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Overview

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Our Summer global economic outlook projects slightly stronger short-term global economic growth prospects than three months ago. We have raised our forecast for global GDP growth this year from 5.5 per cent to almost 6 per cent, with GDP growth of 4.5 per cent (up from 4.25 per cent) for 2022. The upgrade for this year reflects robust performance in the first half of this year despite the Covid-19 delta variant affecting many countries.

Suggested Citation

  • Niesr, 2021. "Overview," National Institute Global Economic Outlook, National Institute of Economic and Social Research, issue 3, pages 1-4.
  • Handle: RePEc:nsr:niesrb:i:3:y:2021:p:4
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    File URL: https://www.niesr.ac.uk/publication-type/global-economic-outlook
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