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African Statistical Yearbook 2012

image of African Statistical Yearbook 2012

The Yearbook series is a result of collaborative efforts by major African regional organizations to set up a joint data collection mechanism of socioeconomic data on African countries, as well as the development of a harmonized database. It seeks to promote wider use of country data, reduce costs, significantly improve the availability and quality of the data, and lead to better monitoring of development initiatives on the continent. The data in this issue of the Yearbook are arranged generally for the years 2003-2011, or for the last eight years for which data are available. It is published in a single volume consisting of two parts: a set of summary tables followed by country profiles.

English, French

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Economic statistics

The recovery in the global economy proved sluggish in 2011, dragged down by increasing strains in the eurozone, particularly the sovereign debt crisis in Greece and austerity measures, which curbed consumer demand. Structural fragilities were especially evident in private sector balance sheets, as financial markets were buffeted by a series of shocks (oil and food price volatility, the earthquake and tsunami in Japan, the Arab Spring, etc.). Global activity weakened during the year and became more uneven, with business and investor confidence falling sharply, increasing the downside risks. Against this backdrop, global growth eased to about 3.9 percent in 2011 from 5.3 percent in 2010, according to the recent IMF outlook.

English, French

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