Economic
Indicators: G7 & Europe |
|
|
Forecast |
2019 |
2020 |
2021 |
2022 |
Real GDP (annual per cent change) |
G7 (30.1%)* |
1.6 |
-5.1 |
5.0 |
4.0 |
|
U.S. |
2.2 |
-3.5 |
5.7 |
4.3 |
|
Japan |
0.3 |
-4.9 |
2.9 |
2.2 |
|
Euro Area |
1.3 |
-6.8 |
4.5 |
4.4 |
|
Germany |
0.6 |
-5.3 |
4.0 |
4.0 |
|
France |
1.5 |
-8.2 |
5.7 |
3.7 |
|
Italy |
0.3 |
-8.9 |
4.9 |
4.3 |
|
United Kingdom |
1.4 |
-9.9 |
5.0 |
6.6 |
|
Canada |
1.9 |
-5.4 |
6.0 |
3.9 |
Consumer Price Index (annual per cent change) |
G7 |
1.5 |
0.7 |
1.6 |
1.6 |
|
U.S. |
1.8 |
1.2 |
2.5 |
2.0 |
|
Japan |
0.5 |
0.0 |
-0.1 |
0.4 |
|
Euro Area |
1.2 |
0.3 |
1.3 |
1.2 |
|
Germany |
1.3 |
0.4 |
1.6 |
1.4 |
|
France |
1.3 |
0.5 |
1.0 |
1.3 |
|
Italy |
0.6 |
-0.1 |
0.7 |
0.9 |
|
United Kingdom |
1.8 |
0.9 |
1.5 |
1.8 |
|
Canada |
2.0 |
0.7 |
2.4 |
2.3 |
Unemployment Rate (per cent annual averages) |
|
U.S. |
3.7 |
8.1 |
5.7 |
4.1 |
|
Japan |
2.4 |
2.8 |
3.7 |
3.0 |
|
Euro Area |
7.6 |
7.9 |
8.9 |
8.5 |
|
Germany |
5.0 |
5.9 |
6.0 |
5.6 |
|
France |
8.5 |
8.0 |
9.7 |
9.1 |
|
Italy |
10.0 |
9.0 |
10.9 |
9.9 |
|
United Kingdom |
3.7 |
4.6 |
6.5 |
5.7 |
|
Canada |
5.7 |
9.6 |
7.2 |
6.1 |
*Share of 2018 world gross domestic product (GDP) at PPP. |
Forecast as at March 2021 |
Source: National statistics agencies, TD Economics. |
|
|
|
|
|
|