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Economy Watch: Emerging Markets View (January 2022) The Conference Board, Inc., 8 pages, April 6, 2022 Report

Economy Watch: Emerging Markets View (January 2022)

The Conference Board, Inc., 8 pages, April 6, 2022
Report

Leading indicators point to continued, but slowing growth momentum. Document Highlights After contracting by 2.1 percent in 2020, we estimate emerging markets and developing economies to have rebounded by 5.4 percent in 2021 and expect it to post another year of above average growth of 4.1 percent in 2022. The pandemic remains a key uncertainty in the outlook. Cases are surging once again across much of the world. Milder severity of the newly dominant variant, coupled with higher levels of immunity may however limit the overall economic impact compared to earlier waves.

Leading indicators point to continued, but slowing growth momentum.

Document Highlights

After contracting by 2.1 percent in 2020, we estimate emerging markets and developing economies to have rebounded by 5.4 percent in 2021 and expect it to post another year of above average growth of 4.1 percent in 2022. The pandemic remains a key uncertainty in the outlook. Cases are surging once again across much of the world. Milder severity of the newly dominant variant, coupled with higher levels of immunity may however limit the overall economic impact compared to earlier waves.

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