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Apr 16, 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.
- World Economic Outlook Update, June 2020
Global growth is projected at –4.9 percent in 2020, 1.9...
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- World Economic Outlook Update, June 2020
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Jan 11, 2022 · For 2023, the January 2020 baseline is extended using projected growth for 2022. Aggregates are calculated using real U.S. dollar GDP weights at average 2010-19 prices and market exchange rates. Shaded area indicates forecasts.
We upgraded our 2020 GDP growth forecast to –4.25% to reflect the faster-than-expected recovery. Activity into 2021 will continue to improve, but at a slower pace.
Prospects have improved over recent months with signs of a rebound in goods trade and industrial production becoming clear by the end of 2020. Global GDP growth is now projected to be 5.6% this year, an upward revision of more than 1 percentage point from the December OECD Economic Outlook.
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.
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