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Economic reality and outlook
The region accounts for 9.6% of the world’s population and for a quarter of its GDP
In 2024, growth will moderate compared to prepandemic level and inflation will average 21.6%, distorted by Turkey (58.4%)
Weak growth in the region in 2024
Growth in 2024 weighed down by the weakness of the main economies in the regio
Germany, UK and France account for more than 40% of the region’s GDP
Situation of the main economies 2024
Germany: the economy will struggle to grow in 2024, although a rebound is expected in 2025
UK: increasing signs of recovery
France: economic recovery still far off