GDP grew by an estimated 11 percent in
2022, slightly less than in 2021, but remains below its 2019
level. Growth was driven by the recovery of services,
particularly...
Type: BriefReport#: 181293Date: April 1, 2023Author:
World Bank
In Maldives, the economy has recovered
to pre-pandemic levels and, with rising tourist arrivals, is
expected to maintain a strong growth and poverty reduction
trajectory....
Type: BriefReport#: 181429Date: April 1, 2023Author:
World Bank
In Bangladesh, real GDP growth slowed in
the first half of FY23, as inflation surged and external
conditions deteriorated. Full year growth is projected to
decelerate...
Type: BriefReport#: 181425Date: April 1, 2023Author:
World Bank
After rebounding to 2.9 percent in 2021,
GDP growth moderated to 2.5 percent in 2022, impacted by
sluggish global demand. A convergence to pre-pandemic growth
trends...
Type: BriefReport#: 181360Date: April 1, 2023Author:
World Bank
GDP growth accelerated to 2.8 percent in
2022 due to a high carry-over from 2021 and as remittances
and private consumption remained strong following
significant improvements...
Type: BriefReport#: 181306Date: April 1, 2023Author:
World Bank
Recent shocks undermined
Cameroon’s real GDP growth in 2022 and fueled
inflation, with adverse consequences on poverty. The
medium-term outlook shows reduced...
Type: BriefReport#: 181352Date: April 1, 2023Author:
World Bank
Equatorial Guinea’s economy
expanded by an estimated 2.9 percent in 2022, driven by the
rebound in the hydrocarbon sector. The fiscal and external
balances improved...
Type: BriefReport#: 181359Date: April 1, 2023Author:
World Bank
Gabon’s economy rebounded in
2022, supported by good performances in sectors such as oil,
manganese, and wood. High commodity prices contributed to
fiscal and...
Type: BriefReport#: 181363Date: April 1, 2023Author:
World Bank
The 2021 strong growth rebound continued
in 2022 (10.5 percent), supported by a recovery in wholesale
and retail commerce, transport, storage and communications,
and...
Type: BriefReport#: 181315Date: April 1, 2023Author:
World Bank
Real GDP growth is estimated to have
slowed to 3.4 percent in 2022 on the back of worsening
agriculture conditions and macroeconomic instability. Annual
inflation returned...
Type: BriefReport#: 181394Date: April 1, 2023Author:
World Bank
In Kazakhstan, the economy grew by 3.2
percent in 2022. However, a surge in inflation has squeezed
the real incomes of low-income households and could
undermine efforts...
Type: BriefReport#: 181278Date: April 1, 2023Author:
World Bank
In Albania, growth in 2022 is estimated
at 3.5 percent, as private consumption, exports, and
investment expanded, despite increasing energy and food
prices. Growth is...
Type: BriefReport#: 181263Date: April 1, 2023Author:
World Bank
Uganda’s economy is expected
to grow above 5 percent in FY23, as investment picks
momentum, supported by lower inflationary pressures and
easier monetary policy....
Type: BriefReport#: 181392Date: April 1, 2023Author:
World Bank
The economy is projected to grow by 2.8
percent in 2023, as economic conditions are expected to
improve following a prolonged drought and rising commodity
prices throughout...
Type: BriefReport#: 181386Date: April 1, 2023Author:
World Bank
A rebased GDP and the methodological
changes to tourism’s contribution, indicated
growth was 8.8 percent in 2022, and will moderate to 3.8
percent in 2023, driven...
Type: BriefReport#: 181384Date: April 1, 2023Author:
World Bank
GDP growth is projected to decelerate in
2023 despite a strong tourism season, as the solid
post-pandemic recovery phase comes to an end and a sizeable
drought affects...
Type: BriefReport#: 181321Date: April 1, 2023Author:
World Bank
A combination of improving hydrocarbon
sector outturns and growth in the non-oil sectors drives
economic expansion in Iran. Water and electricity shortages,
insufficient...
Type: BriefReport#: 181414Date: April 1, 2023Author:
World Bank
Inflation is eroding incomes and
constraining business activity. Growth is expected to
decline to 4.0 percent in FY23 from 6.6 percent in FY22.
Improvements in reserves...
Type: BriefReport#: 181413Date: April 1, 2023Author:
World Bank
The lingering impact of the 2021 riots
along with a local outbreak of COVID-19 and
Russia’s invasion of Ukraine resulted in a deep
recession. However, the economy...
Type: BriefReport#: 181340Date: April 1, 2023Author:
World Bank
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