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African Economic Outlook 2020 - Supplement

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African Economic Outlook 2020 - Supplement

African Economic Outlook 2020 - Supplement

10th July 2020

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Real GDP in Africa is projected to contract by 1.7 percent in 2020, dropping by 5.6 percentage points from the January 2020 pre-COVID–19 projection, if the virus has a substantial impact but of short duration. If it continues beyond the first half of 2020, there would be a deeper GDP contraction in 2020 of 3.4 percent, down by 7.3 percentage points from the growth projected before the outbreak of COVID–19.

Report by AfDB

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