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World Growth 2020June 2020 According to the world bank forecast published on June 8, 2020 the world economy will shrink by 5.2% in 2020. The world bank forecast in January 2020 was a growth of 2.5%. The IMF forecast from April 2020 showed a negative growth of 3% in 2020. OECD 2019 World ForecastMarch 2019 The OECD released on March 6, 2019 an interim world forecast. According to the new forecast, compared to the previous November 2018 forecast, the OECD cuts the forecast for nearly all of the G20 economies. The economies of Italy, Turkey and Argentina are expected to contract. The growth forecast for 2019 is 3.3% compared to 3.5% in the previous forecast, while the forecast for 2020 is 1% compared to 1.8% in the previous forecast. World Economy Growth 2018January 2018 The International Monetary Fund, IMF, published on January 23, 2018 its world growth forecast. The forecast was increased to 3.9% growth in both years 2018 and 2019. World Economic OutlookApril 2016 The IMF published on April 12, 2016 its world economic outlook. The IMF lowered its 2016 growth estimate from 3.4% to 3.2%. The estimate for 2017 was reduced from previous 3.6% to 3.5%. The growth estimate for the USA is 2.4% in 2016 and 2.5% in 2017. World Economy Growth 2016January 2016 The IMF, International Monetary Fund, published on January 19, 2016 its world growth estimate. The IMF lowered the 2016 growth estimate from previous 3.6% to 3.4%.For 2017 the forecast was lowered from previous 3.8% to 3.6%. The 2016 growth estimate for China is 6.3% compared to 6.9% in 2015. World 2014 ForecastJanuary 2014 According to a release by the world bank dated January 14, 2014 the global growth is projected to rise by 3.2% in 2014 compared to 2.4% in 2013. The growth of the developing countries is expected to reach 5.3% in 2014 compared to 4.8% in 2013. OECD World Growth EstimateMay 2013 The Organisation for Economic Cooperation and Development, OECD, released on May 29, 2013 its forecast for 2013 and 2014. According to the forecast the world economy will grow by 3.1% in 2013 and by 4% in 2014. The previous November forecast was more optimistic with estimated growth rate of 3.4% in 2013 and 4.2% in 2014. OECD Global Economic ForecastMay 2011 The global recovery is firmly under way, according to the OECD's release on May 25. World gross GDP is projected to increase by 4.2% in 2011 and by 4.6% in 2012. Across OECD countries GDP is projected to rise by 2.3% in 2011 and by 2.8% in 2012, in line with the previous forecasts of November 2010. Global Competitiveness Report 2010-2011September 2010 According to the Global Competitiveness Report released by the World Economic Forum Switzerland tops the overall ranking. The United Stated falls two places to the fourth position, overtaken by Sweden 2nd and Singapore 3rd. In addition to Sweden the Nordic countries are well positioned in the top ten including Finland and Denmark positioned in the 7th and 9th position. The U.K. after falling in the ranking in previous years moves up by one place to the 12th postion. The rankings are calculated from both public data and the Executive Opinion Survey. Source: www.weforum.org |
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