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African Economic Outlook 2017

Entrepreneurship and Industrialisation

image of African Economic Outlook 2017

The African Economic Outlook 2017 presents the continent’s current state of affairs and forecasts its situation for the coming two years. This annual report examines Africa’s performance in crucial areas: macroeconomics, external financial flows and tax revenues, trade policies and regional integration, human development, and governance. For its 16th edition, the report  takes a hard look at the role of entrepreneurs in Africa’s industrialisation process. It proposes practical steps that African governments can take to carry out effective industrialisation strategies. Policies aimed at improving skills, business clusters and financing could remove important constraints on African private enterprises.

A section of country notes summarises recent economic growth, forecasts gross domestic product for 2017 and 2018, and highlights the main policy issues facing each of the 54 African countries. A statistical annex (available only on line) compares country-specific economic, social and political variables.

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Statistical Annex

OECD Development Centre

The African Economic Outlook includes a set of statistical tables of indicators related to economic and social development in Africa. The African Development Bank compiled Tables 1-19 and 21 and the OECD Development Centre Tables 20 and 22-26 for the purposes of informing the analyses contained within this volume. What follows is a complete list of indicators contained in each table, as well as some definitions of concepts and explanations of methodologies used to create these data. The aggregate figures for Africa, when reported, do not include countries whose data are unavailable. Figures are reported on a calendaryear basis, except in Table 4 and except for the macroeconomic indicators for Egypt and Eritrea in Tables 1-6 that are reported for years starting in July and ending in June.

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