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We have updated our tables of the IMF’s forecast and estimates of GDP growth rates for the G20 and the rest of the world for 2022 and 2021. The post has always been a favorite for our readers. The 2022 forecast ranks the world’s fastest to slowest growing economies in the ginormous table below.
The data are from the October 2021 IMF’s World Economic Outlook so are a bit stale and do not reflect the new COVID variants but are close enough for government work and snapshot of the coming year.
We have also added a chart of world GDP growth to illustrate how disruptive the COVID shock was. Some advanced economies are now overheating from too much stimulus, including the U.S., and will need to adjust fiscal and/or monetary policy. It’s is very difficult to forecast during the pandemic.
Related: Feels Like 1977: Inflation Too High, Money Too Loose