Economies in 2019

December 2018

Euromonitor International predicts that the global economy will slow in 2019 with annual growth of 3.6% in real terms. We offer key insights from economy, finance and trade; cities; business dynamics; industrial; and natural resources perspectives. For example, Mumbai will remain the most densely populated city in the world in 2019; five of the 10 easiest countries to do business in will be in Europe; and there will be a focus on technologies that go beyond achieving carbon-neutral emissions.

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Global economic growth to slow in 2019

Growth momentum in many of the world’s economies might have peaked. Global annual real GDP growth is forecast to decline from 3.7% in 2018 to 3.6% in 2019:

Low interest rates and high private confidence will continue supporting global growth. However, rising trade war uncertainty and slowing global trade pose major risks to the outlook.

Advanced economies’ annual real GDP growth is anticipated to weaken from 2.3% in 2018 to 2.1% in 2019:

The effects of US fiscal stimulus are forecast to start fading, while trade tensions have escalated. Private sector confidence has declined in the eurozone and the block is forecast to continue losing growth momentum. Slow productivity in advanced economies also hinders growth potential.

Emerging economies’ annual real GDP growth is estimated to remain steady at 4.7% in 2018 and 2019:

China will continue on a slowdown path; however, it appears to be consistent with a soft landing. Emerging market vulnerability has increased.

Emerging economies are estimated to account for 77.0% of global real GDP growth in 2019.

Economies in 2019
Economic landscape in 2019
The global economy in 2019
Top trends for cities in 2019
City densification: South Asia and Sub-Saharan Africa lead density growth
Business dynamics in 2019
The disrupted become the disruptors
Key industrial trends in 2019
Manufacturing digitisation to kick-start the hi-tech goods industry
Key natural resources trends in 2019
Technology to reverse climate change is here
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