Balance of payments
- A generally well-managed current account balance, but significantly deteriorated in 2022 and 2023 due to the dynamism of private investments, particularly in the extractive sector.
optical GDP demand
Here is the translation of the provided text into English:
Strong growth recorded during the period 2012-2019 (average of 8.1%).
Good recovery starting in 2021 after a slowdown in 2020 (0.7%) due to COVID-19.
Growth mainly driven by final consumption and investment, with respective contributions of 3.2 and 2.3 percentage points in 2023.
inflation
Here is the translation of the provided text into English:
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Overall inflation contained below the ECOWAS community threshold of a maximum of 5%.