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Discusses a number of factors affecting global growth, as well as growth prospects across the world's main countries and regions. It assesses the ongoing recovery from the global financial crisis in advanced and emerging market economies and evaluates risks, both upside and downside, including those associated with commodity prices, currency fluctuations, and financial market volatility.
The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China has been faster than expected, the global economy's long ascent back to pre-pandemic levels of activity remains prone to setbacks.
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008-09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.
After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of 2018. Trade tensions took a toll on business confidence and financial market sentiment worsened, with financial conditions tightening for vulnerable emerging markets in the spring of 2018 and then in advanced economies later in the year.
After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of 2018. Trade tensions took a toll on business confidence and financial market sentiment worsened, with financial conditions tightening for vulnerable emerging markets in the spring of 2018 and then in advanced economies later in the year.
After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of 2018. Trade tensions took a toll on business confidence and financial market sentiment worsened, with financial conditions tightening for vulnerable emerging markets in the spring of 2018 and then in advanced economies later in the year.
After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of 2018. Trade tensions took a toll on business confidence and financial market sentiment worsened, with financial conditions tightening for vulnerable emerging markets in the spring of 2018 and then in advanced economies later in the year.
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008-09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008-09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008-09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008-09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008-09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.
According to the October 2016 World Economic Outlook, global growth is projected to slow to 3.1% in 2016 before recovering to 3.4% in 2017. The forecast, revised down by 0.1% point for 2016 and 2017 relative to April's report, reflects a more subdued outlook for advanced economies following the June UK vote in favour of leaving the EU and weaker than expected growth in the US.
After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of 2018, reflecting a confluence of factors affecting major economies. Conditions have eased in 2019 as the US Federal Reserve signalled a more accommodative monetary policy stance and markets became more optimistic.
Global growth for 2018-19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and it has become less balanced. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded.
Global growth for 2018-19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and it has become less balanced. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded.
Global growth for 2018-19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and it has become less balanced. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded.
The upswing in global investment and trade continued in the second half of 2017. At 3.8 percent, global growth in 2017 was the fastest since 2011. With financial conditions still supportive, global growth is expected to tick up to a 3.9 percent rate in both 2018 and 2019.
Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade, according this World Economic Outlook. Overall, this report stresses the need for credible strategies in advanced economies and in those whose markets are emerging and developing to tackle common challenges.
Provides readers with key insights into how to view unprecedented global imbalances, respond to capital account crises caused by abrupt shifts in global asset allocations, and evaluate the opportunities for all member countries, especially low-income countries, to grow.
Provides readers with key insights into how to view unprecedented global imbalances, respond to capital account crises caused by abrupt shifts in global asset allocations, and evaluate the opportunities for all member countries, especially low-income countries, to grow.
Demonstrates that the global upswing in economic activity is strengthening, and that global growth, which in 2016 was the weakest since the global financial crisis at 3.2 percent, is projected to rise to 3.7 percent in 2018. The growth forecast for 2018 is 0.1 percentage point stronger compared with projections earlier this year.
Demonstrates that the global upswing in economic activity is strengthening, and that global growth, which in 2016 was the weakest since the global financial crisis at 3.2 percent, is projected to rise to 3.7 percent in 2018. The growth forecast for 2018 is 0.1 percentage point stronger compared with projections earlier this year.
Demonstrates that the global upswing in economic activity is strengthening, and that global growth, which in 2016 was the weakest since the global financial crisis at 3.2 percent, is projected to rise to 3.7 percent in 2018. The growth forecast for 2018 is 0.1 percentage point stronger compared with projections earlier this year.
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