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H1 2016 GDP downgrade explained: Europe, Japan, South Korea, Canada

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25 May 2016

H1 2016 GDP downgrade explained: Europe, Japan, South Korea, Canada

Report summary

Wood Mackenzie has cut its global GDP outlook to 2035. The developed-world economies of Europe, Japan, South Korea and Canada all face similar challenges. To sustain GDP growth, ageing populations and shrinking workforces must be offset by improved productivity. Will this be feasible? 

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  • H1 2016 GDP downgrade explained: Europe, Japan, South Korea, Canada

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