Macroeconomics UEMOA

Between economic growth and socio-political upheavals, the UEMOA area presents a strong economic heterogeneity. This report compares the main macroeconomic and socio-demographic aggregates between countries in the zone.

TOPICS:

Demographics

Growth

GDP

Job

Government

COUNTRY:

UEMOA

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A strong heterogeneity of the zone

Driven by a historic growth of 4% in GDP, the West African Economic Monetary Union (UEMOA) offers great investment prospects. The countries in the zone have performed well over the last decade and have shown their resilience despite the Covid-19 pandemic and the Russian-Ukrainian crisis, which have generated increased fiscal pressure and inflation in imported foodstuffs. Significant efforts still need to be made to combat a high level of poverty, a fragile security situation and the challenges associated with climate change.
The economy of the UEMOA zone is highly heterogeneous in the profile of its member countries. The nominal GDP of the zone is 112 K billion FCFA, ranging from 1.1 K billion FCFA for Guinea-Bissau to 44 K billion FCFA for Côte d'Ivoire, with a predominant tertiary sector. The eight countries in the UEMOA zone depend on imported goods and services for their consumption and equipment needs. The area is weakly industrialized and has had a trade deficit since 2012.


The objective of this report is to present an overview of the UEMOA zone with the disparities between its various countries through the evolution of macroeconomic indicators, the study of demographic changes, the review of the economic situation of states, and the analysis of the productive sector.

TABLE OF CONTENTS

  • Macroeconomic indicators
  • Demographic indicators
  • Economic infrastructures
  • Economic situation of states
  • Productive sector

+ 150 pages

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