Growth rebounded to 7.1 percent in 2021,
led by the gradual recovery in tourism, supporting poverty
alleviation. Inflationary pressures increased, driven by
energy and...
Type: BriefReport#: 170533Date: April 21, 2022Author:
World Bank
Turkey’s economy grew 11 percent in
2021, the fastest among G-20 countries, as COVID-19 related
measures were gradually relaxed in Turkey and abroad. While
Turkey’s...
Type: BriefReport#: 170624Date: April 21, 2022Author:
World Bank
Equatorial Guinea’s economy is estimated
to have recorded its seventh consecutive year of negative
growth in 2021 amid disappointed hydrocarbon production.
Barring new...
Type: BriefReport#: 170541Date: April 21, 2022Author:
World Bank
Growth in Guinea-Bissau is expected to
continue to recover over the medium-term, as international
cashew demand and production rebound, rising to around 4.5
percent...
Type: BriefReport#: 170895Date: April 21, 2022Author:
World Bank
El Salvador’s GDP rebounded in 2021,
largely fueled by remittances. Growth prospects are
threatened by high debt and financing needs, slow progress
on productivity-enhancing...
Type: BriefReport#: 170641Date: April 21, 2022Author:
World Bank
Haiti’s economy contracted for a third
consecutive year in 2021, increasing the already high
poverty levels. This reflects the deep structural challenges
the country...
Type: BriefReport#: 170645Date: April 21, 2022Author:
World Bank
Increasing oil and gas demand and prices
in Algeria led to a strong rebound in hydrocarbon production
and exports in 2021, sharply reducing fiscal and external
financing...
Type: BriefReport#: 170703Date: April 21, 2022Author:
World Bank
Following eased lockdowns and an
improvement in the health situation in 2021, the Palestinian
economy started its recovery from the pandemic. Despite
strong revenues,...
Type: BriefReport#: 170717Date: April 21, 2022Author:
World Bank
In Myanmar, following the estimated 18
percent contraction in FY21, GDP is projected to expand by 1
percent in FY22, consistent with some stabilization in the
economy...
Type: BriefReport#: 170593Date: April 21, 2022Author:
World Bank
In Papua New Guinea, the economy
rebounded modestly in 2021, supported by agriculture in the
context of limited COVID-19 mobility restrictions. Rising
fiscal deficit...
Type: BriefReport#: 170595Date: April 21, 2022Author:
World Bank
This Macro Poverty Outlook presents
GDP, debt and fiscal forecasts and examines the implications
for critical economic and social concepts such as growth,
poverty reduction...
Type: BriefReport#: 170841Date: April 21, 2022Author:
World Bank
As the economy rebounded, the energy
crisis and the war in Ukraine brought new challenges to
North Macedonia. With rising public debt, the authorities
need to replace...
Type: BriefReport#: 170618Date: April 21, 2022Author:
World Bank
The Polish economy rebounded from the
COVID-19 recession, expanding at its fastest pace since
2007. Easing of COVID-related restrictions, robust
investment, and favorable...
Type: BriefReport#: 170619Date: April 21, 2022Author:
World Bank
Liberia’s economy is recovering. GDP
growth is projected to increase from an estimated 4.0
percent in 2021 to 4.4 percent in 2022, driven by mining and
continued recovery...
Type: BriefReport#: 170899Date: April 21, 2022Author:
World Bank
The Zambian economy grew by an estimated
3.6 percent in 2021 following a 2.8 percent recession in
2020; bolstered by firmer copper prices, favorable external
demand,...
Type: BriefReport#: 170922Date: April 21, 2022Author:
World Bank
The economy in Barbados rebounded in
2021 in line with international travel and easing
containment measures but was negatively affected by natural
disasters such as...
Type: BriefReport#: 170631Date: April 21, 2022Author:
World Bank
While the COVID-19 pandemic interrupted
a prolonged period of growth, resilient remittances and a
timely fiscal stimulus package helped alleviate the impact
and supported...
Type: BriefReport#: 170643Date: April 21, 2022Author:
World Bank
Guyana's economy is expanding at an
extraordinary rate, fueled primarily by the expansion of oil
output. This is expected to continue over the medium term as
more fields...
Type: BriefReport#: 170644Date: April 21, 2022Author:
World Bank
In Burundi, economic growth is estimated
at 1.8 percent in 2021 from 0.3 percent in 2020, driven by
agriculture and a recovery in services. Industrial growth
was subdued...
Type: BriefReport#: 170532Date: April 21, 2022Author:
World Bank
Growth in Senegal accelerated to 6.1
percent in 2021, from 1.3 percent in 2020, driven by
industrial production and a recovery in services as COVID-19
restrictions eased....
Type: BriefReport#: 170913Date: April 21, 2022Author:
World Bank
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