In the region of the Americas, non-communicable diseases (NCDs) constitute a major disease burden, accounting for approximately 80 percent of all deaths (PAHO 2019). Mental and neurological disorders,...
Type: BriefReport#: 194760Date: October 1, 2024Author:
Anne-Sophie Jung ;
Jeremy Veillard ;
Timothy A. Johnston
Muted economic growth, high inflation, and fiscal consolidation have led to a poverty rate of 40.5 percent (US$3.65/day 2017 PPP) in FY24, implying an additional 2.6 million poor individuals this year...
Type: BriefReport#: 196139Date: October 1, 2024Author:
World Bank
Paraguay has made significant progress in reducing poverty over the past two decades, with the national poverty rate falling from 51.4 percent in 2003 to 24.7 percent in 2022. Extreme poverty also declined...
Type: BriefReport#: 196145Date: October 1, 2024Author:
World Bank
Despite making considerable progress in reducing poverty, Rwanda has relatively higher poverty rates than African peers with similar income per capita, and poverty reduction has become less responsive...
Type: BriefReport#: 196147Date: October 1, 2024Author:
World Bank
In 2022, the last year with available household survey data, 17.5 percent of the Surinamese population lived below the World Bank’s upper middle-income line of $6.85 (2017 PPP). About 46.5 percent of Surinamese...
Type: BriefReport#: 196156Date: October 1, 2024Author:
World Bank
Tajikistan's economy performed strongly over the last decade, with GDP growth averaging above 7 percent. Strong economic growth has resulted in poverty declining from 25.7 percent in 2015 to 10.7 percent...
Type: BriefReport#: 196160Date: October 1, 2024Author:
World Bank
Driven by agriculture growth, a positive trade balance, and strong private consumption, 2023 Brazil’s GDP growth was 2.9 percent, higher than expected at the beginning of the year but lower than in 2022...
Type: BriefReport#: 196061Date: October 1, 2024Author:
World Bank
Uzbekistan has made notable progress reducing poverty since 2021. The poverty headcount rate based on the national poverty line fell from 17 percent in 2021 to 11 percent in 2023. Robust real wage growth...
Type: BriefReport#: 196066Date: October 1, 2024Author:
World Bank
Economic and political stability and investment in human capital have fueled decades of economic growth in Costa Rica. The successful expansion of forest coverage has supported a thriving eco-tourism sector...
Type: BriefReport#: 196076Date: October 1, 2024Author:
World Bank
The latest Household Income and Expenditure Survey (HIES) used to estimate poverty in the Federated States of Micronesia (FSM) was conducted in 2013-2014. Using the World Bank's definitions for data deprivation,...
Type: BriefReport#: 196083Date: October 1, 2024Author:
World Bank
The World Bank is financing the Ulaanbaatar Sustainable Urban Transport Project (USUTP) which started implementation in June 2021 and is scheduled to be completed in December 2026. The project will help...
Type: ReportReport#: 195703Date: October 1, 2024Author:
World Bank
Guatemala has grown steadily in recent years with sound macroeconomic performance but with poor social outcomes, due to low and ineffective social expenditure and low productivity. Addressing these challenges...
Type: BriefReport#: 194019Date: October 1, 2024Author:
World Bank
Nicaragua's economy grew by 4.6 percent in 2023, primarily driven by the services sector. Prudent fiscal and macroeconomic policies have supported growth and lowered inflation to 4.8 percent by mid-2024,...
Type: BriefReport#: 194025Date: October 1, 2024Author:
World Bank
Mexico’s real GDP growth is expected to moderate to 1.7 percent in 2024 and 1.5 in 2025 before converging to its potential by 2026. Poverty is projected to decline slowly through 2026. The country needs...
Type: BriefReport#: 194024Date: October 1, 2024Author:
World Bank
St. Vincent and the Grenadines (SVG) is projected to grow at 5 percent in 2024, supported by a robust performance in tourism, recovery in agriculture, and implementation of large-scale infrastructure projects....
Type: BriefReport#: 194030Date: October 1, 2024Author:
World Bank
After experiencing a once-in-a-century drought in 2023, Uruguay’s growth is projected to rebound to 3.2 percent in 2024, driven by agricultural exports. Cellulose production is also expected to increase...
Type: BriefReport#: 194033Date: October 1, 2024Author:
World Bank
As one of the world’s smallest yet richest countries, a comprehensive fiscal and economic reform is necessary to support sustainable growth and address structural challenges. With oil and gas comprising...
Type: BriefReport#: 194044Date: October 1, 2024Author:
World Bank
Jordan has maintained macroeconomic stability despite regional turmoil. Growth slowed to 2.0 percent in the first quarter of 2024, while headline inflation averaged 1.7 percent over the first seven months....
Type: BriefReport#: 194043Date: October 1, 2024Author:
World Bank
Economic activity continues to perform well despite OPEC+ oil production cuts, driven by the expansion of nonhydrocarbon activities, notably in construction, manufacturing, and services, but fiscal revenues...
Type: BriefReport#: 194048Date: October 1, 2024Author:
World Bank
One year since the outbreak of the Middle East conflict, centered in Gaza, the Palestinian territories have experienced a historic economic decline. In Gaza, the economy has plunged into the deepest recession...
Type: BriefReport#: 194049Date: October 1, 2024Author:
World Bank
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