Back Matter

APPENDIX I.

Sub-Saharan Africa Data

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Note on sources and classification of the data

Fiscal data have been taken mainly from Recent Economic Development (REDs) reports; (e.g., tables that depict general government revenue, central government revenue, and budgetary revenue). For calculation purposes, GDP is obtained from the same source. In cases where data are missing, figures are provided from unpublished Fund sources.

For most of the sub-Saharan African countries, Recent Economic Development (REDs) reports provide central government revenue. However, for Angola, Ethiopia, Mozambique, Niger, Nigeria, Rwanda, Seychelles, and Togo, REDs provide general government revenue. For a few countries, the fiscal data have been reclassified.20

Import and export data have been taken mainly from the International Financial Statistics (IFS). In some cases, unpublished estimated data have been used when this information was not available. Data on agriculture, mining, and manufacturing were obtained from the World Bank Database. This information has been supplemented with data from REDs.

The definition of the fiscal year and observation year varies, depending on the country. If the fiscal year is the calendar year, the observation year is the same as the calendar year. If the fiscal year runs from April 1 to March 31, then the observation year is the year corresponding to April to December of the fiscal year. That is, observation year 1990 is fiscal year April 1990 to March 1991. If the fiscal year runs from July 1 to June 30, then the observation year is the calendar year corresponding to July to December of the fiscal year. That is, observation year 1990 is fiscal year July 1990 to June 1991. These are the only three definitions of fiscal years in the sample. We experimented with different matches of calendar and fiscal year and found the results robust to the choice of matching. For instance, we constructed fiscal years that corresponded to the calendar year by averaging pieces of two fiscal years. We also matched fiscal years ending in the calendar year rather than beginning in the calendar year as described above.

Table 8.

Sub—Saharan African Countries: Selected Economic Indicators, 1990–95 1/

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Sources: IMF, International Financial Statistics, country documents; World Economic Outlook; World Bank database; The World Bank Atlas 1994; and UNESCO statistical yearbook 1994.

Excluding Liberia and Somalia.

Federally collected for total revenue.

Tax revenue data include petroleum profit tax, inland revenue, custom and excise and VAT; and excludes royalty and direct profit income from petroleum production.

Note: 1 = Countries with Fund—supported program in place in July 1996.

0 = Countries with no Fund—supported program in place in July 1996.1 = CFA franc zone countries.0 = Non — CFA franc zone countries.