Despite a challenging global environment, Jordan's growth exceeded expectations during the first half of 2022. Propelled by a strong rebound in international tourism, the full reopening of the economy, and improving exports, real GDP accelerated to 2.7 percent. However, the rebound in economic...

The Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. This edition was published in June 2019. It follows eight previous editions of the MEM and is part of an ongoing series, with future editions to follow twice each year. The aim of the...

Pakistan is facing yet another balance of payment crisis. Authorities have taken some corrective measures and negotiated a 39-month stabilization program with the International Monetary Fund (IMF). Nonetheless, inflationary pressures increased during FY19. Current account deficit narrowed as...

Malaysia's economic growth expanded strongly in first quarter (1Q) 2017. Gross domestic product (GDP) growth rate for 2017 is expected to accelerate to 4.9 percent, slightly above the government's current projection range of 4.3 to 4.8 percent. The current account surplus has declined (1Q 2017:...

This regular economic report records the economic activities of Uzbekistan for the year 2013-2014. Uzbekistan's outlook remains largely dependent on commodity prices. The chief external factors affecting economic performance of Uzbekistan are favorable global commodity price trends for gold,...

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 and external balances into a surplus in 2021. The turnaround in oil markets has significantly improved Iraq's economic...

Thailand's economic growth slowed to 2.4 percent in Q3 2019, driven by cyclical factors, notably weak external demand and heightened global uncertainty. The downturn has also exposed structural constraints, which is reflected in the sluggish growth of public and private investments....

Economic activity bounced back in Q1 2023 with the removal of mobility restrictions and a surge in spending on services. However, growth momentum has slowed since April, indicating that China's recovery remains fragile and dependent on policy support. China's GDP growth is projected to rise to a...

Kenya is one of the bright spots in Sub-Saharan Africa. With economic growth rates sustained at above 5 percent, Kenya has outperformed the regional average, for 8 consecutive years. Robust domestic demand emanating from private consumption and government investment are the key drivers of...

This regular economic report records the economic activities of Azerbaijan for the year 2013-2014. Economic growth continued to be powered by spending of previously accumulated oil-related proceeds, although the stabilization of oil production also helped. The non-oil sector grew by 10 percent...