Middle East and Central Asia Regional Economic Outlook (MCDREO) [MCDREO]

Description

Economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) continue to reflect the diversity of conditions prevailing across the region. Most high-income oil exporters, primarily in the GCC, continue to record steady growth and solid economic and financial fundamentals, albeit with medium-term challenges that need to be addressed. In contrast, other countries --Iraq, Libya, Syria -- mired in conflicts with not just humanitarian but also economic consequences. And yet other countries, mostly oil importers, are making continued but uneven progress in advancing their economic agenda, often in tandem with political transitions and amidst difficult social conditions. In most of these countries, without extensive economic and structural reforms, economic prospects for the medium term remain insufficient to reduce high unemployment and improve living standards. Economic activity in the Caucasus and Central Asia (CCA) region is weakening, mainly because of the near-term slowdown and rising regional tensions affecting Russia, a key trading partner and sources of remittance and investment inflows, as well as weaker domestic demand in a number of CCA countries. Near-term risks are to the downside and tied to the fortunes of large trading partners. Policies need to focus on bolstering economic stability and, where needed, short-term support to ailing economic growth. In addition, a new model for high, sustained, diversified, and inclusive growth is needed to set the direction for economic policies for the next decade.

Updated by provider on
April 27, 2022
Frequency [FREQ]
Reference Area [REF_AREA]
Indicator [INDICATOR]

Dataset has 1,830 series. Add search filters to narrow them.

Notes
  • Geographic Coverage: Middle East and Central Asia
  • Code: MCDREO
  • Temporal Coverage: Annual data.
  • Methodology: MCD REO follows WEO methodology.
Dimensions codes and labels
[FREQ] Frequency
  • [A] Annual
[REF_AREA] Reference Area
  • [AF] Afghanistan
  • [DZ] Algeria
  • [1C_491] Arab Countries in Transition (excluding Libya and Yemen)_
  • [1C_490] Arab Countries in Transition_
  • [1C_495] Arab Oil Exporters_
  • [1C_496] Arab Oil Importers_
  • [1C_489] Arab World
  • [AM] Armenia
  • [AZ] Azerbaijan
  • [BH] Bahrain
  • [1C_949] CCA
  • [1C_9493] CCA emerging markets and middle-income countries
  • [1C_9494] CCA low-income developing countries
  • [1C_9491] CCA oil and gas exporters
  • [1C_955] CCA oil and gas exporters_
  • [1C_9492] CCA oil and gas importers
  • [1C_956] CCA oil and gas importers_
  • [1C_4920] Conflict countries and Afghanistan_
  • [1C_492] Conflict countries_
  • [1C_4922] Conflict-affected countries
  • [DJ] Djibouti
  • [EG] Egypt
  • [1C_49211] Fragile states and conflict-affected countries
  • [1C_49212] Fragile states and conflict-affected countries excluding Libya_
  • [1C_4921] Fragile states and conflict-affected countries_
  • [1C_450] GCC
  • [1C_451] GCC and Algeria_
  • [GE] Georgia
  • [IR] Iran, Islamic Republic of
  • [IQ] Iraq
  • [JO] Jordan
  • [KZ] Kazakhstan
  • [KW] Kuwait
  • [KG] Kyrgyzstan
  • [LB] Lebanon
  • [LY] Libya
  • [F41] Maghreb_
  • [F42] Mashreq_
  • [MR] Mauritania
  • [1C_2001] ME&CA Emerging Market and Middle-Income Countries
  • [1C_2011] ME&CA Low-Income Developing Countries
  • [1C_4400] ME&CA Oil Exporters
  • [1C_441] MENA
  • [1C_4414] MENA emerging markets and middle-income countries
  • [1C_4935] MENA excl. fragile states and conflict-affected counrties
  • [1C_4415] MENA low-income developing countries
  • [1C_4412] MENA oil exporters
  • [1C_494] MENA oil exporters, excl. conflict countries and Iran
  • [1C_442] MENA oil exporters_
  • [1C_4413] MENA oil importers
  • [1C_445] MENA oil importers_
  • [1C_4931] MENA, excluding conflict countries_
  • [1C_440] MENAP
  • [1C_4402] MENAP oil importers
  • [1C_4940] MENAP oil importers, excluding Pakistan_
  • [1C_444] MENAP oil importers_
  • [1C_493] MENAP, excluding conflict countries_
  • [1C_400] Middle East and Central Asia
  • [MA] Morocco
  • [1C_480] Non-GCC oil exporters_
  • [1C_500] North Africa
  • [1C_501] North Africa excl. Libya_
  • [1C_502] North Africa oil importers_
  • [OM] Oman
  • [PK] Pakistan
  • [PS] Palestine, State of
  • [QA] Qatar
  • [SA] Saudi Arabia
  • [SO] Somalia
  • [SD] Sudan
  • [SY] Syrian Arab Republic
  • [TJ] Tajikistan
  • [TN] Tunisia
  • [TM] Turkmenistan
  • [AE] United Arab Emirates
  • [UZ] Uzbekistan
  • [YE] Yemen
[INDICATOR] Indicator
  • [BCA_USD] Balance on Current Account, US Dollars
  • [PZPIOILBE_B_USD] Breakeven external oil price, US dollars per barrel
  • [PZPIOILBE_G_USD] Breakeven fiscal oil price, US dollars per barrel
  • [FMB_PCH_PT] Broad money, percent change
  • [GCXCNL_GDP_GDP_PT] Central government net lending/borrowing (central govt fiscal balance), in percent of GDP
  • [PCPI_PCH_PT] Consumer price inflation, percent change, year average
  • [PCPICORE_PCH_PT] Core consumer price inflation, percent change, period average
  • [NXGOC_MBD] Crude oil exports, millions of barrels per day
  • [NGDPMO_MBD] Crude oil production, millions of barrels per day
  • [BCA_GDP_GDP_PT] Current account balance, in percent of GDP
  • [BX_USD] Exports of goods and services, billions of US dollars
  • [NXGOG] Gas and condensates exports, millions of barrels per day equivalent
  • [NGDPMG] Gas production, millions of barrels per day equivalent
  • [GGND_GDP_GDP_PT] General government net debt, general government, in percent of GDP
  • [NGDP_R_PCH_PT] Gross domestic product, constant prices, percent change
  • [NGDPD_USD] Gross domestic product, current prices, billions of US dollars
  • [FAFAR_USD] Gross international reserves, Central Bank, billions of US Dollars
  • [FAFAR_BM_MH] Gross official reserves, Cent bank, in months of next year's imports of goods and services, Months
  • [BM_USD] Imports of goods and services, billions of US dollars
  • [NGDPXO_R_PCH_PT] Non-Oil real GDP growth, constant prices, percent change
  • [GGRXO_GDPXO_PT] Non-oil revenue, Gen govt, in percent of Non-oil GDP
  • [NGDPO_R_PCH_PT] Oil real GDP growth, constant prices, percent change
  • [GGB_GDP_GDP_PT] Overall fiscal balance, Gen govt, percent of GDP
  • [GGBXO_GDPXO_GDPXO_PT] Overall Non-Oil fiscal balance, Gen govt, percent of Non-oil GDP
  • [GGENL_GDP_GDP_PT] Total expenditure and net lending, Gen govt, percent of GDP
  • [D_GDP_GDP_PT] Total external debt, in percent of GDP
  • [GGD_GDP_GDP_PT] Total government debt, Gen govt, percent of GDP
  • [NXGO] Total oil exports (incl. crude, refined, and gas), millions of barrels per day
  • [GGRXG_GDP_GDP_PT] Total revenue Excl. grants, Gen govt, percent of GDP
Technical links