Economy, Finance and Trade

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 ...

The economy will grow slightly in 2020. Growth will be driven by recovering domestic demand, supported by lower inflation and interest rates and greater availability of credit from state banks. Industrial production should continue to recover, as ...

The economy will grow slightly in 2020. Growth will be driven by recovering domestic demand, supported by lower inflation and interest rates and greater availability of credit from state banks. Industrial production should continue to recover, as ...

Romania’s economy will moderate but still grow at a healthy pace. While wages will return to single-digit growth, private consumption is expected to remain robust, sustained by significant increases in public pensions. The trade deficit will increase...

In the light of the latest tranche of US sanctions, the economy is predicted to fall in 2019. The sanctions particularly target Iran’s oil sector, as well as its shipping and financial sectors, and oil production has fallen markedly. On the upside, ...

Growth in the Japanese economy will be lacklustre in 2019. Activities related to the 2020 Tokyo Olympics will be the main driver. However, private consumption remains weak, and the consumption tax rise will be mitigated by fiscal measures. The trade ...

Mauritania’s economy is seeing moderate growth. Gains in private final consumption will be the main driver in 2019. Exports, however, have fallen for the past several years. A modest programme of fiscal consolidation is another drag. The external ...

Economic growth will be solid in 2020. Domestic demand will remain relatively strong, notably due to private consumption, which will be held up by a resilient labour market with historically low unemployment. Inflation will remain above 2% as the ...

The Solomon Islands is one of the least developed countries in the Pacific, but has the third-largest population in the region and is experiencing rapid population growth. More than two-thirds of the economically active population is unemployed. The ...

Over the past ten years, real growth of GDP has averaged less than 2.0% per year. However, the economy has improved in recent years. Much of the support came from a thriving agricultural sector. Real GDP is expected to grow by 3.2% in 2018, supported...

The economy will experience moderate growth in 2019. A strong crop yield will lead exports. Domestic demand will also be buoyant, supported by higher wages and looser monetary policy. The pace of growth also depends on the speed of reforms by the new...

Nigeria’s economy will experience moderate growth in 2019. A looser fiscal policy, public spending and stronger household consumption, following an expected increase in the minimum wage, should be important drivers. The slide in oil prices and cuts ...