Economic growth is projected to slow
to3.4 percent in 2024 before regainingmomentum in subsequent
years, drivenby new oil production coming online.Inflation
is expected...
Type: BriefReport#: 188877Date: April 3, 2024Author:
World Bank
Over the past nine months
Türkiye has been moving rapidly to normalize
macroeconomic policies. Economic growth was strong at 4.5
percent in 2023 but is projected...
Type: BriefReport#: 188888Date: April 3, 2024Author:
World Bank
The growth of the Serbian economy
accelerated in the second half of 2023 bringing GDP growth
for the year as whole to 2.5 percent. The incidence of
poverty declined...
Type: BriefReport#: 188886Date: April 3, 2024Author:
World Bank
Jordan has demonstrated resilience
amidst consecutive external shocks, preserving macroeconomic
stability albeit with growing vulnerabilities associated
with climate...
Type: BriefReport#: 188939Date: April 3, 2024Author:
World Bank
Since October 2023, the Palestinian
economy has experienced one of the largest shocks recorded
in recent economic history. In Gaza, the loss of life, the
speed and extent...
Type: BriefReport#: 188945Date: April 3, 2024Author:
World Bank
Barbados’ economy grew at 4.5
percent in 2023, exceeding pre-pandemic levels as the number
of tourists returned to pre-2019 levels. The resurgence of
the economy...
Type: BriefReport#: 188893Date: April 3, 2024Author:
World Bank
In 2023, Djibouti's economy
rebounded impressively with a GDP growth of +6.7 percent,
but Djibouti’s growth model faces
vulnerabilities, including heavy dependence...
Type: BriefReport#: 188934Date: April 3, 2024Author:
World Bank
Economic growth was 6.2 percent
andinflation was 10.8 percent in 2023. Thefiscal balance was
positive (1.2 percentof GDP) owing to strong revenue
performance.GDP growth...
Type: BriefReport#: 188879Date: April 3, 2024Author:
World Bank
Despite a protracted debt restructuring
process and subdued copper production, Zambia’s
economy has been recovering since the COVID-19 recession,
primarily driven...
Type: BriefReport#: 189016Date: April 3, 2024Author:
World Bank
In Kiribati, a large increase in public
sector wages will support growth but add to fiscal
imbalances. In Tuvalu, the 2024 Falepili Union Treaty now
allows Tuvaluans...
Type: BriefReport#: 188843Date: April 3, 2024Author:
World Bank
The economy is expected to grow by 2.8
percent in 2024, driven by national election preparations
and public infrastructure investments in the energy and
transportation...
Type: BriefReport#: 188854Date: April 3, 2024Author:
World Bank
Mining investment will boost growth to
7.1 percent in 2023, poverty will decline slightly, and the
fiscal deficit widen to 1.6 percent as capital spending
rises. Growth...
Type: BriefReport#: 188989Date: April 3, 2024Author:
World Bank
Real GDP is expected to contract further
by 3.5 percent in 2024, after a 12 percent contraction in
2023, driven by widespread destruction of productive
capacity due...
Type: BriefReport#: 189012Date: April 3, 2024Author:
World Bank
Liberia’s economy expanded by
an estimated 4.7 percent in 2023. Inflationary pressures
increased due to rising food and transportation costs.
Medium-term growth...
Type: BriefReport#: 188994Date: April 3, 2024Author:
World Bank
The 2023 Niger border closure, policy
changes in Nigeria and climate shocks moderated growth to
5.8 percent. The international poverty measure fell to 11.7
percent....
Type: BriefReport#: 188969Date: April 3, 2024Author:
World Bank
Despite some recovery,
Pakistan’s economy remains under stress with low
foreign reserves and high inflation. Policy uncertainty
remains elevated and economic...
Type: BriefReport#: 188965Date: April 3, 2024Author:
World Bank
GDP growth is projected to increase from
1.9 percent in FY23 to 3.3 percent in FY24, driven by
revived tourism and improved electricity generation.
Decreased expenditure...
Type: BriefReport#: 188964Date: April 3, 2024Author:
World Bank
Chad’s economy has proven
resilient despite the war in neighboring Sudan. GDP growth
in 2023 is estimated at 4.1 percent (1 percent per capita),
supported by...
Type: BriefReport#: 188976Date: April 3, 2024Author:
World Bank
Economic growth slowed slightly to 3.7
percent in 2023 due to social unrest and delayed hydrocarbon
production. The fiscal deficit and debt remained high,
fueled by...
Type: BriefReport#: 189006Date: April 3, 2024Author:
World Bank
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