Global Economic Prospects – January 2022 Underlying data and charts can be found at
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GEP-January-2022-Presentation
Global Economic Prospects January 2022 www.worldbank.org/gepGlobal Economic Prospects – January 2022Global Economic Prospects – January 2022Underlying data and charts can be found atwww.worldbank.org/gepGlobal Growth Forecasts Substantial SlowdownGDP growth(Percent)Regional Growth Forecasts Slowing Growth in Several RegionsGDP growth, by region(Percent)Uneven Global Recovery Weak Output and Investment; Lasting ScarringDeviation of output with pre-pandemic trends by 2023(Percent)Deviation of investment from pre-pandemic trends(Percent)Risks Multiple; Possibility of Hard LandingInterconnected Risks Higher Inflation; Tightening Financial ConditionsInflation surprises(Index, >0 = upside data surprise)Financing conditions(Index; January 1, 2021 = 100)Income Inequality Increase Across and Within CountriesChange in between-country income inequality(Point change; annualized)Change in Gini index, 2020(Points)Commodity Cycles Dependence on Commodity Exports; Sharp Rebound in 2020; Larger Booms than SlumpsCommodity exports in EMDEs(Percent of exports)Energy prices and global recessions(Percent change from previous year)Amplitude of commodity cycles (Percent) Lessons from Past Debt Restructurings Elevated Debt in LICs; Past Restructurings Offered Substantial Debt ReliefGovernment debt in LICs(Percent)Debt relief granted(Percent of stock of debt)Number of debtor countries included(Number)Policy Priorities Measures to Ensure Green, Resilient, and Inclusive GrowthMonetary and Fiscal Policies Policy Tightening Underway; Space LimitedPolicy rates in EMDEs(Percent)Fiscal impulse in EMDEs(Percentage points of potential GDP)Climate Challenges High Emissions Underscore Need for Green TransitionChange in greenhouse gas emissions(Percent)Share of renewables in global energy supply(Percent)Global Economic Prospects January 2022www.worldbank.org/gepSelect Publications by EFI Prospects Group
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