Viet Nam’s real GDP is expected to grow by 6.1 percent in 2024, driven by a rebound in manufacturing and services exports. Domestic demand is growing more gradually, reflecting an ongoing recovery in consumer...
Type: BriefReport#: 193984Date: October 1, 2024Author:
World Bank
GDP growth is projected to increase to 3.7 percent in 2024 (1.1 percent per capita), from 3.0 percent in 2023, supported by services and agriculture. Inflation is projected to increase to 3.4 percent....
Type: BriefReport#: 194090Date: October 1, 2024Author:
World Bank
Tunisia’s economic outlook remains challenging and uncertain. Economic growth and job creation stagnated in 2024 amid a persistent drought and low demand. With tighter external financing, the government...
Type: BriefReport#: 194054Date: October 1, 2024Author:
World Bank
DRC inaugurated a new government following reelection of President Tshisekedi for another term, reassuring investors and development partners on reforms continuity. However, a GDP slowdown is expected...
Type: BriefReport#: 194097Date: October 1, 2024Author:
World Bank
A significant drop in oil production derailed economic growth, despite better harvests. Food insecurity and extreme poverty remain high because of high inflation, climate and external shocks, declining...
Type: BriefReport#: 194132Date: October 1, 2024Author:
World Bank
Tanzania’s growth has remained resilient accompanied by low Inflation. Fiscal and current account deficits are narrowing on the back of improved tax collection and strong trade performance. Pressures in...
Type: BriefReport#: 194134Date: October 1, 2024Author:
World Bank
Mexico’s real GDP growth is expected to moderate to 1.7 percent in 2024 and 1.5 in 2025 before converging to its potential by 2026. Poverty is projected to decline slowly through 2026. The country needs...
Type: BriefReport#: 194024Date: October 1, 2024Author:
World Bank
Nicaragua's economy grew by 4.6 percent in 2023, primarily driven by the services sector. Prudent fiscal and macroeconomic policies have supported growth and lowered inflation to 4.8 percent by mid-2024,...
Type: BriefReport#: 194025Date: October 1, 2024Author:
World Bank
Growth accelerated in FY24, driven by tourism, hydropower, and remittance-driven private consumption. Reduced recurrent spending lowered the fiscal deficit, while lower imports and higher remittances led...
Type: BriefReport#: 194065Date: October 1, 2024Author:
World Bank
This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of Latin America and...
Type: ReportReport#: 193963Date: 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
Mongolia's GDP growth is forecasted to remain robust at 5.3 percent in 2024, despite adverse weather affecting the agricultural sector. With rising real wages, the poverty rate, measured at the upper middle-income...
Type: BriefReport#: 193975Date: 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
With the ongoing macroeconomic adjustment, growth is projected to recover to 3.5 percent in FY25 from an estimated 2.5 percent in FY24. Inflation remains in double digits with disproportionate implications...
Type: BriefReport#: 194040Date: 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
Argentina’s COVID-19 Emergency Project was among the first operations under the World Bank’s global response to the COVID-19 epidemic. The first of the two loans included under this Project was approved...
Extreme poverty remains pervasive and deep in the Central African Republic. In 2021, when the last household survey suitable for poverty measurement was conducted, 65.7 percent of the population was living...
Type: BriefReport#: 196065Date: October 1, 2024Author:
World Bank
The Republic of Congo, home to 6.1 million people, is a lower-middle-income nation marked by a youthful demographic - 47.2 percent are under 18 and significant urbanization, with 58.1 percent of the population...
Type: BriefReport#: 196072Date: October 1, 2024Author:
World Bank
Tourism-driven economic growth has kept monetary poverty in the Maldives low, estimated at 2.3 percent in 2023 ($6.85 per person per day, 2017 PPP). This is partly due to a robust welfare system that shields...
Type: BriefReport#: 196096Date: October 1, 2024Author:
World Bank
Robust economic growth post-COVID-19, driven by a sustained boom in mineral exports, has elevated Mongolia to upper-middle-income status in 2024. This shift raises the international benchmark for poverty...
Type: BriefReport#: 196103Date: October 1, 2024Author:
World Bank
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