Sub-Saharan Africa Most Optimistic in the World

Filed in: economy, growth, africa, economic growth

Written by Wesley Cate on July 24, 2015

Bloomberg reports that residents across Africa tend to be more optimistic about their domestic economies than in other regions. Nigeria is the most optimistic with people in Burkina Faso and Ethiopia also perceiving economic progress in their countries. 

In contrast, individuals in the developed world tend to be pessimistic about their economic prospects. Poland, France, and Australia all tend to have pessimistic citizens in regard to their economies. 

This optimism across the region is due in large part to sustained strong growth rates, increased political stability, and overall macroeconomic reforms whose results have started to show across sub-Saharan Africa.