The economy is gradually recovering, but growth remained modest at an estimated1.9 percent in2023, driven by non-oil activities. The ongoing fuel subsidies reform is helping to maintain fiscal surpluses...
Type: BriefReport#: 188980Date: April 3, 2024Author:
World Bank
Cameroon's economy grew by 4.0 percent in 2023, up from 3.6 percent in 2022. However, poverty reduction remains slow, with 23.0 percent living below the international poverty line of $2.15 PPP per person...
Type: BriefReport#: 188974Date: April 3, 2024Author:
World Bank
Mongolia's GDP growth is forecasted to remain robust at 4.8 percent in 2024, despite adverse weather affecting the agricultural sector and a slowdown in coal exports from the peak achieved in 2023. However,...
Type: BriefReport#: 188849Date: April 3, 2024Author:
World Bank
Mauritius sustained strong growth of nearly 6 percent in 2023, supported by tourism and aggregated demand, particularly household consumption and investment. Medium-term growth is expected to be supported...
Type: BriefReport#: 188999Date: April 3, 2024Author:
World Bank
Kenya’s growth rebounded after two consecutive years of droughts, as the poverty rate continued its declining trend. The Government of Kenya is taking bold measures to strengthen its macroeconomic policy...
Type: BriefReport#: 188991Date: April 3, 2024Author:
World Bank
Buoyant construction, manufacturing, and services drove strong growth in India in FY23/24 and will continue to anchor growth at high levels over the medium term despite the muted global outlook. In recent...
Type: BriefReport#: 188962Date: April 3, 2024Author:
World Bank
Cameroon's economy grew by 4.0 percent in 2023, up from 3.6 percent in 2022. However, poverty reduction remains slow, with 23.0 percent living below the international poverty line of $2.15 PPP per person...
Type: BriefReport#: 188974Date: April 3, 2024Author:
World Bank
On the back of a strong recovery in 2023,the economy has now reached its capacitylimits and is navigating the challengesstemming from economic sanctions targetingkey currency-earning sectors, impedingexports...
Type: BriefReport#: 188872Date: April 3, 2024Author:
World Bank
After expanding an estimated 2.4 percent in 2023, the economy is expected to slow further as macroeconomic imbalances increasingly weigh on growth and prevent poverty reduction. Limited access to external...
Type: BriefReport#: 188895Date: April 3, 2024Author:
World Bank
The economy is expected to grow by 2.8 percent in 2024, driven by national election preparations and public infrastructure investments in the energy and transportation sectors. In the medium term (2024-2026),...
Type: BriefReport#: 188854Date: April 3, 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 the Middle East and...
Type: ReportReport#: 188860Date: April 3, 2024Author:
World Bank
Montenegro’s economy performed stronglyin 2023, with an estimated GDPgrowth of 6 percent. However, economicgrowth is expected to moderate in 2024,and the fiscal deficit is projected to widenduring 2024-27...
Type: BriefReport#: 188881Date: April 3, 2024Author:
World Bank
Leveraging large-scale investments and financing, Egypt undertook monetary adjustments to address the foreign currency crisis sparked by macroeconomic imbalances and global shocks. Growth is forecast to...
Type: BriefReport#: 188936Date: 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
Algeria’s growth remained robust in2023 and, although lower hydrocarbon prices narrowed the current account surplus from its 2022 peak, the rebuilding of official reserves continued. Lower hydrocarbon...
Type: BriefReport#: 188932Date: April 3, 2024Author:
World Bank
South Africa’s economic growth slowed to 0.6 percent in 2023, undermined by constraints on products and input markets and a broad-based decline in public service delivery (electricity supply, transport...
Type: BriefReport#: 189010Date: April 3, 2024Author:
World Bank
In 2023, GDP growth reached 2.9 percent thanks to a bumper harvest, receding inflation pressures, and a robust labor market. This, along with Bolsa Família expansion, helped reduce poverty. In 2024, economic...
Type: BriefReport#: 188896Date: April 3, 2024Author:
World Bank
After expanding an estimated 2.4 percent in 2023, the economy is expected to slow further as macroeconomic imbalances increasingly weigh on growth and prevent poverty reduction. Limited access to external...
Type: BriefReport#: 188895Date: April 3, 2024Author:
World Bank
Indonesia’s growth remains resilient, supported by domestic demand and the services sector. Prudent macroeconomic policies have enabled the country to build buffers, navigate multiple global shocks, and...
Type: BriefReport#: 188846Date: 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.
