Growth in Sub-Saharan Africa is expected to slow to 2.5 percent in 2023 from 3.6 percent in 2022. It is projected to increase to 3.7 percent in 2024 and 4.1 percent in 2025. However, in per capita terms, the region is projected to slightly contract over 2015-2025.

At just under 6 percent, South Asia is expected to grow faster than any other developing country region this year—but slower than its pre-pandemic pace and not fast enough to meet its development goals. The region faces many risks to this outlook, including due to fragile fiscal positions created by high government debt.

India continues to show resilience against the backdrop of a challenging global environment, according to World Bank’s latest India Development Update (IDU).

This Country Focus Report (CFR) for South Africa reviews the role of the private sector in financing climate change and green growth. It further explores the scope for harnessing natural capital to finance adaptation and mitigation to climate change and to promote green growth.

This report presents the latest analysis of data available on SDG 16 indicators. The data reflects that human rights commitments are not being met, violence is increasing, inequality continues to hinder inclusive decision making and corruption erodes the social contract.

India has significantly expanded the share of workers with regular wages, narrowed caste-based segregation and reduced gender-based disparities in the workforce from the 1980s while challenges remain, said ‘State of Working India 2023’, a report released by Azim Premji University.

The economic outlook for Asia and the Pacific remains upbeat, with the region’s developing economies expected to grow 4.7% in 2023, and 4.8% in 2024, but risks remain elevated.

SDG 8 integrates the economic, social and environmental dimensions of sustainable development. To achieve inclusive and sustainable economic growth for full employment and decent work, an integrated process is needed to drive balanced progress across these three dimensions.

The intersection of the coronavirus disease (COVID-19) pandemic, the war between the Russian Federation and Ukraine and the effects of climate change has exacted a huge toll on African development, exacerbating poverty and inequality and reversing the gains that had been made in poverty reduction in the past two decades.

UNCTAD’s Economic Development in Africa Report 2023 examines the continent’s potential to become a major participant in global supply chains for high-technology sectors like automobiles, mobile telephones, renewable energy and health care.