African Continental Free Trade Area (AfCFTA) implementations are expected to affect total production across sectors and regions in Africa in 2035. In Northern Africa, the total production value was forecast to increase by approximately 85 billion U.S. dollars in 2035, compared to a baseline scenario in the absence of the AfCFTA.
In May 2019, the AfCFTA agreement officially entered into force after 22 African countries had ratified it. The agreement sought to boost inter-regional trade.
Change in total production value due to African Continental Free Trade Area (AfCFTA) implementations in Africa in 2035, by region
(in 2014 billion real U.S. dollars)
Characteristic
Production value in 2014 billion real U.S. dollars
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World Bank. (July 27, 2020). Change in total production value due to African Continental Free Trade Area (AfCFTA) implementations in Africa in 2035, by region (in 2014 billion real U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1340900/impact-of-afcfta-on-production-value-in-africa-by-region/
World Bank. "Change in total production value due to African Continental Free Trade Area (AfCFTA) implementations in Africa in 2035, by region (in 2014 billion real U.S. dollars)." Chart. July 27, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1340900/impact-of-afcfta-on-production-value-in-africa-by-region/
World Bank. (2020). Change in total production value due to African Continental Free Trade Area (AfCFTA) implementations in Africa in 2035, by region (in 2014 billion real U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1340900/impact-of-afcfta-on-production-value-in-africa-by-region/
World Bank. "Change in Total Production Value Due to African Continental Free Trade Area (Afcfta) Implementations in Africa in 2035, by Region (in 2014 Billion Real U.S. Dollars)." Statista, Statista Inc., 27 Jul 2020, https://www.statista.com/statistics/1340900/impact-of-afcfta-on-production-value-in-africa-by-region/
World Bank, Change in total production value due to African Continental Free Trade Area (AfCFTA) implementations in Africa in 2035, by region (in 2014 billion real U.S. dollars) Statista, https://www.statista.com/statistics/1340900/impact-of-afcfta-on-production-value-in-africa-by-region/ (last visited December 22, 2024)
Change in total production value due to African Continental Free Trade Area (AfCFTA) implementations in Africa in 2035, by region (in 2014 billion real U.S. dollars) [Graph], World Bank, July 27, 2020. [Online]. Available: https://www.statista.com/statistics/1340900/impact-of-afcfta-on-production-value-in-africa-by-region/
