Passenger Performance and Strategies
World Economic Outlook
•
•
The Chung-Hwa Institution for Economic Research (CIER) forecasts global
economic growth of 2.77% in 2019, compared to 3.19% in 2018, marking the
second consecutive year of decline.
Amid a global slowdown in economic growth, the major economies- America,
Eurozone, China and Japan- will experience a deceleration of growth in 2020.
Major Economies 2019-2020 Economic Growth Rate
Canada
1.41% 1.76%
U.S.
2.59% 1.82%
1.69% 1.91%
Russia
1.41% 2.05%
South Korea
Japan
1.08% 0.79%
U.K.
Eurozone
1.04% 1.03%
6.23% 5.93%
China
India
Taiwan
1.93% 2.00%
ASEAN
6.57% 6.76%
Indonesia
4.94% 5.02%
0.75% 0.36%
CHINA AIRLINES
Brazil
0.59% 1.49%
Malaysia 4.40% 4.41%
Philippine 5.98% 6.03%
Thailand
3.38% 3.29%
Singapore 1.38% 1.88%
Brunei
4.30% 4.20%
South Africa
0.68% 1.59%
Australia
2.08% 2.53% Laos
Cambodia
6.90% 6.62%
6.50% 6.50%
Myanmar
Vietnam
6.70%-6.90%
6.57% 6.45%
Source: CIER
12View entire presentation