IMF 2020-21 economic forecast ------------------------------------ The global economy is climbing out from the depths caused by the coronavirus pandemic, with global growth forecast to rise to 5.2 per cent in 2021, according to the International Monetary Fund ------------------------------------ World economy output (projections, %) 2020 2021 -4.4 World 5.2 -12.8 Spain 7.2 -10.6 Italy 5.2 -10.3 India 8.8 -9.8 France 6.0 -9.8 UK 5.9 -9.0 Mexico 3.5 -8.0 South Africa 3.0 -7.1 Canada 5.2 -6.0 Germany 4.2 -5.8 Brazil 2.8 -5.4 Saudi Arabia 3.1 -5.3 Japan 2.3 -4.3 U.S. 3.1 -4.1 Russia 2.8 China 1.9 8.2 Living in extreme poverty* 1990 1,900 million 2015 736m 2020 1,170m ------------------------------------ *As many as 434 million people could fall below $1.90/day income threshold of extreme deprivation this year ------------------------------------ Sources: International Monetary Fund, World Bank, Reuters © GRAPHIC NEWS