Page 15 - Bloomberg Businessweek - November 19, 2018

Bloomberg Businessweek The Year Ahead 2019 Introduction

Growth Outlook 2019

Circle size corresponds to size of economy
(2019 forecast)
Brazil ⑦
$1.9t
South Africa
$0.4t
New Zealand
$0.2t Colombia
$0.4t
⑥

U.K. Mexico
$2.8t $1.2t
①
Australia Peru
France South $1.5t $0.2t
Korea
Japan Italy ② $2.8t $1.7t
$5.2t $2.1t Canada
$1.8t
U.S.
Russia Germany $21.5t
$1.6t $4.1t Spain
8 ⑤ $1.5t
④ Singapore
⑧ $0.4t
Saudi Arabia
$0.8t

① Japanese ② Italy’s ③ Turkey’s lira ④ Russia’s oil Chile ⑤ German
Prime Minister new populist will struggle output is the $0.3t Chancellor
Shinzo Abe says government is unless the highest of the Angela Merkel’s
the national wrestling with country can post-Soviet era. decision not
sales tax will rise the European slow inflation, Energy accounts to run again
to 10 percent Union’s executive which ran at for almost half as head of
in October, arm over the 25 percent a of government the Christian
from 8 percent country’s plan for year in October. revenue. Democratic
now, barring a deficit spending. Union raises
“Lehman level” questions about
crisis. Germany’s
positions on
euro area reform
and immigration.

Turkey
$0.6t

③
0 2%
△ Forecasted 2019 GDP growth