Global Economic Outlook – September 2022 Appendix: Summary of KPMG forecasts GDP Inflation Unemployment 2021 2022 2023 2021 2022 2023 2021 2022 2023 World 5.8 2.7 1.9 3.4 7.6 4.7 6.1 5.4 5.5 US 5.7 1.5 - 0.1 4.7 8.2 3.8 5.4 3.7 4.3 Canada 4.5 3.4 1.3 3.4 6.8 3.4 7.4 5.3 5.6 Argentina 10.4 3.6 0.0 50.9 95.2 87.0 9.3 9.2 8.1 Brazil 4.8 1.9 0.8 8.3 9.8 5.8 13.6 10.4 10.1 Chile 11.7 2.0 -0.6 7.2 12.4 4.7 8.8 8.2 8.1 Mexico 5.0 1.7 1.5 5.7 8.0 5.5 4.1 3.5 3.8 Colombia 10.7 6.6 2.1 5.6 10.7 5.6 13.8 11.6 9.9 Peru 13.5 2.7 2.4 6.4 7.2 3.5 10.9 9.3 8.8 Germany 2.6 1.5 -0.5 3.2 8.0 6.8 3.6 2.9 3.0 Austria 4.8 3.9 0.3 2.8 8.5 5.8 6.2 4.6 4.6 France 6.8 2.5 0.6 2.1 5.9 3.9 7.9 7.5 7.7 Italy 6.6 3.3 0.3 1.9 8.1 4.9 9.5 8.2 8.5 Netherlands 4.9 3.0 1.0 2.8 10.1 3.9 4.2 3.6 3.8 Spain 5.1 4.1 1.8 3.0 9.3 4.9 14.8 12.8 13.0 Ireland 13.4 7.0 4.5 2.5 7.5 4.0 6.2 4.5 4.5 Eurozone 5.3 2.7 0.5 2.6 8.3 6.7 7.7 6.7 6.9 Norway 4.1 3.1 1.6 3.5 5.5 3.6 4.3 2.8 2.8 Sweden 5.1 2.4 0.8 2.2 7.4 4.8 8.8 7.4 7.4 Switzerland 4.2 2.5 1.2 0.5 2.9 1.8 5.1 4.3 4.2 UK 7.4 3.2 -0.2 2.6 8.9 5.6 4.5 3.7 4.3 Poland 5.9 4.1 1.4 5.1 13.8 10.9 3.4 2.9 2.9 Turkey 11.0 4.8 2.2 19.6 72.1 38.2 12.0 11.8 11.8 China 8.1 3.5 5.2 0.9 2.5 2.3 5.1 5.4 5.1 Japan 1.7 1.6 2.2 -0.2 2.4 1.6 2.8 2.5 2.6 Australia 4.9 4.2 2.2 2.9 6.3 5.2 5.1 3.8 4.4 India 8.7 7.2 6.3 5.5 6.7 5.0 8.0 7.6 7.1 Indonesia 3.7 5.7 4.7 1.6 4.4 4.0 6.4 5.7 5.9 Malaysia 3.2 8.6 4.8 2.5 3.6 3.1 4.6 3.9 3.9 Philippines 5.5 6.1 5.1 3.9 5.6 3.8 7.9 5.8 6.0 Singapore 7.6 3.5 3.5 2.3 5.9 2.9 2.7 2.1 2.3 South Korea 4.1 2.8 2.5 2.5 5.4 3.2 3.7 3.1 3.1 Saudi Arabia 3.2 8.0 3.6 3.1 2.6 2.3 6.6 6.0 6.0 Nigeria 3.4 3.4 3.5 15.6 16.1 13.1 34.2 38.3 42.7 South Africa 4.9 1. 8 1. 5 4.6 7. 3 6.1 35.3 34.3 34.7 Source: National statistical agencies, KPMG analysis. Note: Average % change on previous calendar year except for unemployment rate, which is average annual rate. Figures for India represent fiscal years 2021-22, 2022-23 and 2023-24. Consumer price inflation measured as % change Dec-on-Dec for Argentina, Chile, Colombia and Peru. © 2022 Copyright owned by one or more of the KPMG International entities. KPMG International entities provide no services to clients. All rights reserved. 55