2.3 Economic performance

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Question 24
Easy

Extract C: World Bank actual and forecast GDP growth rates for selected areas (% per annum)

Area/CountryActual 2021Actual 2022World Bank forecasts for 2023: Initial forecastWorld Bank forecasts for 2023: Revised forecast
India8.77.26.66.3
Brazil4.62.91.51.2
Japan1.71.01.31.0
South Africa4.92.01.40.9
Eurozone5.33.51.10.8
World5.83.13.02.1

Explain how the data in Extract C show that the World Bank has become less confident about economic growth rates.

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2.3 Economic performance Questions

  1. A Level
  2. /Economics
  3. /2.3 Economic performance