Sources: Bloomberg and William Blair, as of December 2023.
2.0
2.3
2.9
3.7
4.4
4.3
4.1
3.9
3.5
3.0
2.4
1.9
3.9
4.0
4.2
4.2
Some of the largest economies in the world remain considerably smaller than their pre-pandemic output trajectories imply. The y-axis represents the difference in actual GDP from each economy’s pre-pandemic output trajectory. The movement of the “comet” is showing if each economy moved closer or further away from their pre-COVID trend in Q3 2023.
Difference Between Pre-Pandemic Output Trajectory and Third-Quarter GDP