Real GDP in Seychelles increased by 7.9
percent in 2021 and is projected moderate to 4.6 percent in
2022 as tourist arrivals decline because of the impact of
the Russian...
Type: BriefReport#: 170914Date: 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
Iran’s economy continues its
gradual recovery that started in mid-2020, driven by the oil
sector and services. However, water and energy shortages led
to contraction...
Type: BriefReport#: 170708Date: April 21, 2022Author:
World Bank
Kuwait exited a two-year recession in
2021 as COVID-19 restrictions and OPEC+ cuts are gradually
eased. The fiscal deficit is expected to narrow with surging
oil prices....
Type: BriefReport#: 170711Date: 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
After registering a
stronger-than-expected recovery in 2021, the Saudi Arabian
economy is on an accelerated growth path in 2022; driven by
higher oil and non-oil activities...
Type: BriefReport#: 170719Date: April 21, 2022Author:
World Bank
Rwanda’s economy grew at around 11
percent in 2021, as targeted measures helped economic
activities to effectively navigate the pandemic. The twin
deficits remained—requiring...
Type: BriefReport#: 170910Date: April 21, 2022Author:
World Bank
Bolstered by favorable external
conditions, Argentina’s economy recovered from the COVID-19
crisis at a fast pace, reaching pre-pandemic activity levels
by end-2021....
Type: BriefReport#: 170629Date: April 21, 2022Author:
World Bank
In Colombia, economic recovery has been
solid, with risks stemming from the labor market and
higher-than expected inflation. GDP grew 10.6 percent in
2021 and is projected...
Type: BriefReport#: 170636Date: 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
Paraguay’s economic recovery is
constrained by adverse climate developments and global
uncertainty. The ongoing drought is reducing agricultural
yields and hydroelectric...
Type: BriefReport#: 170651Date: 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
Angola recorded marginally positive GDP
growth in 2021 following five consecutive years of economic
contraction. With oil prices expected to remain high, the
outlook...
Type: BriefReport#: 170528Date: April 21, 2022Author:
World Bank
In Democratic Republic of Congo,
economic activity rebounded in 2021, with higher prices and
production of copper and cobalt lifting GDP growth to an
estimated 5.7 percent...
Type: BriefReport#: 170538Date: April 21, 2022Author:
World Bank
Mauritania’s growth rebounded in 2021 to
2.3 percent, supported by extractives and services, while
extreme poverty remained at 5.8 percent. Fiscal balances
remained...
Type: BriefReport#: 170904Date: April 21, 2022Author:
World Bank
Iraq’s economy is gradually recovering
from the twin shocks of the pandemic and collapse in oil
prices in 2020.Both oil and non-oil growth are on track to
reach their...
Type: BriefReport#: 170709Date: April 21, 2022Author:
World Bank
Since the delay of national elections in
December 2021, political and security tensions and oil
production disruptions have escalated. The confirmation of a
new cabinet...
Type: BriefReport#: 170714Date: April 21, 2022Author:
World Bank
Indonesia’s economy is recovering
supported by growing commodities exports and accommodative
fiscal policy. This helped reduce poverty closer to
pre-pandemic levels....
Type: BriefReport#: 170589Date: April 21, 2022Author:
World Bank
In the Philippines, following a deep
contraction in 2020, the economy rebounded in 2021 supported
by strong manufacturing and public investment. Economic
policies have...
Type: BriefReport#: 170596Date: April 21, 2022Author:
World Bank
In Democratic Republic of Congo,
economic activity rebounded in 2021, with higher prices and
production of copper and cobalt lifting GDP growth to an
estimated 5.7 percent...
Type: BriefReport#: 170538Date: April 21, 2022Author:
World Bank
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