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Growth in 2025 was supported by strong mining activity and lower inflation due to moderation of global prices of food and fuel. Investments to develop the Colluli potash mine and upgrade Eritrea’s power stations are expe...
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Growth momentum is robust, driven by infrastructure investment and agricultural recovery. Labor markets remain weak, with high inactivity and unemployment. Fiscal consolidation progresses but spending pressures could str...
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Driven by a modest recovery in agriculture, growth is projected at 2.3 percent in 2026, a contraction in per capita terms. Ongoing fiscal consolidation and debt restructuring are expected to place public debt on a gradua...
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While growth remains robust, the Middle East conflict is introducing heightened economic risks for Saudi Arabia, potentially slowing progress towards its Vision 2030. Elevated uncertainty may weigh on recent growth momen...
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GDP growth accelerated to 8.1 percent in 2025, driven by services and industry, and is projected to moderate to 7.1 percent in 2026–28. Inflation eased to 1.1 percent but will rise due to rising global fuel prices. Pover...
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Economic growth was volatile over 2018–2024, rebounding strongly in 2023–2024 after contractions in 2020–2022. GDP growth reached 10.5 percent in 2024, while inflation eased to 3.6 percent after peaking at 12.0 percent i...
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Growth accelerated to 3.1 percent in 2025, driven by infrastructure investment and tourism, and is expected to remain robust despite moderation as major projects conclude, reflecting increased productive capacity. The fi...
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GDP growth moderated to 1.8 percent in 2025 and is expected to converge to around 2.0 percent over the medium term, supported by domestic demand. Inflation fell to 3.6 percent year-over-year in 2025, within the central b...
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Real GDP grew 3.8 percent in 2025, driven by consumption fueled by record-high remittances and robust coffee exports. In 2026, growth is projected to slow to 3.4 percent with declining remittances and rising inflation mo...
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Growth moderated to 2.1 percent in 2025, reflecting weak construction and subdued investment, partially offset by solid performance in agriculture and mining. Rising remittances, resilient labor market conditions, and st...
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Growth accelerated to 4.6 percent in 2025 on resilient exports, but it is projected to moderate to 3.6–3.7 percent over 2026–2028 as external demand eases. While fiscal consolidation has continued, revenue growth has fla...
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Barbados’ tourism-dependent, import-heavy economy remains exposed to external and climate shocks. Growth cooled in 2025 as domestic demand normalized, but with stable prices, resilient tourism, job creation, and modest f...
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Economic growth remained strong in 2025, reaching 11.1 percent, supported by robust private consumption and investment. Rapid growth continued to generate price pressures, with average inflation rising to 8.2 percent. Th...
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Growth slowed in 2025 but remained broadly robust. Stronger export revenues and external financing helped rebuild foreign reserves, stabilized the Congolese franc, and supported a decline in inflation. However, the inten...
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Zambia’s economy is resilient despite shocks—thanks to ongoing reforms supporting macroeconomic stability, debt sustainability, and fiscal discipline. Real GDP growth is projected to average 4.7 percent in 2026–2028, ref...