It seems every time the IMF forecast ahead for the UK, they have us last. Yet when the figures for that year happen, we’re one of the best.
Me thinks that maybe they dislike Brexit and are continually putting on pressure due to this. then again, that maybe some black pill thoughts poking through.
Yeah, the same IMF projection has the UK growing second fastest in the G7 in 2022 at 3.2%, only slightly behind Canada at 3.4%. Compare that with Germany (1.2%), France (2.3%) and Italy (3.0%).
Now, in 2023, they are expecting crap numbers for everyone with UK at 0.5%, Germany at 0.8%, France at 1% and Italy at 0.7%.
Compounding both 2022 and 2023, the UK grows more every other G7 member except for Canada.
Worth also pointing out that the IMF aren’t any better at this than most other shops. Goldman Sachs has the UK growing 3rd fastest in 2023, behind only Canada and France.
IMF has always wrongly predicted about UK economy. I predict UK will be one of fastest growing countries in the world after 2023, GDP per capita of UK will close to Australia.
IMF is very favourable about Japan and every time gives higher prediction for Japan. For 2023 it predicts that Japan will grow by 1,7%. Never believe that Japan will grow more rapidly than Germany and France. On the contrary, IMF dislikes China and always predicts that China will be taken over by India.
That would be pretty impressive considering Italy is in there.
I’m surprised that they are so sure about the economy when people can’t even predict the next PM.
Why does this get posted so much? Throughgout the year I’ve seen this on here time and time again and yet I barely saw much on the previous 2 years.
>The probability of a recession in the G7 economies – Canada, France, Germany, Italy, Japan, the US and UK – now stands at roughly 15% – nearly four times higher than usual.
That’s seems oddly optimistic, considering that Q2 results will probably confirm recession (GDP declining in two consecutive quarters) in at least the USA happening now.
It’s like the movie Don’t Look Up. No one is focusing on fixing the issues of the UK economy but instead they focus on culture wars and anti-immigration policies. This is the result of voting for incompetent and corrupted people that care about the pockets of their mates/donors (with offshores) and trick the gullible people about ‘sovereignty’ to distract them.
​
Of course some keyboard warriors will say IMF hates the UK (for whatever reason LOL) and everyone is jealous of the UK and its geniuses ruling this country. Guess people will only accept stats they like or make up some to back up their arguments.
9 comments
[But one of the best in 2022.](https://www.imf.org/en/Publications/WEO/Issues/2022/07/26/world-economic-outlook-update-july-2022)
It seems every time the IMF forecast ahead for the UK, they have us last. Yet when the figures for that year happen, we’re one of the best.
Me thinks that maybe they dislike Brexit and are continually putting on pressure due to this. then again, that maybe some black pill thoughts poking through.
Yeah, the same IMF projection has the UK growing second fastest in the G7 in 2022 at 3.2%, only slightly behind Canada at 3.4%. Compare that with Germany (1.2%), France (2.3%) and Italy (3.0%).
Now, in 2023, they are expecting crap numbers for everyone with UK at 0.5%, Germany at 0.8%, France at 1% and Italy at 0.7%.
Compounding both 2022 and 2023, the UK grows more every other G7 member except for Canada.
Worth also pointing out that the IMF aren’t any better at this than most other shops. Goldman Sachs has the UK growing 3rd fastest in 2023, behind only Canada and France.
IMF has always wrongly predicted about UK economy. I predict UK will be one of fastest growing countries in the world after 2023, GDP per capita of UK will close to Australia.
IMF is very favourable about Japan and every time gives higher prediction for Japan. For 2023 it predicts that Japan will grow by 1,7%. Never believe that Japan will grow more rapidly than Germany and France. On the contrary, IMF dislikes China and always predicts that China will be taken over by India.
That would be pretty impressive considering Italy is in there.
Given we keep [beating predictions](https://www.reuters.com/markets/europe/sterling-edges-higher-uk-growth-beats-forecasts-2022-07-13/), maybe these predictions aren’t worth having a wank over quite yet ay Europhiles?
I’m surprised that they are so sure about the economy when people can’t even predict the next PM.
Why does this get posted so much? Throughgout the year I’ve seen this on here time and time again and yet I barely saw much on the previous 2 years.
>The probability of a recession in the G7 economies – Canada, France, Germany, Italy, Japan, the US and UK – now stands at roughly 15% – nearly four times higher than usual.
That’s seems oddly optimistic, considering that Q2 results will probably confirm recession (GDP declining in two consecutive quarters) in at least the USA happening now.
It’s like the movie Don’t Look Up. No one is focusing on fixing the issues of the UK economy but instead they focus on culture wars and anti-immigration policies. This is the result of voting for incompetent and corrupted people that care about the pockets of their mates/donors (with offshores) and trick the gullible people about ‘sovereignty’ to distract them.
​
Of course some keyboard warriors will say IMF hates the UK (for whatever reason LOL) and everyone is jealous of the UK and its geniuses ruling this country. Guess people will only accept stats they like or make up some to back up their arguments.