Economic Report on Africa 1997
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1997-02Author(s)/Corporate Author (s)
United Nations. Economic Commission for Africa.;United Nations. Economic and Social Council;
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The economic growth in the African region indicate that the gross domestic product (GDP) for the region as whole recorded an increase of 3.96 per cent in 19961, against the revised figure of 2.74 per cent in 1995. It is important to note, however, that this positive economic growth in Africa as whole, although it varied across regions and countries, is departure from negative rates in the 1980s and the first half of the 1990s. For the first time in this decade, GDP growth rate is above the population growth rate of about 2.8 per cent, here hence resulting in 1.4 per cent per capita GDP growth rate in the region. Although this growth is broadly based, some countries succeeded in achieving the UN-NADAF growth target of over per cent, while in others the performance continue to deteriorate, particularly those faced with political unrest and armed conflict. The forecast for 1997, however, is now that regional output would grow by 4.2 per cent slightly higher than in 1996.
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“United Nations. Economic Commission for Africa.; United Nations. Economic and Social Council (1997-02). Economic Report on Africa 1997. Addis Ababa :. © UN. ECA,. https://hdl.handle.net/10855/21731”Collections
- Economic Development [8070]
- Social Development [6585]
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