Global Market Outlook


The Relay Recovery

Since our Global Market Outlook update in April, shock waves from the COVID-19 crisis have continued to flow through global markets, economies, and societies.



  2020 (%) 2021 (%)
Global -2.8 4.7
US -3.4 3.9
Australia -2.2 3.9
Canada -5.6 5.7
Eurozone -6.6 5.0
France -6.9 5.0
Germany -5.0 5.2
Italy -8.5 5.0
UK -6.7 4.4
Japan -4.2 2.5
Brazil -7.0 5.0
China 1.8 7.0
India -4.0 7.0
Mexico -7.0 4.0
South Africa -7.0 6.0
South Korea -0.7 3.2
Taiwan -1.0 3.2
Footnotes
Disclosures