Introduction

Inflationary uncertainty and uneven recoveries dominate the world’s economic outlook.

2021 has been another turbulent, uncertain year and, at times, it can feel like the planet is facing a constant wave of challenges and threats. For the world’s economists, predicting what lies ahead has never been tougher.

But there remains a place and purpose for forecasting and modeling. As the business world seeks to rebuild from the COVID-19 pandemic and adjusts to a planet more focused than ever on the climate crisis, looking ahead and identifying potential future risks and opportunities is essential.

KPMG’s Global Economic Outlook offers that window into the world ahead. This year, Chief Economists from KPMG firms in a variety of countries, regions and territories have provided detailed insights into those obstacles and opportunities.

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