The UK and Russia are the only G20 economies predicted to shrink in 2023

Real GDP growth projections, %

-4%

-2

0

2

4

6

India

China

Indonesia

Turkey

Saudi Arabia

Mexico

Australia

Spain

South Korea

US

Japan

Canada

Brazil

France

Italy

South Africa

Germany

Argentina

UK

Russia

-4%

-2

0

2

4

6

India

China

Indonesia

Turkey

Saudi Arabia

Mexico

Australia

Spain

South Korea

US

Japan

Canada

Brazil

France

Italy

South Africa

Germany

Argentina

UK

Russia