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
Amid persistent macroeconomic
instability, the economic recovery will be gradual and
remain vulnerable to further shocks. Economic growth is
expected to reach 3.9 percent...
Type: BriefReport#: 181333Date: April 1, 2023Author:
World Bank
Robust terms of trade and private
consumption boosted growth and reduced poverty in 2022.
Elevated inflation triggered a cycle of monetary policy
tightening. Commodity...
Type: BriefReport#: 181332Date: April 1, 2023Author:
World Bank
Following the strong performance in
2022, economic growth is expected to taper off in 2023
driven by stagnant oil production, as part of OPEC+ agreed
production schedule....
Type: BriefReport#: 181434Date: April 1, 2023Author:
World Bank
Economic growth was steady at 4.3
percent in 2022, driven by improved agriculture production,
public consumption, and infrastructure investments. Downside
risks to the...
Type: BriefReport#: 181365Date: April 1, 2023Author:
World Bank
GDP growth slowed to 2.5 percent in 2022
(-0.1 percent per capita) as insecurity led to the closure
of several gold mines and high food prices drove inflation
to a region-high...
Type: BriefReport#: 181349Date: April 1, 2023Author:
World Bank
Growth rebounded to 15 percent in 2022,
with real per capita incomes surpassing pre-pandemic levels,
driven by the recovery of tourism. Russia’s
invasion of Ukraine...
Type: BriefReport#: 181351Date: April 1, 2023Author:
World Bank
GDP growth slowed to 2.5 percent in 2022
(-0.1 percent per capita) as insecurity led to the closure
of several gold mines and high food prices drove inflation
to a region-high...
Type: BriefReport#: 181349Date: April 1, 2023Author:
World Bank
Economic recovery, supported by
continued fiscal reforms, is expected to help Grenada return
to the Fiscal Responsibility Act in 2023, after a three-year
suspension....
Type: BriefReport#: 181307Date: April 1, 2023Author:
World Bank
Ghana is in a deep macroeconomic crisis.
Public debt is being restructured to restore fiscal and debt
sustainability, growth has slowed down considerably,
inflation...
Type: BriefReport#: 181366Date: April 1, 2023Author:
World Bank
Botswana’s economy grew
strongly, by 6.5 percent in 2022 supported by favorable
external demand for diamonds. Growth is expected to slow and
average 4.0 percent...
Type: BriefReport#: 181348Date: April 1, 2023Author:
World Bank
Economic growth is estimated at 1.8
percent in 2022, a slight deceleration over 2021, driven by
industry and services. Agriculture contracted due to
insufficient rainfall...
Type: BriefReport#: 181350Date: April 1, 2023Author:
World Bank
This briefing showcases the gender
landscape in Botswana on key indicators helpful for
monitoring gender equality and designing effective policy
interventions. Gender...
Type: BriefReport#: 173021Date: April 1, 2023Author:
World Bank
In Serbia, growth decelerated in the
second half of the year to an average of 2.3 percent in
2022, largely driven by private consumption. However, real
disposable incomes...
Type: BriefReport#: 181327Date: 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
Economic recovery has strengthened,
growth reached 4.1 percent in 2022, driven by strong export
performance and services, as mobility fully resumed. Growth
is expected...
Type: BriefReport#: 181377Date: April 1, 2023Author:
World Bank
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