Real GDP for Major Economies 2022
Note: Charts show GDP compared to an assumed annual structural growth rate of 2% for the United States and Europe, and 5% for China. No major economy reached its pre-COVID output trajectory in 2022, with the U.S. economy coming closest.
Sources: Macrobond and William Blair analysis as of November 2022. Q4 2019 =100.
4.6
4.5
3.9
4.2
4.2
4.0
3.9
1.9
2.4
3.0
3.5
3.9
4.1
4.3
4.4
3.7
2.9
as of October 31, 2022