Executive summary
- Author: United Nations
- Main Title: Survey of Economic and Social Developments in the Arab Region 2014-2015 , pp 7-7
- Publication Date: December 2015
- DOI: https://doi.org/10.18356/864c4594-en
- Language: English
The average growth rate of the gross domestic product (GDP) of the Arab region in real terms for 2014 is estimated at 1.5 per cent, barely changed from 2013. Negative growth estimations for Iraq, Libya and Syria, stemming from intensified armed conflict, have contributed to this stagnation. A significant fall in oil prices and their uncertain prospects have become another predominant economic concern. From their yearly peak in June, oil prices plunged by more than 50 per cent in the second half of 2014.
© United Nations
ISBN (PDF):
9789210576130
Book DOI:
https://doi.org/10.18356/772b6817-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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