World Bank sees modest global 2020 rebound

World Bank sees modest global 2020 rebound

The World Bank forecast the global economy will grow 2.5% this year, up from 2.4% growth in 2019. That reflects an expected recovery in some emerging and developing countries that had a diffcult 2019. For the US, the World Bank sees GDP growth slowing from 2.3% in 2019 to 1.8% in 2020 and then to 1.7% in 2021 and 2022. In Europe, last year’s 1.1% growth is expected to be followed by 1% this year.

David
David
Fin
Fin 3 months

Ouch

Top in Business
Get the App