FocusEconomics Sub-Saharan Africa

Sub-Saharan Africa Economic Outlook

Regional economy set to shrink severely this year

Regional GDP is set to shrink severely this year as Covid-19 induced lockdowns batter household and capital spending, while muted oil prices and disrupted supply chains hammer exports. Moreover, weak fiscal metrics and debt vulnerabilities pose further risks. Our panel of leading economic forecasters see regional GDP contracting 3.1% in 2020. In 2021, the regional economy is seen rebounding as the global economy recovers from the pandemic. 

For more on the economic outlook for Sub-Saharan Africa and its key economies, download a sample of our monthly Consensus Forecast report.

“ [The report] creates a visual impression that Africa is interest-worthy more than an uneducated reader would suspect. You are doing a great service for the continent presenting information in an attractive and comprehensive way. I think it’s good that you are a neutral observer and reporting third party sources. You don’t have skin in the game. ”
Deputy Division Chief, Regional Studies
IMF, Africa

Get the full report

Fill in the short form below to receive a sample of our latest Consensus Forecast report for Sub-Saharan Africa economies.

Regional GDP is set to shrink severely this year as Covid-19 induced lockdowns batter household and capital spending, while muted oil prices and disrupted supply chains hammer exports. Moreover, weak fiscal metrics and debt vulnerabilities pose further risks. Our panel of leading economic forecasters see regional GDP contracting 3.1% in 2020. In 2021, the regional economy is seen rebounding as the global economy recovers from the pandemic. 

For more on the economic outlook for Sub-Saharan Africa and its key economies, download a sample of our monthly Consensus Forecast report.

Download the full report

Fill in the short form below to receive a sample of our latest Consensus Forecast report for Sub-Saharan Africa economies.

“ [The report] creates a visual impression that Africa is interest-worthy more than an uneducated reader would suspect. You are doing a great service for the continent presenting information in an attractive and comprehensive way. I think it’s good that you are a neutral observer and reporting third party sources. You don’t have skin in the game. ”
Deputy Division Chief, Regional Studies
International Monetary Fund, Africa

FocusEconomics is a leading provider of consensus forecasts for 132 countries and 34 key commodities. Since 1999, we have been supporting the world's leading companies and organizations with timely and reliable multi-source economic intelligence.

FocusEconomics is a leading provider of consensus forecasts for 132 countries and 34 key commodities. Since 1999, we have been supporting the world’s leading companies and organizations with timely and reliable multi-source economic intelligence.

Economic forecasts from the World's Leading Economists

Economic forecasts from the World's Leading Economists