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IMF New Forecast 2021

The International Monetary Fund revised its estimates related to the GDP growth in 2021 and 2022. In the latest World Economic Outlook released on October 12th, 2021, IMF revised down its 2021 World GDP projection by 0.1 percentage points (from 6% to 5.9%) and left unchanged the forecast for 2022 (4.9%).


Although the recovery continues worldwide, the worsening of the pandemic and the inflation derived from the increase of raw materials prices disrupted the global supply chain, especially in low-income countries and several advanced economies. IMF lowered the 2021 GDP for