African Economic Outlook 2013

Structural Transformation and Natural Resources

image of African Economic Outlook 2013

The African Economic Outlook is the only annual report that monitors in detail the economic performance of 53 individual countries on the continent, using a strictly comparable analytical framework.

The focus of the 2013 edition if structural transformation and natural resources in Africa. This edition draws lessons from Africa and elsewhere on how to accelerate structural change and amplify the positive force of natural resources. The report also features and overview of Africa's performance and prospects, country notes and a rich statistical annex.

English Also available in: Portuguese, French



OECD Development Centre

Botswana’s economy grew by 8% in 2011, continuing the recovery that had begun in 2010 after the global economic downturn of 2009 and had been aided by improved global demand for diamonds, the country’s major export commodity. Estimates for 2012, however, indicate that the recovery has been difficult to sustain, with the growth rate declining to 5.8%. Deceleration in real gross domestic product (GDP) was due mainly to the mining sector, which declined by 8.0% while the non-mining sectors grew by 9.7%. Projections in the medium term indicate moderate economic growth of around 6% per annum through to 2014, predicated on gloomy global prospects and the associated slow recovery of the mining sector.

English Also available in: French

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