The IMF forecasts the UK will be

the only G7 economy to fall into

negative growth this year

UK

G7 economic growth,

year on year %

change.

IMF projection

January 2023

4%

3

2

1

0

1-

2022

2023

2024

US

Germany

4%

3

2

1

0

1-

2022

2023

2024

2022

2023

2024

France

Italy

4%

3

2

1

0

1-

2022

2023

2024

2022

2023

2024

Japan

Canada

4%

3

2

1

0

1-

2022

2023

2024

2022

2023

2024

The IMF forecasts the UK will be the

only G7 economy to fall into negative

growth this year

UK

4%

3

2

1

G7 economic growth, year on year % change.

IMF projection, January 2023

0

1-

2022

2023

2024

US

Germany

France

4%

3

2

1

0

1-

2022

2023

2024

2022

2023

2024

2022

2023

2024

Italy

Japan

Canada

4%

3

2

1

0

1-

2022

2023

2024

2022

2023

2024

2022

2023

2024