Macroeconomics UEMOA

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A highly heterogeneous zone

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Boosted by historic GDP growth of 4%, the West African Economic and Monetary Union (UEMOA) offers excellent investment prospects. The zone's countries have performed well economically over the past decade, and have shown their resilience despite the Covid-19 pandemic and the Russian-Ukrainian crisis, which have led to increased budgetary pressure and inflation in imported commodities. Significant efforts are still required to combat high levels of poverty, a fragile security situation and the challenges of climate change.
The economy of the WAEMU zone is highly heterogeneous in terms of the profile of its member countries. The zone's nominal GDP stands at 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 predominantly tertiary sector. The eight countries of the UEMOA zone depend on imported goods and services for their consumption and equipment needs. The zone has a low level of industrialization, and its trade balance has been in deficit since 2012.

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

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TABLE OF CONTENTS

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• Macroeconomic indicators
• Demographic indicators
• Economic infrastructure
• State economic situation
• Production sector

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+ 150 pages

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