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  • India - This Decade

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    Abdeali NajmiPatanwala
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    The document contains recession probability forecasts for various countries and regions in 2023. The UK, New Zealand and US have the highest predicted probabilities of recession at 75%, 70% and 65% respectively. India has the lowest predicted probability of recession at 0%. The document also contains projections for real GDP growth in 2023, with India expected to see the highest growth of 5.9%, while Germany is predicted to see the lowest growth of -0.1%.

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    India _ This Decade

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    The document contains recession probability forecasts for various countries and regions in 2023. The UK, New Zealand and US have the highest predicted probabilities of recession at 75%, 70% and 65% respectively. India has the lowest predicted probability of recession at 0%. The document also contains projections for real GDP growth in 2023, with India expected to see the highest growth of 5.9%, while Germany is predicted to see the lowest growth of -0.1%.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Download as pdf or txt
    9 views2 pages

    India - This Decade

    Uploaded by

    Abdeali NajmiPatanwala
    The document contains recession probability forecasts for various countries and regions in 2023. The UK, New Zealand and US have the highest predicted probabilities of recession at 75%, 70% and 65% respectively. India has the lowest predicted probability of recession at 0%. The document also contains projections for real GDP growth in 2023, with India expected to see the highest growth of 5.9%, while Germany is predicted to see the lowest growth of -0.1%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 2

    Recession Probabilities

    Worldwide 2023
    UK
    NEW ZEALAND
    75%
    70%
    US
    65%

    GERMANY
    INDIA 60%
    0% ITALY
    60%
    INDONESIA
    2% CANADA
    60%
    SAUDI ARABIA
    5% FRANCE
    50%
    CHINA
    12.5%
    SOUTH AFRICA
    BRAZIL 45%
    15%
    AUSTRALIA
    SWITZERLAND 40%
    20%
    RUSSIA
    SPAIN
    37.5%
    25% JAPAN
    MEXICO SOUTH KOREA
    27.5% 35%
    30%

    Source: Bloomberg April 2023


    World Output
    Projection 2023
    Real GDP, annual percent change

    UK INDIA
    -0.3 5.9 CHINA

    GERMANY 5.2
    INDONESIA
    -0.1
    5.0
    SOUTH AFRICA
    0.1
    SAUDI ARABIA
    3.1
    FRANCE
    0.7 MEXICO
    1.8
    ITALY
    0.7 AUSTRALIA
    1.6
    RUSSIA
    0.7 US
    1.6
    SWITZERLAND
    0.8
    KOREA
    BRAZIL 1.5
    0.9
    NEW CANADA
    ZEALAND JAPAN SPAIN
    1.5
    1.3 1.5
    1.1

    For India, data and forecasts are presented on a fiscal Source:


    April
    year basis. India's growth projections are 5.4% in 2023 World Economic
    2023
    and 6.3% in 2024 based on the calendar year. Outlook IMF

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