Chart 3: Shifting growth expectations

Economic growth forecasts, 2020 calendar year, by month of forecast

'Jan-20

'Apr-20

'Sep-20

−7.9%

X

−8.0%

−6.0%

−4.0%

−2.0%

2.0%

4.0%

2.5%

World

−2.1%

−4.6%

1.9%

North America

−4.0%

−4.5%

1.1%

Western Europe

−5.3%

−8.0%

4.1%

Asia Pacific

0.3%

−1.6%

2.6%

Eastern Europe

1.9%

−4.9%

1.5%

Latin America

0.9%

−7.9%