Economy, Finance and Trade

The economy will see only limited growth in 2018. Modest growth in the non-oil sector, increases in public spending and gains in private final consumption provide limited support. Inflation is falling but remains in double digits. The workforce is ...

Haiti is the poorest country in the Americas and one of the poorest in the world. Public expenditure is rising as a result of post-hurricane reconstruction. Progress on reconstruction, however, is slow. Private consumption is contracting. A weak ...

Hungary’s economy is beginning to cool. The expansion in domestic demand, driven by household consumption and expansion in investment, will continue to play an important role in domestic growth. Consumption growth is supported by a rise in real ...

The economy will enjoy mdoderate growth in 2019. Growth will be supported by increased policy support as the recent monetary policy easing and increased government spending are expected to lift domestic demand. Consumption is set to slow as net ...

Slovenia’s economy will grow at a weaker pace in 2019. Private consumption will be supported by continued income gains from real wage and employment growth, while private investments will be underpinned by the business sector’s need to expand ...

Zimbabwe’s economy will slow sharply in 2018. The economy is experiencing cash shortages, increasing fiscal constraints and a decline in capital inflows and exports. Capital flight and the slow pace of reforms are other drags. Prices are rising but ...

Uruguay’s economy will slow in 2019. The downturn in Argentina will lead to a moderation in exports, whilst high unemployment, stagnant wages and a depreciating peso will hamper domestic demand. Investment is expected to strengthen, supported by the ...

The economy is growing at a steady pace. In 2018, real GDP is expected to rise by 4.0%. The major drivers are several large infrastructure projects, strong gains in tourism and a steady performance in agriculture. Most of the labour force is employed...

Venezuela’s economy will contract again in 2019. Hyperinflation and severe structural weaknesses are only part of the reason for the continuing decline. Cash shortages, power shortages and the suspension of lending by Chinese banks are other ...

The Austrian economy will cool slightly in 2019. Economic growth is supported by robust domestic demand, in particular from private consumption. Export growth is suffering from weak growth in trading partners, especially in the key export markets, ...

Serbia’s economy will lose some momentum in 2019, but growth will still be healthy. Weaker external demand has been offset by stronger domestic demand. During the remainder of 2019, growth will be be supported by strong FDI, continued public ...

The Israeli economy continues to grow at a solid pace. Gas exports from the new Leviathan field and population growth will contribute to growth. A weak external sector is affected by global trade tensions and regional geopolitics – notably tensions ...

Bhutan’s economy continues to grow at healthy pace. The growth in the economy is driven by the commissioning of the 740-megawatt Mangdechhu hydropower plant, continued improvements in tourism supported by new government programs, sustained momentum ...

French Guiana is one of the poorest countries in the Caribbean. Supported by steady gains in private consumption, the economy is growing at a moderate pace. French Guiana is closely tied to France through imports and subsidies. The European Space ...

Egypt’s economy will see solid growth in 2020. Growth will be supported by higher government spending, improved ease of doing business and lower interest rates. The fallout of the COVID-19 outbreak and global trade tensions are downside risks Growth ...

The economy’s rate of growth will be steady in 2020. Investment will be a key driver of growth, aided by tax reforms and ambitious infrastructure projects. Low interest rates will support consumption, while unemployment will start falling. High ...

India’s growth will decelerate in 2020. The new income-support scheme for farmers and a good monsoon are supporting private consumption. The cut in corporate income tax will support corporate investment. Inflation and the current account deficit will...

During 2019, the region’s economy grew slightly and growth will also be weak in 2020. The economic and social fallout associated with coping with the COVID-19 pandemic will limit real growth in 2020. Domestic demand will be restricted, particularly ...

Mexico’s economy will experience weak growth in 2020. Robust remittances, increases in minimum wages and declining inflation will boost consumption. Investment has been weak but will gradually strengthen on the back of lower interest rates. Export ...

The economy will grow sluggishly in 2020. Private consumption will remain resilient, supported by low unemployment. A gloomy global environment will weigh on investment and trade, but the current account surplus will remain large. Inflation will be ...