After growth on the continent has settled at 3.7% in 2022, African countries will register a slight acceleration of GDP in the next two years, and a drop in inflation, which, however, will remain in double digits in 2023 (14 .4%) and will remain at 9.6% in 2024.
Among the various African regions, those that will register the highest inflation this year are North Africa (16%), West Africa (15.1%), Southern Africa (14.6%). Even with double-digit inflation, East Africa rises, with 11%, and, with the lowest percentage, the Central African region, with 3.6% inflation in 2023.
These projections are part of the UN's main economic report, the `World Economic Situation and Prospects Report 2023`, which also points out that the highest GDP growth this year will be registered in East Africa (5.1%), followed by North Africa. (4.8%), West Africa (3.8%), Central Africa (3.4%) and, finally, Southern Africa (2.3%).
In a more general scenario, global inflation is expected to remain high in 2023, at 6.5%, and world production will slow down compared to 2022, settling at 1.9%, announced the UN, urging governments to avoid austerity. According to the report, a series of serious shocks were reinforced in 2022 - such as the covid-19 pandemic, the war in Ukraine and the consequent food and energy crises, rising inflation, debt tightening, as well as the climate emergency -, and that will continue to have an impact on the world economy in 2023.
