North America outlook 2023A combination of high inflation, a steep rise in interest rates and slowdowns in Europe and China will curb growth prospects across North America next year. Download free
Europe outlook 2023The stark increase in energy costs will have a significant impact on the competitiveness of European industry next year. This will mainly be felt in the form of lost global market share, but the severity will vary across sectors. Download free
Middle East outlook 2023The Middle East faces mixed prospects in 2023. Although the Gulf Co-operation Council states will continue to benefit from international energy market developments, price pressures will weigh heavily on economic growth and stability elsewhere. Download free
Asia outlook 2023Several years of strong export growth in Asia will reverse in 2023, with the EU entering a recession and the US economy forecast to slow sharply. The outlook for domestic demand will also be challenging as interest-rate rises filter through local economies. Download free
Africa outlook 2023Africa is expected to avoid a major economic downturn next year, with growth of 3.2% in the north of the continent and the sub-Sahara. However, real GDP growth rates will vary considerably across the region, and some states will stagnate and teeter on the brink of recession. Download free
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