Impact of COVID-19 on projected GDP growth in North Africa 2019-2022

Published by Mariam Saleh, Mar 29, 2021
The coronavirus (COVID-19) impacted the economy in North Africa. A study conducted in December 2020 showed that the growth of the North African real gross domestic product (GDP) was estimated at minus 1.1 percent in 2020. This was in contrast with previous projections made by the same source in July 2020, which expected a contraction by 2.3 percent in 2020. Nevertheless, the slowdown remained significant, although other regions on the continent experienced significantly sharper declines. Moreover, the regional economy was projected to recover considerably in 2021 and 2022, with a growth of four percent and six percent, respectively.

Impact of the coronavirus (COVID-19) on projected real GDP growth in North Africa from 2019 to 2022

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Source

Release date

March 2021

Region

Africa

Survey time period

December 2020

Supplementary notes

Data for 2020 are estimates.
Data for 2021 and 2022 are projections

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