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2.1 percent
- The U.S. Bureau of Labor Statistics (BLS) projects the economy to grow by 2.1 percent each year, on average, from 2021 to 2031. As the chart shows, this would be slightly faster than the 2.0-percent growth averaged over the previous decade but slower than the growth rates in the 1980s and 1990s.
www.bls.gov › careeroutlook › 2022Projections of the U.S. economy, 2021–31 : Career Outlook: U ...
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Specifically, real (inflation-adjusted) gross domestic product (GDP) is projected to return to its prepandemic level in mid-2021 and to surpass its potential (that is, its maximum sustainable) level in early 2025.
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- Chapters in the Report. Global Prospects and Policies. The global economic recovery continues amid a resurging pandemic that poses unique policy challenges.
- Statistical Appendix. Statistical Appendix: Data assumptions, conventions, and classifications. Statistical Appendix A: Key Global Economic Indicators. Statistical Appendix B
- Data Tools. October 2021 Database. FAQ on the October Release. Send Us your Questions. Access the Datamapper. Subscribe to RSS.
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.
3 days ago · Amid exceptional uncertainty, the global economy is projected to grow 5.5 percent in 2021 and 4.2 percent in 2022. The 2021 forecast is revised up 0.3 percentage point relative to the previous forecast, reflecting expectations of a vaccine-powered strengthening of activity later in the year and additional policy support in a few large economies.
Global economic growth is now expected to be 5.8% this year, a sharp upwards revision from the December 2020 Economic Outlook projection of 4.2% for 2021. The vaccines rollout in many of the advanced economies has been driving the improvement, as has the massive fiscal stimulus by the United States.
Jun 8, 2021 · WASHINGTON, June 8, 2021 — The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies.
