Indicators

Economic activity in India is gradually recovering after the recession caused by the spread of the omicron strain. Unlike previous waves of COVID-19, the Indian economic system has proved to be more resilient to risks due to more efficient supply chain management

Until 2020, the Philippine economy showed stable growth of more than 6% per year. However, the COVID-19 pandemic has affected the country's economy more than in other countries of the Asian region.

Libya's economy is still heavily dependent on oil exports. The hydrocarbon sector accounts for more than 75% of GDP, about 98% of budget revenues and 93% of export revenues.

Saudi Arabia's economy exceeded experts' expectations and showed high rates of recovery at the end of 2021 and growth during 2022.

After a five-year recession in 2021, the Angolan economy showed slight growth due to the recovery of the services sector after the Covid-19 pandemic, as well as the rise in oil prices on the world market.

Numerous conflicts, lack of guarantees of capital security and large-scale expropriation are constraining factors for the Sudanese economy.

The structure of Algeria's economy is still dominated by the oil and gas sector, which accounted for about 19% of GDP, 93% of exports and 38% of budget revenues in 2016-2021.

In 2021, Morocco's economy showed growth. Nevertheless, real GDP is still below the pre-pandemic level.

In 2021, Malaysia's GDP showed mixed dynamics: in the second quarter, GDP grew by 16.1% compared to the same period of the previous year, after which it decreased by 4.5% in the third quarter of 2021

Oman's economy is showing an active recovery. Vaccination efforts have allowed all restrictions to be relaxed.