The Nepal Development Update is produced twice a year to report on key economic developments that occurred during the year, placing them in a longer-term and global perspective. The Update is intended...
This brief is developed as part of a series and provides an overview of the empirical evidence
on the impacts of regulatory and worker protection interventions related to digital work platforms. The theoretical...
Type: ReportReport#: 193830Date: October 2, 2024Author:
David Alzate
Robust domestic demand fueled an uptick in manufacturing activity and a rebound in imports of goods and services. Meanwhile, goods exports stagnated because of muted demand for Philippine electronics...
Type: NewsletterReport#: 193831Date: October 2, 2024Author:
World Bank
This review of the World Bank Group’s (WBG) Completion and Learning Review (CLR) for the Kingdom of Cambodia covers the period of the Country Partnership Framework (CPF), fiscal years FY19-FY23, and updated...
Type: CPF Completion and Learning Review ValidationReport#: 193940Date: October 2, 2024Author:
World Bank
In developing countries, the lack of access to safe, effective, and affordable transport is a fundamental issue for many if not most people. Almost 10 years ago, Kumar and Zimmerman (2015) observed that...
Type: Journal ArticleReport#: 193813Date: October 1, 2024Author:
Ajay Kumar-GTIGE ;
Zimmerman, Sam
The economy is expected to grow by 2.5 percent in 2024, driven by national election related spending and public infrastructure investments in the energy and transportation sectors. In the medium term,...
Type: BriefReport#: 193980Date: October 1, 2024Author:
World Bank
Guyana remains one of the world's fastest-growing economies following the development of its oil and gas sector. The government is implementing an ambitious investment program to transform the non-oil...
Type: BriefReport#: 194020Date: October 1, 2024Author:
World Bank
Libya continues to suffer from political divisions over the transparency, control, and benefits of the oil wealth. Tensions recently escalated over the appointment of the Governor and Board of Directors...
Type: BriefReport#: 194046Date: October 1, 2024Author:
World Bank
Economic growth continues to be suppressed by the extended oil output cuts but is projected to gradually pick up in FY2025 given a likely increase in oil production starting in 2025. The non-oil sector...
Type: BriefReport#: 194052Date: October 1, 2024Author:
World Bank
Income per capita is expected to decline by 0.2 percent in 2024, resulting from a modest growth rate of 2.1 percent. Hence, the poverty rate is projected to slightly increase. Tax reforms are aiding domestic...
Type: BriefReport#: 194099Date: October 1, 2024Author:
World Bank
The Colluli potash mine project is expected to support a modest increase in GDP growth to an estimated 2.8 percent in 2024. Lower global food prices are expected to help reduce inflation to 5.1 percent...
Type: BriefReport#: 194105Date: October 1, 2024Author:
World Bank
Liberia’s economy expanded by an estimated 4.7 percent in 2023 and is expected to maintain this momentum. Inflationary pressures have eased since peaking in fiscal year 2023. Although the medium-term outlook...
Type: BriefReport#: 194115Date: October 1, 2024Author:
World Bank
Growth recovery has been modest since 2022, constrained by low energy supply, and declining external financing. It is projected at 1.1 percent in 2024 and to gradually improve in the medium-term supported...
Type: BriefReport#: 194127Date: October 1, 2024Author:
World Bank
Economic growth continues to accelerate, albeit at a modest pace, supported by improved agriculture production, private consumption, and exports. Real GDP growth is expected to rise to 4.4 percent in 2024,...
Type: BriefReport#: 194130Date: October 1, 2024Author:
World Bank
Guatemala has grown steadily in recent years with sound macroeconomic performance but with poor social outcomes, due to low and ineffective social expenditure and low productivity. Addressing these challenges...
Type: BriefReport#: 194019Date: October 1, 2024Author:
World Bank
Growth accelerated to 5.1 percent in 2023 but lost steam in the first half of 2024. Low inflation and decreasing interest rates since Q12023 boosted private consumption and investment, but slower growth...
Type: BriefReport#: 194013Date: October 1, 2024Author:
World Bank
Cameroon's economic growth shows signs of recovery after its slowdown in 2023. However, the growth rate remains below the target set out in the Nation’s development strategy (NDS30), implying limited poverty...
Type: BriefReport#: 194093Date: October 1, 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.
