After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of last year, reflecting a confluence of factors affecting major economies. China’s growth declined
Economic growth in Sub-Saharan Africa is estimated to have decelerated from 2.5 percent in 2017 to 2.3 percent in 2018, below the rate of growth of population for a fourth consecutive year. Regional growth
Kenyan households that are exclusively engaged in agriculture contributed 31.4% to the reduction of rural poverty, and agriculture remains the largest income source for both poor and non-poor households
South Asia remained the fastest growing region in the world last year, but growth remained driven by domestic demand – and not exports – which resulted in another year of double-digit volume growth of
The relatively stable economic performance of Asia and the Pacific conceals increasing downside risks to regional progress in implementing the 2030 Agenda for Sustainable Development. In an era of uncertainty,
In 2018, real GDP in East Africa grew by an estimated 5.7 percent, slightly less than the 5.9 percent in 2017 and the highest among African regions. Economic growth is projected to remain strong, at 5.9
The Southern Africa economy is projected to grow slower than others in the continent—at 2.2 percent in 2019 and 2.8 percent in 2020. At the heart of this slow growth are the major headwinds of high inflation,
Overall economic growth in West Africa is projected to be at 3.6 percent in 2019 and 2020, boosted by the recovery of commodity prices and improved production and service sectors in the region, although
In 2018, the GDP growth rate in Central Africa accelerated slightly, to 2.2 percent from 1.1 percent in 2017, but remained below the African average of 3.5 percent. Central Africa’s growth was driven primarily
Growth in developing Asia is projected to soften to 5.7% in 2019 and 5.6% in 2020. Excluding Asia’s high-income newly industrialized economies, growth is expected to slip from 6.4% in 2018 to 6.2% in 2019
