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At a Glance

World Bank is rapidly responding to an unprecedented crisis in Europe and Central Asia

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REPORT

The Spring 2020 Economic Update for Europe and Central Asia examines the impacts of COVID-19 on countries in the region.

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Economic Update Apr 09, 2020

Fighting COVID-19

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Economic Update Oct 09, 2019

Migration and Brain Drain

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Economic Update Apr 09, 2019

Financial Inclusion

Europe & Central Asia in Figures

Growth in the emerging market and developing economies of Europe and Central Asia decelerated to 2.2 percent in 2019, reflecting weakness in the region’s two largest economies, Turkey and the Russian Federation. In February 2020, the COVID-19 (coronavirus) outbreak interrupted the incipient recovery that was underway earlier in the year. Given the rapidly evolving situation, our latest Regional Economic Update summarizes the recent developments and growth outlook for the region under different scenarios regarding the outbreak.

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Anna Bjerde

Vice President

Asli Demirgüç-Kunt

Chief Economist

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