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Table Of IMF Economic Growth Forecasts

The table shows GDP growth forecasts in percentages, with the change from the October WEO in parentheses.

By Nebianet Usaini
Updated January 31, 2023
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Press briefing for the World Economy Outlook update in Singapore on January 31, 2023. (Photo by Roslan RAHMAN / AFP)

The International Monetary Fund on Monday published its latest economic growth projections for 2023 and 2024 in a quarterly update to its World Economic Outlook (WEO).

The table shows GDP growth forecasts in percentages, with the change from the October WEO in parentheses.

 

IMF Chief Economist and Director Pierre-Olivier Gourinchas (C) and Division Chief of the Research Department Daniel Leigh (R) attend a press briefing for the World Economy Outlook update in Singapore on January 31, 2023. (Photo by Roslan RAHMAN / AFP)

 

2023 2024
World 2.9 (+0.2) 3.1 (-0.1)
Advanced economies 1.2 (+0.1) 1.4 (-0.2)
United States 1.4 (+0.4) 1.0 (-0.2)
Euro area 0.7 (+0.2) 1.6 (-0.2)
Germany 0.1 (+0.4) 1.4 (-0.1)
France 0.7 (0.0) 1.6 (0.0)
Italy 0.6 (+0.8) 0.9 (-0.4)
Spain 1.1 (-0.1) 2.4 (-0.2)
Japan 1.8 (+0.2) 0.9 (-0.4)
Britain -0.6 (-0.9) 0.9 (+0.3)
Canada 1.5 (0.0) 1.5 (-0.1)
Emerging & developing economies 4.0 (+0.3) 4.2 (-0.1)
China 5.2 (+0.8) 4.5 (0.0)
India 6.1 (0.0) 6.8 (0.0)
Russia 0.3 (+2.6) 2.1 (+0.6)
Latin America & Caribbean 1.8 (+0.1) 2.1 (-0.3)
Brazil 1.2 (+0.2) 1.5 (-0.4)
Mexico 1.7 (+0.5) 1.6 (-0.2)
Middle East & Central Asia 3.2 (-0.4) 3.7 (+0.2)
Sub-Saharan Africa 3.8 (+0.1) 4.1 (0.0)
South Africa 1.2 (+0.1) 1.3 (0.0)
Global inflation 6.6 (+0.1) 4.3 (+0.2)

 

 

 

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