SADC SELECTED ECONOMIC AND SOCIAL INDICATORS, 2016

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1 SADC SELECTED ECONOMIC AND SOCIAL INDICATORS, INTRODUCTION This report is an attempt to provide data series and a brief trend analysis of the major socio-economic characteristics of SADC region for the Year 2016 based on Selected Economic and Social Indicators for the period 2007 to Data was primarily submitted and updated by National Statistical Offices (NSOs) of SADC Member and endorsed during the annual statutory meeting of SADC Statistics Committee held from July 2017 in Johannesburg, South Africa. The core list of selected indicators for the region is presented in the attached tables 1 to 27 and corresponds to data submission as at end of July The following sections present an analysis of trends of Gross Domestic Product (GDP), Trade and Demographic indicators. With regard to the Manufacturing sector, significant growth rates were recorded by Angola (6.9%), DRC (8.6%) and Tanzania (7.8%) among the Member in Only Seychelles registered a decline in the manufacturing sector of 1.3% during the same year. The share of manufacturing sector to overall GDP in 2016 stood at 11.1%. Indeed, the share of the Manufacturing sector to overall GDP in SADC region has steadily been declining since 2007 from 13.6% to reach its lowest point to 10.6% in The Post 2013 period has shown a resilience of the sector for gradual increase in its share to the GDP increasing to about 11.1% in GDP AND MANUFACTURING SADC region registered an estimated average growth rate of 1.4% in 2016 compared to 2.3% in 2015 as illustrated in Figure 1. The Manufacturing sector, identified as the prioritized key engine of growth to drive the industrialization process in SADC for the coming decades, grew by 2.6% in 2016 compared to 1.5% in The region`s growth has been increasing at a decreasing rate since post global crisis in 2009 while the manufacturing sector exhibited decent growth in Figure 3 shows trend of nominal GDP per capita of SADC region for the period GDP per capita stood at $1834 in 2016 representing a significant nominal decrease of 7.2% compared to $1976 in Since 2007, this variable, as an income measure of poverty, increased from $1847 to reach its highest level of $2440 in Beyond 2011, it has gradually decreased due to sharp depreciation of national currencies of most SADC Member against international convertible currencies. At country level, Table 4 below shows Seychelles has the highest GDP per capita (US$ ) estimate whilst Malawi has the lowest at US$ 317 in At country-specific level (Table 3), Tanzania registered highest overall economic growth rate at 7.0% among the Member followed by Botswana at 4.3 % in The rest of the Member registered growth rates ranging between 0% and 3.8% except for Swaziland which recorded a decline of 0.6% during the same period.

2 3. TRADE Promotion of trade liberalization is a critical factor towards attainment of set goals for regional economic integration within the SADC region. In 2016, SADC Exports of Goods (Extra-SADC) stood at about $ 114 billion whilst Imports stood at $ 123 billion resulting in a trade deficit of $ 9 billion. Figure 4 illustrates trend in SADC Trade Balance for the period % in 2016 whilst that of Imports increased from 18.2% to 21.2% during the same period. 4. DEMOGRAPHY The estimated population of the SADC region increased from million in 2015 to million in 2016 representing a 2.6% annual population growth rate. The largest population share in the region in 2016 was in DRC (26.6%) followed by South Africa (17.1%) and Tanzania (15.3%). Figure 6 shows the share of population across SADC Member for SADC region registered positive trade balance during exception in 2009 when the region recorded a deficit mainly on account of the effects of the global financial crisis during that year. Post 2013, the region`s trade with rest of the world went into deficit to reach its lowest level of $ 20 billion in The deficit improved to $ 9 billion in 2016 mainly due to reduced imports from rest of the world by the majority of SADC Member (Table 17). The largest exporter and importer of goods for the region remains South Africa followed by Angola and DRC (Table 17-18). Life Expectancy at birth, as a measurement for quantity of life, is an indicator with high correlation to the health status of a population which invariably has bearings for contributing to the processes of growth and productivity in a country. Merchandise trade among SADC Member has steadily been on the increase since 2007 as depicted in Fig 5 above. Intra-SADC Exports as a percentage of Total Exports of Goods increased from 15.2% in 2007 to reach SADC region has been registering steady increase in life expectancy over the past decade that could be attributed to improved nutrition, sanitation and medical interventions, among others. Available data indicate that the average life expectancy of the region has increased from 51.8 years in 2007 to reach 60.1 years in See Figure 7 for details. 2 P a g e

3 Table 1: Mid-Year Population in SADC (000s), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total Table 2: GDP in SADC at Current Market Price (Million US $), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total

4 Table 3: Annual Real GDP (at Market Price) Growth Rate in SADC (%), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Average Table 4: Per Capita GDP in SADC (US $ per head), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Average P a g e

5 Table 5: Share of Manufacturing GDP to Total GDP in SADC (%), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Average Table 6: Manufacturing GDP Real Growth rate in SADC (%), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Average P a g e

6 Table 7: Annual Inflation Rates (period average), %, in SADC, Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe Table 8: Imports of Goods and Services in SADC (Million US $), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total P a g e

7 Table 9: Exports of Goods and Services in SADC (Million US $), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total Table 10: Goods and Services Trade balance (Million US $) in SADC, Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total P a g e

8 Table 11: Imports of Goods and Services as a % of GDP in SADC, Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Average Table 12: Exports of Goods and Services as a % of GDP in SADC, Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Average P a g e

9 Table 13: Intra-SADC Imports of Goods (Million US $), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total Table 14: Intra-SADC Exports of Goods (Million US $), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total P a g e

10 Table 15: Intra-SADC Imports of Goods as a % of Total Imports in SADC (%), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Average Table 16: Intra-SADC Exports of Goods as a % of Total Exports in SADC (%), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Average P a g e

11 Table 17: Extra-SADC Imports of Goods (Million US $), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total Table 18: Extra-SADC Exports of Goods (Million US $), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total P a g e

12 Table 19: Extra-SADC Merchandise Trade balance (Million US $), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total Table 20: Total External Debt stock at end of year (Million US $) in SADC, Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total P a g e

13 Table 21: External Debt as a % of GDP in SADC (%), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Average Table 22: Official Exchange Rates for SADC Member, (National currency per 1 US $) SADC Member Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe P a g e

14 Table 23: International Reserves stock at end of year in SADC (Million US $), Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Total Table 24: Life Expectancy at birth (Total) in SADC, number of years, Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe SADC Average P a g e

15 Table 25: Total Fertility Rate in SADC, per woman, Angola Botswana DRC Lesotho Madagascar Malawi Mauritius Mozambique Namibia Seychelles South Africa Swaziland Tanzania Zambia Zimbabwe Table 26: Net Enrollment ratio in secondary schools (Total) in SADC, Angola n.a n.a. Botswana n.a. n.a n.a. n.a DRC n.a. n.a n.a. n.a. n.a Lesotho n.a. Madagascar 21.2 n.a. n.a. n.a n.a n.a. n.a. Malawi Mauritius Mozambique Namibia n.a n.a. n.a Seychelles n.a. South Africa n.a Swaziland 29.2 n.a Tanzania Zambia Zimbabwe n.a. n.a n.a. n.a n.a. na 13 P a g e

16 Table 27: Total Labor Force (000s) in SADC, Angola n.a. n.a. Botswana n.a 802 n.a 900 n.a. n.a. n.a. DRC n.a. n.a n.a Lesotho n.a. n.a n.a. n.a n.a. Madagascar n.a n.a n.a n.a n.a n.a. n.a. Malawi n.a n.a n.a Mauritius Mozambique n.a n.a Namibia n.a. 991 n.a. n.a. Seychelles South Africa Swaziland n.a n.a Tanzania Zambia n.a n.a n.a n.a n.a. n.a. Zimbabwe n.a n.a n.a Acknowledgement- The SADC Secretariat is grateful to relevant national institutions within National Statistics Systems of the Member for their cooperation in providing requisite statistical data upon which the Selected Indicators were compiled by Secretariat. Special thanks go to the National Statistical Offices (NSOs) of respective Member for their role in coordinating the collection and verification of official statistical data from other relevant statistical stakeholder institutions at national level. Validation of the indicators is primarily the responsibility of SADC Statistics Committee, which comprises of Heads of National Statistical Offices of the Member. The Committee considered and validated the attached selected indicators during its meeting held from 12-14th July 2017 in Johannesburg, South Africa. The staff of the Statistics Unit of the SADC Secretariat under the overall general guidance of the Director Policy Planning Resource Mobilisation compiled the indicators and produced this report. More information on the report can be obtained by directing inquiries to ajere@sadc.int or registry@sadc.int 14 P a g e