Publications | Economic Analysis and Policy Division

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01 February 2022

World Economic Situation and Prospects: February 2022 Briefing, No. 157

Download the PDF After a strong recovery in 2021, global growth momentum is losing steam The World Economic Situation and Prospects (WESP) 2022 warns that global economic recovery hinges on a delicate balance amid new waves of COVID-19 infections, persistent labour market challenges, lingering supply-chain constraints and rising inflationary pressures. After a global contraction of 3.4 per cent in 2020 and following an expansion of 5.5 per cent in 2021, the highest rate of growth in more than four decades, the world economy is projected to grow by 4 per cent in 2022 and 3.5 per cent in 2023. World gross product in 2021 was 1.9 per cent higher than in 2019 but still 3.3 per cent below… World Economic Situation and Prospects: February 2022 Briefing, No. 157

13 January 2022

World Economic Situation and Prospects 2022

UN warns global economic recovery is losing steam The global economic recovery is facing significant headwinds amid new waves of COVID-19 infections, persistent labour market challenges, lingering supply-chain challenges and rising inflationary pressures. After expanding by 5.5 per cent in 2021, the global output is projected to grow by only 4.0 per cent in 2022 and 3.5 per cent in 2023, according to the United Nations World Economic Situation and Prospects (WESP) 2022, which was launched today. The robust recovery in 2021 ? driven by strong consumer spending and some uptake in investment, with trade in goods surpassing pre-pandemic levels ? marked the highest growth rate in more than four… World Economic Situation and Prospects 2022

05 January 2022

Cooperatives in social development – 2021 Resolution