Global Economic Forecasts: Q3 2023

Released on 5 September 2023


Get your quick Q3 update on economic performance in 2023.

You’ll read the latest estimates for real GDP growth, inflation rates and top risk scenarios this year—all in under 20 minutes. Plus, we spotlight three major economies: the US, China and Eurozone. Find revised projections and current market dynamics for each.

This quarterly forecast report gives you a clear assessment of the global economy in 2023. Use these insights as you plan your strategy and business roadmap for the upcoming year.

Here's a preview:

  • 2.6% real GDP growth forecast—improved from Q1 and Q2 estimates
  • 7.0% inflation forecast—slight upward revision this quarter but remains on a downward trend
  • 15% probability of a US hard-landing scenario

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