IMF cuts its global growth projection for 2022

Difference from January 2022 projection

World

US

-0.8

-0.3

10%

10%

Projections

3.7%

3.6%

0

0

-10

-10

2021

2022

2023

2021

2022

2023

Germany

France

–1.7

–0.6

10%

10%

2.9%

2.1%

0

0

-10

-10

2021

2022

2023

2021

2022

2023

Italy

Japan

–1.5

-0.9

10%

10%

2.4%

2.3%

0

0

-10

-10

2021

2022

2023

2021

2022

2023

UK

Canada

-1.0

–0.2

10%

10%

3.9%

3.7%

0

0

-10

-10

2021

2022

2023

2021

2022

2023

China

Russia

–0.4

–11.3

10%

10%

4.4%

0

0

-8.5%

-10

-10

2021

2022

2023

2021

2022

2023

Difference from January 2022 projection

World

US

Germany

France

Italy

-0.8

-0.3

–1.7

–0.6

–1.5

10%

10%

10%

10%

10%

Projections

3.7%

3.6%

2.9%

2.3%

2.1%

0

0

0

0

0

-10

-10

-10

-10

-10

2021

2022

2023

2021

2022

2023

2021

2022

2023

2021

2022

2023

2021

2022

2023

Japan

UK

Canada

China

Russia

-0.9

-1.0

–0.2

–0.4

–11.3

10%

10%

10%

10%

10%

4.4%

3.9%

3.7%

2.4%

0

0

0

0

0

-8.5%

-10

-10

-10

-10

-10

2021

2022

2023

2021

2022

2023

2021

2022

2023

2021

2022

2023

2021

2022

2023