Southern Africa Economic Outlook 2019
The Southern Africa economy is projected to grow slower than others in the continent—at 2.2 percent in 2019 and 2.8 percent in 2020. At the heart of this slow growth are the major headwinds of high inflation, increasing government debts, and tepid growth in South Africa, which contributes about two-thirds of the region’s GDP. The second largest regional economy, Angola, is expected to grow at 1.2 percent in 2019 and 3.2 percent in 2020, while Mozambique will grow at 4.5 percent in 2019 and 5.0 percent in 2020.
