Middle East and North Africa Economic Update — October 2022
World Bank economists forecast that the Middle East and North Africa (MENA) region will grow by 5.5% in 2022 (the fastest rate since 2016) and by 3.5% in 2023. Growth, however, will be uneven across country groups.
MENA Economic Update - World Bank Group
This edition of the World Bank MENA Economic Update estimates that the Middle East and North Africa (MENA) region’s economies will grow by 5.2% in 2022, the fastest rate since 2016. However, uncertainty reigns with the unpredictable course of the war in Ukraine and the scientific uncertainty about the evolutionary path of the virus that ...
MENA Economies Grow by 5.5% But Benefits are Uneven - World Bank …
The economies of the MENA region are expected to grow by 5.5% this year — the fastest rate since 2016 — followed by a slowing of growth to 3.5% in 2023. Yet this growth is uneven across the region.
The tale of two MENA’s has come to an end with a return to pre -pandemic low growth in 2023. Oil exporters and oil importers in MENA grew at comparable rates in 2023 and are expected to remain this way in 2024. The conflict has led to massive loss of life and one of the largest economic shocks in recent history. GDP in Gaza
Regional Economic Outlook: Middle East and Central Asia - IMF
Projected growth in the MENA region this year is downgraded by 0.5 percentage point to 2.9 percent (relative to the October 2023 Regional Economic Outlook: Middle East and Central Asia), from already weak growth of 2.0 percent in 2023.
Regional Economic Outlook: Middle East and North Africa - IMF
2024年1月31日 · Primarily driven by the ongoing conflict in Sudan, average growth across low-income countries (LICs) in MENA is forecast to remain negative this year, continuing the estimated sharp decline in 2023. Disinflation is expected to continue in most MENA economies, although price pressures have proven persistent in some cases because of country ...
MENA to grow at 5.5%, fastest since 2016 as oil boosts Gulf
DUBAI, Oct 5 (Reuters) - The Middle East and North Africa region is expected to post economic growth of 5.5% in 2022, the fastest pace since 2016, before slowing to 3.5% growth next year, the...
MENA Economic Update (April 2022) - ReliefWeb
WASHINGTON, April 14, 2022 — Economies in the Middle East and North Africa (MENA) region are expected to grow by 5.2% in 2022, the fastest rate since 2016, on the back of oil-price windfalls...
MENA Grows Despite Instability - Global Finance Magazine
2024年4月2日 · Despite profound geopolitical uncertainties, MENA growth is expected to increase from 2% in 2023 to 2.9% this year, outpacing Europe and the Americas. The region could have performed even stronger had OPEC+ countries not agreed on production cuts in late 2023.
Middle East and North Africa Economic Update — October 2024
The Middle East and North Africa (MENA) region is expected to grow at 2.2% in 2024, yet the outlook remains subdued amid heightened uncertainty.