After a successful vaccination campaign
and a solid economic rebound, Ecuador is expected to
continue its reform to secure fiscal sustainability and
foster growth. The...
Type: BriefReport#: 170640Date: 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
Robust remittance inflows, a fiscal
stimulus, and favorable commodity prices have been the main
drivers of Nicaragua’s economic recovery following a
three-year recession...
Type: BriefReport#: 170649Date: April 21, 2022Author:
World Bank
Peru’s economy rebounded strongly in
2021, but poverty reduction was slowed by structural
rigidities in the labor market and inflation. GDP growth is
expected to return...
Type: BriefReport#: 170652Date: April 21, 2022Author:
World Bank
After a steep economic contraction in
2020, Saint Lucia’s growth picked up in 2021 as tourism
started to recover. Real GDP and poverty are projected to
reach 2019 levels...
Type: BriefReport#: 170653Date: April 21, 2022Author:
World Bank
Uruguay’s GDP rebounded in 2021,
reaching pre-crisis levels. The economic recovery and fiscal
discipline helped reduce the fiscal deficit to below the
2019 level, despite...
Type: BriefReport#: 170656Date: April 21, 2022Author:
World Bank
The withdrawal of COVID-19 movement
restrictions facilitated Djibouti’s economic rebound in
2021, to an estimated 4.3 percent. Growth is projected to
remain moderate...
Type: BriefReport#: 170706Date: April 21, 2022Author:
World Bank
In Bhutan, output is estimated to have
contracted by 3.7 percent in FY20/21, with broad based
contractions in the non-hydro industrial and services
sector, reflecting...
Type: BriefReport#: 170729Date: April 21, 2022Author:
World Bank
In Solomon Islands, the economy is
expected to shrink by -2.9 percent in 2022, reflecting the
negative impact of the recent civil unrest and widespread
community transmission...
Type: BriefReport#: 170597Date: April 21, 2022Author:
World Bank
In Albania, a robust recovery took place
in 2021thanks to policy stimulus and resurgence of travel,
construction, and extractive activity. Private investment,
consumption,...
Type: BriefReport#: 170604Date: April 21, 2022Author:
World Bank
In Kazakhstan, Russia’s invasion of
Ukraine is likely to reduce growth to 1.5 percent in 2022.
This figure follows 4 percent growth in 2021, driven by a
rebounding economy,...
Type: BriefReport#: 170612Date: April 21, 2022Author:
World Bank
Montenegro’s economic recovery in 2021
was robust, supported by tourism revival. The labor market
also responded to economic recovery and the fiscal position
significantly...
Type: BriefReport#: 170617Date: April 21, 2022Author:
World Bank
Renewed insecurity prevented the Central
African Republic’s (CAR) economy from rebounding in 2021.
The outlook is subject to downside risks arising from a
reversal in...
Type: BriefReport#: 170535Date: April 21, 2022Author:
World Bank
The Dominican economy rebounded strongly
in 2021, supported by well-implemented fiscal and monetary
policies. A successful vaccination campaign also contributed
to the...
Type: BriefReport#: 170639Date: April 21, 2022Author:
World Bank
Real GDP growth in Mexico is projected
at 2.1 percent in 2022. The labor market has yet to fully
recover as most gains in employment took place in informal
and low-wage...
Type: BriefReport#: 170648Date: April 21, 2022Author:
World Bank
After a difficult 2020, Oman’s economy
is on a solid recovery path amid easing pandemic pressures,
higher hydrocarbon outputs, and wide-ranging government
reforms. Frontloaded...
Type: BriefReport#: 170716Date: April 21, 2022Author:
World Bank
Socioeconomic conditions are
deteriorating rapidly in Syria, affected by a range of
shocks, including prolonged armed conflict, economic
sanctions, COVID-19 pandemic,...
Type: BriefReport#: 170720Date: April 21, 2022Author:
World Bank
Spillovers from Russia’s invasion of
Ukraine are expected to reverse the progress made by the
Kyrgyz economy in recovering from the COVID pandemic in 2021
when annual...
Type: BriefReport#: 170614Date: April 21, 2022Author:
World Bank
Economic growth in Ghana rebounded to
4.1 percent in 2021, but significant macroeconomic
imbalances remain. The fiscal deficit and debt remained
elevated, and inflation...
Type: BriefReport#: 170894Date: April 21, 2022Author:
World Bank
An economic recovery started in 2021 but
was interrupted in 2022 by the combined impact of a third
wave of the pandemic, a series of climate shocks, and the
escalating...
Type: BriefReport#: 170901Date: April 21, 2022Author:
World Bank
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