil-exporting countries10.911.512.010.011.27.57.18.917.817.315.3
Excluding Nigeria9.18.87.47.68.44.94.68.523.717.29.9
Oil-importing countries7.68.65.48.97.95.95.75.67.16.55.8
Excluding South Africa9.39.76.211.69.36.05.56.27.56.65.9
Middle-income countries8.69.58.58.38.46.96.97.111.611.510.5
Excluding Nigeria and South Africa8.88.36.18.36.46.06.16.711.39.27.0
Low-income countries9.710.86.913.412.35.44.56.710.78.56.6
Excluding low-income countries in fragile situations9.48.95.816.614.46.04.65.96.16.15.9
Countries in fragile situations8.110.56.67.27.34.13.36.214.39.76.1
CFA franc zone3.12.71.13.23.31.71.21.80.81.41.9
CEMAC2.74.61.52.73.82.22.72.71.31.31.8
WAEMU3.40.90.83.62.81.3−0.11.00.41.51.9
COMESA (SSA members)11.513.07.315.511.36.25.96.88.87.46.9
EAC-57.811.65.113.212.36.35.55.75.76.15.5
ECOWAS10.310.411.19.610.37.67.38.212.913.713.4
SACU5.77.24.45.15.85.86.04.56.26.15.5
SADC7.99.86.97.67.16.36.05.510.79.37.4
Sources: IMF, African Department database, and IMF, World Economic Outlook database, 31 March, 2017.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA5.Consumer Prices(End of period, percent change)
2004-082009201020112012201320142015201620172018
Angola17.314.015.311.49.07.77.514.341.920.016.0
Benin4.1−0.54.01.86.8−1.8−0.82.3−2.72.22.0
Botswana9.95.87.49.27.44.13.83.13.03.94.5
Burkina Faso4.1−1.8−0.35.11.70.1−0.11.30.62.02.0
Burundi12.54.64.114.911.89.03.77.19.514.917.7
Cabo Verde3.5−0.43.43.64.10.1−0.4−0.5−1.21.21.8
Cameroon3.10.92.62.72.51.72.61.50.31.51.4
Central African Rep.4.7−1.22.34.35.95.99.74.84.73.63.6
Chad3.34.7−2.210.72.10.93.74.1−4.97.8−2.9
Comoros4.42.26.74.91.03.50.02.02.02.02.0
Congo, Dem. Rep. of17.253.49.88.72.81.11.00.922.917.012.0
Congo, Rep. of4.42.55.41.87.52.10.53.20.80.43.6
Côte d’Ivoire3.9−1.75.12.03.40.40.91.41.21.72.0
Equatorial Guinea4.35.05.44.92.64.92.61.61.61.51.5
Eritrea17.522.214.212.32.99.510.09.09.09.09.0
Ethiopia19.37.114.635.915.07.77.110.06.76.97.5
Gabon1.10.90.72.32.23.31.7−1.24.12.52.5
Gambia, The5.22.75.84.44.95.66.96.77.97.05.4
Ghana13.79.56.98.48.113.517.017.715.410.08.0
Guinea24.67.920.819.012.810.59.07.38.78.16.0
Guinea-Bissau4.9−6.45.73.41.6−0.1−0.12.41.62.02.2
Kenya9.08.05.818.93.27.16.08.06.36.05.0
Lesotho7.23.83.67.25.05.62.95.26.76.56.0
Liberia9.59.76.611.47.78.57.78.012.510.09.1
Madagascar13.68.010.26.95.86.36.07.67.17.16.3
Malawi11.67.66.39.834.623.524.224.919.511.89.5
Mali3.71.71.95.32.40.01.21.0−0.81.01.4
Mauritius7.31.56.14.93.24.10.21.32.32.73.0
Mozambique9.24.216.65.52.23.01.111.124.613.57.0
Namibia6.17.93.17.46.44.94.63.77.36.05.8
Niger5.3−3.11.41.40.71.1−0.62.21.22.22.0
Nigeria10.313.911.810.312.08.08.09.618.617.517.5
Rwanda11.45.70.28.33.93.62.14.57.37.05.0
São Tomé & Príncipe21.916.112.911.910.47.16.44.05.13.03.0
Senegal3.8−4.54.32.71.1−0.1−0.80.42.11.92.0
Seychelles16.1−2.50.45.55.83.40.53.2−0.23.83.4
Sierra Leone12.410.818.416.912.08.59.810.116.79.08.0
South Africa6.46.33.56.25.75.45.35.36.75.95.5
South Sudan25.2−8.89.9109.9479.7119.920.0
Swaziland7.74.54.57.88.34.46.24.99.06.55.9
Tanzania7.112.25.619.812.15.64.86.85.05.05.0
Togo4.90.63.81.52.9−0.41.81.82.32.51.9
Uganda8.410.91.523.64.35.52.18.45.76.95.1
Zambia13.49.97.97.27.37.17.921.17.58.57.5
Zimbabwe1−7.73.24.92.90.3−0.8−2.5−0.95.08.0
Sub-Saharan Africa8.99.27.710.08.26.16.18.212.710.49.3
Median7.34.75.47.05.04.43.74.55.76.05.0
Excluding Nigeria and South Africa9.57.77.211.86.95.25.28.511.78.16.3
Oil-exporting countries9.812.210.99.510.56.97.210.121.216.615.0
Excluding Nigeria8.37.88.37.46.74.05.011.728.414.28.6
Oil-importing countries8.47.15.410.46.55.55.36.77.06.35.7
Excluding South Africa9.97.76.813.37.05.65.27.57.16.55.7
Middle-income countries8.59.17.98.58.16.66.68.013.110.910.4
Excluding Nigeria and South Africa8.76.47.38.55.66.05.98.411.97.66.5
Low-income countries10.69.37.016.08.54.44.48.711.48.76.1
Excluding low-income countries in fragile situations10.17.57.120.69.15.03.97.56.26.15.5
Countries in fragile situations9.08.66.46.86.92.74.08.215.310.05.8
CFA franc zone3.60.42.93.52.91.21.31.50.62.11.7
CEMAC3.22.52.54.13.22.62.41.70.52.41.3
WAEMU4.0−1.63.33.02.70.00.31.30.71.81.9
COMESA (SSA members)12.510.77.617.67.46.45.38.57.97.76.9
EAC-58.49.94.419.66.66.14.57.55.96.05.2
ECOWAS9.610.710.29.110.17.17.48.714.813.713.4
SACU6.56.33.66.35.85.35.25.16.65.85.5
SADC8.49.06.18.26.95.65.47.211.68.37.2
Sources: IMF, African Department database, and IMF, World Economic Outlook database, 31 March, 2017.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA6.Total Investment(Percent of GDP)
2004-082009201020112012201320142015201620172018
Angola12.615.214.412.914.914.715.39.68.47.97.3
Benin20.721.923.124.122.627.828.626.024.629.327.4
Botswana30.037.335.438.738.132.927.932.121.332.331.9
Burkina Faso18.517.918.015.414.918.220.813.313.616.617.7
Burundi14.614.215.114.714.315.415.911.09.07.06.0
Cabo Verde36.736.537.737.240.739.337.341.541.845.146.4
Cameroon16.521.020.320.520.721.622.921.320.119.620.6
Central African Rep.10.113.214.312.215.08.710.213.913.517.517.9
Chad22.530.134.428.431.427.430.426.920.725.420.9
Comoros10.712.415.414.916.820.418.618.420.921.621.6
Congo, Dem. Rep. of11.013.913.710.114.216.817.920.411.411.813.1
Congo, Rep. of22.023.019.824.625.029.440.234.824.217.718.7
Côte d’Ivoire12.811.614.99.717.218.117.117.818.619.520.3
Equatorial Guinea31.868.270.450.453.548.755.974.256.845.742.7
Eritrea15.99.39.310.09.58.77.97.67.47.26.7
Ethiopia122.724.725.532.137.134.138.039.438.535.735.3
Gabon23.229.126.125.329.233.436.134.836.736.736.5
Gambia, The21.119.621.318.927.820.020.919.718.716.916.5
Ghana22.221.425.927.432.028.026.624.824.424.325.7
Guinea17.310.39.413.424.720.49.310.517.117.117.0
Guinea-Bissau6.86.06.65.47.46.77.89.911.412.212.4
Kenya18.919.320.721.721.520.222.521.220.218.219.9
Lesotho
Liberia
Madagascar29.735.623.417.617.615.915.613.115.318.218.2
Malawi19.424.522.812.412.112.712.012.111.313.712.1
Mali22.422.024.019.717.217.817.617.419.020.019.5
Mauritius25.621.323.726.024.825.223.021.221.622.122.6
Mozambique19.915.218.729.859.669.667.753.638.634.170.7
Namibia22.626.524.122.426.725.233.034.227.825.123.4
Niger23.232.149.543.939.540.239.342.639.642.043.0
Nigeria16.519.417.316.214.914.915.815.512.612.512.8
Rwanda18.123.423.023.525.826.525.326.526.125.524.8
São Tomé & Príncipe43.538.955.944.635.628.225.232.325.828.528.0
Senegal26.322.122.125.629.327.825.124.026.927.227.0
Seychelles28.627.336.635.438.138.537.733.930.335.433.5
Sierra Leone10.210.031.141.927.912.713.116.016.117.518.8
South Africa20.220.719.519.720.021.220.820.919.519.219.3
South Sudan5.510.712.820.614.517.27.317.7
Swaziland16.615.214.312.812.112.712.912.212.310.19.7
Tanzania26.325.127.333.228.530.330.127.927.627.827.9
Togo19.222.823.923.523.824.525.727.027.426.424.6
Uganda29.327.126.728.729.727.325.524.525.727.830.0
Zambia33.230.329.933.631.834.034.042.838.438.338.2
Zimbabwe215.123.922.413.513.013.213.817.215.415.3
Sub-Saharan Africa19.621.420.820.521.121.221.821.419.419.320.0
Median20.721.723.022.424.721.622.921.220.720.020.6
Excluding Nigeria and South Africa21.123.023.823.725.825.326.225.423.623.424.5
Oil-exporting countries17.121.219.217.317.217.018.417.414.413.914.0
Excluding Nigeria18.525.624.620.023.022.625.422.719.217.317.2
Oil-importing countries21.221.621.922.924.124.324.424.323.023.124.1
Excluding South Africa22.022.223.525.026.726.226.426.324.925.126.5
Middle-income countries19.021.019.919.419.619.720.219.917.617.417.7
Excluding Nigeria and South Africa20.423.123.523.025.024.125.024.322.021.421.8
Low-income countries22.122.924.224.526.726.727.526.625.525.527.3
Excluding low-income countries in fragile situations24.124.226.030.332.532.933.832.331.030.633.1
Countries in fragile situations17.919.119.915.818.218.019.118.516.916.917.4
CFA franc zone20.426.227.124.026.026.428.127.725.124.824.5
CEMAC22.134.233.028.930.930.634.735.229.226.926.0
WAEMU18.918.721.719.421.322.522.121.221.823.323.4
COMESA (SSA members)22.523.023.024.325.324.525.726.725.524.925.5
EAC-523.323.124.227.125.725.425.824.324.123.824.9
ECOWAS17.419.318.717.817.517.217.617.215.315.616.1
SACU20.521.320.120.420.721.621.321.619.619.819.8
SADC20.621.220.420.921.522.622.421.819.719.820.8
Sources: IMF, African Department database, and IMF, World Economic Outlook database, 31 March, 2017.

Fiscal year data.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA7.Gross National Savings(Percent of GDP)
2004-082009201020112012201320142015201620172018
Angola27.35.223.525.526.921.412.4−0.44.04.14.1
Benin14.013.614.916.815.120.420.017.617.420.220.0
Botswana40.929.932.241.539.641.843.240.036.134.030.8
Burkina Faso8.113.215.813.97.97.012.75.36.08.69.9
Burundi1.59.23.71.0−3.8−4.3−3.4−11.0−8.1−7.1−8.2
Cabo Verde27.221.925.320.928.234.428.237.134.636.638.4
Cameroon15.517.617.517.517.117.718.617.116.416.517.6
Central African Rep.4.64.14.14.610.45.74.64.94.69.88.0
Chad23.021.925.922.623.618.221.514.611.920.714.7
Comoros4.46.215.210.012.212.212.819.211.911.811.4
Congo, Dem. Rep. of7.07.915.68.16.011.512.916.57.08.010.2
Congo, Rep. of19.18.927.721.542.831.128.6−8.0−4.313.030.8
Côte d’Ivoire13.918.316.820.116.016.718.616.816.415.516.8
Equatorial Guinea54.150.041.248.449.649.547.954.946.642.436.7
Eritrea−19.9−9.7−9.31.25.93.64.01.34.04.44.0
Ethiopia119.715.424.533.131.228.130.731.332.025.726.2
Gabon39.533.541.046.346.940.443.429.327.728.430.2
Gambia, The12.67.15.06.719.99.810.14.78.76.06.0
Ghana14.116.017.318.520.316.017.017.117.918.320.8
Guinea11.42.00.1−11.4−1.33.3−8.3−9.74.22.84.8
Guinea-Bissau5.60.7−2.11.1−4.5−0.55.09.414.08.77.8
Kenya16.314.914.812.513.211.412.714.414.612.314.2
Lesotho
Liberia
Madagascar20.414.513.710.810.710.015.311.113.014.514.0
Malawi12.820.526.23.82.84.33.62.7−4.11.23.0
Mali15.615.613.314.715.014.912.910.111.012.013.1
Mauritius20.015.014.313.218.519.017.016.316.313.015.9
Mozambique9.44.48.14.414.926.629.514.2−0.3−0.76.5
Namibia30.425.020.717.121.221.225.420.516.620.918.8
Niger14.17.725.521.524.825.223.824.524.124.024.3
Nigeria30.624.120.818.818.718.616.012.313.113.513.8
Rwanda11.16.66.44.97.310.58.68.77.511.09.6
São Tomé & Príncipe16.214.233.016.913.714.53.319.417.920.021.3
Senegal16.415.417.717.618.517.316.116.619.819.419.3
Seychelles14.812.417.212.417.026.514.715.013.116.314.8
Sierra Leone4.5−1.79.6−16.9−4.0−4.8−7.20.9−1.11.52.7
South Africa16.018.018.017.514.815.315.516.516.215.815.7
South Sudan23.3−5.28.918.97.320.27.47.8
Swaziland15.26.43.27.615.313.711.623.07.19.27.8
Tanzania20.918.321.221.619.314.921.824.121.320.620.9
Togo10.417.217.615.416.311.415.715.917.617.316.3
Uganda26.521.418.718.723.020.317.117.919.820.821.9
Zambia32.136.237.438.337.133.536.239.232.935.135.6
Zimbabwe2−16.816.1−0.1−2.6−5.7−1.05.617.018.118.4
Sub-Saharan Africa22.118.919.919.318.918.217.615.515.615.616.2
Median15.514.717.316.816.015.315.715.914.614.514.8
Excluding Nigeria and South Africa20.315.920.320.420.919.219.617.216.916.717.7
Oil-exporting countries30.022.022.321.321.520.317.511.912.913.513.9
Excluding Nigeria28.416.826.427.428.724.821.610.912.513.314.2
Oil-importing countries16.916.618.217.817.016.617.718.217.517.017.7
Excluding South Africa17.715.718.317.918.417.319.019.218.217.618.6
Middle-income countries23.520.320.519.919.618.917.514.915.115.315.8
Excluding Nigeria and South Africa23.618.222.523.625.022.221.016.916.716.818.0
Low-income countries16.113.117.616.816.215.718.117.617.216.617.3
Excluding low-income countries in fragile situations18.815.619.721.921.920.523.222.721.620.020.9
Countries in fragile situations12.910.915.912.111.411.312.99.29.911.613.3
CFA franc zone20.820.622.223.224.122.323.017.817.218.619.6
CEMAC28.526.428.329.433.029.529.821.319.222.323.7
WAEMU13.615.216.517.315.515.816.914.915.515.816.5
COMESA (SSA members)18.015.319.018.218.617.418.620.119.318.119.1
EAC-519.316.917.216.316.714.116.317.717.216.617.6
ECOWAS25.721.519.617.917.917.615.712.813.814.214.8
SACU17.418.518.418.316.116.717.017.817.016.716.4
SADC18.816.119.718.817.617.117.216.215.215.215.5
Sources: IMF, African Department database, and IMF, World Economic Outlook database, 31 March, 2017.

Fiscal year data.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA8.Overall Fiscal Balance, Including Grants(Percent of GDP)
2004-082009201020112012201320142015201620172018
Angola4.6−7.43.48.74.6−0.3−6.6−3.3−4.1−5.8−3.9
Benin−0.6−3.1−0.4−1.3−0.3−1.9−2.3−7.6−6.1−7.9−4.0
Botswana4.5−13.3−7.5−0.10.85.63.7−4.6−1.9−3.3−3.8
Burkina Faso−0.8−4.7−3.0−1.4−3.1−4.0−2.0−2.3−2.5−3.6−3.3
Burundi−8.2−5.1−3.6−3.5−3.8−1.8−3.6−5.3−6.2−8.3−9.1
Cabo Verde−3.3−5.9−10.7−7.7−10.3−8.9−7.6−4.2−3.2−2.8−1.7
Cameroon8.6−0.0−1.1−2.6−1.6−4.0−4.6−2.7−4.7−3.2−2.6
Central African Rep.0.5−0.6−1.5−2.4−0.0−6.53.0−0.61.70.9−2.3
Chad1.2−9.2−4.22.40.5−2.1−4.2−3.1−1.3−0.00.0
Comoros−1.70.67.01.43.317.8−0.54.4−7.2−6.5−3.8
Congo, Dem. Rep. of−0.00.92.4−1.01.93.15.0−0.1−0.8−1.00.1
Congo, Rep. of14.64.915.716.07.3−1.9−7.7−18.7−17.2−0.32.8
Côte d’Ivoire−1.0−1.4−1.8−4.0−3.1−2.2−2.2−2.9−4.04.5−3.7
Equatorial Guinea16.0−6.5−4.50.8−7.2−5.8−7.2−19.1−16.4−10.6−7.6
Eritrea−17.9−14.7−16.0−16.2−15.3−15.1−14.4−14.2−14.0−13.8−12.6
Ethiopia1−3.4−0.9−1.3−1.6−1.2−1.9−2.6−1.9−2.4−3.1−3.0
Gabon8.56.82.71.76.2−3.16.0−1.2−4.6−2.6−1.6
Gambia, The−3.2−2.7−4.7−4.7−4.4−8.5−5.9−8.7−10.2−8.5−6.4
Ghana−5.2−7.2−10.1−7.4−11.3−12.0−10.9−5.3−8.3−5.0−4.1
Guinea−1.5−7.1−14.0−1.3−3.3−5.3−4.2−9.0−0.4−2.1−1.7
Guinea-Bissau−4.04.11.6−0.8−2.3−1.8−1.5−1.8−3.7−1.1−2.0
Kenya−1.9−4.3−4.4−4.1−5.0−5.7−7.4−8.2−7.3−6.5−5.4
Lesotho7.8−3.4−3.7−9.14.3−2.21.80.6−7.7−2.8−0.4
Liberia−0.5−10.1−5.7−3.1−1.6−4.7−1.8−10.2−5.9−7.1−5.7
Madagascar−2.6−2.5−0.9−2.4−2.6−4.0−2.3−3.3−3.24.4−4.4
Malawi−2.3−3.61.8−4.1−1.8−6.4−4.8−6.4−7.8−5.3−2.8
Mali3.6−3.7−2.6−3.4−1.0−2.4−2.9−1.8−4.0−3.5−3.4
Mauritius−3.9−3.6−3.2−3.2−1.8−3.5−3.2−3.6−3.3−2.6−1.7
Mozambique−2.9−4.9−3.8−4.8−3.9−2.7−10.7−7.4−6.0−6.2−5.7
Namibia2.0−0.1−4.5−6.7−2.3−3.2−5.9−8.1−7.84.8−5.8
Niger7.1−5.3−2.4−1.5−1.1−2.6−8.0−9.1−6.5−7.4−6.0
Nigeria4.7−5.4−4.20.20.1−2.5−2.2−3.5−4.4−5.0−4.2
Rwanda0.60.3−0.7−0.9−2.5−1.3−4.0−2.8−2.4−2.8−1.9
São Tomé & Príncipe30.7−19.3−11.7−12.5−11.21.9−5.3−6.3−2.8−5.4−4.6
Senegal−2.5−4.6−4.9−6.1−5.2−5.5−5.0−4.8−4.2−3.7−3.0
Seychelles−0.74.80.53.42.90.43.71.9−0.01.61.7
Sierra Leone2.2−2.3−5.0−4.5−5.2−2.4−3.6−4.3−4.8−5.1−5.0
South Africa−0.1−5.0−4.7−3.7−4.0−3.9−3.6−3.6−3.5−3.5−3.4
South Sudan4.6−14.8−2.9−7.0−18.4−19.8−0.7−8.4
Swaziland1.3−2.9−9.0−3.83.50.8−1.1−4.6−12.4−8.0−10.1
Tanzania−2.5−4.5−4.8−3.6−4.1−3.9−3.0−3.3−3.84.3−4.6
Togo−1.6−3.9−2.5−6.5−6.4−5.2−6.8−8.9−9.6−5.1−2.6
Uganda−0.8−2.1−5.7−2.7−3.0−3.9−3.3−2.7−3.6−4.3−4.4
Zambia2.1−2.1−2.4−1.8−2.8−6.2−5.8−9.5−6.1−7.5−7.0
Zimbabwe2−3.5−2.10.7−1.2−0.5−1.9−1.5−1.1−10.2−6.9−5.4
Sub-Saharan Africa1.7−4.5−3.4−1.1−1.8−3.1−3.5−4.1−4.5−4.5−3.9
Median−0.7−3.6−3.4−2.6−2.3−2.9−3.6−4.2−4.6−4.4−3.8
Excluding Nigeria and South Africa1.2−3.7−2.0−0.4−1.7−3.2−4.4−4.8−5.0−4.6−3.9
Oil-exporting countries5.5−5.0−2.32.10.6−2.3−3.2−4.2−4.8−5.0−4.0
Excluding Nigeria7.2−4.22.35.71.7−1.9−5.4−5.9−5.8−4.8−3.4
Oil-importing countries−0.6−4.2−4.3−3.6−3.6−3.9−3.8−4.1−4.3−4.2−3.8
Excluding South Africa−1.2−3.5−3.8−3.5−3.3−3.8−3.9−4.5−4.8−4.6−4.0
Middle-income countries2.2−4.9−3.6−1.0−1.6−3.3−3.6−4.2−4.8−4.7−4.0
Excluding Nigeria and South Africa2.8−4.2−1.50.6−1.1−3.7−5.4−5.6−6.0−5.2−4.1
Low-income countries−1.3−3.1−2.6−1.9−2.6−2.5−2.9−3.9−3.8−3.9−3.6
Excluding low-income countries in fragile situations−1.6−2.9−3.3−2.5−2.6−3.0−3.8−3.4−3.4−4.1−3.9
Countries in fragile situations0.4−2.3−0.0−0.0−1.8−1.9−2.3−4.9−4.9−3.6−3.0
CFA franc zone4.8−2.0−0.7−0.3−1.3−3.4−3.4−5.5−5.7−4.1−3.0
CEMAC9.5−0.81.12.50.1−3.7−3.5−7.1−7.2−3.4−2.2
WAEMU−0.1−3.2−2.5−3.6−2.9−3.1−3.4−4.1−4.5−4.6−3.6
COMESA (SSA members)−1.7−2.3−2.4−2.6−2.2−3.1−3.2−4.2−4.6−4.6−4.0
EAC-5−1.9−3.7−4.5−3.4−4.2−4.5−4.9−5.3−5.3−5.3−4.9
ECOWAS3.0−5.1−4.5−1.0−1.2−3.3−2.9−3.8−4.7−4.9−4.1
SACU0.2−5.1−4.8−3.7−3.6−3.5−3.3−3.7−3.7−3.6−3.5
SADC0.2−5.0−3.1−1.6−1.9−2.7−3.7−3.6−3.9−4.2−3.6
Sources: IMF, African Department database, and IMF, World Economic Outlook database, 31 March, 2017.

Fiscal year data.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA9.Overall Fiscal Balance, Excluding Grants(Percent of GDP)
2004-082009201020112012201320142015201620172018
Angola4.4−7.43.48.74.6−0.3−6.6−3.3−4.1−5.8−3.9
Benin−2.7−6.0−1.8−3.7−2.1−2.8−3.2−8.2−6.6−9.3−5.9
Botswana3.8−14.3−7.8−0.60.85.43.4−4.7−2.0−3.5−3.9
Burkina Faso−10.2−10.6−7.5−6.4−8.0−9.5−6.2−5.8−6.3−7.6−7.3
Burundi−24.2−24.0−26.3−25.3−21.9−19.2−17.3−14.9−9.1−11.1−11.8
Cabo Verde−9.0−11.0−17.0−10.6−13.1−11.4−9.4−6.7−7.0−4.6−3.2
Cameroon2.3−0.8−1.7−3.1−2.0−4.3−4.9−2.8−5.1−3.6−2.9
Central African Rep.−5.5−5.9−7.0−4.9−4.9−9.3−7.8−7.8−4.2−7.5−6.6
Chad−0.7−11.8−5.50.8−2.2−4.3−6.1−6.5−5.1−4.5−3.9
Comoros−7.8−9.1−7.8−6.0−6.0−9.7−9.9−10.7−15.5−14.8−11.6
Congo, Dem. Rep. of−1.1−2.0−4.6−2.9−0.31.30.7−3.5−2.8−3.5−1.4
Congo, Rep. of14.24.615.715.57.1−2.3−8.2−19.5−18.1−1.12.0
Côte d’Ivoire−2.0−1.9−2.3−4.3−3.7−3.5−3.9−4.3−5.4−6.0−5.3
Equatorial Guinea16.0−6.5−4.50.8−7.2−5.8−7.2−19.1−16.4−10.6−7.6
Eritrea−24.8−17.3−21.3−19.4−16.5−15.6−14.8−14.6−14.3−14.0−12.9
Ethiopia1−7.5−5.2−4.5−4.8−2.9−3.4−3.7−3.0−3.2−4.0−3.9
Gabon8.56.82.71.76.2−3.16.0−1.2−4.6−2.6−1.6
Gambia, The−4.8−6.9−8.7−9.9−13.3−10.8−9.6−10.5−11.8−10.5−8.3
Ghana−8.6−10.2−12.4−9.5−12.8−12.5−11.7−7.2−9.0−5.7−4.6
Guinea−2.5−7.5−14.4−4.7−6.0−6.8−8.3−10.5−1.9−4.6−1.3
Guinea-Bissau−12.7−11.8−7.9−7.4−4.7−5.2−11.0−8.3−7.4−5.7−7.0
Kenya−2.9−5.0−5.0−4.6−5.5−6.2−7.9−8.6−7.8−7.1−6.0
Lesotho6.3−6.0−10.0−15.9−3.1−6.30.0−2.6−10.2−5.8−3.7
Liberia−0.7−12.6−7.5−4.7−4.1−7.8−8.6−20.3−15.4−13.6−9.1
Madagascar−9.2−4.2−2.8−4.3−3.8−5.3−4.6−4.8−5.2−7.1−5.9
Malawi−12.3−11.1−8.2−7.7−10.6−13.1−8.0−10.0−12.8−8.9−5.8
Mali−6.2−7.8−5.1−6.6−1.2−5.2−5.1−4.5−5.6−5.8−5.5
Mauritius−4.2−5.2−3.9−3.9−2.5−3.9−3.4−3.7−4.6−4.4−2.6
Mozambique−9.7−13.3−12.0−12.3−8.9−7.9−15.0−10.4−7.4−8.2−8.5
Namibia1.9−0.4−4.6−6.8−2.4−3.4−6.0−8.2−7.9−4.9−5.9
Niger−7.6−9.7−7.0−5.2−7.2−10.6−13.5−14.6−11.3−11.9−10.5
Nigeria4.7−5.4−4.20.20.1−2.5−2.2−3.5−4.4−5.0−1.2
Rwanda−9.8−11.1−12.5−12.3−10.2−10.6−11.7−9.1−7.5−7.2−6.3
São Tomé & Príncipe−7.9−34.6−31.4−32.0−29.4−11.0−15.3−17.7−16.3−21.4−20.3
Senegal−4.5−7.6−7.4−8.3−8.0−8.1−8.4−7.7−7.0−6.3−5.8
Seychelles−1.80.8−0.30.9−1.9−4.00.51.1−1.3−1.8−0.5
Sierra Leone−7.5−8.4−10.3−10.1−9.0−5.0−7.8−9.3−7.6−8.1−7.9
South Africa−0.1−5.0−4.7−3.7−4.0−3.9−3.6−3.6−3.5−3.5−3.4
South Sudan1.7−20.9−9.4−13.3−24.8−20.4−2.2−10.9
Swaziland0.8−3.4−9.0−3.83.40.3−2.8−5.3−13.9−9.4−11.4
Tanzania−7.2−8.1−8.2−6.9−7.0−6.3−4.7−4.1−4.7−5.6−5.7
Togo−2.7−5.4−4.5−9.6−8.8−8.6−9.1−11.2−12.5−9.6−6.8
Uganda−6.0−4.5−8.2−4.4−4.9−5.0−4.5−4.1−4.6−6.1−5.7
Zambia−5.7−4.5−3.9−2.4−4.5−7.7−6.6−9.7−6.4−8.4−7.7
Zimbabwe2−3.5−2.60.7−1.2−0.5−1.9−1.5−1.1−10.2−6.9−5.4
Sub-Saharan Africa0.4−5.5−4.3−1.9−2.5−3.8−4.2−4.8−5.1−5.1−4.4
Median−4.4−6.7−7.0−4.7−4.7−5.8−6.6−7.7−7.0−6.1−5.8
Excluding Nigeria and South Africa−1.9−5.9−4.0−2.1−3.3−4.7−5.9−6.2−6.1−5.9−4.9
Oil-exporting countries5.1−5.1−2.32.00.4−2.5−3.3−4.4−4.9−5.1−4.1
Excluding Nigeria5.8−4.62.15.31.2−2.5−6.0−6.5−6.2−5.2−3.7
Oil-importing countries−2.4−5.8−5.7−4.8−4.8−5.0−4.9−5.2−5.2−5.2−4.7
Excluding South Africa−5.0−6.5−6.7−5.9−5.4−5.7−5.8−6.1−6.1−6.1−5.4
Middle-income countries1.7−5.2−3.8−1.2−1.8−3.4−3.8−4.4−5.0−4.9−4.2
Excluding Nigeria and South Africa1.0−5.1−2.30.0−1.7−4.2−5.9−6.2−6.6−5.9−4.7
Low-income countries−6.5−7.2−6.8−5.3−5.6−5.4−5.7−6.3−5.5−5.9−5.3
Excluding low-income countries in fragile situations−7.4−7.5−7.3−6.5−5.7−5.9−6.0−5.1−4.8−5.8−5.5
Countries in fragile situations−2.8−4.9−3.2−2.2−4.1−4.4−5.4−7.7−6.9−5.9−4.8
CFA franc zone1.4−3.8−2.0−1.6−2.6−5.1−5.1−7.2−7.3−6.0−4.8
CEMAC7.0−1.60.62.1−0.5−4.2−4.1−7.9−8.1−4.5−3.0
WAEMU−4.6−6.0−4.7−5.9−5.0−6.0−6.1−6.5−6.7−7.1−6.2
COMESA (SSA members)−5.3−5.2−5.5−4.7−4.1−4.8−5.0−5.7−5.8−6.0−5.1
EAC-5−5.6−6.6−7.5−6.2−6.4−6.5−6.6−6.6−6.3−6.6−6.0
ECOWAS1.8−5.9−5.0−1.6−1.7−3.8−3.4−4.4−5.2−5.5−4.6
SACU0.2−5.2−4.9−3.7−3.7−3.5−3.4−3.8−3.8−3.6−3.6
SADC−0.6−5.7−3.9−2.1−2.5−3.2−4.3−4.1−4.3−4.6−4.0
Sources: IMF, African Department database, and IMF, World Economic Outlook database, 31 March, 2017.

Fiscal year data.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA10.Government Revenue, Excluding Grants(Percent of GDP)
2004-082009201020112012201320142015201620172018
Angola45.534.543.548.845.940.235.327.319.619.819.5
Benin16.617.217.516.417.417.616.316.714.715.416.0
Botswana41.536.132.135.736.237.538.131.531.931.329.6
Burkina Faso13.113.615.315.717.519.017.515.918.318.919.5
Burundi13.913.914.516.915.614.014.412.312.111.210.8
Cabo Verde22.721.921.722.721.622.021.124.323.924.625.0
Cameroon18.216.716.017.517.517.617.817.816.216.717.3
Central African Rep.9.410.811.610.811.55.64.97.18.28.89.4
Chad14.112.318.923.221.718.515.810.59.211.311.3
Comoros14.113.914.316.119.315.514.516.514.416.016.5
Congo, Dem. Rep. of8.610.712.111.814.412.913.312.58.28.49.1
Congo, Rep. of42.229.936.640.942.544.740.228.826.525.326.5
Côte d’Ivoire17.518.017.714.018.618.417.118.818.518.719.2
Equatorial Guinea33.233.426.628.328.024.924.325.315.816.716.9
Eritrea22.313.313.314.214.214.114.113.913.914.014.4
Ethiopia113.911.914.013.413.814.313.814.415.214.514.4
Gabon28.729.425.823.530.231.629.721.217.118.218.4
Gambia, The15.816.214.916.116.416.318.519.718.116.418.7
Ghana13.613.414.417.117.016.317.717.416.418.218.4
Guinea14.116.215.316.920.118.718.217.819.519.619.8
Guinea-Bissau9.49.110.810.19.18.012.613.812.613.313.3
Kenya18.718.119.219.018.719.219.318.819.720.620.8
Lesotho49.352.238.638.450.048.150.348.539.642.943.5
Liberia15.120.625.024.326.025.023.522.020.719.519.9
Madagascar11.79.911.29.79.69.610.110.411.011.211.7
Malawi16.419.421.818.418.321.621.821.020.220.720.8
Mali15.015.115.214.014.414.514.916.420.018.317.7
Mauritius19.421.221.220.720.821.020.521.822.122.222.6
Mozambique12.715.617.919.821.926.227.525.023.323.423.2
Namibia28.530.827.829.831.332.033.934.531.431.930.8
Niger13.714.313.614.215.316.617.518.115.316.116.9
Nigeria21.210.112.417.714.311.010.57.64.85.75.9
Rwanda12.712.412.813.915.516.216.518.418.517.317.4
São Tomé & Príncipe32.117.418.520.216.820.615.116.514.615.515.9
Senegal20.819.019.620.520.520.121.422.223.922.422.0
Seychelles36.532.934.237.236.734.234.133.937.737.537.4
Sierra Leone8.89.19.911.411.310.79.810.110.511.913.3
South Africa27.326.726.727.227.427.628.229.629.429.629.9
South Sudan22.710.815.420.814.629.921.819.4
Swaziland29.629.020.820.630.429.129.527.823.125.824.6
Tanzania10.812.112.012.312.713.113.313.714.915.415.5
Togo16.315.818.016.717.618.118.219.618.920.221.0
Uganda12.210.810.612.811.511.512.113.513.414.514.7
Zambia15.213.314.217.117.016.218.118.617.616.116.9
Zimbabwe26.111.423.326.728.027.726.627.524.723.821.8
Sub-Saharan Africa23.419.120.623.121.920.119.317.716.517.217.0
Median16.116.017.617.517.618.418.118.418.318.218.4
Excluding Nigeria and South Africa21.820.021.923.923.822.721.819.517.818.118.2
Oil-exporting countries25.416.418.924.221.317.916.312.18.910.110.0
Excluding Nigeria34.329.433.936.636.032.829.823.618.418.918.9
Oil-importing countries22.221.021.822.322.322.022.122.421.822.122.1
Excluding South Africa16.616.016.817.318.017.918.118.017.617.817.9
Middle-income countries25.520.521.824.623.321.120.218.316.917.817.4
Excluding Nigeria and South Africa27.724.926.729.429.527.626.322.920.020.420.4
Low-income countries12.412.814.515.515.415.715.815.415.115.215.3
Excluding low-income countries in fragile situations12.712.713.514.114.515.415.315.515.715.715.8
Countries in fragile situations15.915.418.218.819.118.718.316.615.715.816.0
CFA franc zone21.220.020.320.822.221.820.719.017.718.018.4
CEMAC25.423.423.425.326.325.624.019.716.317.017.5
WAEMU16.816.717.015.617.617.817.418.318.818.819.0
COMESA (SSA members)15.014.315.816.316.616.516.716.816.216.316.5
EAC-514.514.314.715.215.115.515.716.117.017.617.8
ECOWAS19.611.613.317.415.012.512.09.98.59.39.4
SACU28.027.327.027.628.028.328.930.029.629.829.9
SADC27.125.526.928.528.627.727.226.124.124.224.1
Sources: IMF, African Department database, and IMF, World Economic Outlook database, 31 March, 2017.

Fiscal year data.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA11.Government Expenditure(Percent of GDP)
2004-082009201020112012201320142015201620172018
Angola41.141.940.040.241.340.541.930.623.725.623.5
Benin19.423.219.220.119.520.419.424.921.324.721.9
Botswana37.650.339.936.335.432.234.736.233.934.833.5
Burkina Faso23.324.222.822.125.528.423.721.724.526.526.8
Burundi38.138.040.842.237.533.231.827.221.222.322.6
Cabo Verde31.732.838.733.334.733.430.530.931.029.228.2
Cameroon15.917.517.720.519.521.922.720.621.320.320.2
Central African Rep.14.916.618.615.716.414.912.714.912.416.316.0
Chad14.824.124.422.423.922.822.017.014.315.815.2
Comoros21.923.022.122.125.325.224.427.329.930.828.1
Congo, Dem. Rep. of9.812.716.614.714.611.612.616.010.911.910.4
Congo, Rep. of28.025.321.025.435.447.048.448.344.626.424.6
Côte d’Ivoire19.519.920.018.222.321.921.023.123.824.724.5
Equatorial Guinea17.339.831.227.535.230.731.544.532.227.324.6
Eritrea47.130.634.633.630.729.728.928.528.228.027.3
Ethiopia121.517.118.518.216.617.817.517.318.418.518.3
Gabon20.222.623.121.723.934.723.822.421.720.820.0
Gambia, The20.623.123.626.029.727.128.130.329.926.927.0
Ghana22.123.626.826.629.828.729.424.625.423.922.9
Guinea16.523.729.721.626.125.526.528.321.424.124.1
Guinea-Bissau22.120.818.717.613.813.223.622.120.119.020.3
Kenya21.623.124.223.624.225.427.227.527.527.726.8
Lesotho43.058.348.654.253.154.450.351.049.848.747.2
Liberia15.833.232.529.030.132.832.142.336.033.129.0
Madagascar20.914.114.014.113.414.914.715.116.218.317.6
Malawi28.630.530.026.128.934.729.831.033.029.626.6
Mali21.222.820.320.615.519.720.020.925.624.123.1
Mauritius23.726.325.124.623.324.923.925.526.726.625.2
Mozambique22.528.929.932.230.834.142.535.430.731.631.7
Namibia26.631.132.436.733.835.439.942.839.436.836.7
Niger21.323.920.619.422.527.231.032.726.528.127.3
Nigeria16.515.516.717.514.213.512.711.19.310.710.2
Rwanda22.523.525.326.225.726.828.327.526.024.523.8
São Tomé & Príncipe40.051.949.952.246.231.530.534.330.937.036.1
Senegal25.326.627.028.828.528.129.829.930.928.727.7
Seychelles38.332.134.636.338.638.233.632.839.039.437.9
Sierra Leone16.417.520.221.520.315.717.619.418.120.021.1
South Africa27.431.731.430.931.431.531.833.233.033.233.2
South Sudan21.031.624.834.139.450.324.130.2
Swaziland28.832.429.824.427.028.832.233.036.935.236.0
Tanzania18.020.220.219.119.819.417.917.819.621.021.2
Togo19.021.222.526.226.426.727.330.831.429.827.8
Uganda18.115.318.817.216.416.516.517.618.020.620.5
Zambia21.017.818.119.521.523.824.728.324.024.524.6
Zimbabwe29.614.022.627.828.529.628.128.635.030.727.2
Sub-Saharan Africa23.024.624.925.024.323.923.522.521.622.421.4
Median21.523.723.924.426.127.128.128.326.526.424.6
Excluding Nigeria and South Africa23.725.926.026.027.127.427.725.723.924.023.1
Oil-exporting countries20.321.521.222.220.820.419.616.413.815.214.1
Excluding Nigeria28.533.931.831.334.835.335.830.124.624.122.6
Oil-importing countries24.626.827.527.027.127.027.127.627.027.326.8
Excluding South Africa21.622.523.523.223.423.723.924.123.724.023.3
Middle-income countries23.825.725.625.825.024.624.022.721.922.721.6
Excluding Nigeria and South Africa26.730.029.029.331.231.832.229.126.626.325.1
Low-income countries18.920.021.320.820.921.121.521.720.721.120.6
Excluding low-income countries in fragile situations20.120.220.820.620.221.221.320.620.521.521.3
Countries in fragile situations18.720.321.521.123.223.123.724.422.621.720.9
CFA franc zone19.823.822.322.424.926.925.826.125.024.023.2
CEMAC18.425.022.923.226.929.828.127.624.421.520.6
WAEMU21.322.721.721.622.623.823.524.925.525.925.2
COMESA (SSA members)20.319.521.320.920.721.321.622.422.022.321.6
EAC-520.220.922.321.421.621.922.322.723.324.223.8
ECOWAS17.817.518.418.916.816.315.414.313.714.914.0
SACU27.932.531.931.331.731.832.333.733.433.533.5
SADC27.731.230.830.631.131.031.430.228.328.828.1
Sources: IMF, African Department database, and IMF, World Economic Outlook database, 31 March, 2017.

Fiscal year data.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA12.Government Debt(Percent of GDP)
2004-082009201020112012201320142015201620172018
Angola27.822.744.333.829.532.940.765.471.961.362.4
Benin24.425.628.729.926.725.330.542.450.355.656.1
Botswana7.717.619.420.318.917.517.315.913.913.311.1
Burkina Faso32.628.529.329.828.329.330.632.532.533.333.6
Burundi134.425.746.942.741.436.135.746.047.257.165.7
Cabo Verde73.865.272.478.891.1102.5115.9127.9133.8134.7133.0
Cameroon30.110.111.513.215.419.026.227.132.833.935.5
Central African Rep.69.621.121.421.823.538.551.148.542.531.927.7
Chad24.831.630.130.628.830.439.242.851.250.448.5
Comoros65.153.650.745.742.618.122.625.226.328.628.1
Congo, Dem. Rep. of105.093.231.926.323.219.116.818.821.524.327.6
Congo, Rep. of119.163.322.432.234.236.745.270.683.073.867.5
Côte d’Ivoire76.664.263.069.245.143.344.847.848.852.152.7
Equatorial Guinea1.94.37.95.97.36.18.714.021.724.527.6
Eritrea158.9144.6143.8133.0127.6128.4126.5127.1125.5127.4127.9
Ethiopia167.837.640.544.036.942.446.354.654.956.957.0
Gabon41.124.420.020.320.429.933.041.462.062.061.8
Gambia, The107.362.669.677.377.083.3105.0110.2116.1114.9112.0
Ghana39.236.146.342.647.957.270.271.572.471.766.8
Guinea117.989.399.678.335.446.546.154.756.051.649.1
Guinea-Bissau197.4159.065.949.852.452.653.346.846.344.543.1
Kenya45.241.144.443.041.744.048.652.454.454.754.4
Lesotho49.732.530.431.735.738.143.249.547.846.945.7
Liberia548.8173.933.429.627.027.533.239.544.853.355.3
Madagascar56.633.731.732.233.033.934.735.542.343.244.0
Malawi62.935.629.630.643.959.355.061.162.159.556.4
Mali29.221.925.324.025.426.427.330.930.531.232.4
Mauritius49.552.352.052.251.553.956.262.362.762.160.5
Mozambique49.741.943.338.040.153.162.488.1115.2106.9103.6
Namibia23.315.516.026.223.724.225.539.942.142.845.3
Niger43.327.724.327.826.926.331.941.345.951.553.2
Nigeria15.58.69.612.612.512.610.612.118.623.324.1
Rwanda45.219.520.019.920.026.729.133.437.641.443.5
São Tomé & Príncipe207.572.479.578.081.071.166.282.292.897.196.1
Senegal32.534.235.540.742.846.954.256.957.457.155.6
Seychelles155.7106.182.282.580.168.872.467.868.664.158.0
Sierra Leone94.148.146.844.836.830.535.042.453.451.753.1
South Africa30.530.134.738.241.044.046.949.850.552.454.0
South Sudan0.08.917.634.865.733.017.921.9
Swaziland14.110.213.714.214.815.314.318.627.533.942.0
Tanzania33.524.427.327.829.230.933.836.939.040.341.2
Togo93.885.848.842.444.756.465.275.679.176.672.4
Uganda39.419.222.423.424.327.230.133.236.940.141.6
Zambia54.420.518.920.824.925.933.357.553.157.761.5
Zimbabwe250.668.363.243.750.154.655.358.975.375.779.2
Sub-Saharan Africa33.426.527.928.728.530.031.637.442.544.644.9
Median49.733.932.732.234.233.939.247.850.352.153.2
Excluding Nigeria and South Africa47.635.235.832.932.035.240.049.752.952.653.2
Oil-exporting countries21.213.016.016.616.217.317.923.630.833.633.9
Excluding Nigeria33.722.130.924.324.027.635.153.259.654.155.3
Oil-importing countries41.135.836.337.838.241.044.148.950.652.152.9
Excluding South Africa53.240.837.937.335.838.842.348.450.752.052.4
Middle-income countries28.423.026.428.127.828.929.935.340.943.343.3
Excluding Nigeria and South Africa39.830.535.833.732.135.541.353.157.055.255.4
Low-income countries59.742.035.831.731.834.738.445.547.949.350.3
Excluding low-income countries in fragile situations43.629.230.932.030.934.838.846.749.450.951.5
Countries in fragile situations82.461.844.737.635.336.439.646.048.249.250.5
CFA franc zone45.032.928.930.127.329.734.640.445.846.947.1
CEMAC38.721.416.718.319.122.428.634.944.644.244.4
WAEMU51.944.341.943.736.437.340.645.146.848.949.1
COMESA (SSA members)59.843.137.135.935.637.840.847.449.752.053.4
EAC-542.129.833.232.833.035.439.043.045.647.247.9
ECOWAS27.518.718.420.619.120.018.921.528.932.832.5
SACU29.429.133.437.039.442.044.647.748.250.151.5
SADC34.231.535.035.436.438.742.149.951.951.953.4
Sources: IMF, African Department database, and IMF, World Economic Outlook database, 31 March, 2017.

Fiscal year data.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA13.Broad Money(Percent of GDP)
2004-082009201020112012201320142015201620172018
Angola21.942.535.337.635.036.541.046.440.635.536.1
Benin30.438.741.942.841.344.649.051.852.954.956.1
Botswana46.752.743.537.735.432.327.327.927.129.129.5
Burkina Faso23.928.029.729.730.532.635.239.041.345.248.4
Burundi22.324.323.922.621.020.119.419.619.919.619.6
Cabo Verde75.177.580.178.582.189.495.6100.3102.0102.8102.9
Cameroon19.422.323.424.222.723.323.824.525.024.924.8
Central African Rep.15.916.117.819.218.328.529.127.526.326.426.4
Chad8.911.011.412.012.413.315.615.916.316.717.0
Comoros25.630.434.134.938.336.938.443.643.643.643.6
Congo, Dem. Rep. of6.610.110.510.611.611.511.812.111.712.312.4
Congo, Rep. of17.123.323.327.233.133.537.746.141.841.338.9
Côte d’Ivoire11.314.115.718.715.314.915.015.815.615.315.8
Equatorial Guinea6.410.512.310.614.816.714.617.016.815.716.3
Eritrea130.2121.6123.2114.7114.1118.3119.9118.6119.7122.1123.4
Ethiopia134.624.827.027.625.327.128.128.529.127.226.1
Gabon17.020.319.520.523.224.824.425.724.025.326.1
Gambia, The39.048.749.955.754.556.658.652.355.055.856.7
Ghana22.828.029.930.430.028.832.532.733.632.831.9
Guinea20.226.938.233.828.930.931.335.033.735.735.8
Guinea-Bissau19.124.629.633.432.238.646.951.152.252.252.2
Kenya35.736.540.140.640.542.143.242.739.740.941.3
Lesotho28.233.834.531.331.234.132.332.631.131.331.7
Liberia19.531.435.542.036.334.834.634.832.131.731.7
Madagascar23.624.524.726.125.725.225.426.227.828.128.3
Malawi15.819.822.125.125.726.024.524.323.624.125.5
Mali25.624.724.524.427.028.227.828.929.031.532.6
Mauritius98.599.5100.498.8100.599.8102.9108.5110.0110.0110.0
Mozambique17.024.224.727.730.633.438.542.140.538.538.3
Namibia39.763.562.464.057.456.253.355.955.355.355.3
Niger15.618.520.320.222.623.327.227.128.929.830.7
Nigeria16.024.320.818.821.319.320.920.923.023.123.3
Rwanda16.617.218.320.019.820.922.424.924.124.124.4
São Tomé & Príncipe33.437.138.738.039.038.338.840.334.734.934.9
Senegal34.736.939.740.039.942.646.048.950.851.351.3
Seychelles84.655.562.160.252.058.968.867.272.972.972.9
Sierra Leone16.722.623.523.121.919.821.723.823.021.321.9
South Africa72.577.775.874.672.970.870.774.172.972.972.9
South Sudan9.519.814.717.638.228.29.29.6
Swaziland19.325.125.324.824.726.225.026.425.726.426.4
Tanzania21.823.325.124.723.822.723.324.323.223.323.5
Togo33.341.345.646.945.346.848.253.656.760.163.5
Uganda18.517.921.719.819.519.620.621.021.221.822.4
Zambia18.017.818.419.119.620.520.925.821.621.421.8
Zimbabwe210.716.924.728.329.828.830.833.439.854.261.3
Sub-Saharan Africa34.939.337.636.436.635.536.337.937.837.537.6
Median21.824.826.127.729.828.830.832.731.131.531.7
Excluding Nigeria and South Africa25.028.929.529.529.329.831.233.332.231.832.1
Oil-exporting countries16.525.822.320.922.921.723.624.925.524.725.0
Excluding Nigeria17.729.426.526.027.228.130.735.532.229.029.3
Oil-importing countries46.648.848.748.146.645.645.847.446.446.346.0
Excluding South Africa27.228.730.530.730.030.431.432.532.232.732.9
Middle-income countries38.043.440.739.739.738.339.040.640.640.340.3
Excluding Nigeria and South Africa26.633.332.933.732.933.535.137.535.534.734.8
Low-income countries22.823.425.524.825.225.626.928.528.628.729.2
Excluding low-income countries in fragile situations24.223.525.725.725.025.827.428.528.528.228.3
Countries in fragile situations18.821.623.223.124.324.024.827.426.927.428.1
CFA franc zone18.521.723.124.124.525.827.029.129.430.230.9
CEMAC14.617.918.719.521.022.323.125.424.824.925.0
WAEMU22.125.327.228.627.829.030.532.333.134.335.3
COMESA (SSA members)29.928.530.730.930.431.231.932.832.332.833.0
EAC-526.326.729.629.228.829.029.930.328.829.429.7
ECOWAS17.925.022.921.723.422.023.724.126.026.326.7
SACU69.675.473.271.870.067.867.370.569.369.469.3
SADC53.358.556.455.754.052.552.855.653.753.153.1
Sources: IMF, African Department database, and IMF, World Economic Outlook database, 31 March, 2017.

Fiscal year data.

In constant 2009 U.S. dollars. The Zimbabwe dollar ceased circulating in early 2009. Data are based on IMF staff estimates of price and exchange rate developments in U.S. dollars. Staff estimates of U.S. dollar values may differ from authorities’ estimates.

Note: “…” denotes data not available.
Table SA14.Broad Money Growth(Percent)
2004-082009201020112012201320142015201620172018
Angola64.621.55.337.14.914.116.211.811.513.119.3
Benin15.66.211.69.19.017.316.77.95.911.510.7
Botswana17.4−1.34.9−3.10.71.3−0.72.09.29.510.8
Burkina Faso6.918.219.113.815.910.611.319.713.518.616.1
Burundi21.119.812.56.611.313.29.84.912.011.018.0
Cabo Verde12.53.55.44.66.311.47.46.35.96.06.0