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Highlights: In 2024Q1, global domestic food price inflation was 4.9 percent, down from 5.7 percent in 2023Q4. Decreasing international prices of various agricultural commodities...

Motivated by the deterioration in global food security conditions, this paper develops a parsimonious machine learning model to derive a multi-year outlook of global severe food insecurity from macro-economic...

Highlights: This report includes a Special Focus section that provides a preliminary assessment of the potential impact of the conflict in the Middle East on commodity prices. It finds that the effects of...

Highlights: Iraq’s economy continued its recovery after the sharp, pandemic-induced recession in 2020 but growth constraints in the oil sector have reemerged. After moderating in...

Key findings include the following points, in particular regarding the impacts of COVID-19 on poverty and inequality: The Philippines has made significant progress in reducing poverty, but income...

Part A: Recent Economic Developments and Outlook The Lao economy is facing increased challenges from a sharp currency depreciation and high inflation, amid a deteriorating global economic...

The World Bank’s new Iraq Economic Monitor, A New Opportunity to Reform finds that high oil prices have boded well for Iraq’s economy pushing fiscal...

Highlights Iraq’s economy is gradually emerging from the deep recession caused by the pandemic and the plunge in oil prices in 2020. Higher oil revenues pushed Iraq’s overall fiscal...

Chad’s gross domestic product (GDP) contracted by 1.2 percent in 2021 - the second consecutive year of recession - driven by a two-month suspension of oil production...

The objective of this report is to update the Government of The Gambia, think-tanks and researchers, the public, and the World Bank’s senior management on the state of the Gambian economy and its outlook, together with the structural reforms...