World Bank Global Economic Prospects: GDP Growth Forecasts (2022-2026)"
Annual GDP growth forecasts and recent historical estimates for countries and regional aggregates from 2022 to 2026.
Dataset Metrics
Data Format
Dataset Schema (9 features)
| Name | Type | Nullable | Description |
|---|---|---|---|
| FREQ_LABEL | string | No | Frequency of the data points, typically 'Annual'. |
| REF_AREA_LABEL | string | No | Name of the country, territory, or regional aggregate (e.g., Albania, Africa Eastern and Southern). |
| INDICATOR_LABEL | string | No | Specific economic indicator description, here referring to real GDP growth rates. |
| UNIT_MEASURE_LABEL | string | No | The unit for the measurement, identified as 'Percentage change per annum'. |
| 2022 | float | No | Annual GDP growth percentage for the year 2022. |
| 2023 | float | No | Annual GDP growth percentage for the year 2023. |
| 2024 | float | No | Forecasted annual GDP growth percentage for 2024. |
| 2025 | float | No | Forecasted annual GDP growth percentage for 2025. |
| 2026 | float | No | Forecasted annual GDP growth percentage for 2026. |
License & Compliance
About This Dataset
This dataset is derived from the World Bank's Global Economic Prospects (GEP) report. It tracks 'GDP growth, constant (average 2010-19 prices and market exchange rates)' across 160 economies and regional groups. The data provides a forward-looking view of global economic performance, expressed as an annual percentage change, which is essential for understanding the trajectory of the global economy following recent disruptions.
Data Quality
The dataset is highly consistent, utilizing standardized World Bank indicator and geographic codes. Data for 2022 and 2023 is complete for all rows, while future projections (2024-2026) have very low missingness, typically restricted to countries with extreme economic instability (e.g., Afghanistan).
Use Cases
Economic modeling and forecasting, international investment analysis, sovereign risk assessment, and global developmental benchmarking.
Limitations
Projections for 2024-2026 are forecasts and are subject to revision based on evolving geopolitical situations, inflationary trends, and central bank policies. Constant price averages are based on 2010-19 benchmarks.
Methodology
Produced twice a year by the World Bank. The forecasts are based on a combination of country-specific expertise, historical data patterns, and global macroeconomic simulation models.
Geographic Coverage
Source Information
Governance & Review
Usage & Restrictions
License: CC-BY 3.0 — This dataset is licensed for use by the purchasing entity. Refer to the specific license terms for permitted use.
Access Control: Download links are time-limited and single-use. All access is logged for audit purposes.