Suriname built up substantial macroeconomic imbalances as a result of economic mismanagement and high commodity revenue volatility. A newly elected government adopted a comprehensive macroeconomic stabilization...
Type: BriefReport#: 170655Date: April 21, 2022Author:
World Bank
Jordan’s economic rebound during 2021 has been steady, but significant slack remains in the economy. Unemployment is still persistently high - particularly for the youth while labor force participation...
Type: BriefReport#: 170710Date: April 21, 2022Author:
World Bank
After contracting in 2020, Sierra Leone’s economy grew by 3.1 percent in 2021, driven mainly by agriculture and mining. The fiscal deficit remained elevated, despite improvements in revenues, driven by...
Type: BriefReport#: 170915Date: April 21, 2022Author:
World Bank
The South African economy rebounded by 4.9 percent in 2021, driven by a more favorable global environment and less severe economic impact of domestic COVID-19 waves. However, the recovery has been jobless...
Type: BriefReport#: 170917Date: April 21, 2022Author:
World Bank
The Tanzanian economy is on a gradual recovery path. GDP growth increased from 2.0 percent in 2020 to an estimated 4.3 percent in 2021. As employment and nonfarm business revenues recover, the poverty...
Type: BriefReport#: 170919Date: April 21, 2022Author:
World Bank
Gabon’s economy expanded by an estimated 1.5 percent in 2021, driven by the booming mining and forestry sectors. The fiscal balance deteriorated slightly in 2021. Public debt remains sustainable, but risks...
Type: BriefReport#: 170891Date: April 21, 2022Author:
World Bank
Botswana’s economic growth is projected to moderate to 4.1 percent in 2022 following a 12.1 percent rebound last year. Despite the headwinds created by COVID-19, economic growth surpassed expectations....
Type: BriefReport#: 170530Date: April 21, 2022Author:
World Bank
Burkina Faso’s economy grew by an estimated 7.0 percent in 2021 (4.2 percent in per-capita terms), with investment-led growth in services, gold mining, and manufacturing. Due to supply bottlenecks in the...
Type: BriefReport#: 170531Date: April 21, 2022Author:
World Bank
Mauritania’s growth rebounded in 2021 to 2.3 percent, supported by extractives and services, while extreme poverty remained at 5.8 percent. Fiscal balances remained positive, at 2.5 percent of GDP, supported...
Type: BriefReport#: 170904Date: April 21, 2022Author:
World Bank
Namibia’s growth rebound in 2021 is estimated to have been weaker than expected. The outlook for 2022 is favorable boosted by an improved pandemic situation and strong prospects for the mining sector....
Type: BriefReport#: 170907Date: April 21, 2022Author:
World Bank
After contracting in 2020, Sierra Leone’s economy grew by 3.1 percent in 2021, driven mainly by agriculture and mining. The fiscal deficit remained elevated, despite improvements in revenues, driven by...
Type: BriefReport#: 170915Date: April 21, 2022Author:
World Bank
Growth in Togo rebounded to pre-crisis levels in 2021, reflecting health measure rollbacks and a global recovery. Growth is expected to stabilize in 2022 and strengthen in the medium term, supported by...
Type: BriefReport#: 170920Date: April 21, 2022Author:
World Bank
In Uganda, real GDP growth is expected to rise from 3.4 percent in FY21 to 3.7 percent in FY22, as the economy reopens. The planned reduction in the fiscal deficit, to 3.5 percent of GDP by FY24, augurs...
Type: BriefReport#: 170921Date: April 21, 2022Author:
World Bank
The economy continues to recover from the pandemic-induced recession. Growth and poverty reduction are expected to slow down in the medium term as increasing public debt and declining international reserves...
Type: BriefReport#: 170633Date: April 21, 2022Author:
World Bank
In Brazil, GDP grew 4.6 percent in 2021, thanks to strong services growth and a successful vaccination campaign. Significant downside risks remain in an uncertain environment. The 2022 presidential election...
Type: BriefReport#: 170634Date: April 21, 2022Author:
World Bank
Strong growth and spending discipline helped Costa Rica exceed fiscal targets in 2021, despite harsh COVID-19 waves and election-related spending pressures. A strong rebound in manufacturing, particularly...
Type: BriefReport#: 170637Date: April 21, 2022Author:
World Bank
Honduras's real GDP reached its pre-crisis level in 2021, led by remittance-fueled private consumption, post-hurricane reconstruction, and robust export demand. Poverty and inequality are estimated to...
Type: BriefReport#: 170646Date: April 21, 2022Author:
World Bank
In St. Vincent and the Grenadines, the volcanic eruption and COVID-19 significantly impacted GDP growth in 2021. Poverty is expected to have further increased due to the economic contraction and volcano...
Type: BriefReport#: 170654Date: April 21, 2022Author:
World Bank
India’s rebound in FY22 was strong despite the two ‘waves’ of COVID-19, supported by increased vaccination coverage. The recovery, however, is not broad based with private consumption growth constrained...
Type: BriefReport#: 170730Date: April 21, 2022Author:
World Bank
In Solomon Islands, the economy is expected to shrink by -2.9 percent in 2022, reflecting the negative impact of the recent civil unrest and widespread community transmission of the coronavirus. These...
Type: BriefReport#: 170597Date: April 21, 2022Author:
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.
