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Regional Economic Update

Economic growth across Europe and Central Asia is slowing, with regional growth estimated at 1.8% for 2019.

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Economic Update

An update on the economic performance and outlook for the Western Balkans region.

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Video Replay

Europe and Central Asia features in the World Bank's first 24-hour economics marathon. Watch the video recording.

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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 and developing countries of Europe and Central Asia is expected to slow to 1.8% in 2019 (down from 3.2% in 2018), a four-year low. Aggregate growth figures mask the diversity of performance across the region, however.

Regional growth was hindered by marked weakness in Turkey, which suffered from substantial financial market stress, as well as sluggish activity in the Russian Federation amid oil production cuts. But there was robust growth in other parts of the region, such as Central Europe and Central Asia, as well as the South Caucasus.

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Cyril Muller

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Asli Demirgüç-Kunt

Chief Economist

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