Industrial production improved in November 2024, driven by an increased production of key export and manufactured products. While staying in expansionary territory, Vietnam's PMI inched down slightly from 51.2 in October to 50.8 in November as the growth of new orders softened. Exports and...

Libya's economic outlook relies heavily on the oil and gas sector, which constitutes a significant portion of its GDP, government revenue, and exports. With oil production expected to average 1.1 mbpd in 2024, GDP is anticipated to shrink by 2.7 percent this year. As oil output recovers in 2025...

China's gross domestic product (GDP) growth has moderated since the second quarter of 2024, owing to subdued domestic demand. The government has responded to the domestic demand slowdown with incremental policy stimulus, balancing short-term growth support with longer term de-risking objectives....

Economic conditions have deteriorated further in the past six months, with recent devastating floods adding to ongoing challenges associated with armed conflict and macroeconomic volatility. In conjunction with heavy monsoon rains, Typhoon Yagi, which struck Myanmar in early September, triggered...

This report identifies circular economy (CE) opportunities in the tourism sector in Cabo Verde, The Gambia, and Säo Tomé & Principe. The project aims to enhance circularity by advocating for policy changes, phasing out single-use plastics (SUP), and fostering innovative infrastructure and...

This report identifies circular economy (CE) opportunities in the tourism sector in Cabo Verde, The Gambia, and Säo Tomé & Principe. The project focuses on enhancing circularity by advocating for policy changes, phasing out single-use plastics (SUP), and promoting innovative infrastructure and...

Cabo Verde's climate exposure, partly also because of its geography, is compounded by economic vulnerabilities. The country has experienced robust economic growth since the early 1990s and achieved a substantial reduction in poverty, but growth has been volatile and has slowed in recent years....

In Säo Tomé and Principe, tourism is seen as a crucial sector for driving economic growth. Sustainable tourism is prominently featured in various diagnostic reports and national strategies concerning Säo Tomé and Principe. The World Bank's Systematic Country Diagnostic underscores the...

The Country Opinion Survey in Laos People's Democratic Republic (PDR) assists the World Bank Group (WBG) in better understanding how stakeholders in Laos PDR perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral and bilateral agencies,...