IMF predicted global economic growth for 2 years

27 January 2021, 06:16 | Economy
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According to the forecast of the International Monetary Fund, despite the global pandemic, the world economy will grow by 5.5% this year, and in 2022 it will grow by 4.2%.

This is reported by "

“The growth and recovery process this year will take place against the backdrop of the 2020 economic collapse, which has had an extremely negative impact on women, youth, low-income people, informal workers and those whose work involves close contact with others.. The contraction of the global economy in 2020 is estimated at -3.5%, "

The report also indicates that the growth of the world economy in 2022 should be - 4.2%, which is 1.3 less than forecast for the current year..

The IMF notes that the degree of growth in each individual country will depend on factors such as:

citizens' access to health care, the effectiveness of state support, the state's dependence on foreign markets, and those structural indicators that were in the country at the beginning of the crisis..

According to the analysis, the economy of developed countries in 2021 will grow by an average of 4.3%, at the same time, the economy of developing countries should add + 6.3%. In 2022, the world's leading economies will add 3.1%, emerging markets will grow by exactly 5%.




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