Mozambique to See Highest GDP Growth in Africa in 2023 at 7%: IMF Report
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Mozambique has the highest projected GDP growth in Africa for 2023 at 7%.
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DRC, Côte d’Ivoire, Rwanda, and Ethiopia round out the top 5 countries with over 6% projected growth.
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The projections are from the IMF's latest World Economic Output report.
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Under the IMF’s baseline scenario, inflation continues to fall as central banks maintain restrictive policies.
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Compared to previous projections, worldwide growth and employment were more robust in the first half of 2023.