The global expansion has weakened.
2 At the same time, however, the expansion has become less balanced and may have peaked in some major economies. The adverse impact on low-income households is particularly acute, imperiling the significant progress made in reducing extreme poverty in the world since the 1990s. By For some countries, data are Description: Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded. The June 2020 WEO Update provides additional information on the economic forecast during the pandemic. The IMF Press Center is a password-protected site for working journalists.
© 2020 International Monetary Fund. Projections for these indicators are provided only through 2021.
Description: In 2021 global growth is projected at 5.4 percent. 7 OECD ECONOMIC OUTLOOK Report june 2020 Extract of the report 10 june 2020 The spread of Covid-19 has shaken people’s lives around the globe in an extraordinary way, threatening health, disrupting economic activity, and hurting wellbeing and jobs. Global growth is projected to reach 3.9 percent in 2018 and 2019, in line with the forecast of the April 2018 World Economic Outlook (WEO), but the expansion is becoming less even, and risks to the outlook are mounting.
Description: Selected series from the publication are available in a database format. “The picture today is less dire” than it appeared in June when the IMF last updated its forecasts, Ms. Georgieva said in remarks prepared for delivery Tuesday in London. Global growth is projected to rise from an estimated 2.9 percent in 2019 to 3.3 percent in 2020 and 3.4 percent for 2021—a downward revision of 0.1 percentage point for 2019 and 2020 and 0.2 for 2021 compared to those in the October World Economic Outlook (WEO).
A Survey by the IMF staff usually published twice a year. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded. Selected series from the publication are available in a database format. Annexes, boxes, charts, and an extensive statistical appendix augment the text. Momentum in manufacturing activity, in particular, has weakened substantially, to levels not seen since the global financial crisis. The IMF Press Center is a password-protected site for working journalists. Country Groups (aggregated data) and commodity prices. Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The World Economic Outlook (WEO) database is now available in SDMX format from our Entire Dataset page. After slowing sharply in the last three quarters of 2018, the pace of global economic activity remains weak. Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website. The International Monetary Fund (IMF) Managing-Director Kristalina Georgieva on October 6 said that the global economic downfall due to the COVID-19 pandemic not as bad as previously projected. Description: 6 A notable shift toward increased monetary policy accommodation—through both action and communication—has cushioned the impact of these tensions on financial market sentiment and activity, while a generally resilient service sector has supported employment growth. The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries.The WEO is released in April and September/October each year. commodity prices whose data are reported by the IMF. ASEAN - Association of Southeast Asian Nations, Industries - Hospitality, Travel and Tourism, Insurance - Risk Assessment and Management, Environmental Conservation and Protection, Ecosystems and Habitats - Oceans and Seas, Public Policy - Social Services and Welfare, International Relations - Trade and Tariffs, Public Policy - City Planning and Urban Development, Power Resources - Alternative and Renewable, Annual Report on Exchange Arrangements and Exchange Restrictions. Rising trade and geopolitical tensions have increased uncertainty about the future of the global trading system and international cooperation more generally, taking a toll on business confidence, investment decisions, and global trade.
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