According to a poll conducted at the end of 2022, Americans were feeling quite pessimistic about the coming year. 90 percent of Americans felt negatively about the prospect of political conflict in 2023.

The Economy 2022 was a difficult year for many Americans, as it was for many around the world. After a year of high inflation, record fuel prices, and decreased financial security, the country greeted 2023 with high rates of skepticism and caution. Although the U.S. economy itself has experienced a strong rebound from the pandemic recession compared with other major economies, a sustained decline in consumer spending power thanks to wage growth not keeping pace with inflation has everyday Americans feeling the pinch.

U.S. political landscape The political scene in the U.S. also had a tumultuous few years in the lead up to 2023. The election of Donald Trump as the 45th President of the United States in 2016 left many voters reeling and the country more divided than ever. The beginning of 2021 was market by the January 6th attack on the Capitol, as well as the inauguration of Joe Biden. Additionally, the country continued to grapple with a politicized response to the COVID-19 pandemic and associated restrictions. 2022 began with the Russian invasion of Ukraine, ushering in the beginning of a global fuel and inflation crisis. In the midst of hardening economic conditions, the Supreme Court overturned its ruling on Roe v. Wade, returning the power to decide abortion restrictions to state legislatures.

The 2022 midterm elections saw Republicans win enough seats to take back control of the House of Representatives, but saw the GOP ultimately underperform compared to predictions at the time. The first day of the 2023 congressional term was marked by the inability of the Republican Party to unify itself behind one candidate for Speaker of the House, leading to a once in a century multi-round of Speaker elections. With new members of the House not able to be sworn in until a Speaker is elected, 2023 had a difficult start.

The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiji: Economic growth forecast: The latest value from 2030 is 3.21 percent, an increase from 3.17 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Fiji from 1980 to 2030 is 2.41 percent. The minimum value, -17.04 percent, was reached in 2020 while the maximum of 19.79 percent was recorded in 2022.

Monthly and long-term Vietnam economic indicators data: historical series and analyst forecasts curated by FocusEconomics.

The Gross Domestic Product (GDP) in Russia was worth 2173.84 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Russia represents 2.05 percent of the world economy. This dataset provides the latest reported value for - Russia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Fault Lines Widen in the Global Recovery

Economic prospects have diverged further across countries since the April 2021 World Economic Outlook (WEO) forecast. Vaccine access has emerged as the principal fault line along which the global recovery splits into two blocs: those that can look forward to further normalization of activity later this year (almost all advanced economies) and those that will still face resurgent infections and rising COVID death tolls. The recovery, however, is not assured even in countries where infections are currently very low so long as the virus circulates elsewhere.

The global economy is projected to grow 6.0 percent in 2021 and 4.9 percent in 2022.The 2021 global forecast is unchanged from the April 2021 WEO, but with offsetting revisions. Prospects for emerging market and developing economies have been marked down for 2021, especially for Emerging Asia. By contrast, the forecast for advanced economies is revised up. These revisions reflect pandemic developments and changes in policy support. The 0.5 percentage-point upgrade for 2022 derives largely from the forecast upgrade for advanced economies, particularly the United States, reflecting the anticipated legislation of additional fiscal support in the second half of 2021 and improved health metrics more broadly across the group.

Recent price pressures for the most part reflect unusual pandemic-related developments and transitory supply-demand mismatches. Inflation is expected to return to its pre-pandemic ranges in most countries in 2022 once these disturbances work their way through prices, though uncertainty remains high. Elevated inflation is also expected in some emerging market and developing economies, related in part to high food prices. Central banks should generally look through transitory inflation pressures and avoid tightening until there is more clarity on underlying price dynamics. Clear communication from central banks on the outlook for monetary policy will be key to shaping inflation expectations and safeguarding against premature tightening of financial conditions. There is, however, a risk that transitory pressures could become more persistent and central banks may need to take preemptive action.

Risks around the global baseline are to the downside. Slower-than-anticipated vaccine rollout would allow the virus to mutate further. Financial conditions could tighten rapidly, for instance from a reassessment of the monetary policy outlook in advanced economies if inflation expectations increase more rapidly than anticipated. A double hit to emerging market and developing economies from worsening pandemic dynamics and tighter external financial conditions would severely set back their recovery and drag global growth below this outlook’s baseline.

Multilateral action has a vital role to play in diminishing divergences and strengthening global prospects. The immediate priority is to deploy vaccines equitably worldwide. A $50 billion IMF staff proposal, jointly endorsed by the World Health Organization, World Trade Organization, and World Bank, provides clear targets and pragmatic actions at a feasible cost to end the pandemic. Financially constrained economies also need unimpeded access to international liquidity. The proposed $650 billion General Allocation of Special Drawing Rights at the IMF is set to boost reserve assets of all economies and help ease liquidity constraints. Countries also need to redouble collective efforts to reduce greenhouse gas emissions. These multilateral actions can be reinforced by national-level policies tailored to the stage of the crisis that help catalyze a sustainable, inclusive recovery. Concerted, well-directed policies can make the difference between a future of durable recoveries for all economies or one with widening fault lines—as many struggle with the health crisis while a handful see conditions normalize, albeit with the constant threat of renewed flare-ups.

United States Long Term Projections: Production, Farm Weight: Vegetables data was reported at 124,598.610 lb mn in 2034. This records an increase from the previous number of 123,918.555 lb mn for 2033. United States Long Term Projections: Production, Farm Weight: Vegetables data is updated yearly, averaging 122,178.803 lb mn from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 125,364.324 lb mn in 2023 and a record low of 117,147.243 lb mn in 2022. United States Long Term Projections: Production, Farm Weight: Vegetables data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI008: Agricultural Projections: Fruits and Nuts, and Vegetables.

This statistic shows the revenue of telephone apparatus manufacturing in the USA from 2010 to 2016, with a forecast to 2022. It is projected that the revenue of telephone apparatus manufacturing in the USA will amount to approximately 2,596 million U.S. dollars by 2022.This statistic was automatically created using the well-proven Statista forecast algorithm based on similarity parameters to existing analyst forecasts. The basis for the original forecasts is a combination of time series forecasts, driver forecasts (GDP, population etc.) from sources such as World Bank or the International Monetary Fund and business surveys.

The Gross Domestic Product (GDP) in Vietnam was worth 476.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Vietnam represents 0.45 percent of the world economy. This dataset provides the latest reported value for - Vietnam GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Isle Of Man was worth 7.43 billion US dollars in 2022, according to official data from the World Bank. The GDP value of Isle Of Man represents 0.01 percent of the world economy. This dataset provides - Isle Of Man Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Ireland contracted 0.10 percent in the third quarter of 2025 over the previous quarter. This dataset provides - Ireland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Spain's economy grew by 3.4 percent year-on-year in the third quarter of 2021, easing sharply from an upwardly revised record 17.7 percent expansion in the previous three-month period but well above preliminary estimates of 2.7 percent. GDP Annual Growth Rate in Spain averaged 1.78 percent from 1996 until 2021, reaching an all time high of 17.50 percent in the second quarter of 2021 and a record low of -21.50 percent in the second quarter of 2020. This page provides the latest reported value for - Spain GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in the United States was last recorded at 4 percent. This dataset provides the latest reported value for - United States Fed Funds Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States Long Term Projections: Farm Value: Vegetables: Processing data was reported at 3.973 USD bn in 2034. This records an increase from the previous number of 3.823 USD bn for 2033. United States Long Term Projections: Farm Value: Vegetables: Processing data is updated yearly, averaging 3.350 USD bn from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 3.973 USD bn in 2034 and a record low of 2.506 USD bn in 2022. United States Long Term Projections: Farm Value: Vegetables: Processing data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI008: Agricultural Projections: Fruits and Nuts, and Vegetables.

The Gross Domestic Product (GDP) in Poland was worth 914.70 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Poland represents 0.86 percent of the world economy. This dataset provides the latest reported value for - Poland GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Expectations in the United States decreased to 3.20 percent in October from 3.40 percent in September of 2025. This dataset provides - United States Consumer Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

Georgia MOF Forecast: Investment data was reported at 23,425.010 GEL mn in 2022. This records an increase from the previous number of 21,374.000 GEL mn for 2021. Georgia MOF Forecast: Investment data is updated yearly, averaging 6,475.913 GEL mn from Dec 1996 (Median) to 2022, with 27 observations. The data reached an all-time high of 23,425.010 GEL mn in 2022 and a record low of 826.961 GEL mn in 1996. Georgia MOF Forecast: Investment data remains active status in CEIC and is reported by Ministry of Finance of Georgia . The data is categorized under Global Database’s Georgia – Table GE.O005: Investment: Forecast: Ministry of Finance of Georgia.

The Gross Domestic Product per capita in Monaco was last recorded at 228667.94 US dollars in 2022. The GDP per Capita in Monaco is equivalent to 1811 percent of the world's average. This dataset provides the latest reported value for - Monaco GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.