Global economic growth likely to derail with COVID, inflation, income inequality: World Bank - Shahpur Turk CSC - Common Service Centre in Sonipat Global economic growth likely to derail with COVID, inflation, income inequality: World Bank

12 January 2022

Global economic growth likely to derail with COVID, inflation, income inequality: World Bank

Global economic growth likely to derail with COVID, inflation, income inequality: World Bank


Global economic growth likely to derail with COVID, inflation, income inequality: World Bank

Fresh threats from COVID-19 and its variants, along with a rise in inflation, debt and income inequality will lead to a dip in global economic growth in the years 2022 and 2023. According to a World Bank report, the global economic growth will drop sharply from 5.5 per cent in 2021 to 4.1 per cent in 2022 and dip further to 3.2 per cent in 2023 due to the mentioned reasons. 

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