Economy, Finance and Trade

Cameroon will experience strong growth in 2019, Growth will be driven by consumer spending, stimulated by low inflation and increased agricultural output, whilst the external sector will benefit from greater oil and gas exports as new projects come ...

Gambia’s economy is growing at a healthy pace. A recovery in private consumption and a rebound in agriculture are the main drivers. An improved and cheaper supply of electricity benefits the economy. Economic growth is expected to gradually moderate ...

Mali will see another year of strong growth in 2019. The economy is supported by robust public capital spending and a strong performance in agriculture. Driven by remittances, private consumption is also buoyant. Security challenges and tighter ...

Namibia’s economy will grow modestly in 2019 after several years of feeble gains. Private consumption will be the main driver. An increase in mining output provides additional support as several new mines come on stream. Both construction and ...

The economy will grow moderately in 2019. Oil prices have grown from $45 per barrel in June 2018 to more than $64 in April 2019. The strong financial sector should also help the country to withstand downside risks, such as tighter global conditions ...

The economy will lose some momentum in 2019. Weaker external demand will limit export growth, and domestic demand in the form of housing investment and household consumption, will further dampen economic growth in 2019. The labour force will expand ...

The economy will again experience moderate growth in 2019. Growth will be driven by investment, which is recovering after a downturn. Meanwhile, exports and private final consumption will provide moderate support. Medium term risks are tilted to the ...

The economy will slow in 2019 but still grow at a healthy pace. The composition of growth has shifted from domestic demand towards exports – driven almost exclusively by Chinese demand for natural gas - due to reduced imports and lower government ...

South Africa’s economy will improve in 2019. The automotive sector is leading growth in exports. Private consumption will provide moderate support domestically. The prospect of land expropriation without compensation has unnerved investors worried ...

The Sudanese economy will improve in 2017. The economy is supported by steady growth of consumer spending and gains in the agricultural and mining sectors. The recent revocation of US sanctions should amplify the benefits derived from ambitious ...

Tourism, retail sales, and finance are the mainstays of Andorra's economy. Economic success, however, depends mainly on the country’s larger neighbours. The pace of growth has slowed in recent years but a recovery is expected in 2018. Andorra has ...

Growth of real GDP was feeble or even negative at times in 2014-2016. However, a rebound began in 2017 and growth of 3.9% is expected in 2018. Modest gains in consumer spending and an increase in investment (mainly for infrastructure and urban ...

Bulgaria’s economy is growing at a steady pace. Domestic demand will continue to support growth as the expected intensified absorption of EU funds will boost investment. Exports –which represent more than half of GDP – provide additional support. ...

Eastern Europe will experience moderate economic growth in 2018. The region’s integration into the world economy promises long-term benefits but also created problems during the downturn. Most economies will see a general shift toward services and ...

In terms of GDP per head, Gibraltar is a very rich country. Its success derives from its relationship with the UK and the EU. Gibraltar’s economy is built around financial services, e-commerce and online gaming but all this depends on the single ...

The economy will improve in 2017. Large public investments in housing and infrastructure and strong gains in private consumption are the main drivers. Additional support comes from tourism and tourist-related investments. A programme of fiscal ...

Rwanda’s economy continues to grow at a strong pace. Domestic demand and a recovery in agriculture and services are the main drivers. The economy should grow by more than 7% per year in the medium term. Much of the support will come from public ...

Slovakia’s economy is experiencing healthy growth. Exports represent more than 80% of GDP and will see double-digit growth in 2018. Steady gains in private consumption and further inflows of EU funds also propel the economy. Investment activity will ...

Spain’s post-crisis expansion will slow in 2018. Gains in consumer spending will drive growth, funded by increased government spending measures. Consumer spending should also benefit from higher-than-expected real wage growth and an increase in ...

Canada’s economy will slow, but still grow at a moderate pace in 2018. Growth will be export-led, Business investment has picked up, supported by high levels of capacity utilisation outside the energy sector, However, the housing market will cool as ...