Türkiye’s economy grew by 5.6 percent in 2022 but has been losing momentum amidst a deteriorating external environment and heterodox monetary policies. Two devastating earthquakes struck on February 6,...
Type: BriefReport#: 181329Date: April 1, 2023Author:
World Bank
In Azerbaijan, economic growth was 4.6 percent in 2022, driven by non-energy sectors supported by recovering demand and fiscal expansion. Inflation accelerated sharply to 13.8 percent, driven by import...
Type: BriefReport#: 181266Date: April 1, 2023Author:
World Bank
Following the strong performance in 2022, economic growth is expected to taper off in 2023 driven by stagnant oil production, as part of OPEC+ agreed production schedule. Inflation remains contained supported...
Type: BriefReport#: 181434Date: April 1, 2023Author:
World Bank
Growth is expected to slow to 4.3 percent in 2023 amid a substantial slowdown in external demand. Deeper slowdown in major economies, uncertainty surrounding inflation, and relatively high debt levels...
Type: BriefReport#: 181334Date: April 1, 2023Author:
World Bank
Strong private consumption and further tourism recovery, especially after the reopening of China’s border, will continue to support economic growth, rising household incomes, and a decline in the poverty...
Type: BriefReport#: 181342Date: April 1, 2023Author:
World Bank
Jordan has shown resilience vis-à-vis major regional and global crises. However, labor market conditions suggest that incomes have not recovered after COVID, while climate change risks exacerbate food...
Type: BriefReport#: 181416Date: April 1, 2023Author:
World Bank
Economic growth is accelerating driven by both a continued robust non-hydrocarbon activity and hydrocarbon production expansion. Higher oil prices and renewed fiscal reforms momentum are improving fiscal...
Type: BriefReport#: 181411Date: April 1, 2023Author:
World Bank
COVID-19 led to recessions in the Federated States of Micronesia (FSM), Republic of the Marshall Islands (RMI), and Palau. Economic activity remained subdued in FY22, and to gain momentum from FY23 onwards...
Type: BriefReport#: 181337Date: April 1, 2023Author:
World Bank
The Palestinian economy’s post-pandemic recovery continued during 2022, albeit at a slower rate compared to the 2021 rebound. Despite a significant narrowing of the deficit in 2022, the fiscal situation...
Type: BriefReport#: 181427Date: April 1, 2023Author:
World Bank
Mongolia’s real gross domestic product (GDP) growth is projected to recover to 5.2 percent in 2023, fueled by a rapid rebound in mining production and robust growth in services. Despite the recovery, poverty...
Type: BriefReport#: 181335Date: April 1, 2023Author:
World Bank
Strong private consumption and further tourism recovery, especially after the reopening of China’s border, will continue to support economic growth, rising household incomes, and a decline in the poverty...
Type: BriefReport#: 181342Date: April 1, 2023Author:
World Bank
Economic activity in Djibouti remains resilient while soaring global prices associated with Russia’s invasion of Ukraine, combined with regional tensions and severe drought in the Horn of Africa, translate...
Type: BriefReport#: 181412Date: April 1, 2023Author:
World Bank
Morocco has undergone a sharp deceleration due to domestic and international shocks: a drought and high commodity prices. This triggered supply-driven inflationary pressures that have broadened, disproportionately...
Type: BriefReport#: 181422Date: April 1, 2023Author:
World Bank
In a randomized evaluation conducted in Burkina Faso, the authors examine whether the provision of affordable childcare services improves both early childhood development and women’s economic empowerment....
Type: BriefReport#: 184232Date: April 1, 2023Author:
Ajayi, Kehinde F. ;
Dao, Aziz ;
Koussoube, Mousson Estelle Jamel
In Kyrgyz Republic, growth in 2022 was stronger than initially expected, driven by consumption, supported by remittance inflows, largely from Russia, and public investment. Inflation increased sharply,...
Type: BriefReport#: 181280Date: April 1, 2023Author:
World Bank
Robust tourism activity is expected to revive the economy with full recovery expected by 2024. Major risks to the outlook include natural disasters and international commodity price shocks. The government’s...
Type: BriefReport#: 181305Date: April 1, 2023Author:
World Bank
Algeria’s economy continued rebounding from the 2020 recession triggered by COVID-19. The country’s external and fiscal balances improved markedly in 2022, as hydrocarbon production and exports picked...
Type: BriefReport#: 181410Date: April 1, 2023Author:
World Bank
Growth is expected to slow to 4.3 percent in 2023 amid a substantial slowdown in external demand. Deeper slowdown in major economies, uncertainty surrounding inflation, and relatively high debt levels...
Type: BriefReport#: 181334Date: April 1, 2023Author:
World Bank
Economic conditions in Yemen remained highly volatile in 2022 due to both domestic and external drivers. Humanitarian needs worsened due to the economic effects of compounding crises, including Russia’s...
Type: BriefReport#: 181438Date: April 1, 2023Author:
World Bank
Growth remained strong in 2022 helped by a recovery in tourism, supporting robust fiscal results. As in other small open economies, a slowdown in external demand and further tightening of financing conditions...
Type: BriefReport#: 181301Date: April 1, 2023Author:
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.
