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


Executive summary

OECD Development Centre

Africa’s GDP grew at 6.6% in 2012 from 3.5% in 2011. This acceleration was partly due to considerable rebound in Libya’s GDP which in 2012 grew by 96%, after a sharp contraction of 60% in 2011 following the revolution. Netting out the Libyan effect, growth in Africa’s real GDP was recorded at 4.2%. Thus, Libya’s economic recovery added more than 2 percentage points to Africa’s growth in 2012.

English Also available in: Portuguese, French

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