Oil price booms have previously
supported the Nigerian economy, but this has not been the
case since 2021. Instead, macroeconomic stability has
weakened amidst declining...
Type: BriefReport#: 181380Date: 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
After a slowdown in 2021 GDP growth
accelerated to 11.5 percent in 2022 (7.6 percent in per
capita terms) as agricultural production increased, while
the extreme poverty...
Type: BriefReport#: 181379Date: April 1, 2023Author:
World Bank
Growth resumed in 2022 following
COVID-19 and volcanic disruptions in 2020 and 2021. Tourism
is performing well. Still, poverty is expected to have
remained above its...
Type: BriefReport#: 181319Date: April 1, 2023Author:
World Bank
In Montenegro, while growth in 2022 was
strong at an estimated 6.1 percent, it decelerated in the
second half of the year. Private consumption propelled
growth, but...
Type: BriefReport#: 181282Date: April 1, 2023Author:
World Bank
In Montenegro, while growth in 2022 was
strong at an estimated 6.1 percent, it decelerated in the
second half of the year. Private consumption propelled
growth, but...
Type: BriefReport#: 181282Date: April 1, 2023Author:
World Bank
In Armenia, economic growth was 12.6
percent in 2022, much higher than initially expected, mainly
due to significant increases in services and private
consumption, fueled...
Type: BriefReport#: 181264Date: 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
Following China’s reopening,
gross domestic product (GDP) growth is expected to rebound
in 2023 to 5.1 percent, buoyed by private consumption,
continued fiscal...
Type: BriefReport#: 181298Date: April 1, 2023Author:
World Bank
A fragile context undermines the
adequate functioning of institutions. Armed clashes,
protests, and inadequate maintenance disrupted oil
production and export amid rising...
Type: BriefReport#: 181420Date: April 1, 2023Author:
World Bank
Jordan has shown resilience
vis-à-vis major regional and global crises.
However, labor market conditions suggest that incomes have
not recovered after COVID, while...
Type: BriefReport#: 181416Date: April 1, 2023Author:
World Bank
Economic growth is accelerating driven
by both a continued robust non-hydrocarbon activity and
hydrocarbon production expansion. Higher oil prices and
renewed fiscal...
Type: BriefReport#: 181411Date: April 1, 2023Author:
World Bank
In Sri Lanka, the economy contracted
significantly in 2022, leading to the worst poverty levels
since 2009 and reversing some past human capital gains. Debt
restructuring...
Type: BriefReport#: 181433Date: 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
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
DRC’s economy grew by 8.6
percent in 2022 as mining production expanded. Elevated
prices of imported food and oil led to higher inflation and
a wider current...
Type: BriefReport#: 181356Date: April 1, 2023Author:
World Bank
GDP growth slowed to an estimated 0.4
percent in 2022, partly reflecting the impact of
inflationary pressures on domestic demand and weak
performance in agriculture....
Type: BriefReport#: 181361Date: April 1, 2023Author:
World Bank
After a strong rebound in 2021, real
growth moderated to 6 percent in 2022.Inflation remained
subdued at 2.5 percent due to a strong harvest season and
measures to partially...
Type: BriefReport#: 181347Date: April 1, 2023Author:
World Bank
Although Ecuador has significantly
reduced macroeconomic imbalances in recent years through a
sustained fiscal consolidation and a series of trade
surpluses. A polarized...
Type: BriefReport#: 181304Date: April 1, 2023Author:
World Bank
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