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Macro poverty outlook : country-by-country analysis and projections for the developing world : spring meetings 2022
(거시적 빈곤전망 : 개발도상국 국가별 분석과 전망 : 2022년 춘계회의)

목차

Title page

Contents

East Asia and the Pacific 7

CAMBODIA 8

CENTRAL PACIFIC ISLANDS 10

CHINA 12

FIJI 14

INDONESIA 16

LAO PDR 18

MALAYSIA 20

MONGOLIA 22

MYANMAR 24

NORTH PACIFIC ISLANDS 26

PAPUA NEW GUINEA 28

PHILIPPINES 30

SOLOMON ISLANDS 32

SOUTH PACIFIC ISLANDS 34

THAILAND 36

TIMOR-LESTE 38

VIETNAM 40

Europe and Central Asia 42

ALBANIA 43

ARMENIA 45

AZERBAIJAN 47

BELARUS 49

BOSNIA AND HERZEGOVINA 51

BULGARIA 53

CROATIA 55

GEORGIA 57

KAZAKHSTAN 59

KOSOVO 61

KYRGYZ REPUBLIC 63

MOLDOVA 65

MONTENEGRO 67

NORTH MACEDONIA 69

POLAND 71

ROMANIA 73

RUSSIAN FEDERATION 75

SERBIA 77

TAJIKISTAN 79

TURKEY 81

UKRAINE 83

UZBEKISTAN 85

Latin America and the Caribbean 87

ARGENTINA 88

THE BAHAMAS 90

BARBADOS 92

BELIZE 94

BOLIVIA 96

BRAZIL 98

CHILE 100

COLOMBIA 102

COSTA RICA 104

DOMINICA 106

DOMINICAN REPUBLIC 108

ECUADOR 110

EL SALVADOR 112

GRENADA 114

GUATEMALA 116

GUYANA 118

HAITI 120

HONDURAS 122

JAMAICA 124

MEXICO 126

NICARAGUA 128

PANAMA 130

PARAGUAY 132

PERU 134

SAINT LUCIA 136

ST.VINCENT AND THEGRENADINES 138

SURINAME 140

URUGUAY 142

Middle East and North Africa 144

ALGERIA 145

BAHRAIN 147

DJIBOUTI 149

ARAB REPUBLIC OF EGYPT 151

IRAN, ISLAMIC REPUBLIC 153

REPUBLIC OF IRAQ 155

JORDAN 157

KUWAIT 159

LEBANON 161

LIBYA 163

MOROCCO 165

OMAN 167

PALESTINIAN TERRITORIES 169

QATAR 171

SAUDI ARABIA 173

SYRIAN ARAB REPUBLIC 175

TUNISIA 177

UNITED ARAB EMIRATES 179

REPUBLIC OF YEMEN 181

South Asia 183

AFGHANISTAN 184

BANGLADESH 186

BHUTAN 188

INDIA 190

MALDIVES 192

NEPAL 194

PAKISTAN 196

SRI LANKA 198

Sub-Saharan Africa 200

ANGOLA 201

BENIN 203

BOTSWANA 205

BURKINA FASO 207

BURUNDI 209

CABO VERDE 211

CAMEROON 213

CENTRAL AFRICAN REP. 215

CHAD 217

COMOROS 219

DEMOCRATIC REP.OF CONGO 221

REPUBLIC OF CONGO 223

COTE D'IVOIRE 225

EQUATORIAL GUINEA 227

ERITREA 229

ESWATINI 231

ETHIOPIA 233

GABON 235

THE GAMBIA 237

GHANA 239

GUINEA 241

GUINEA-BISSAU 243

KENYA 245

LESOTHO 247

LIBERIA 249

MADAGASCAR 251

MALAWI 253

MALI 255

MAURITANIA 257

MAURITIUS 259

MOZAMBIQUE 261

NAMIBIA 263

NIGER 265

NIGERIA 267

RWANDA 269

SAO TOME AND PRINCIPE 271

SENEGAL 273

SEYCHELLES 275

SIERRA LEONE 277

SOMALIA 279

SOUTH AFRICA 281

SOUTH SUDAN 283

TANZANIA 285

TOGO 287

UGANDA 289

ZAMBIA 291

ZIMBABWE 293

CAMBODIA 8

Table 1. (Omit) 8

Table 2. Cambodia / Macro poverty outlook indicators 9

CENTRAL PACIFIC ISLANDS 10

Table 1. (Omit) 10

Table 2. Central Pacific Islands / Macro poverty outlook indicators 11

CHINA 12

Table 1. (Omit) 12

Table 2. China / Macro poverty outlook indicators 13

FIJI 14

Table 1. (Omit) 14

Table 2. Fiji / Macro poverty outlook indicators 15

INDONESIA 16

Table 1. (Omit) 16

Table 2. Indonesia / Macro poverty outlook indicators 17

LAO PDR 18

Table 1. (Omit) 18

Table 2. Lao PDR / Macro poverty outlook indicators 19

MALAYSIA 20

Table 1. (Omit) 20

Table 2. Malaysia / Macro poverty outlook indicators 21

MONGOLIA 22

Table 1. (Omit) 22

Table 2. Mongolia / Macro poverty outlook indicators 23

MYANMAR 24

Table 1. (Omit) 24

Table 2. Myanmar / Macro poverty outlook indicators 25

NORTH PACIFIC ISLANDS 26

Table 1. (Omit) 26

Table 2. North Pacific Islands / Macro poverty outlook indicators 27

PAPUA NEW GUINEA 28

Table 1. (Omit) 28

Table 2. Papua New Guinea / Macro poverty outlook indicators 29

PHILIPPINES 30

Table 1. (Omit) 30

Table 2. Philippines / Macro poverty outlook indicators 31

SOLOMON ISLANDS 32

Table 1. (Omit) 32

Table 2. Solomon Islands / Macro poverty outlook indicators 33

SOUTH PACIFIC ISLANDS 34

Table 1. (Omit) 34

Table 2. South Pacific Islands / Macro poverty outlook indicators 35

THAILAND 36

Table 1. (Omit) 36

Table 2. Thailand / Macro poverty outlook indicators 37

TIMOR-LESTE 38

Table 1. (Omit) 38

Table 2. Timor-Leste / Macro poverty outlook indicators 39

VIETNAM 40

Table 1. (Omit) 40

Table 2. Vietnam / Macro poverty outlook indicators 41

ALBANIA 43

Table 1. (Omit) 43

Table 2. Albania / Macro poverty outlook indicators 44

ARMENIA 45

Table 1. (Omit) 45

Table 2. Armenia / Macro poverty outlook indicators 46

AZERBAIJAN 47

Table 1. (Omit) 47

Table 2. Azerbaijan / Macro poverty outlook indicators 48

BELARUS 49

Table 1. (Omit) 49

Table 2. Belarus / Macro poverty outlook indicators 50

BOSNIA AND HERZEGOVINA 51

Table 1. (Omit) 51

Table 2. Bosnia and Herzegovina / Macro poverty outlook indicators 52

BULGARIA 53

Table 1. (Omit) 53

Table 2. Bulgaria / Macro poverty outlook indicators 54

CROATIA 55

Table 1. (Omit) 55

Table 2. Croatia / Macro poverty outlook indicators 56

GEORGIA 57

Table 1. (Omit) 57

Table 2. Georgia / Macro poverty outlook indicators 58

KAZAKHSTAN 59

Table 1. (Omit) 59

Table 2. Kazakhstan / Macro poverty outlook indicators 60

KOSOVO 61

Table 1. (Omit) 61

Table 2. Kosovo / Macro poverty outlook indicators 62

KYRGYZ REPUBLIC 63

Table 1. (Omit) 63

Table 2. Kyrgyz Republic / Macro poverty outlook indicators 64

MOLDOVA 65

Table 1. (Omit) 65

Table 2. Moldova / Macro poverty outlook indicators 66

MONTENEGRO 67

Table 1. (Omit) 67

Table 2. Montenegro / Macro poverty outlook indicators 68

NORTH MACEDONIA 69

Table 1. (Omit) 69

Table 2. North Macedonia / Macro poverty outlook indicators 70

POLAND 71

Table 1. (Omit) 71

Table 2. Poland / Macro poverty outlook indicators 72

ROMANIA 73

Table 1. (Omit) 73

Table 2. Romania / Macro poverty outlook indicators 74

RUSSIAN FEDERATION 75

Table 1. (Omit) 75

Table 2. Russian Federation / Macro poverty outlook indicators 76

SERBIA 77

Table 1. (Omit) 77

Table 2. Serbia / Macro poverty outlook indicators 78

TAJIKISTAN 79

Table 1. (Omit) 79

Table 2. Tajikistan / Macro poverty outlook indicators 80

TURKEY 81

Table 1. (Omit) 81

Table 2. Turkey / Macro poverty outlook indicators 82

UKRAINE 83

Table 1. (Omit) 83

Table 2. Ukraine / Macro poverty outlook indicators 84

UZBEKISTAN 85

Table 1. (Omit) 85

Table 2. Uzbekistan / Macro poverty outlook indicators 86

ARGENTINA 88

Table 1. (Omit) 88

Table 2. Argentina / Macro poverty outlook indicators 89

THE BAHAMAS 90

Table 1. (Omit) 90

Table 2. The Bahamas / Macro poverty outlook indicators 91

BARBADOS 92

Table 1. (Omit) 92

Table 2. Barbados / Macro poverty outlook indicators 93

BELIZE 94

Table 1. (Omit) 94

Table 2. Belize / Macro poverty outlook indicators 95

BOLIVIA 96

Table 1. (Omit) 96

Table 2. Bolivia / Macro poverty outlook indicators 97

BRAZIL 98

Table 1. (Omit) 98

Table 2. Brazil / Macro poverty outlook indicators 99

CHILE 100

Table 1. (Omit) 100

Table 2. Chile / Macro poverty outlook indicators 101

COLOMBIA 102

Table 1. (Omit) 102

Table 2. Colombia / Macro poverty outlook indicators 103

COSTA RICA 104

Table 1. (Omit) 104

Table 2. Costa Rica / Macro poverty outlook indicators 105

DOMINICA 106

Table 1. (Omit) 106

Table 2. Dominica / Macro poverty outlook indicators 107

DOMINICAN REPUBLIC 108

Table 1. (Omit) 108

Table 2. Dominican Republic / Macro poverty outlook indicators 109

ECUADOR 110

Table 1. (Omit) 110

Table 2. Ecuador / Macro poverty outlook indicators 111

EL SALVADOR 112

Table 1. (Omit) 112

Table 2. El Salvador / Macro poverty outlook indicators 113

GRENADA 114

Table 1. (Omit) 114

Table 2. Grenada / Macro poverty outlook indicators 115

GUATEMALA 116

Table 1. (Omit) 116

Table 2. Guatemala / Macro poverty outlook indicators 117

GUYANA 118

Table 1. (Omit) 118

Table 2. Guyana / Macro poverty outlook indicators 119

HAITI 120

Table 1. (Omit) 120

Table 2. Haiti / Macro poverty outlook indicators 121

HONDURAS 122

Table 1. (Omit) 122

Table 2. Honduras / Macro poverty outlook indicators 123

JAMAICA 124

Table 1. (Omit) 124

Table 2. Jamaica / Macro poverty outlook indicators 125

MEXICO 126

Table 1. (Omit) 126

Table 2. Mexico / Macro poverty outlook indicators 127

NICARAGUA 128

Table 1. (Omit) 128

Table 2. Nicaragua / Macro poverty outlook indicators 129

PANAMA 130

Table 1. (Omit) 130

Table 2. Panama / Macro poverty outlook indicators 131

PARAGUAY 132

Table 1. (Omit) 132

Table 2. Paraguay / Macro poverty outlook indicators 133

PERU 134

Table 1. (Omit) 134

Table 2. Peru / Macro poverty outlook indicators 135

SAINT LUCIA 136

Table 1. (Omit) 136

Table 2. Saint Lucia / Macro poverty outlook indicators 137

ST.VINCENT AND THE GRENADINES 138

Table 1. (Omit) 138

Table 2. St. Vincent and the Grenadines / Macro poverty outlook indicators 139

SURINAME 140

Table 1. (Omit) 140

Table 2. Suriname / Macro poverty outlook indicators 141

URUGUAY 142

Table 1. (Omit) 142

Table 2. Uruguay / Macro poverty outlook indicators 143

ALGERIA 145

Table 1. (Omit) 145

Table 2. Algeria / Macro poverty outlook indicators 146

BAHRAIN 147

Table 1. (Omit) 147

Table 2. Bahrain / Macro poverty outlook indicators 148

DJIBOUTI 149

Table 1. (Omit) 149

Table 2. Djibouti / Macro poverty outlook indicators 150

ARAB REPUBLIC OF EGYPT 151

Table 1. (Omit) 151

Table 2. Arab Republic of Egypt / Macro poverty outlook indicators 152

IRAN, ISLAMIC REPUBLIC 153

Table 1. (Omit) 153

Table 2. Islamic Republic of Iran / Macro poverty outlook indicators 154

REPUBLIC OF IRAQ 155

Table 1. (Omit) 155

Table 2. Republic of Iraq / Macro poverty outlook indicators 156

JORDAN 157

Table 1. (Omit) 157

Table 2. Jordan / Macro poverty outlook indicators 158

KUWAIT 159

Table 1. (Omit) 159

Table 2. Kuwait / Macro poverty outlook indicators 160

LEBANON 161

Table 1. (Omit) 161

Table 2. Lebanon / Macro poverty outlook indicators 162

LIBYA 163

Table 1. (Omit) 163

Table 2. Libya / Macro poverty outlook indicators 164

MOROCCO 165

Table 1. (Omit) 165

Table 2. Morocco / Macro poverty outlook indicators 166

OMAN 167

Table 1. (Omit) 167

Table 2. Oman / Macro poverty outlook indicators 168

PALESTINIAN TERRITORIES 169

Table 1. (Omit) 169

Table 2. Palestinian territories / Macro poverty outlook indicators 170

QATAR 171

Table 1. (Omit) 171

Table 2. Qatar / Macro poverty outlook indicators 172

SAUDI ARABIA 173

Table 1. (Omit) 173

Table 2. Saudi Arabia / Macro poverty outlook indicators 174

SYRIAN ARAB REPUBLIC 175

Table 1. (Omit) 175

Table 2. Syrian Arab Republic / Macro poverty outlook indicators 176

TUNISIA 177

Table 1. (Omit) 177

Table 2. Tunisia / Macro poverty outlook indicators 178

UNITED ARAB EMIRATES 179

Table 1. (Omit) 179

Table 2. United Arab Emirates / Macro poverty outlook indicators 180

REPUBLIC OF YEMEN 181

Table 1. (Omit) 181

Table 2. Republic of Yemen / Macro poverty outlook indicators 182

BANGLADESH 186

Table 1. (Omit) 186

Table 2. Bangladesh / Macro poverty outlook indicators 187

BHUTAN 188

Table 1. (Omit) 188

Table 2. Bhutan / Macro poverty outlook indicators 189

INDIA 190

Table 1. (Omit) 190

Table 2. India / Macro poverty outlook indicators 191

MALDIVES 192

Table 1. (Omit) 192

Table 2. Maldives / Macro poverty outlook indicators 193

NEPAL 194

Table 1. (Omit) 194

Table 2. Nepal / Macro poverty outlook indicators 195

PAKISTAN 196

Table 1. (Omit) 196

Table 2. Pakistan / Macro poverty outlook indicators 197

SRI LANKA 198

Table 1. (Omit) 198

Table 2. Sri Lanka / Macro poverty outlook indicators 199

ANGOLA 201

Table 1. (Omit) 201

Table 2. Angola / Macro poverty outlook indicators 202

BENIN 203

Table 1. (Omit) 203

Table 2. Benin / Macro poverty outlook indicators 204

BOTSWANA 205

Table 1. (Omit) 205

Table 2. Botswana / Macro poverty outlook indicators 206

BURKINA FASO 207

Table 1. (Omit) 207

Table 2. Burkina Faso / Macro poverty outlook indicators 208

BURUNDI 209

Table 1. (Omit) 209

Table 2. Burundi / Macro poverty outlook indicators 210

CABO VERDE 211

Table 1. (Omit) 211

Table 2. Cabo Verde / Macro poverty outlook indicators 212

CAMEROON 213

Table 1. (Omit) 213

Table 2. Cameroon / Macro poverty outlook indicators 214

CENTRAL AFRICAN REP 215

Table 1. (Omit) 215

Table 2. Central African Republic / Macro poverty outlook indicators 216

CHAD 217

Table 1. (Omit) 217

Table 2. Chad / Macro poverty outlook indicators 218

COMOROS 219

Table 1. (Omit) 219

Table 2. Comoros / Macro poverty outlook indicators 220

DEMOCRATIC REP. OF CONGO 221

Table 1. (Omit) 221

Table 2. Democratic Republic of Congo / Macro poverty outlook indicators 222

REPUBLIC OF CONGO 223

Table 1. (Omit) 223

Table 2. Republic of Congo / Macro poverty outlook indicators 224

COTE D'IVOIRE 225

Table 1. (Omit) 225

Table 2. Cote d'Ivoire / Macro poverty outlook indicators 226

EQUATORIAL GUINEA 227

Table 1. (Omit) 227

Table 2. Equatorial Guinea / Macro poverty outlook indicators 228

ERITREA 229

Table 1. (Omit) 229

Table 2. Eritrea / Macro poverty outlook indicators 230

ESWATINI 231

Table 1. (Omit) 231

Table 2. Eswatini / Macro poverty outlook indicators 232

ETHIOPIA 233

Table 1. (Omit) 233

Table 2. Ethiopia / Macro poverty outlook indicators 234

GABON 235

Table 1. (Omit) 235

Table 2. Gabon / Macro poverty outlook indicators 236

THE GAMBIA 237

Table 1. (Omit) 237

Table 2. The Gambia / Macro poverty outlook indicators 238

GHANA 239

Table 1. (Omit) 239

Table 2. Ghana / Macro poverty outlook indicators 240

GUINEA 241

Table 1. (Omit) 241

Table 2. Guinea / Macro poverty outlook indicators 242

GUINEA-BISSAU 243

Table 1. (Omit) 243

Table 2. Guinea-Bissau / Macro poverty outlook indicators 244

KENYA 245

Table 1. (Omit) 245

Table 2. Kenya / Macro poverty outlook indicators 246

LESOTHO 247

Table 1. (Omit) 247

Table 2. Lesotho / Macro poverty outlook indicators 248

LIBERIA 249

Table 1. (Omit) 249

Table 2. Liberia / Macro poverty outlook indicators 250

MADAGASCAR 251

Table 1. (Omit) 251

Table 2. Madagascar / Macro poverty outlook indicators 252

MALAWI 253

Table 1. (Omit) 253

Table 2. Malawi / Macro poverty outlook indicators 254

MALI 255

Table 1. (Omit) 255

Table 2. Mali / Macro poverty outlook indicators 256

MAURITANIA 257

Table 1. (Omit) 257

Table 2. Mauritania / Macro poverty outlook indicators 258

MAURITIUS 259

Table 1. (Omit) 259

Table 2. Mauritius / Macro poverty outlook indicators 260

MOZAMBIQUE 261

Table 1. (Omit) 261

Table 2. Mozambique / Macro poverty outlook indicators 262

NAMIBIA 263

Table 1. (Omit) 263

Table 2. Namibia / Macro poverty outlook indicators 264

NIGER 265

Table 1. (Omit) 265

Table 2. Niger / Macro poverty outlook indicators 266

NIGERIA 267

Table 1. (Omit) 267

Table 2. Nigeria / Macro poverty outlook indicators 268

RWANDA 269

Table 1. (Omit) 269

Table 2. Rwanda / Macro poverty outlook indicators 270

SAO TOME AND PRINCIPE 271

Table 1. (Omit) 271

Table 2. Sao Tome and Principe / Macro poverty outlook indicators 272

SENEGAL 273

Table 1. (Omit) 273

Table 2. Senegal / Macro poverty outlook indicators 274

SEYCHELLES 275

Table 1. (Omit) 275

Table 2. Seychelles / Macro poverty outlook indicators 276

SIERRA LEONE 277

Table 1. (Omit) 277

Table 2. Sierra Leone / Macro poverty outlook indicators 278

SOMALIA 279

Table 1. (Omit) 279

Table 2. Somalia / Macro poverty outlook indicators 280

SOUTH AFRICA 281

Table 1. (Omit) 281

Table 2. South Africa / Macro poverty outlook indicators 282

SOUTH SUDAN 283

Table 1. (Omit) 283

Table 2. South Sudan / Macro poverty outlook indicators 284

TANZANIA 285

Table 1. (Omit) 285

Table 2. Tanzania / Macro poverty outlook indicators 286

TOGO 287

Table 1. (Omit) 287

Table 2. Togo / Macro poverty outlook indicators 288

UGANDA 289

Table 1. (Omit) 289

Table 2. Uganda / Macro poverty outlook indicators 290

ZAMBIA 291

Table 1. (Omit) 291

Table 2. Zambia / Macro poverty outlook indicators 292

ZIMBABWE 293

Table 1. (Omit) 293

Table 2. Zimbabwe / Macro poverty outlook indicators 294

CAMBODIA 8

Figure 1. Cambodia / Real GDP growth and contributions to sectoral growth 8

Figure 2. Cambodia / Merchandise (excluding gold) exports 8

CENTRAL PACIFIC ISLANDS 10

Figure 1. Central Pacific Islands / Sources of revenue, 2016-2021 10

Figure 2. Central Pacific Islands / Sovereign wealth fund balances 10

CHINA 12

Figure 1. China / Real GDP growth and contributions to real GDP growth 12

Figure 2. China / Actual and projected poverty rates and real GDP per capita 12

FIJI 14

Figure 1. Fiji / Real GDP growth and contributions to real GDP growth 14

Figure 2. Fiji / Actual and projected poverty rates and real GDP per capita 14

INDONESIA 16

Figure 1. Indonesia / Real GDP growth and contributions to real GDP growth 16

Figure 2. Indonesia / Poverty rate is declining albeit at a slower pace than pre-pandemic years 16

LAO PDR 18

Figure 1. Lao PDR / Real GDP growth and contributions to real GDP growth 18

Figure 2. Lao PDR / Actual and projected poverty rates and real GDP per capita 18

MALAYSIA 20

Figure 1. Malaysia / Real GDP growth and contributions to real GDP growth 20

Figure 2. Malaysia / Actual and projected poverty rates and real private consumption per capita 20

MONGOLIA 22

Figure 1. Mongolia / Real GDP growth and contributions to real GDP growth 22

Figure 2. Mongolia / Actual and projected poverty rates and real GDP per capita 22

MYANMAR 24

Figure 1. Myanmar / Real GDP growth and contributions to real GDP growth by sector 24

Figure 2. Myanmar / Manufacturing purchasing managers' index (PMI) / Mobility (month average) 24

NORTH PACIFIC ISLANDS 26

Figure 1. North Pacific Islands / Overall fiscal balance 26

Figure 2. North Pacific Islands / Formal sector employment 26

PAPUA NEW GUINEA 28

Figure 1. Papua New Guinea / Real GDP growth and contributions to real GDP growth 28

Figure 2. Papua New Guinea / Key fiscal and debt indicators 28

PHILIPPINES 30

Figure 1. Philippines / Real GDP growth and contributions to real GDP growth 30

Figure 2. Philippines / Actual and projected poverty rates and real GDP per capita 30

SOLOMON ISLANDS 32

Figure 1. Solomon Islands / Real GDP growth, actual, pre-unrest trend and post-unrest forecast 32

Figure 2. Solomon Islands / Fiscal balance 32

SOUTH PACIFIC ISLANDS 34

Figure 1. South Pacific Islands / Overall fiscal balance 34

Figure 2. South Pacific Islands / Current account balance 34

THAILAND 36

Figure 1. Thailand / Real GDP growth and contributions to real GDP growth 36

Figure 2. Thailand / Actual and projected poverty rates and real GDP per capita 36

TIMOR-LESTE 38

Figure 1. Timor-Leste / Real GDP growth and contributions to real GDP growth 38

Figure 2. Timor-Leste / Actual and projected poverty rates and real GDP per capita 38

VIETNAM 40

Figure 1. Vietnam / Real GDP growth and contributions to real GDP growth 40

Figure 2. Vietnam / Actual and projected poverty rates and real GDP per capita 40

ALBANIA 43

Figure 1. Albania / Headline inflation and core inflation 43

Figure 2. Albania / Actual and projected poverty rates and real GDP per capita 43

ARMENIA 45

Figure 1. Armenia / GDP growth, fiscal and current account balances 45

Figure 2. Armenia / Actual and projected poverty rates and real GDP per capita 45

AZERBAIJAN 47

Figure 1. Azerbaijan / Non-oil GDP growth and oil price 47

Figure 2. Azerbaijan / Official poverty rate and unemployment rate 47

BELARUS 49

Figure 1. Belarus / FX deposits and gross international reserves, 2008-2022 49

Figure 2. Belarus / Actual and projected poverty rates and real private consumption per capita 49

BOSNIA AND HERZEGOVINA 51

Figure 1. Bosnia and Herzegovina / Real GDP growth and sectoral contributions to real GDP growth 51

Figure 2. Bosnia and Herzegovina / Labor market indicators, 2020-2021 51

BULGARIA 53

Figure 1. Bulgaria / Real GDP growth and contributions to real GDP growth 53

Figure 2. Bulgaria / Actual and projected poverty rates and real GDP per capita 53

CROATIA 55

Figure 1. Croatia / Real GDP growth and contributions to real GDP growth 55

Figure 2. Croatia / Actual and projected poverty rates and real GDP per capita 55

GEORGIA 57

Figure 1. Georgia / Real GDP growth and contributions to real GDP growth 57

Figure 2. Georgia / Actual and projected poverty rates and real GDP per capita 57

KAZAKHSTAN 59

Figure 1. Kazakhstan / Movement in real GDP 59

Figure 2. Kazakhstan / Poverty rate $5.5 a day PPP 59

KOSOVO 61

Figure 1. Kosovo / Index of merchandise exports in USD, 2019Q4=100 percent 61

Figure 2. Kosovo / Actual and projected poverty rates and real GDP per capita 61

KYRGYZ REPUBLIC 63

Figure 1. Kyrgyz Republic / Headline, food and fuel inflation 63

Figure 2. Kyrgyz Republic / GDP growth and poverty rate 63

MOLDOVA 65

Figure 1. Moldova / Projected macroeconomic indicators 65

Figure 2. Moldova / Actual and projected poverty rates and real GDP per capita 65

MONTENEGRO 67

Figure 1. Montenegro / Real GDP growth and contributions to real GDP growth 67

Figure 2. Montenegro / Actual and projected poverty rates and real GDP per capita 67

NORTH MACEDONIA 69

Figure 1. North Macedonia / Fiscal performance 69

Figure 2. North Macedonia / Labor market indicators, 2020-21 69

POLAND 71

Figure 1. Poland / Real GDP growth and contributions to real GDP growth 71

Figure 2. Poland / Actual and projected poverty rates and real GDP per capita 71

ROMANIA 73

Figure 1. Romania / Real GDP growth and contributions to real GDP growth 73

Figure 2. Romania / Actual and projected poverty rates and real GDP per capita 73

RUSSIAN FEDERATION 75

Figure 1. Russian Federation / Real GDP growth and contributions to real GDP growth 75

Figure 2. Russian Federation / Actual and projected poverty rates and real private consumption per capita 75

SERBIA 77

Figure 1. Serbia / Real GDP and potential growth and contributions to potential GDP growth 77

Figure 2. Serbia / Actual and projected poverty rates and real GDP per capita 77

TAJIKISTAN 79

Figure 1. Tajikistan / Fiscal balance and public debt 79

Figure 2. Tajikistan / Actual and projected poverty rates and real GDP per capita 79

TURKEY 81

Figure 1. Turkey / Real GDP growth and contributions to real GDP growth 81

Figure 2. Turkey / Actual and projected poverty rates and real GDP per capita 81

UKRAINE 83

Figure 1. Ukraine / EMBI bond spreads 83

Figure 2. Ukraine / Number of persons displaced and in need of humanitarian assistance 83

UZBEKISTAN 85

Figure 1. Uzbekistan / GDP growth, inflation, unemployment 85

Figure 2. Uzbekistan / Poverty, GDP per capita, and small business development 85

ARGENTINA 88

Figure 1. Argentina / Net international reserves and exchange rate premium 88

Figure 2. Argentina / Actual and projected poverty rates and real private consumption per capita 88

THE BAHAMAS 90

Figure 1. The Bahamas / Real GDP growth and contributions to real GDP growth 90

Figure 2. The Bahamas / Fiscal balances and public debt 90

BARBADOS 92

Figure 1. Barbados / Real GDP growth and contributions to real GDP growth 92

Figure 2. Barbados / Fiscal balances and public debt 92

BELIZE 94

Figure 1. Belize / Real GDP growth and contributions to real GDP growth 94

Figure 2. Belize / Fiscal balances and public debt 94

BOLIVIA 96

Figure 1. Bolivia / Public debt 96

Figure 2. Bolivia / Actual and projected poverty rates and real private consumption per capita 96

BRAZIL 98

Figure 1. Brazil / Evolution of Brazil's GDP per activity sector 98

Figure 2. Brazil / Actual and projected poverty rates and real private consumption per capita 98

CHILE 100

Figure 1. Chile / Exchange rate and copper prices 100

Figure 2. Chile / Actual and projected poverty rates and real GDP per capita 100

COLOMBIA 102

Figure 1. Colombia / GDP components, historic and baseline scenario (dashed line) 102

Figure 2. Colombia / Actual and projected poverty rates and real private consumption per capita 102

COSTA RICA 104

Figure 1. Costa Rica / Budget balance and change in debt 104

Figure 2. Costa Rica / Actual and projected poverty rates and real GDP per capita 104

DOMINICA 106

Figure 1. Dominica / Real GDP growth and fiscal balance 106

Figure 2. Dominica / Public debt 106

DOMINICAN REPUBLIC 108

Figure 1. Dominican Republic / Tourist arrivals, by residence 108

Figure 2. Dominican Republic / Actual and projected poverty rates and real private consumption per capita 108

ECUADOR 110

Figure 1. Ecuador / Fiscal and current account balances 110

Figure 2. Ecuador / Actual and projected poverty rates and real GDP per capita 110

EL SALVADOR 112

Figure 1. El Salvador / Emerging markets bond global index 112

Figure 2. El Salvador / Actual and projected poverty rates and real GDP per capita 112

GRENADA 114

Figure 1. Grenada / The evolution of main macro indicators 114

Figure 2. Grenada / Unemployment rate 114

GUATEMALA 116

Figure 1. Guatemala / Remittances inflows and net international reserves build up 116

Figure 2. Guatemala / Actual and projected poverty rates and real private consumption per capita 116

GUYANA 118

Figure 1. Guyana / Oil production, real oil, and real non-oil GDP, 2019-2024 118

Figure 2. Guyana / Selected food insecurity indicators in June 2021 118

HAITI 120

Figure 1. Haiti / Real GDP growth and sectoral contributions to real GDP growth 120

Figure 2. Haiti / Actual and simulated poverty rates and real GDP per capita 120

HONDURAS 122

Figure 1. Honduras / Fiscal balance and debt 122

Figure 2. Honduras / Actual and projected poverty rates and real GDP per capita 122

JAMAICA 124

Figure 1. Jamaica / Fiscal balances and public debt 124

Figure 2. Jamaica / Actual and projected poverty rates and real GDP per capita 124

MEXICO 126

Figure 1. Mexico / Inflation 126

Figure 2. Mexico / Actual and projected poverty rates and real GDP per capita 126

NICARAGUA 128

Figure 1. Nicaragua / Real GDP growth and contributions to real GDP growth 128

Figure 2. Nicaragua / Actual and projected poverty rates and real GDP per capita 128

PANAMA 130

Figure 1. Panama / Good exports and current account balance 130

Figure 2. Panama / Actual and projected poverty rates and real GDP per capita 130

PARAGUAY 132

Figure 1. Paraguay / Headline and core CPI inflation 132

Figure 2. Paraguay / Actual and projected poverty rates and real private consumption per capita 132

PERU 134

Figure 1. Peru / Real GDP growth and contributions to real GDP growth 134

Figure 2. Peru / Actual and projected poverty rates and real GDP per capita 134

SAINT LUCIA 136

Figure 1. Saint Lucia / Key macroeconomic variables 136

Figure 2. Saint Lucia / Actual and projected poverty rates and real GDP per capita 136

ST.VINCENT AND THE GRENADINES 138

Figure 1. St. Vincent and the Grenadines / Fiscal balances 138

Figure 2. St. Vincent and the Grenadines / Public debt 138

SURINAME 140

Figure 1. Suriname / Consumer price inflation 140

Figure 2. Suriname / GDP per capita 140

URUGUAY 142

Figure 1. Uruguay / Actual and projected primary and overall fiscal balances 142

Figure 2. Uruguay / Actual and simulated poverty rates and real GDP per capita 142

ALGERIA 145

Figure 1. Algeria / Crude oil prices and trade balance 145

Figure 2. Algeria / GDP components, production side 145

BAHRAIN 147

Figure 1. Bahrain / Real annual GDP growth 147

Figure 2. Bahrain / General government operations 147

DJIBOUTI 149

Figure 1. Djibouti / Real GDP growth, fiscal, and current account balances 149

Figure 2. Djibouti / Actual and projected poverty rates and real GDP per capita 149

ARAB REPUBLIC OF EGYPT 151

Figure 1. Arab Republic of Egypt / Real GDP growth and labor market indicators 151

Figure 2. Arab Republic of Egypt / Banking sector net foreign assets 151

IRAN, ISLAMIC REPUBLIC 153

Figure 1. Islamic Republic of Iran / GDP growth and supply side decomposition 153

Figure 2. Islamic Republic of Iran / Current account balance 153

REPUBLIC OF IRAQ 155

Figure 1. Republic of Iraq / GDP growth and supply side decomposition 155

Figure 2. Republic of Iraq / Fiscal account outlook 155

JORDAN 157

Figure 1. Jordan / Current account deficit and its drivers 157

Figure 2. Jordan / Unemployment rate in regional comparison 157

KUWAIT 159

Figure 1. Kuwait / General government operations 159

Figure 2. Kuwait / Growth: Real GDP, real oil, and real non-oil sectors 159

LEBANON 161

Figure 1. Lebanon / Exchange rate depreciation and rising prices 161

Figure 2. Lebanon / Inflation in basic items has been a key driver of overall inflation, hurting the poor and the middle class 161

LIBYA 163

Figure 1. Libya / Oil production and exports 163

Figure 2. Libya / Real annual GDP growth 163

MOROCCO 165

Figure 1. Morocco / Actual and projected real GDP, percent deviation from 2019 level and pre-COVID-19 forecast 165

Figure 2. Morocco / Actual and projected poverty rates and real GDP per capita 165

OMAN 167

Figure 1. Oman / Real annual GDP growth 167

Figure 2. Oman / General government operations 167

PALESTINIAN TERRITORIES 169

Figure 1. Palestinian territories / New daily COVID-19 infections and 7-day moving average 169

Figure 2. Palestinian territories / Actual and projected poverty rates and real GDP per capita 169

QATAR 171

Figure 1. Qatar / Real GDP growth 171

Figure 2. Qatar / Public finances 171

SAUDI ARABIA 173

Figure 1. Saudi Arabia / Annual real GDP growth 173

Figure 2. Saudi Arabia / Central government operations 173

SYRIAN ARAB REPUBLIC 175

Figure 1. Syrian Arab Republic / Exchange rate depreciation along with surging inflation 175

Figure 2. Syrian Arab Republic / Work days per month for a worker to afford the minimum food basket 175

TUNISIA 177

Figure 1. Tunisia / Real GDP: Actual, forecast and pre-COVID-19 trend 177

Figure 2. Tunisia / Actual and projected poverty rates and real GDP per capita 177

UNITED ARAB EMIRATES 179

Figure 1. United Arab Emirates / Annual real GDP growth 179

Figure 2. United Arab Emirates / Composite purchasing manager's index 179

REPUBLIC OF YEMEN 181

Figure 1. Republic of Yemen / Real GDP (indexed): Yemen and comparators 181

Figure 2. Republic of Yemen / Exchange rate trend: Yemen (Sana'a and Aden) 181

BANGLADESH 186

Figure 1. Bangladesh / Real GDP growth and contributions to real GDP growth 186

Figure 2. Bangladesh / Actual and projected poverty rates and real GDP per capita 186

BHUTAN 188

Figure 1. Bhutan / Fiscal indicators 188

Figure 2. Bhutan / Actual and projected poverty rates and real GDP per capita 188

INDIA 190

Figure 1. India / Real GDP growth and contributions to real GDP growth 190

Figure 2. India / Real GDP 190

MALDIVES 192

Figure 1. Maldives / Visitor arrivals 192

Figure 2. Maldives / Actual and projected poverty rates and real GDP per capita 192

NEPAL 194

Figure 1. Nepal / Real GDP levels: Actual vs. pre-covid trend 194

Figure 2. Nepal / The current account deficit has widened 194

PAKISTAN 196

Figure 1. Pakistan / Headline inflation and overall trade deficit 196

Figure 2. Pakistan / Actual and projected poverty rates and real GDP per capita 196

SRI LANKA 198

Figure 1. Sri Lanka / Real GDP growth and contributions to real GDP growth (production side) 198

Figure 2. Sri Lanka / Actual and projected poverty rates and real GDP per capita 198

ANGOLA 201

Figure 1. Angola / Actual and projected public debt levels and primary balance 201

Figure 2. Angola / Actual and projected poverty rates and real private consumption per capita 201

BENIN 203

Figure 1. Benin / Budget balance and change in public and publicly guaranteed debt 203

Figure 2. Benin / Actual and projected poverty rates and real GDP per capita 203

BOTSWANA 205

Figure 1. Botswana / Real GDP growth and contributions to real GDP growth 205

Figure 2. Botswana / Actual and projected poverty rates and real GDP per capita 205

BURKINA FASO 207

Figure 1. Burkina Faso / Real GDP and sectoral decomposition of real GDP 207

Figure 2. Burkina Faso / Actual and projected poverty rates and real GDP per capita 207

BURUNDI 209

Figure 1. Burundi / Public debt, fiscal and current account deficits 209

Figure 2. Burundi / Actual and projected poverty rates and real GDP per capita 209

CABO VERDE 211

Figure 1. Cabo Verde / GDP per capita and debt outlook 211

Figure 2. Cabo Verde / Actual and projected poverty rates and real GDP per capita 211

CAMEROON 213

Figure 1. Cameroon / Real GDP growth and contributions to real GDP growth 213

Figure 2. Cameroon / Actual and projected poverty rates and real GDP per capita 213

CENTRAL AFRICAN REP 215

Figure 1. Central African Republic / Real GDP growth and contributions to real GDP growth 215

Figure 2. Central African Republic / Actual and projected poverty rates and real GDP per capita 215

CHAD 217

Figure 1. Chad / GDP growth, current account and fiscal balance 217

Figure 2. Chad / Actual and projected poverty rates and real GDP per capita 217

COMOROS 219

Figure 1. Comoros / Selected macroeconomic indicators 219

Figure 2. Comoros / Actual and projected poverty rates and real GDP per capita 219

DEMOCRATIC REP. OF CONGO 221

Figure 1. Democratic Republic of Congo / Real GDP growth and sectoral contributions to real GDP growth 221

Figure 2. Democratic Republic of Congo / Actual and projected poverty rates and real GDP per capita 221

REPUBLIC OF CONGO 223

Figure 1. Republic of Congo / Real GDP growth and sectoral contributions to real GDP growth 223

Figure 2. Republic of Congo / Actual and projected poverty rates and real GDP per capita 223

COTE D'IVOIRE 225

Figure 1. Cote d'Ivoire / Real GDP growth and contributions to real GDP growth 225

Figure 2. Cote d'Ivoire / Actual and projected poverty rates and real GDP per capita 225

EQUATORIAL GUINEA 227

Figure 1. Equatorial Guinea / Hydrocarbon production (in thousands of barrels per day of oil equivalent) 227

Figure 2. Equatorial Guinea / Non-income poverty indicators 227

ERITREA 229

Figure 1. Eritrea / Evolution of total public debt 229

Figure 2. Eritrea / Primary and overall fiscal balances 229

ESWATINI 231

Figure 1. Eswatini / Fiscal deficit and SACU revenue 231

Figure 2. Eswatini / Actual and projected poverty rates and real GDP per capita 231

ETHIOPIA 233

Figure 1. Ethiopia / Gross foreign exchange reserves 233

Figure 2. Ethiopia / Evolution of inflation, y-o-y percentage change 233

GABON 235

Figure 1. Gabon / Debt and fiscal balance 235

Figure 2. Gabon / Actual and projected poverty rates and real GDP per capita 235

THE GAMBIA 237

Figure 1. The Gambia / Actual and projected fiscal and primary balance 237

Figure 2. The Gambia / Actual and projected poverty rates and real GDP per capita 237

GHANA 239

Figure 1. Ghana / Real GDP growth and contributions to real GDP growth 239

Figure 2. Ghana / Actual and projected poverty rates and real GDP per capita 239

GUINEA 241

Figure 1. Guinea / Primary and overall fiscal balance 241

Figure 2. Guinea / Food security status of the population (January 2021) 241

GUINEA-BISSAU 243

Figure 1. Guinea-Bissau / Evolution of main economic indicators 243

Figure 2. Guinea-Bissau / Actual and projected poverty rates and real GDP per capita 243

KENYA 245

Figure 1. Kenya / Real GDP growth and sectoral contributions to real GDP growth 245

Figure 2. Kenya / Actual and projected poverty rates and real private consumption per capita 245

LESOTHO 247

Figure 1. Lesotho / Real GDP growth and sectoral contributions to real GDP growth 247

Figure 2. Lesotho / Actual and projected poverty rates and real GDP per capita 247

LIBERIA 249

Figure 1. Liberia / Real GDP growth and sectoral contributions to real GDP growth 249

Figure 2. Liberia / Actual and projected poverty rates and real GDP per capita 249

MADAGASCAR 251

Figure 1. Madagascar / Growth and income per capita levels 251

Figure 2. Madagascar / Actual and projected poverty rates and real GDP per capita 251

MALAWI 253

Figure 1. Malawi / Fiscal deficit and public debt 253

Figure 2. Malawi / Actual and projected poverty rates and real GDP per capita 253

MALI 255

Figure 1. Mali / GDP growth, fiscal and current account balances 255

Figure 2. Mali / Actual and projected poverty rates and real GDP per capita 255

MAURITANIA 257

Figure 1. Mauritania / Evolution of main macroeconomic indicators 257

Figure 2. Mauritania / Actual and projected poverty rates and real GDP per capita 257

MAURITIUS 259

Figure 1. Mauritius / General government balance and debt 259

Figure 2. Mauritius / Actual and projected poverty rates and real GDP per capita 259

MOZAMBIQUE 261

Figure 1. Mozambique / Real GDP growth and sectoral contributions to real GDP growth 261

Figure 2. Mozambique / Actual and projected poverty rates and real GDP per capita 261

NAMIBIA 263

Figure 1. Namibia / Budget balance and SACU revenues 263

Figure 2. Namibia / Actual and projected poverty rates and real GDP per capita 263

NIGER 265

Figure 1. Niger / Real GDP growth and sectoral contributions to real GDP growth 265

Figure 2. Niger / Actual and projected poverty rates and real GDP per capita 265

NIGERIA 267

Figure 1. Nigeria / Oil price shock transmission channels 267

Figure 2. Nigeria / Actual and projected poverty rates and real GDP per capita 267

RWANDA 269

Figure 1. Rwanda / Primary deficit, interest payments, and public debt 269

Figure 2. Rwanda / Actual and projected poverty rates and real private consumption per capita 269

SAO TOME AND PRINCIPE 271

Figure 1. Sao Tome and Príncipe / Domestic revenue and grants 271

Figure 2. Sao Tome and Príncipe / Actual and projected poverty rates and real GDP per capita 271

SENEGAL 273

Figure 1. Senegal / Evolution of main macroeconomic indicators 273

Figure 2. Senegal / Actual and projected poverty rates and real private consumption per capita 273

SEYCHELLES 275

Figure 1. Seychelles / Fiscal balance and public sector debt 275

Figure 2. Seychelles / Actual and projected poverty rates and real GDP per capita 275

SIERRA LEONE 277

Figure 1. Sierra Leone / Real GDP growth and sectoral contributions to real GDP growth 277

Figure 2. Sierra Leone / Actual and projected poverty and real GDP per capita 277

SOMALIA 279

Figure 1. Somalia / Overall budget balance 279

Figure 2. Somalia / Actual and projected poverty rates and real GDP per capita 279

SOUTH AFRICA 281

Figure 1. South Africa / Real GDP and employment 281

Figure 2. South Africa / Actual and projected poverty rates and real GDP per capita 281

SOUTH SUDAN 283

Figure 1. South Sudan / Exchange rate developments 283

Figure 2. South Sudan / Actual and projected poverty rates and real GDP per capita 283

TANZANIA 285

Figure 1. Tanzania / Real GDP growth forecasts under alternative scenarios 285

Figure 2. Tanzania / Actual and projected poverty rates and real GDP per capita 285

TOGO 287

Figure 1. Togo / Evolution of fiscal indicators 287

Figure 2. Togo / Actual and projected poverty rates and real GDP per capita 287

UGANDA 289

Figure 1. Uganda / Fiscal adjustment 289

Figure 2. Uganda / Actual and projected poverty rates and real private consumption per capita 289

ZAMBIA 291

Figure 1. Zambia / Developments in the current account balance (2013-21) 291

Figure 2. Zambia / Actual and projected poverty rates and real GDP per capita 291

ZIMBABWE 293

Figure 1. Zimbabwe / Exchange rates 293

Figure 2. Zimbabwe / Actual and projected poverty rates and real GDP per capita 293

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