Economic growth is expected to decreaseto 2.2 in 2024, and 1.1 percent in2025. Stronger momentum from 2023and continuation of loose fiscal policyunderpin the growth projections. Exportvolumes are expected...
Type: BriefReport#: 188885Date: 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 South Asia Region....
Type: ReportReport#: 188860Date: 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 Sub-Saharan Africa....
Type: ReportReport#: 188860Date: April 3, 2024Author:
World Bank
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
Growth was strong in 2023, supported by a strong recovery in tourism, agricultural production, and publicly financed largescale infrastructure projects. The risk of debt distress remains high. Fiscal support...
Type: BriefReport#: 188916Date: April 3, 2024Author:
World Bank
Economic growth is expected to decreaseto 2.2 in 2024, and 1.1 percent in2025. Stronger momentum from 2023and continuation of loose fiscal policyunderpin the growth projections. Exportvolumes are expected...
Type: BriefReport#: 188885Date: April 3, 2024Author:
World Bank
Real GDP growth is expected to be 2.3 percent in 2024 and gradually converge to its potential by 2026. Poverty has declined significantly since 2020, but structural reforms are needed to boost productivity,...
Type: BriefReport#: 188910Date: April 3, 2024Author:
World Bank
The economy grew by 6 percent in 2023 amid broad based expansion and fiscal stimulus. The government is expected to consolidate fiscal spending in 2024 following an increase in the fiscal deficit in 2023....
Type: BriefReport#: 188890Date: April 3, 2024Author:
World Bank
Oman’s economy continues to perform well, supported by favorable oil prices and a commitment to the economic diversification program, in line with the country’s Vision 2040. Concerted efforts are underway...
Type: BriefReport#: 188944Date: April 3, 2024Author:
World Bank
Challenges in deploying a unified and effective State response to the devastating floodings in the eastern part of the country in September 2023 have highlighted Libya's fragilities. Competition over the...
Type: BriefReport#: 188942Date: April 3, 2024Author:
World Bank
Following moderate post-pandemic growth of 5.2 percent in 2023, growth is projected at 4.5 percent in 2024. Macroeconomic policies remain supportive of growth but the downturn in the property sector and...
Type: BriefReport#: 188844Date: April 3, 2024Author:
World Bank
In 2023, the economy expanded by 4.3 percent, largely driven by a strong recovery in tourism. Fiscal and current account deficits narrowed significantly; the unemployment rate declined but remains high...
Type: BriefReport#: 188892Date: April 3, 2024Author:
World Bank
Better harvests and a partial recovery in oil production following flooding-related disruptions are lifting overall growth. However, food insecurity and extreme poverty remain high because of climate and...
Type: BriefReport#: 189011Date: April 3, 2024Author:
World Bank
The economy continues its recovery as improved weather conditions boost agriculture production, private consumption, and exports. GDP is estimated to have grown at 3.1 percent in 2023, up from 2.4 percent...
Type: BriefReport#: 189009Date: April 3, 2024Author:
World Bank
The Romanian economy grew by 2.1 percentin 2023, supported by EU-financedinvestment and resilient consumption.Successful issuance of the first publicgreen bond in February 2024 will supportthe green transition....
Type: BriefReport#: 188884Date: April 3, 2024Author:
World Bank
Nigeria has initiated bold reforms to restore macroeconomic stability, but further efforts are needed. The Government has moved forward on normalization of monetary policy, revenue-driven fiscal consolidation,...
Type: BriefReport#: 189003Date: April 3, 2024Author:
World Bank
Gabon’s economy grew by 2.3 percent in 2023 on the back of sustained oil production, down from 3.0 percent in 2022. Following a coup d’état in August 2023, an orderly return to an elected government over...
Type: BriefReport#: 188986Date: April 3, 2024Author:
World Bank
Real GDP is projected to grow by 4.1 percent in 2024, driven by continued increase in public spending financed by higher Southern African Customs Union (SACU) revenues. Despite easing global inflationary...
Type: BriefReport#: 188984Date: April 3, 2024Author:
World Bank
Crisis in the electricity sector and uncertainty in external concessional financing pushed the economy into recession. GDP is estimated to have contracted by 0.5 percent. Poverty rate is estimated at 15.8...
Type: BriefReport#: 189005Date: April 3, 2024Author:
World Bank
In 2023, lower oil production and an exchange rate shock led to economic stagnation. The May-June currency slide continues to fuel inflationary pressures. Lower tax revenues, larger interest payments and...
Type: BriefReport#: 188968Date: 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.
