World Economic Situation and Prospects 2019
Global growth is expected to remain at 3.0 per cent in 2019 and 2020, however, the steady pace of expansion in the global economy masks an increase in downside risks that could potentially exacerbate development challenges in many parts of the world, according to the World Economic Situation and Prospects 2019. The global economy is facing a confluence of risks, which could severely disrupt economic activity and inflict significant damage on longer-term development prospects. These risks include an escalation of trade disputes, an abrupt tightening of global financial conditions, and intensifying climate risks.
In many developed countries, growth rates have risen close to their potential, while unemployment rates have dropped to historical lows. Among the developing economies, the East and South Asia regions remain on a relatively strong growth trajectory, amid robust domestic demand conditions. Beneath the strong global headline figures, however, economic progress has been highly uneven across regions. Despite an improvement in growth prospects at the global level, several large developing countries saw a decline in per capita income in 2018. Even among the economies that are experiencing strong per capita income growth, economic activity is often driven by core industrial and urban regions, leaving peripheral and rural areas behind. While economic activity in the commodity-exporting countries, notably fuel exporters, is gradually recovering, growth remains susceptible to volatile commodity prices. For these economies, the sharp drop in global commodity prices in 2014/15 has continued to weigh on fiscal and external balances, while leaving a legacy of higher levels of debt.
Full Report:
- English (15 mb)
Executive Summary:
- (296 kb) العربية ,
- 中文 (358 kb),
- English (78 kb),
- Français (201 kb),
- Русский (247 kb),
- Español (197 kb)
Chapters & Info:
- Table of Contents (1.2 mb)
- Chapter I: Global economic outlook (3.3 mb)
- Chapter II: Macroeconomic prospects and the implementation of the 2030 Agenda for Sustainable Development (968 kb)
- Chapter III: Regional developments and outlook
- Developed economies (1.7 mb)
- Economies in transition (2.6 mb)
- Africa (1.8 mb)
- East Asia (1.6 mb)
- South Asia (1.5 mb)
- Western Asia (1.6 mb)
- Latin America and the Caribbean (1.6 mb)
- Annex (1.1 mb)
- Bibliography (447 kb)
Press Release:
- (241 kb) العربية ,
- 中文 (293 kb),
- English (74 kb),
- Français (191 kb),
- Русский (320 kb),
- Español (213 kb)
Regional Press Releases:
- Europe
- Western Asia
- English (133 kb),
- (158 kb) العربية
- Southern Asia (135 kb)
- Africa
- English (140 kb)
- Commonwealth of Independent States
- East & South Asia
- English (134 kb),
- 中文 (238 kb)
- Latin America & Caribbean
Additional Info:
- Fact Sheet (117 kb)
- Key Findings (46 kb)
- Press Conference
- Video
- Infographics:
- Trade Tensions, Uncertainty, and Climate Change (360 kb)
Optimised for: Facebook, Twitter - What does it mean for your economy? (277 kb)
Optimised for: Facebook, Twitter - Africa's economic growth falls short (300 kb)
Optimised for: Facebook, Twitter - South Asia's outlook favourable (328 kb)
Optimised for: Facebook, Twitter - Latin America's growth to pick up (374 kb)
Optimised for: Facebook, Twitter - East Asia's growth to moderate (295 kb)
Optimised for: Facebook, Twitter - EU faces downside risks (352 kb)
Optimised for: Facebook, Twitter - North America Slows Down (263 kb)
Optimised for: Facebook, Twitter - Positive trends for economies in transition (284 kb)
Optimised for: Facebook, Twitter
- Trade Tensions, Uncertainty, and Climate Change (360 kb)
Press:
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- 提防气候变迁贸易战‧联合国:全球今年成长3%
- 全球经济放缓去美元化加速 2019年央行购金潮或持续
- UN News: Global economy to see ‘steady’ growth of three per cent in 2019 despite risks, says UN
- UN News Interview: Global economic growth steady but uneven, posing challenges for development
- Financial Times: UN joins chorus warning of global slowdown
- Reuters: U.N. sees global economy growing 3 percent in 2019 but beset by risk
- AP: UN forecasts global economic growth around 3 percent in 2019
- CNBC: United Nations on three big risks to global growth
- France24: UN warns trade disputes, climate could disrupt growth
- Euronews: UN sees global economy growing 3 percent in 2019 but beset by risk
- Washington Post: UN forecasts global economic growth around 3 percent in 2019
- Reuters Video: U.N. and IMF warn of "fragile" global growth and looming risks
- Politico: Shutdown continues to drag on the economy
- Financial Post: UN forecasts global economic growth around 3 per cent in 2019
- Xinhua: Global economic growth to remain at 3 pct in 2019-2020: UN
- Global Times: Global economic growth to remain at 3 pct in 2019-2020: UN
- Новости ООН: Прогноз: российская экономика будет расти медленнее, чем ожидалось
- RT: В ООН предрекли снижение роста экономик США и Китая в 2019 году
- РАМБЛЕР: Пессимисты из МВФ и ООН обрушили рынки Об этом сообщает Рамблер.
- Парламентская газета: ООН спрогнозировала снижение роста экономик США и Китая
- ФАН-ТВ: Ждать ли мирового кризиса? ООН презентовала экономические перспективы 2019 года.
- El Economista: ONU proyecta crecimiento de economía global de 3% para este año
- El Universal: ONU advierte que guerras comerciales y cambio climático afectan crecimiento mundial
- Televisa News: Onu prevé crecimiento global del 3% en 2019
- El Mundo: ONU advierte que guerras comerciales y cambio climático afectan crecimiento mundial
- Panorama: ONU proyecta crecimiento economía global de 3% en 2019, pero asediado por riesgos
- ONU News Entrevista: Análise de especialista Helena Afonso sobre situação econômica mundial em 2019
- La Republica: ONU proyecta crecimiento economía global de 3% en 2019 asediado por riesgos
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