Investor Presentaiton
THE GLOBAL ECONOMY IS PROJECTED TO RECOVER IN 2021 & 2022
However, the momentum has weakened with elevating uncertainty
GLOBAL GROWTH AND TRADE PROJECTION
BY IMF (%, YOY)
HAGARA DARA RANCA
IMF REGIONAL ECONOMIC GROWTH PROJECTIONS (%, YOY)
United States
Emerging & Developing Asia
Latin America & The Caribbean
7.2
6.3
5.4
6
5.2
World Trade Volume
World Economic Growth
63
3.0
2.2
9.7
0.1
2.8
0.9
6.7
5.9
4.9
2019
2020
2021f
2022f
1.5
-3.1
-3.5
-0.9
7.0
2019
2020 2021f
2022f
2019
2020
2021f 2022f
2019
2020
2021f
2022f
Euro Area
ASEAN-5
5.0
4.3
4.9
5.8
3.1
Sub-Saharan Africa
3.7
3.8
2.9
-3.4
-1.7
-8.2
World economic growth and trade is projected
to recover in 2021 and 2022.
Supported by vaccinations, stimulus, and
improving socio-economic activities amidst the
adaptation of new norms.
2019
-6.3
2020
2021f
2022f
2019
2020
2021f
2022f
2019
2020
2021f
2022f
The downward revision for 2021 reflects a downgrade for advanced economies—in part due to
supply disruptions—and for low-income developing countries, largely due to worsening pandemic
dynamics.
• This is partially offset by stronger near-term prospects among some commodity-exporting
emerging market and developing economies.
Rapid spread of Delta and risks stemming from new variants have raised uncertainty.
Source WEO IMF, October 2021View entire presentation