World bank economic outlook 2017 pdf

World banks economic outlook for myanmar in 6 points. The world bank forecasts global growth to slow to 2. After the 2012 slowdown global economic growth is expected to pick up gradually through 2017. The ieo2017 is the first ed ition of this report to include mo del results through 2050, which are available on the ieo page of the eia website. Nevertheless, growth is still expected to be lower than in the five years prior to 2008, and a number of concerns still weigh heavily on these forecasts. The nbe raised the floor on time and savings deposits from 5 to 7 percent and reduced the 2017 18 target growth of base money. Wor l d econom i c a nd f i na n ci a l s ur v ey s world economic outlook april 2017 gaining. Global economic prospects is a world bank group flagship report that examines global economic developments and prospects, with a special focus on emerging market and developing countries, on a semiannual basis in january and june. Industrial organization and pricesetting at producer level july 2008. The report includes countryspecific threeyear forecasts for major macroeconomic indicators, including commodity and financial markets. Maurice obstfeld, chief economist at international monetary fund, discusses the imfs world economic outlook, with a focus on china, the postbrexit u. World economic outlook, selected topics 273 imf executive board discussion of the outlook, october 2017 283 tables table 1.

Global growth to pick up slowly through 2017, but downside factors still remain. Global economic prospects, january 2017 weak investment in. Due to the high level of uncertainty in current global economic conditions, the april 2020 weo database and statistical tables contain only these indicators. Table 2 oman macro outlook indicators annual percent change unless indicated otherwise 2014 2015 2016 e 2017 f 2018 f 2019 f real gdp growth, at constant market prices. Global growth, which in 2016 was the weakest since the global financial crisis at 3. While growth could be stronger if reduced trade tensions mitigate uncertainty, the. Nevertheless, growth is still expected to be lower than in the five years prior to 2008, and a. The global economic prospects gep is the world banks semiannual flagship publication on the state of the world economy. International monetary fund, world economic outlook. Macroeconomic performance and outlook gabons economic recovery continued in 2019, thanks to the momentum of nonoil activities mines, timber, rubber, and palm oil, with estimated real gdp growth of 3.

Explore the collection of 2017 and 2018 highly cited articles from the world bank research observer. Global growth again fell short of expectations in 2015, slowing to 2. Some developing countries central banks may thus have to weigh monetary policy. Growths fundamentals are also improving, with a gradual shift from private consumption toward investment and exports. World population prospects department of economic and. The report also highlights significant allocations from the 201718 budget to various sectors of the economy. Global economic outlook world economic forum annual. Global economic prospects june 2017 chapter 1 5 recovery will be broadbased, impacting nearly 70 percent of commodity exporters in 2017. Global economic prospects open knowledge repository world. The database contains 1,600 time series indicators for 217 economies and more than 40 country groups, with data for many indicators going back more than 50 years. Ease of doing business report released by the world bank. Advanced economy growth is expected to accelerate to 1. Correlates of growth projections, emdes, 201722 46 annex table 1.

Jun 18, 2019 however, the world bank expects myanmars economic growth will have a slight pickup in the 201819 fiscal year, rising to 6. Bank credit to the private sector once again edged up, growing at 24. The globally synchronized economic expansion will continue through yearend 2017. In a nutshell, the outlook for the global economy has darkened, amid slowing activity and heightened downside risks. Indonesian economic outlook bank sentral republik indonesia. The kenya economic outlook 2017 report provides an. Political environment tanzania has continued to enjoy political stability since it became independent in the early 1960s. The report also highlights significant allocations in the 201718 budget to various sectors of the economy. Download pdf about economic and financial market outlook. All queries on rights and licenses should be addressed to world bank publications, the world bank group, 1818 h street nw, washington, dc 20433, usa. Chinese the world bank forecasts that global economic growth will strengthen to 2. Global economic prospects june 2017 global outlook. Subdued investment in emerging market and developing economies emdes is dampening potential growth prospects. School enrollment, primary and secondary gross, gender parity index gpi terrestrial and marine protected areas % of total territorial area total greenhouse gas emissions kt of co2 equivalent urban population.

This work is a product of the staff of the world bank with external contributions. Stronger activity, expectations of more robust global demand, reduced deflationary pressures, and optimistic. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. Official symbols of united nations documents are composed of capital letters combined with numbers, as illustrated in the above citation. Overview of the world economic outlook projections 14 scenario table 1. The timorese authorities have revised the compilation. World banks global economic prospects world bank group. Global economic activity is picking up with a longawaited cyclical recovery in investment, manufacturing, and trade, according to chapter 1 of this world economic outlook. The first is the economic outlook, a key driver for loan demand and investment opportunities. Iraqs economic outlook is expected to improve under the assumption of a more favorable security environment, and continued fiscal consolidation.

However, the world bank expects myanmars economic growth will have a slight pickup in the 201819 fiscal year, rising to 6. Change from wesp 2016 annual percentage change 2014 2015 2016. Nov 06, 2017 the globally synchronized economic expansion will continue through yearend 2017. Bank lending to the construction and real executive summary 3 cambodia economic update may 2019. Asian development outlook 2017 was prepared by staff of the asian development bank adb in the central and west asia department, east asia department, pacific department, south asia department, southeast asia department, and economic research and regional cooperation department, as well as in adb resident missions. For the first time in a decade, investment accounted for more than half the continents growth. Latin american economic outlook 2017 youth, skills and entrepreneurship youth progress skills education growth innovation middle class challenge technol gy opportunities. United nations, department of economic and social affairs, population division 2017. The global upswing in economic activity is strengthening, with global growth projected to rise to 3.

The graphics in this presen tation focus on projections through 2040. According to the latest ubos report on the key economic indicators, real gdp for the. While growth could be stronger if reduced trade tensions mitigate uncertainty, the balance of risks is to the downside. Home publication monetary policy indonesian economic outlook. The world development indicators is a compilation of relevant, highquality, and internationally comparable statistics about global development and the fight against poverty. Political environment the economic intelligence unit eiu predicts that political. The contribution of increased equity to the estimated social benefits from a transfer program. Projections for these indicators are provided only through 2021. Economic growth is expected to decline in the forecast period. Eias international energy outlook 2017 ieo2017 presents an assessment of longterm world energy markets. The african economic outlook 2017 presents the continents current state of affairs and forecasts its situation for the coming two years. Iraq s economic outlook is expected to improve under the assumption of a more favorable security environment, and continued fiscal consolidation. The world bank research observer seeks to inform nonspecialist readers about research being undertaken within the bank and outside the bank in areas of economics relevant for development policy highly cited articles. The world is expected to enter a period of recovery after the great recession of 2007 to 2012, mostly pulled up by the developing markets of asia, africa and latin america.

As a result, growth in commodity exporters is projected to rise from 0. The team would also like to express gratitude to cybil maradza consultant for the design and layout. Risks to the global outlook remain tilted to the downside. World bank east asia and pacific economic update, october 2019. The kenya economic outlook 2017 report provides an overview of kenyas economic environment and key sectors. The nonoil economy after three years of contraction is expected to rebound in 2017 due to improved security and higher nonoil investment spending.

The tanzania economic outlook 2017 report provides an overview of tanzanias economic environment and key sectors. The world bank provides lowinterest loans, zero to lowinterest credits, and grants to developing countries. Official symbols of united nations documents are composed of capital letters combined with numbers, as. The world bank team welcomes feedback on the ethiopia economic update. Prudent monetary policy, stricter financial sector regulation. Apr 15, 2017 this africas pulse newsletter includes the following the economic outlook for subsaharan africa remains robust, but growth is vulnerable to lower commodity prices and a slowdown in capital flows, the frequency and strength of growth spurts have increased, and growth has shifted the structure of african economies in favor of the resources and.

The oecd economic outlook is the oecds twiceyearly analysis of the major economic trends and prospects for the next two years. Pakistan global economic prospects examines trends for the world economy and how they affect developing countries. Global economic prospects june 2017 global outlook world bank. However, lingering fiscal and external adjustment needs dampen growth prospects in a number of countries. These include increased trade protectionism, elevated economic policy uncertainty, the possibility of financial market disruptions, and, over the longer term, weaker. Assumed policy actions relative to the weo baseline 36 table 1.

Egypt has embarked on a major economic reform program, including the liberalization of the exchange rate regime, fiscal consolidation measures and reforms to the business environment. Gdp growth in lowincome countries is projected to recover to 5. The global upswing in economic activity is strengthening. Thats positive news and pretty amazing when you consider how much the world has changed since 2017. An indepth analysis of the key drivers of economic activity in canada and the us including a discussion of global factors that will affect these near term forecasts. Some infrastructure investments are also likely to be put on hold. The war in syria rages on and europe is at crossroads between. This reflects a moderate recovery in oil and metals exporters toward their long term average growth. Real gdp growth projections have been revised downwards to 1. With 189 member countries, staff from more than 170 countries, and offices in over locations, the world bank group is a unique global partnership. Global economic prospects open knowledge repository. This africas pulse newsletter includes the following the economic outlook for subsaharan africa remains robust, but growth is vulnerable to lower commodity prices and a slowdown in capital flows, the frequency and strength of growth spurts have increased, and growth has shifted the structure of african economies in favor of the resources and. German jeremias reyes and liliana sousa from the world bank poverty global practice for their generosity in sharing their databases and insights, and their. World economic outlook international monetary fund.

The european union increased real gdp by a similar 0. World development indicators wdi is the primary world bank collection of development indicators, compiled from officially recognized international sources. On 20 march 2017, the central bank of kenya cbk retained the central bank rate cbr rate at 10% so as to anchor prevailing uncertainties such as rising inflation and the impact. According to the latest ubos report on the key economic indicators, real. Risks to the outlook remain firmly on the downside, including the possibility of escalating trade tensions. Latin american economic outlook 2017 youth, skills and entrepreneurship youth progress skills education growth innovation middle. This annual report examines africas performance in crucial areas. In addition to discussing global and regional prospects, this edition includes several pieces on. Oecd economic outlook 100 database, oecd longterm baseline projections 96, national bureau of statistics, china statisticalyearbook 2016. Broadbased upward revisions in the euro area, japan, emerging asia, emerging europe, and russia more than offset downward revisions for the united states and the united kingdom.