IMF
IMF
2022-4-1
Report on time, economic damage from the Ukraine conflict will contribute to a significant slowdown in global growth in 2022 and add to inflation. Fuel and food prices have increased rapidly, hitting vulnerable populations in low-income countries hardest. Global growth is projected to slow from an estimated 6.1 % in 2021 to 3.6 % in 2022 and 2023. This is 0.8 % and 0.2 % points lower for 2022 and 2023 than projected in January. Beyond 2023, global growth is forecast to decline to about 3.3 % over the medium term. War-induced commodity price increases and broadening price pressures have led to 2022 inflation projections of 5.7 % in advanced economies and 8.7 percent in emerging market and developing economies—1.8 % and 2.8 % points higher than projected last January. Multilateral efforts to respond to the humanitarian crisis, prevent further economic fragmentation, maintain global liquidity, manage debt distress, tackle climate change, and end the pandemic are essential. The executive summary and full report is available.
- Climate Shocks
- COVID-19 Pandemic
- Economic
- Ukraine War
- Africa
- Algeria
- Angola
- Argentina
- Armenia
- Asia
- Azerbaijan
- Bolivia (Plurinational State of)
- Brazil
- Burkina Faso
- Cameroon
- Canada
- Caribbean
- Central Africa
- Chad
- Chile
- China
- Colombia
- Congo-Kinshasa (Democratic Republic of the Congo (DRC))
- Côte d'Ivoire
- East Africa
- Ecuador
- Egypt (Arab Republic)
- Equatorial Guinea
- Ethiopia
- Europe
- France
- Gabon
- Georgia
- Germany
- Ghana
- Global
- Horn of Africa
- Iran (Islamic Republic)
- Iraq
- Israel
- Italy
- Japan
- Jordan
- Kazakhstan
- Kenya
- Kuwait
- Latin America
- Mali
- Mexico
- Morocco
- Nigeria
- North America
- Oman
- Pakistan
- Paraguay
- Peru
- Puerto Rico
- Qatar
- Russia (Russian Federation)
- Saudi Arabia
- Senegal
- South America
- South Asia
- Southern Africa
- Sub-Saharan Africa
- Sudan
- Tanzania (United Republic of)
- Tunisia
- Turkmenistan
- Uganda
- United Arab Emirates
- United States of America
- Uruguay
- Uzbekistan
- Venezuela (Bolivarian Republic of)
- West Africa
- Zambia
- Low- and Middle-Income Countries (LMICs)
- Country-level population(s)
- Research
- Report