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The IMF's latest World Economic Outlook said the shifts will leave 2024 global GDP growth unchanged from the 3.2% projected in July, setting a lackluster tone for growth as world finance leaders ...
IMF economist Pierre-Olivier Gourinchas gave his assessment as the organization projected that global economic growth will slow to an estimated 3% in 2023 and 2024, down from 3.5% in 2022.
The world economy has lost momentum from the impact of higher interest rates, the invasion of Ukraine and widening geopolitical rifts, and it now faces new uncertainty from the war between Israel ...
Data are in millions of international dollars; they were compiled by the World Bank. The third table is a tabulation of the CIA World Factbook GDP (PPP) data update of 2019. The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to 2007.
The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF's definitive data for the past year and estimates for the current year are published twice a year in ...
The Asian Development Outlook fared better at estimating both current-year gross domestic product (GDP) growth and consumer price index (CPI) inflation of Asian economies. The World Economic Outlook was more accurate at predicting year-ahead GDP forecasts. Both publications lacked accuracy during the years when the region was facing economic ...
India surpassed the UK as the world’s fifth-largest economy in 2023, and analysts at ... dampening the economic outlook for the full financial year. GDP grew at just 5.4 per cent in the July ...
The OECD Main Economic Indicators (as well as a related twice-yearly publication called Economic Outlook) inform commentary on economic performance in the mainstream and financial press, including by Reuters, Agence France-Presse, the Wall Street Journal, and Bloomberg. [6] [7] [8] [9]
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