South Asia is expected to remain the world’s fastest-growing region, thanks to robust growth in India. However, this strong outlook is deceptive. For most countries, growth is still below...
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Most economies in developing East Asia and Pacific (EAP) are growing faster than the rest of the world but slower than before the pandemic. Slowing global growth, still tight financial...
The World Bank Afghanistan Economic Monitor provides a summary of the latest economic developments and key economic indicators. Drawing from a range of data sources, including real-time data...
Highlights:
The drought slowed down an already limited economic recovery in the first half of 2023
The sixth consecutive year of below-average rainfall compromised Tunisia’s agricultural production...
Highlights on food security:
Consumer prices continue to decrease because of persistent economic weakness and reduced demand, prolonging the deflationary trend that began in April 2023. Half...
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The Asia-Pacific region remains a key driver of global growth in 2023, despite facing headwinds from changing global demand from goods to services and tighter monetary policies...
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Growth in the Middle East and Central Asia (ME&CA) is slowing, with growth for the region projected at 2.0 percent in 2023 (down from 5.6 percent last year) before...
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2023 has been a difficult year for activity in sub-Saharan African economies. The inflationary shock following Russia’s war in Ukraine has prompted higher interest...
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After peaking in Mid-2022, inflation turned into deflation since April 2023, driven by the easing of supply constraints and wider availability of goods in markets. About two-thirds of...
The Russian Federation’s war with Ukraine has triggered a catastrophic humanitarian crisis and threatened the stability of geopolitical relations. Economic output in the Europe and Central Asia region is forecast...