The European Union (EU) Regular Economic Report (RER), is an annual publication of the World Bank Group and covers economic developments, prospects, and economic policies in the European Union. The report finds that while growth is back on track, the bottom 40 percent of the income distribution...

The ongoing health and security crisis have partly undermined the benefits from past years of strengthening economic growth. Sustaining an upward trend over the recent years, real growth stood at 5.9 percent in 2019. However, it fell to 3.6 percent in 2020, because of the pandemic and...

The report and the summary review the recent economic and fiscal performance of Mongolia; outline current medium-term prospects of Mongolia's economy; discuss short-term risks and structural vulnerabilities; and comment on the efficiency of past public investment programs and practices

Mali is a low-income, fragile country that has suffered extraordinary setbacks in recent years. It is a landlocked economy which is highly dependent on agriculture, and thus vulnerable to external shocks and adverse weather condition. With a per capita gross domestic product (GDP) of US 875...

This is a semi-annual report series on recent economic developments and economic policies in the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro, and Serbia). The report looks at the economic performance and outlook for the Western Balkans region and specific...

Jordan's economy achieved a relatively strong rebound, registering 2.2 percent growth in 2021. The nascent recovery was led by a broad-based expansion of the services and industrial sectors, while the rebound in the travel and tourism also exceeded expectations. This robust economic recovery was...

Bolivia made substantial progress in reducing poverty and inequality during the commodity boom, and despite the adverse external context of the past five years, poverty reduction continued, albeit more slowly. Expansionary policies allowed the country to continue growing and reducing poverty...

Sao Tome and Principe (STP), a small island nation of 215,000 people in the Gulf of Guinea off the coast of Central Africa, is in many ways a country of great untapped wealth. One of Africa's least known countries, its striking volcanic landscape is home to virgin rainforests with rich...

Systematic Country Diagnostics (SCDs) analyze the most critical constraints and opportunities to ending extreme poverty and promoting shared prosperity in a sustainable manner. The first SCD for Egypt was published in 2015. A lot has happened since then, so this SCD Update takes advantage of a...

Amid the Coronavirus (COVID-19) pandemic, Sri Lanka's economy contracted by 3.6 percent in 2020, the worst growth performance on record, as is the case in many countries fighting the pandemic. Swift measures enacted by the government in the second quarter helped contain the first wave of...