| Economic Indicators: G7 & Europe | |||||
| Forecast | |||||
| 2018 | 2019 | 2020 | 2021 | ||
| Real GDP (annual per cent change) | |||||
| G7 (30.1%)* | 2.0 | 1.7 | 1.4 | 1.5 | |
| U.S. | 2.9 | 2.3 | 2.0 | 1.9 | |
| Japan | 0.3 | 1.2 | 0.6 | 0.8 | |
| Euro Area | 1.9 | 1.2 | 1.0 | 1.3 | |
| Germany | 1.5 | 0.5 | 0.5 | 1.4 | |
| France | 1.7 | 1.3 | 1.3 | 1.3 | |
| Italy | 0.7 | 0.1 | 0.4 | 0.8 | |
| United Kingdom | 1.4 | 1.3 | 0.9 | 1.5 | |
| Canada | 2.0 | 1.7 | 1.6 | 1.8 | |
| Consumer Price Index (annual per cent change) | |||||
| G7 | 2.1 | 1.5 | 1.8 | 1.9 | |
| U.S. | 2.4 | 1.8 | 2.2 | 2.2 | |
| Japan | 1.0 | 0.6 | 1.3 | 1.1 | |
| Euro Area | 1.8 | 1.1 | 1.0 | 1.4 | |
| Germany | 1.9 | 1.3 | 1.3 | 1.6 | |
| France | 2.1 | 1.3 | 1.3 | 1.6 | |
| Italy | 1.2 | 0.7 | 0.9 | 1.4 | |
| United Kingdom | 2.5 | 1.8 | 1.4 | 1.7 | |
| Canada | 2.2 | 2.0 | 1.9 | 2.0 | |
| Unemployment Rate (per cent annual averages) | |||||
| U.S. | 3.9 | 3.7 | 3.7 | 3.7 | |
| Japan | 2.4 | 2.4 | 2.6 | 2.6 | |
| Euro Area | 8.2 | 7.6 | 7.7 | 7.7 | |
| Germany | 5.2 | 5.0 | 5.1 | 5.1 | |
| France | 9.1 | 8.6 | 8.6 | 8.6 | |
| Italy | 10.6 | 10.0 | 10.0 | 10.1 | |
| United Kingdom | 4.0 | 3.8 | 3.9 | 3.9 | |
| Canada | 5.8 | 5.7 | 5.9 | 5.8 | |
| *Share of 2018 world gross domestic product (GDP) at PPP. | |||||
| Forecast as at December 2019. | |||||
| Source: National statistics agencies, TD Economics. | |||||