World Economic Situation and Prospects 2018
The world economy has strengthened as lingering fragilities related to the global financial crisis subside. In 2017, global economic growth reached 3 per cent—the highest growth rate since 2011—and growth is expected to remain steady for the coming year. The improved global economic situation provides an opportunity for countries to focus policy towards longer-term issues such as low carbon economic growth, reducing inequalities, economic diversification and eliminating deep-rooted barriers that hinder development.
However, the recent improvements in growth remain unevenly distributed across countries and regions. Economic prospects for many commodity exporters remain particularly challenging. Negligible growth in per capita GDP is anticipated in several parts of Africa, Western Asia, and Latin America and the Caribbean. The impacted regions combined are home to 275 million people living in extreme poverty. Without sustained, economic growth, the chances of bringing that number to zero remain slim. To achieve the goals of eradicating poverty and creating decent jobs for all, it is essential to address the longer‑term structural issues that hold back a faster progress towards sustainable development.
- Press Release:
- (139 kb) العربية,
- 中文 (272 kb),
- English (133 kb),
- Français (133 kb),
- Русский (148 kb),
- Español (133 kb)
- Executive Summary:
- (253 kb) العربية ,
- 中文 (550 kb),
- English (71 kb),
- Français (214 kb),
- Русский (248 kb),
- Español (203 kb)
- Chapters & Info:
- Chapter I: Global economic outlook (1.9 mb)
- Chapter II: Uncertainties, risks and policy challenges (771 kb)
- Chapter III: Regional developments and outlook (1.5 mb)
- Annex (1.1 mb)
- Regional Press Releases:
- Europe
- English (133 kb)
- Français (130 kb)
- English (Europe CIS) (134 kb)
- Western Asia
- English (133 kb),
- (158 kb) العربية
- Southern Asia (135 kb)
- Africa
- Commonwealth of Independent States
- East & South Asia
- Additional Info:
- Fact Sheet (117 kb)
- Key Findings (46 kb)
- Video
- Infographic: Will Growth Cost The Earth? (342 kb)
Optimised for: Facebook, Twitter - Infographic: Is The Crisis Behind Us? (327 kb)
Optimised for: Facebook, Twitter - Infographic: Is China Growing? (325 kb)
Optimised for: Facebook, Twitter - Infographic: Growth Risks in Western Asia? (312 kb)
Optimised for: Facebook, Twitter - Infographic: What Prospects for South Asia? (326 kb)
Optimised for: Facebook, Twitter - Infographic: Is Africa Recovering?
Optimised for: Facebook, Twitter (283 kb) - Infographic: Is Latin America Catching Up? (260 kb)
Optimised for: Facebook, Twitter
- Raw Data:
- Data Tables (.xlsx, 177 kb)
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