Africa Economics

Africa Chart Book
27 February, 2013

South Africa struggling to match its regional peers

South African Q4 GDP surprised on the upside but, 2009 aside, sub-Saharan Africa’s (SSA’s) largest economy still grew at its slowest pace for over a decade over the course of last year as a whole. Meanwhile, recent data for Kenya and Ghana suggest that these two economies have weakened over the past few months too. Nonetheless, South Africa aside, growth across the region continues to be solid, with domestic demand being supported by robust private consumption and increasing inward foreign direct investment. Accordingly, while South Africa struggles, the rest of SSA is likely to perform well over the coming years – supporting our view that the region will experience a “twospeed” pace of growth....

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article

Log in



Follow @CapeconEmerging

New Book

The Trouble with Europe

by Roger Bootle

"Right on every count"
The Guardian

Buy now on Amazon

Get the App

The Capital Economics app is a new way for clients to keep up to date with our latest research.