World Bank economists forecast that the MENA region will grow by 5.5 percent in 2022 (the fastest rate since 2016) and by 3.5 percent in 2023. This average growth masks uneven patterns across countries. In the GCC, growth is expected to accelerate to 6.9 percent in 2022, driven by high oil prices as well as higher growth rates in non-oil sectors. Developing oil exporters are forecast to experience trends similar to those of the GCC, but at lower levels—...
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DETAILS
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2022/09/30
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Report
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182876
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1
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2023/06/15
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Disclosed
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MENA Economic Update - A New State of Mind: Greater Transparency and Accountability in the Middle East and North Africa
Citation
World Bank.
MENA Economic Update - A New State of Mind: Greater Transparency and Accountability in the Middle East and North Africa (English). MENA Economic Update Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099061523112537158