| Area/Country | Actual 2021 | Actual 2022 | World Bank forecasts for 2023: Initial forecast | World Bank forecasts for 2023: Revised forecast |
|---|---|---|---|---|
| India | 8.7 | 7.2 | 6.6 | 6.3 |
| Brazil | 4.6 | 2.9 | 1.5 | 1.2 |
| Japan | 1.7 | 1.0 | 1.3 | 1.0 |
| South Africa | 4.9 | 2.0 | 1.4 | 0.9 |
| Eurozone | 5.3 | 3.5 | 1.1 | 0.8 |
| World | 5.8 | 3.1 | 3.0 | 2.1 |
Explain how the data in Extract C show that the World Bank has become less confident about economic growth rates.
327 exam-style questions on AQA A Level Economics 2.3 Economic performance, covering 2.3.1 Economic growth and the economic cycle, 2.3.2 Employment and unemployment, 2.3.3 Inflation and deflation, and 2.3.4 Possible conflicts between macroeconomic policy objectives. Each one has a worked solution and a mark scheme showing where the marks go.