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Regional Economic Outlook 2019 - East Africa

04-Apr-2019

East Africa comprises 13 countries that are diverse in many aspects (box 1). In 2018, real GDP in the region grew by an estimated 5.7 percent, slightly less than the 5.9 percent in 2017 and the highest among African regions (figure 1). Economic growth is projected to remain strong, at 5.9 percent in 2019 and 6.1 percent in 2020. The regional average masks substantial variation across countries. Estimated GDP growth in 2018 ranged from –3.8 percent (contraction) in South Sudan to 7.2 percent in Rwanda and 7.7 percent in Ethiopia.

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