Global Economic Outlook, 2018

Global GDP Growth Expected to Rise from 3.6% in 2017 to 3.7% in 2018 Supported by Increased Trade Flows, Higher Investments, and Strong Domestic Demand

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Amidst seismic events such as Brexit and oil production cuts, what is the outlook for the world economy in 2018? How will monetary policy tightening and landmark tax reforms influence the growth trajectory of key advanced and emerging market economies? This study answers these questions and more by evaluating the global and regional economic outlook across geographies. World GDP growth is estimated to have risen to 3.6% in 2017 and is expected to further strengthen to 3.7% in 2018, with higher growth expected across emerging markets and developing economies. In regards to emerging market giants, China is expected to witness a marginal growth slowdown in 2018 with the deepening of structural reforms; India’s g

Research Scope

The global economic outlook section of this study covers topics in regards to GDP growth, inflation, trade, investment, and oil production, while the region economic outlook section covers topics in regards to GDP growth and key economic developments. Regions covered in the study include North America, Latin America, Africa, Europe, Middle East, and Asia-Pacific.


Key Issues Addressed

  • What are the top global economic predictions for 2018?
  • What is the 2018 global growth outlook?
  • How is GDP growth expected to evolve across major economies such as the United States, China, and India?
  • What the top 5 regional economic predictions for different geographies?
  • Which are the world’s fastest growing economies in 2017 and 2018?
  • What is the outlook for oil production cuts by OPEC and its allies?
  • What are the imminent implications of key economic developments such as monetary policy tightening in North America, VAT introduction in the GCC, and Brexit?
  • What is the outlook for major trade negotiations or trade deals such as the North American Free Trade Agreement (NAFTA), the Trans-Pacific Partnership (TPP) and the Continental Free Trade Agreement (CFTA)?

Table of Contents

Executive SummaryTop 2017 Economic TrendsTop 2018 Economic PredictionsTop 2018 Predictions—Advanced EconomiesTop 2018 Predictions—Emerging Market EconomiesWorld GDP Growth SnapshotWorld’s 20 Fastest Growing Economies in 2017 and 2018Research ScopeResearch Scope2018 Global Economic OutlookGDP Growth OutlookInflation OutlookTrade OutlookInvestment OutlookOil Production Outlook—OPEC and Non-OPEC Allies2018 Regional Economic Outlook—North America2018 GDP Growth Outlook—United States and CanadaKey Economic DevelopmentsKey Economic Developments (continued)2018 North America Economic Outlook—Top 5 Predictions2018 Regional Economic Outlook—Latin America2018 GDP Growth Outlook—Brazil and Mexico2018 GDP Growth Outlook—Colombia and PanamaKey Economic Developments2018 Latin America Economic Outlook—Top 5 Predictions2018 Regional Economic Outlook—Africa2018 GDP Growth Outlook—Tanzania and Kenya2018 GDP Growth Outlook—South Africa and ZimbabweKey Economic Developments2018 Africa Economic Outlook—Top 5 Predictions2018 Regional Economic Outlook—Europe2018 GDP Growth Outlook—Germany and Italy2018 GDP Growth Outlook—United Kingdom and FranceBrexit Impact AnalysisKey Economic Developments2018 Europe Economic Outlook—Top 5 Predictions2018 Regional Economic Outlook—Middle East2018 GDP Growth Outlook—UAE and Saudi Arabia2018 GDP Growth Outlook—Qatar and Iran GCC Fiscal Consolidation and Economic Diversification Key Economic Developments2018 Middle East Economic Outlook—Top 5 Predictions2018 Regional Economic Outlook—Asia-Pacific2018 GDP Growth Outlook—China and India2018 GDP Growth Outlook—Japan and ASEAN-5Key Economic DevelopmentsKey Economic Developments (continued)2018 Asia-Pacific Economic Outlook—Top 5 PredictionsGrowth Opportunities and Companies to ActionGrowth Opportunities Key ConclusionsKey ConclusionsLegal DisclaimerAppendixList of ExhibitsList of Exhibits (continued)Data Tables—WorldData Tables—Advanced Economies and Emerging Market & Developing EconomiesData Tables—North AmericaData Tables—Latin AmericaData Tables—AfricaData Tables—EuropeData Tables—Middle EastData Tables—Asia-PacificAbbreviations and Acronyms UsedAdditional Sources of Information on the 2018 Global Economic OutlookMarket Engineering Methodology

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