Estimated annual earnings growth

The chart shows estimated earnings growth for each region, for the years ending December 2023, December 2024 and December 2025.
U.S. = S&P 500 Index. Europe = MSCI Europe Index. Japan = MSCI Japan Index. Emerging markets = MSCI Emerging Markets Index. Estimates as of December 31, 2023.
Chart: Insurance PortalSource: Capital Group, FactSet, MSCI, Standard & Poor's. Created with Datawrapper