Growth is projected to reach 2.8 percent
in 2024, gradually converging towards its medium-term
potential. The government has made progress in advancing
structural reforms,...
Type: BriefReport#: 194010Date: October 1, 2024Author:
World Bank
Real GDP grew 3.6 percent in 2023,
driven by robust remittance-fueled consumption and strong
private investment. Growth is expected to slow down slightly
to 3.5 percent...
Type: BriefReport#: 194022Date: October 1, 2024Author:
World Bank
The growth momentum was sustained in the
first half of 2024 despite moderating household consumption.
Domestic demand was buoyed by higher public consumption and
investment....
Type: BriefReport#: 193979Date: October 1, 2024Author:
World Bank
Paraguay’s economy is
expected to grow by 3.9 percent in 2024, supported by a
healthy soybean harvest. Growth would be faster if not for
uneven rainfall, which...
Type: BriefReport#: 194027Date: October 1, 2024Author:
World Bank
Economic growth is projected to remain
robust over the medium term, driven by strong performance in
the tourism sector. However, long-standing fiscal and
external imbalances,...
Type: BriefReport#: 194064Date: October 1, 2024Author:
World Bank
This edition of the Macro Poverty
Outlooks periodical contains country-by-country forecasts
and overviews for GDP, fiscal, debt and poverty indicators
for the developing...
Type: ReportReport#: 193964Date: October 1, 2024Author:
World Bank
The economies of Samoa, Tonga, and
Vanuatu expanded in FY23, largely driven by a resurgence in
travel and reconstruction activities while benefitting from
remittances....
Type: BriefReport#: 193981Date: October 1, 2024Author:
World Bank
Saint Lucia's economy, which is
reliant on tourism, faces ongoing challenges from the
pandemic's impact, high import prices, and natural
disasters. Economic growth was...
Type: BriefReport#: 194029Date: October 1, 2024Author:
World Bank
Growth remained strong in 2023 and the
first quarter of 2024, bolstered by rising industrial and
agricultural production, along with resilient services.
Inflation has...
Type: BriefReport#: 194088Date: October 1, 2024Author:
World Bank
GDP growth is projected to increase to
3.7 percent in 2024 (1.1 percent per capita), from 3.0
percent in 2023, supported by services and agriculture.
Inflation is projected...
Type: BriefReport#: 194090Date: October 1, 2024Author:
World Bank
Economic growth is expected to slow to
4.0 percent in 2024 due to subdued activity in agriculture
and extractive sectors. Despite fiscal consolidation
efforts, pressures...
Type: BriefReport#: 194122Date: October 1, 2024Author:
World Bank
Despite a subdued global backdrop, the
Indian economy expanded by 8.2 percent in FY23-24,
reflecting strong growth in manufacturing and construction.
This strong momentum...
Type: BriefReport#: 194063Date: October 1, 2024Author:
World Bank
Afghanistan's economy grew by 2.7
percent in FY2023-2024, partially recovering from a 27
percent contraction following the Taliban's takeover.
Growth in agriculture,...
Type: BriefReport#: 194060Date: October 1, 2024Author:
World Bank
Cambodia’s real GDP growth is
projected to reach 5.3 percent in 2024, compared to 5.0
percent in 2023, driven mainly by services and goods
exports. Amid the economic...
Type: BriefReport#: 193967Date: October 1, 2024Author:
World Bank
The economy is expected to grow by 3.7
percent in 2024, driven by tourism, telecommunications, and
construction. Commitment to fiscal consolidation is expected
to result...
Type: BriefReport#: 194128Date: October 1, 2024Author:
World Bank
A severe drought has impacted 9.8
million people, with 6.6 million requiring urgent relief.
Real GDP growth is projected to decelerate to 2.0 percent in
2024, worsening...
Type: BriefReport#: 194137Date: October 1, 2024Author:
World Bank
GDP growth in 2023 is at 5.3 percent and
is projected to slow to 2 percent in 2024 due to weak
agriculture on the back of severe drought conditions. While
the introduction...
Type: BriefReport#: 194138Date: October 1, 2024Author:
World Bank
Diversification efforts are well
underway, with a robust performance of the non-hydrocarbon
sector. Sustained fiscal reforms have helped improving
fiscal and current...
Type: BriefReport#: 194037Date: 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...
Type: BriefReport#: 194049Date: October 1, 2024Author:
World Bank
This edition of the Macro Poverty
Outlooks periodical contains country-by-country forecasts
and overviews for GDP, fiscal, debt and poverty indicators
for the developing...
Type: ReportReport#: 193963Date: October 1, 2024Author:
World Bank
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