pellinore Posted February 5 #1 Share Posted February 5 (edited) Since Russia’s invasion of Ukraine early last year, talk of global recession has dominated the outlook for 2023. High inflation, spurred by rising energy costs, has tested GDP growth. Tightening monetary policy in the U.S., with interest rates jumping from roughly 0% to over 4% in 2022, has historically preceded a downturn about one to two years later. For European economies, energy prices are critical. The good news is that prices have fallen recently since March highs, but the continent remains on shaky ground. The above infographic maps GDP growth forecasts by country for the year ahead, based on projections from the International Monetary Fund (IMF) October 2022 Outlook and January 2023 update. Mapped: GDP Growth Forecasts by Country, in 2023 (visualcapitalist.com) Edited February 5 by pellinore Link to comment Share on other sites More sharing options...
+Desertrat56 Posted February 5 #2 Share Posted February 5 Yeah, blame it on the Russians. Link to comment Share on other sites More sharing options...
Gromdor Posted February 6 #3 Share Posted February 6 Looks like the only ones headed towards recession are Chile, the UK, Sweden, and Equatorial Guinea. Link to comment Share on other sites More sharing options...
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