Viet Nam’s real GDP is expected to grow by 5.5 percent in 2024. Poverty is expected to decline from 3.9 percent in 2023 to 3.6 percent in 2024. Downside risks to growth include slower-than-expected growth...
Type: BriefReport#: 188858Date: April 3, 2024Author:
World Bank
Economic growth slowed to 1.1 percentin 2023, as a result of declining crudeoil production and lackluster growth inthe non-energy sector. Annual inflationfell sharply to 2.1 percent as both externaland...
Type: BriefReport#: 188871Date: April 3, 2024Author:
World Bank
Croatia's economic growth at 2.8 percentremained well above EU average in 2023,supporting income convergence. Povertyhas likely stayed stagnant at 1.4 percentin 2023. The medium-term outlook isrelatively...
Type: BriefReport#: 188875Date: April 3, 2024Author:
World Bank
Saint Lucia’s economy, heavily reliant on tourism and imports, was hit hard by the pandemic and price increases of imported food and fuel. This resulted in soaring public debt and debt service, limiting...
Type: BriefReport#: 188915Date: 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
Over the past nine months Türkiye has been moving rapidly to normalize macroeconomic policies. Economic growth was strong at 4.5 percent in 2023 but is projected to moderate to 3.0 percent in 2024 before...
Type: BriefReport#: 188888Date: April 3, 2024Author:
World Bank
Growth is expected to increase to 4.3 percent in 2024, with domestic demand continuing to be the main driver of growth. Narrow fiscal space remains a key challenge for the economy, and the government has...
Type: BriefReport#: 188848Date: April 3, 2024Author:
World Bank
The political crisis: the coup d’état, followed by sanctions and a severe reduction in financing, together with weak agriculture production, is estimated to have lowered GDP growth in 2023 to 1.2 percent...
Type: BriefReport#: 189002Date: April 3, 2024Author:
World Bank
Economic growth rose slightly to 1.5 percent in 2023 from 0.9 percent in 2022. This was supported by the resumption of electricity production at the Kapichira hydro- electric plant, but the unavailability...
Type: BriefReport#: 188996Date: April 3, 2024Author:
World Bank
Economic growth is projected at 2.8 percent in 2024, supported by the Colluli potash project construction. Lower global food prices are expected to help reduce inflation to 5.1 percent in 2024. Downside...
Type: BriefReport#: 188983Date: April 3, 2024Author:
World Bank
Growth surged from 6.4 percent in FY22 to 7.2 percent in FY23, supported by good harvests and steady service sector growth. However, growth remains lower than before COVID-19, and compounded shocks since...
Type: BriefReport#: 188985Date: April 3, 2024Author:
World Bank
Namibia’s economy grew by 4.2 percent in 2023. GDP growth is expected to remain above 3 percent over the medium term, subject to high uncertainty around the possible implementation of large-scale energy...
Type: BriefReport#: 189000Date: April 3, 2024Author:
World Bank
Namibia’s economy grew by 4.2 percent in 2023. GDP growth is expected to remain above 3 percent over the medium term, subject to high uncertainty around the possible implementation of large-scale energy...
Type: BriefReport#: 189001Date: April 3, 2024Author:
World Bank
Economic growth slowed slightly to 3.7 percent in 2023 due to social unrest and delayed hydrocarbon production. The fiscal deficit and debt remained high, fueled by energy subsidies and frontloaded financing....
Type: BriefReport#: 189006Date: April 3, 2024Author:
World Bank
Economic growth is estimated to have remained unchanged at 3.8 percent in 2023 due to sluggish export performance linked to the global economic slowdown and unfavorable export price management. It is projected...
Type: BriefReport#: 188995Date: April 3, 2024Author:
World Bank
The economy continues to face significant challenges as policy missteps have aggravated the impact of external shocks, resulting in high and stubborn inflation, pressures on the currency, high risk of...
Type: BriefReport#: 189008Date: April 3, 2024Author:
World Bank
In 2023, economic growth rebounded to 2.7 percent from 1.8 percent in 2022, spurred by robust agricultural production. However, inflation spiked, then moderated late in the year. Poverty rate would remain...
Type: BriefReport#: 188972Date: April 3, 2024Author:
World Bank
Syria’s protracted economic contraction persists due to a combination of shocks related to conflict both within Syria and across the region. Indeed, the Middle East conflict has spilled over into Syria...
Type: BriefReport#: 188948Date: April 3, 2024Author:
World Bank
The economy has shown initial signs of stabilization with improved fiscal and external balances, supported by a recovery in remittances and tourism and the continued debt service suspension. However, this...
Type: BriefReport#: 188966Date: April 3, 2024Author:
World Bank
In 2023, economic growth slowed to 3.3 percent, driven by reduced global demand for diamonds. In FY24-26, economic activity is projected to stabilize at 3.5-4.0 percent, buoyed by an expansionary fiscal...
Type: BriefReport#: 188970Date: 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.
