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Major economies in the Middle East and Africa experienced an economic slowdown with GDP growth rate declining for Saudi Arabia, United Arab Emirates (UAE), Nigeria, Qatar, Israel, and Iran in the second quarter of 2019. The area is affected by volatile oil prices, and in Q2 especially, there was a decline in oil prices and production cuts by OPEC. ...

28 Oct 2021  |  Africa  |  Frost Radar

Frost Radar™ for Economic Development: Africa, 2021

South Africa, Egypt, and Nigeria Emerge as the African Leaders

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Key Issues Addressed

The Frost Radar™ for Economic Development determines a region's future growth and development potential measured by its ability to enhance quality of life (QOL) for its citizens. This report explores Africa’s key strengths and weaknesses through country-level assessments of growth and innovation initiatives and then benchmarks each country on these...

The macroeconomic outlook for South Asia is expected to be relatively strong in 2019 on account of infrastructural development and investments. Nevertheless, the outlook doesn’t look great in terms of even higher growth as a result of a trade war between two economic giants, the United States and China, affecting the region. The growth pattern is d...

Spared of widespread coronavirus outbreaks, the Kenyan economy reported a small economic contraction in 2020 as robust growth across agriculture, financial services, real estate, and construction largely offset the sharp decline in hospitality, tourism, and transport services. The economy registered an impressive rebound in 2021, led by the broad-b...