What is the Global GDP Growth for this year, as forecasted by OECD’s recent latest economic outlook?

A. 9.5%
B. 8%
C. 5.6%
D. 2.3%


Correct Answer: C. 5.6%

Detail About MCQs

Organisation for Economic Cooperation and Development said in its latest economic outlook that global growth is set to hit 5.6% this year. It also highlighted that the Global GDP growth would moderate to 4.5% in 2022 and 3.2% in 2023. That was little changed from a previous forecast of 5.7% for 2021. Due to inflation, major central banks tighten monetary policy than projected.