Search results
- Overview. Global recovery remains slow, with growing regional divergences and little margin for policy error. The baseline forecast is for global growth to slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent in 2024, well below the historical (2000–19) average of 3.8 percent.
- Projections Table. Download Data.
- Chapters in the Report. Chapter 1: Global Prospects and Policies. Divergent growth prospects across the world’s regions pose a challenge to returning to prepandemic output trends.
- Statistical Appendix. Statistical Appendix: Data assumptions, conventions, and classifications. Statistical Appendix Table A: Key Global Economic Indicators.
Sep 24, 2024 · Global growth is forecast to slow from 6.0 percent in 2021 to 3.2 percent in 2022 and 2.7 percent in 2023. This is the weakest growth profile since 2001 except for the global financial crisis and the acute phase of the COVID-19 pandemic. Global inflation is forecast to rise from 4.7 percent in 2021 to 8.8 percent in 2022 but to decline to 6.5 ...
EIU forecasts that the global economy will continue to skirt a recession, growing by 2.3% in 2024 - the same rate as estimated in 2023. Faster growth in Europe (led by Germany) will counteract softer US expansion in 2024, while moderate stimulus will stabilise China’s economy.
Our forecasts see world inflation averaging 5.0% in 2024 and 3.9% in 2025, down from an estimated 6.5% in 2023 and 8.0% in 2022.
The report forecasts global GDP growth of 2.2% in 2024 – down from 2.6% in 2023, with a return to 2.6% growth anticipated in 2025.
The median forecast of global growth sets at 2.1% in 2023, a downward revision from the projected 2022 at 2.9% (Figure 1). Asian countries like India and some southeast Asian countries are expected to support global growth. The macroeconomic outlook is uncertain and risks to the global economy remain skewed to the downside
People also ask
What is the forecast for global growth in 2023?
What is the forecast for global growth in 2022?
What will global growth look like in 2024?
How will economic growth change in 2022 & 2024?
What is the economic outlook for 2023?
What is KPMG's 2023 global economic outlook?
How to forecast major events in 2023. In this future-gazing podcast series, we’re debating the key themes that will shape 2023—from geopolitics to climate change to economics. 23:33
