Search results
- In October, the IMF released its annual economic outlook projecting weak growth across the world in 2023. It placed particular emphasis on three issues: high inflation and central bank tightening, Russia’s invasion of Ukraine, and the continued effects of Covid—especially in China.
hbr.org/2022/12/what-will-the-global-economy-look-like-in-2023
People also ask
What do people expect from the world economy in 2023?
Will there be a global recession in 2023?
What will the global economy look like in 2024?
What are the top threats to global economic growth in 2024?
How will economic growth change in 2022 & 2024?
What is the forecast for global growth in 2023?
Dec 20, 2023 · Economic conditions outlook during turbulent times, March 2023. As the year draws to a close, global respondents expect the threat of geopolitical instability and conflicts to persist well into 2024. In our latest McKinsey Global Survey on economic conditions, 1 the largest percentages we’ve seen all year say geopolitical instability is a top ...
- 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.
May 12, 2023 · The World Economic Forum’s latest Chief Economists Outlook finds that economists are divided on the chances of a global recession in 2023. During the Forum's Growth Summit, which took place on 2-3 May 2023, leading economists explored the state of the global economy.
- Ian Shine
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.
- Overview. The outlook is uncertain again amid financial sector turmoil, high inflation, ongoing effects of Russia’s invasion of Ukraine, and three years of COVID.
- Projections Table. Download Table.
- Chapters in the Report. Chapter 1: Global Prospects and Policies. Tentative signs in early 2023 that the world economy could achieve a soft landing—with inflation coming down and growth steady—have receded amid stubbornly high inflation and recent financial sector turmoil.
- Statistical Appendix. Statistical Appendix: Data assumptions, conventions, and classifications. Statistical Appendix A: Key Global Economic Indicators. Statistical Appendix B
Economic conditions outlook during turbulent times, June 2023. Economic optimism continues to grow in much of the world, while views on interest rates and potential risks to global growth have shifted since last quarter.
EM economic growth is 4.0% y/y in 2023, up from 3.1% in 2022, but below pre-pandemic level. Divergence is expected to increase as idiosyncratic factors should continue to play a big role.
