Global growth likely at 3.3% in 2020 – Standard Chartered

Market news

9 January 2020

Global growth likely at 3.3% in 2020 – Standard Chartered

Analysts at Standard Chartered Bank are forecasting global growth at 3.3% in 2020, slightly higher than their 3.1% estimate for 2019.

"Structural drags in the 2020s include debt overhang, demographics and deglobalization.
Cyclical positives - lagged impact of global 'dovish wave' in 2019, fiscal support, likely improvement in electronics cycle, and likelihood of US-China trade deal in 2020 - should counter structural drags."

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