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An update to these projections was published on March 31, 2009.
News release | Update (PDF)

Middle East and North Africa

Economic developments in the Middle East and North Africa region continue to be heavily influenced by the disruptions caused by the social unrest that started more than 18 months  ago. In addition to the challenges posed by societal violence in some cases and sometimes fundamental political change, the external environment for the region is weak because of its close ties with high-income Europe. GDP growth for the aggregate of the developing region eased to 1 percent in 2011 from 3.8 percent in 2010, on weaker outturns for Egypt and Tunisia; and declining output for those countries in civil conflict. Output is projected to strengthen in 2013 and 2014 on the back of increased political stability,  improved conditions in Europe, portending a return of FDI and tourism flows. Nevertheless, regional GDP is projected to rise by only 2.2 and 3.4 percent in 2013 and 2014 – well below the 4.8 percent average growth recorded during 2000-2008.

 

 

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