Central African Economic Outlook 2023: Central Africa achieved the Best Economic Performance in terms of Growth, Inflation and Budget Deficit compared with other African Regions In 2022.

August 8, 2023 AELEX Admin 0 Comments

Central Africa achieved real GDP growth of 5.0 percent in 2022, compared with 3.4 percent in 2021. The rebound in economic activity was driven by favourable prices for raw materials, in a region that is home to net exporters of crude oil, minerals and other commodities. The region’s growth rate was higher than the African average, which is estimated at 3.8 percent in 2022, down from 4.8 percent in 2021. It is set to settle at 4.9 percent in 2023 and 4.6 percent in 2024.Read More

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