A strong mid-year performance helped lift South Africa’s economy out of recession and back into positive territory in 2017. However, factors such as high unemployment and an expanding deficit could rein in growth in 2018.
A strong mid-year performance helped lift South Africa’s economy out of recession and back into positive territory in 2017. However, factors such as high unemployment and an expanding deficit could rein in growth in 2018.
Continuing lower returns from the energy industry and slowing activity in the private sector saw Trinidad and Tobago’s economy shrink in 2017; however, an increase in gas output and widespread reform of the tax system are expected to drive a rebound in the coming year.
Rising domestic and external demand helped place the Philippines as one of Asia’s best-performing economies in 2017, with many key sectors posting high levels of growth.
Increased activity in trade, tourism and construction paved the way for another year of growth in Dubai, with momentum expected to continue through 2018 as the emirate’s preparations for Expo 2020 shift up a gear.
Qatar’s economy maintained steady growth throughout 2017, with forecasts of a stronger year to come as efforts to boost self-sufficiency in key sectors gain traction.
La solidité de l’économie algérienne s’est renforcée en 2017 grâce à la hausse des recettes issues du secteur énergétique, aux mesures de contingentement des importations et à l’augmentation des recettes fiscales. Néanmoins, la dépendance continue du pays aux recettes issues de la vente d’hydrocarbures le laisse exposé aux chocs extérieurs.
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