Regional socioeconomic trends
- Author: United Nations Economic and Social Commission for Western Asia
- Main Title: Survey of Economic and Social Developments 2019-2020 , pp 31-66
- Publication Date: June 2021
- DOI: https://doi.org/10.18356/9789210056724c006
- Language: English
The COVID-19 crisis came at a time when the region was already registering low growth performance. In 2019, the slowdown in global demand owing to trade tensions between China and the United States, coupled with the absence of a new production agreement among OPEC+, significantly affected growth in Arab countries. The GDP growth rate decreased from 2.3 per cent in 2018 to 1.9 per cent in 2019, with some disparities among Arab subregions.
© 2020 United Nations
ISBN (PDF):
9789210056724
Book DOI:
https://doi.org/10.18356/9789210056724
Sustainable Development Goals:
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