IMF Projects Fastest Economic Growth in Developing Asia, Reaching 6.4% in 2022

Economics & Macro

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Vika Azkiya Dihni 20/09/2021 17:30 WIB

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The International Monetary Fund (IMF) projects global economic growth of 4.9% in 2022. Developing economies in Asia are projected to grow the highest at 6.4% in 2022.

IMF's 2022 World Economic Growth Projections

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IMF Projects Fastest Economic Growth in Developing Asia, Reaching 6.4% in 2022

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IMF's 2022 World Economic Growth Projections

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The International Monetary Fund (IMF) projects global economic growth of 4.9% in 2022. This growth projection stems partly from improvements in health metrics such as vaccine usage in various countries.

Developing economies in Asia are predicted to experience the highest growth in 2022, at 6.4%. The United States follows with a projected 2022 economic growth of 4.9%. The United Kingdom is projected to have economic growth of 4.8%. European economic growth is estimated to reach 4.3% in 2022.

Sub-Saharan Africa is projected to have economic growth reaching 4.1% in 2022. Meanwhile, the economic growth of the Middle East and Central Asia is projected to reach 3.7% this year.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."