The Dominican economy is poised for a rebound in 2024, with an expected growth rate of 5.1 percent, fueled by the delayed impacts of monetary easing and increased public investment. Unemployment has decreased,...
Type: BriefReport#: 188901Date: April 3, 2024Author:
World Bank
Successful debt restructuring and implementation of wide-reaching reforms under a comprehensive macroeconomic stabilization program has put Suriname on a path to fiscal sustainability. Currency stabilization...
Type: BriefReport#: 188917Date: April 3, 2024Author:
World Bank
Paraguay’seconomyis expected togrowby 3.8 percent in2024assuming normal weather conditions, while poverty is projected to decline to 18.6 percent. Strengthening the business environment, boosting productivity,...
Type: BriefReport#: 188913Date: April 3, 2024Author:
World Bank
Belize’s economy is recovering from the COVID-19 pandemic with robust growth, lower debt, a primary surplus, and an improved current account. In 2023, GDP grew by 4.5 percent, inflation slowed, and unemployment...
Type: BriefReport#: 188894Date: April 3, 2024Author:
World Bank
Growth in 2023 is estimated at 3.3percent, led by private consumption,tourism and construction. Price pressurescontinued to ease. Growth is projectedat the same levels in 2024, ledby services. Poverty...
Type: BriefReport#: 188869Date: April 3, 2024Author:
World Bank
Growth in 2023 is estimated at 3.3percent, led by private consumption,tourism and construction. Price pressurescontinued to ease. Growth is projectedat the same levels in 2024, ledby services. Poverty...
Type: BriefReport#: 188869Date: April 3, 2024Author:
World Bank
Poland’s GDP growth deceleratedsharply in 2023 as high inflation, tighterfinancing conditions, and an unwindinginventory cycle weighed on growth. Theoutlook is positive with a newly electedpro-EU government...
Type: BriefReport#: 188883Date: April 3, 2024Author:
World Bank
Barbados’ economy grew at 4.5 percent in 2023, exceeding pre-pandemic levels as the number of tourists returned to pre-2019 levels. The resurgence of the economy is expected to alleviate poverty and improve...
Type: BriefReport#: 188893Date: April 3, 2024Author:
World Bank
GDP growth in Nicaragua is estimated at 4.3 percent in 2023, supported by a steep increase in remittances and foreign direct investment. Growth will be sustained over the medium term, though at a slightly...
Type: BriefReport#: 188911Date: April 3, 2024Author:
World Bank
The government faces the challenge of correcting significant macroeconomic imbalances while ensuring the protection of the most vulnerable. Priorities include eliminating the fiscal deficit, realigning...
Type: BriefReport#: 188891Date: April 3, 2024Author:
World Bank
After experiencing a severe drought in 2023, Uruguay’s growth is expected to rebound to 3.2 percent in 2024. Private consumption should increase due to real wage growth and stable inflation expectations....
Type: BriefReport#: 188918Date: April 3, 2024Author:
World Bank
Growth accelerated to 5.1 percent in 2023 supported by strong domestic and external demand. Adequate monetary policy and lower international prices helped dissipate inflationary pressures, allowing for...
Type: BriefReport#: 188899Date: April 3, 2024Author:
World Bank
Output surpassed pre-pandemic levels in 2023, supported by tourist arrivals above 2019 levels. Fiscal policy has shifted towards revenue-based consolidation to reduce high debt accumulated during the pandemic....
Type: BriefReport#: 188845Date: April 3, 2024Author:
World Bank
Amid a challenging external environment,GDP growth rose by an estimated3.1 percent in 2023, on the back of lowerinternational commodity prices, robustdiaspora flows and strong credit growth.Over the medium...
Type: BriefReport#: 188878Date: April 3, 2024Author:
World Bank
Economic growth remains significantly below pre-Covid-19 levels, partly due to a protracted period of macroeconomic instability. The Lao kip continues to depreciate, while average annual inflation is expected...
Type: BriefReport#: 188847Date: April 3, 2024Author:
World Bank
GDP growth is estimated at just 1 percent in FY2023-2024 reflecting supply chain and transport disruptions, and the impacts of elevated conflict and uncertainty. Sustained exchange rate depreciation and...
Type: BriefReport#: 188850Date: April 3, 2024Author:
World Bank
Mongolia's GDP growth is forecasted to remain robust at 4.8 percent in 2024, despite adverse weather affecting the agricultural sector and a slowdown in coal exports from the peak achieved in 2023. However,...
Type: BriefReport#: 188849Date: April 3, 2024Author:
World Bank
Tanzania’s real GDP growth momentum remained strong at 5.2 percent in 2023, with low and stable inflation. While both fiscal and current account deficit narrowed, the foreign exchange challenge persists....
Type: BriefReport#: 189013Date: April 3, 2024Author:
World Bank
Growth increased to 2 percent in 2023 and will remain at around this rate over 2024-26. The outlook is subject to downside risks from delays in the Lesotho Highlands Water Project, LHWP), and the implementation...
Type: BriefReport#: 188993Date: April 3, 2024Author:
World Bank
Following moderate post-pandemic growth of 5.2 percent in 2023, growth is projected at 4.5 percent in 2024. Macroeconomic policies remain supportive of growth but the downturn in the property sector and...
Type: BriefReport#: 188844Date: April 3, 2024Author:
World Bank
You have clicked on a link to a page that is not part of the beta version of the new worldbank.org. Before you leave, we’d love to get your feedback on your experience while you were here. Will you take two minutes to complete a brief survey that will help us to improve our website?
Feedback Survey
Thank you for agreeing to provide feedback on the new version of worldbank.org; your response will help us to improve our website.
Thank you for participating in this survey! Your feedback is very helpful to us as we work to improve the site functionality on worldbank.org.
