Global Economic Outlook, 2019

World GDP Growth to Weaken from 3.7% in 2018 to 3.5% to 2019, With Intensified Trade Wars to Pull Down 2019 Growth Further to 3.3%

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What is the outlook for the world economy in 2019? How will events such as Brexit and trade wars influence the global economic outlook? This analysis has been designed to answer these questions and more by providing a concise summary of key global and regional economic developments and forecasts. Regions covered as part of the study include North America, Latin America, Africa, Europe, the Middle East, and Asia-Pacific. Each regional economic outlook section focuses on the GDP growth outlook for key economies, impact analysis of key economic developments, and top economic predictions.Although global GDP growth was steady in 2018, the growth is expected to dip in 2019 in the light of factors such as trade tensio

Key Issues Addressed

  • What are the top 2019 global economic predictions?
  • What were the top 2018 global economic trends?
  • What are the top 2019 predictions for key advanced and emerging economies?
  • What is the world GDP growth snapshot for 2017–2019?
  • What is the economic outlook for North America, Latin America, Africa, Europe, the Middle East, and Asia-Pacific?
  • What are the key global economic risks for 2019?
  • How will major events such as Brexit and trade wars influence the world economy?
  • What is the trade war scenario-based outlook for world GDP growth and trade growth?
  • What is the 2019 outlook for oil supply, demand, and prices?
  • What major economic policy changes could businesses expect in 2019?

Author: Neha Anna Thomas

Table of Contents (Subject to minor change)

1. Executive Summary
Top 2018 Global Economic Trends
Top 2019 Global Economic Predictions
Top 2019 Predictions—Advanced Economies
Top 2019 Predictions—Emerging Economies
World GDP Growth Snapshot
Top 2019 Predictions—Regional Economic Outlook
World’s 20 Fastest Growing Economies in 2018 and 2019
2. Research Scope
Research Scope
3. 2019 Global Economic Outlook
GDP Growth Outlook
Trade Outlook
Global Trade Developments
Inflation Outlook
Oil Supply, Demand, and Price Outlook
4. 2019 Regional Economic Outlook—North America
2019 Economic Outlook—The United States and Canada
Key Economic Developments
2019 North America Economic Outlook—Top Predictions
5. 2019 Regional Economic Outlook—Latin America
2019 GDP Growth Outlook—Brazil and Mexico
2019 GDP Growth Outlook—Colombia and Argentina
2019 GDP Growth Outlook—Venezuela
Key Economic Developments
2019 Latin America Economic Outlook—Top Predictions
6. 2019 Regional Economic Outlook—Africa
2019 GDP Growth Outlook—Tanzania and Kenya
2019 GDP Growth Outlook—South Africa and Nigeria
Key Economic Developments
2019 Africa Economic Outlook—Top Predictions
7. 2019 Regional Economic Outlook—Europe
2019 Economic Outlook—Germany and the United Kingdom
2019 Economic Outlook—Italy and France
2019 Economic Outlook—Russia
Key Economic Developments
2019 Europe Economic Outlook—Top Predictions
8. 2019 Regional Economic Outlook—Middle East
2019 Economic Outlook—Saudi Arabia and Qatar
2019 Economic Outlook—Qatar and Turkey
Key Economic Developments
2019 Middle East Economic Outlook—Top Predictions
9. 2019 Regional Economic Outlook—Asia-Pacific
2019 Economic Outlook—China and India
2019 Economic Outlook—Japan and Indonesia
2019 Economic Outlook—Australia
Key Economic Developments
2019 Asia-Pacific Economic Outlook—Top Predictions
10. Growth Opportunities and Companies to Action
Growth Opportunities
11. Key Conclusions
Key Conclusions
Legal Disclaimer
12. Appendix
Data Tables—World
Data Tables—Advanced Economies and Emerging Market & Developing Economies
Data Tables—North America
Data Tables—Latin America
Data Tables—Africa
Data Tables—Europe
Data Tables—Middle East
Data Tables—Asia-Pacific
Abbreviations and Acronyms Used
Additional Sources of Information on the 2019 Global Economic Outlook
Market Engineering Methodology
List of Exhibits


List of Figures & Charts

1. Economic Outlook, Global, 2019
2. GDP Growth (Projections Based on Trade War Scenarios), World, 2019
3. Key Economic Developments and Impact Analysis, North America, 2017–2019
4. Key Economic Developments and Impact Analysis, Latin America, 2017–2019
5. Key Economic Developments and Impact Analysis, Africa, 2017–2019
6. Key Economic Developments and Impact Analysis, Europe, 2017–2019
7. Key Economic Developments and Impact Analysis, Middle East, 2017–2019
8. Key Economic Developments and Impact Analysis, Asia Pacific, 2017–2019
9. Important Macroeconomic Indicators, World, 2013–2019
10. Important Macroeconomic Indicators, Advanced Economies and Emerging Market & Developing Economies, 2013–2019
11. Important Macroeconomic Indicators for Select Countries, North America, 2013–2019
12. Important Macroeconomic Indicators for Select Countries, Latin America, 2013–2019
13. Important Macroeconomic Indicators for Select Countries, Africa, 2013–2019
14. Important Macroeconomic Indicators for Select Countries, Europe, 2013–2019
15. Important Macroeconomic Indicators for Select Countries, Middle East, 2013–2019
16. Important Macroeconomic Indicators for Select Countries, Asia-Pacific, 2013–2019


1. GDP Growth Rate of Key Select Economies, Global, 2017–2019
2. GDP Growth of the Fastest Growing Economies, Global, 2018 and 2019
3. Inflation of the Fastest Growing Economies, Global, 2018 and 2019
4. GDP Growth, Global, 2013–2019
5. Total Merchandise Trade Value and Merchandise Trade Volume Growth, Global 2013–2019
6. Inflation, Global, 2013–2019
7. Brent Crude Oil Prices, Global, 2013–2019
8. GDP Growth, US and Canada, 2017–2019
9. GDP Growth, Brazil and Mexico, 2017–2019
10. GDP Growth, Colombia and Argentina, 2017–2019
11. GDP Growth, Venezuela, 2017–2019
12. GDP Growth, Tanzania and Kenya, 2017–2019
13. GDP Growth, South Africa and Nigeria, 2017–2019
14. GDP Growth, Germany and the UK, 2017–2019
15. GDP Growth, Italy and France, 2017–2019
16. GDP Growth, Russia, 2017–2019
17. GDP Growth, Saudi Arabia and Iran, 2017–2019
18. GDP Growth, Qatar and Turkey, 2017–2019
19. GDP Growth, China and India, 2017–2019
20. GDP Growth, Japan and Indonesia, 2017–2019
21. GDP Growth, Australia, 2017–2019



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