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2014 G20 Agenda | 1
PREPARING THE G20 BRISBANE SUMMIT AGENDA
AN OVERVIEW FROM THE AUSTRALIAN PRESIDENCY PART 3: FACTS ABOUT THE G20 AND THE GLOBAL ECONOMY NOVEMBER 2014
2014 G20 Agenda | 2
This year the G20 is focussing on longer term economic reform. This is how and why it is doing it. Part 1: Overview - 2014 G20 Agenda
• Promoting stronger economic growth and employment outcomes by empowering the private sector
• Making the global economy more resilient to future shocks, and preventing a repeat of the circumstances that led to the 2008 global financial crisis (GFC)
• Strengthening global institutions to ensure they serve us best in today’s global economy
• G20 Agenda 2014: working arrangements, key events
• The Brisbane Action Plan
• Attracting private sector investment in infrastructure
• Creating jobs and lifting participation
• Removing obstacles to trade and competition
• Growth and development
• Reforming the global financial system
• Strengthening the international tax system
• Strengthening energy markets
• Fighting corruption
• Gross Domestic product G20 members
• Unemployment trends, including youth
• Labour force participation rates G20 members
• Global investment and GDP
• Global trade and G20 members
• Foreign direct investment and G20 members
• Global energy profile
• Remittance costs
• Undernourishment trends
Part 2: Background on 2014 Priorities
Part 3: Facts about the G20 and the global economy
2014 G20 Agenda | 3
Part 3: Facts about the G20 and the Global Economy
2014 G20 Agenda | 4
Growth in GDP (PPP) for advanced and emerging market economies
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Per Cent
Advanced economies growth in GDPEmerging market and developing economies growth in GDPWorld growth in GDP
Forecast period
Source: IMF WEO October 2014
P1
P3
P2
2014 G20 Agenda | 5
Emerging market and developing economies increasing share of global GDP (PPP)
0%
10%
20%
30%
40%
50%
60%
70%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Per Cent
Advanced economies share of global GDP Emerging market and developing economies share of global GDP
Forecast period
Source: IMF WEO October 2014
P1
P3
P2
2014 G20 Agenda | 6
Trends in G20 members’ share of global GDP (PPP)
0.9% 1.0%
3.0%
1.5%
15.8%
17.2%
2.5% 3.4%
6.6%
2.3% 2.0%
4.6%
1.7% 2.0% 3.4%
1.5% 0.7%
1.4% 2.3%
16.4%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
Shar
e of
glo
bal G
DP
2006
2007
2008
2009
2010
2011
2012
2013
Source: IMF WEO October 2014
P1
P3
P2
2014 G20 Agenda | 7
Unemployment trends in G20 countries
7.2%
5.2% 6.9% 7.2%
4.5%
10.5% 9.9%
5.4%
3.4%
6.6%
10.7%
4.3% 4.9%
5.5% 5.6%
25.0%
3.2%
9.2%
7.9% 8.1%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
Tota
l Une
mpl
oym
ent R
ate
2006
2007
2008
2009
2010
2011
2012
Global average in 2012
Source: ILO, through World Bank online database 2014
P1
P3
P2
2014 G20 Agenda | 8
0%
2%
4%
6%
8%
10%
12%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Une
mpl
oym
ent r
ate
World
High income - OECD
High income - non-OECD
Upper middle income
Lower middle income
Low income
Unemployment trends by region (2000-2012)
Source: ILO, through World Bank online database 2014
P1
P3
P2
2014 G20 Agenda | 9
17.5%
11.7%
15.5% 14.3%
9.7%
25.1%
19.9%
8.1% 9.7%
21.6%
35.3%
7.9% 9.4%
14.9%
27.8%
52.0%
8.9%
17.0%
21.3% 16.5%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
Yout
h U
nem
ploy
men
t Rat
e
2006
2007
2008
2009
2010
2011
2012
Global average in 2012
Youth unemployment trends in G20 countries
Source: ILO, through World Bank online database 2014
P1
P3
P2
2014 G20 Agenda | 10
0%
5%
10%
15%
20%
25%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Yout
h un
empl
oym
ent r
ate
World
High income - OECD
High income - non-OECD
Upper middle income
Lower middle income
Low income
Youth unemployment trends by region (2000-2012)
Source: ILO, through World Bank online database 2014
P1
P3
P2
2014 G20 Agenda | 11
G20 Members’ Labour Force Participation Rates (2012)
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%Male
Female
Total
Source: ILO, World Bank online database 2014
P1
P3
P2
2014 G20 Agenda | 12
G20 members: GDP (PPP, US$’000) per person employed (2012)
29
51
14
50
15
42
53
43
9 11
45 45
20 20
30
15
45
28
49
68
0
10
20
30
40
50
60
70
80
GD
P pe
r per
son
Empl
oyed
(US$
'000
)
Source: World Bank online database 2014
P1
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P2
2014 G20 Agenda | 13
Investment (public and private) as a percentage of GDP
15%
17%
19%
21%
23%
25%
27%
29%
31%
33%
35%
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Investment as a share of GDP (World)
Investment as a share of GDP (Advanced economies)
Investment as a share of GDP (Emerging markets and developing economies)
Forecast period
Source: World Bank online database 2014
P1
P3
P2
2014 G20 Agenda | 14
G20 members share of global trade in 2012
Note: trade for the European Union includes intra-EU trade. Source: WTO Database, 2014
0.4% 1.4% 1.3%
2.4%
9.5%
33.1%
3.6%
6.9%
2.3% 1.0%
2.6%
4.4% 2.8%
1.7% 2.3% 1.3%
0.6% 1.0%
3.6%
10.8%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
Shar
e of
glo
bal t
rade
P1
P3
P2
2014 G20 Agenda | 15
Share of global trade for developed and developing and transitioning economies (2000-2013)
0%
10%
20%
30%
40%
50%
60%
70%
80%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Developed economies Developing and transitioning economies
Source: UNCTAD Database, 2014
P1
P3
P2
2014 G20 Agenda | 16
Trade restrictive measures introduced by G20 members
Source: WTO Trade Restrictive Measures, November 2014
0
20
40
60
80
100
120
140
Mid-Oct 10 toApr 11
(6 months)
May tomid-Oct 11(6 months)
Mid-Oct 11 tomid May 12(7 months)
Mid-May tomid-Oct 12(5 months)
Mid-Oct 12 tomid-May 13(7 months)
Mid-May tomid-Nov 13(6 months)
Mid-Nov 13 tomid-May 14(6 months)
Mid-May 14 tomid-Oct 14(5 months)
Other
Export
Import
Trade remedy
P1
P3
P2
2014 G20 Agenda | 17
G20 members: foreign direct investment
10
49
81 68
348
279
6 33 28 18 13 4
38
71
9 8 12 13
48
236
0
50
100
150
200
250
300
350
400
Net
FDI
inflo
ws (
US$
bill
ion)
Net inflows (Balance of Payments, current US$)
Source: World Bank online database 2014
P1
P3
P2
2014 G20 Agenda | 18
Energy supply (S) and consumption (C) moves from developed to developing world
Source: IEA Key World Energy Facts, 2014
P1
P3
P2
2014 G20 Agenda | 19
Use of oil falls as gas, coal and nuclear continue to grow
Source: IEA Key World Energy Facts, 2014
10.5
1.8 0.9
16
46.1
24.6
0.1
10
2.4 4.8
21.3
31.4 29
1.1
0
10
20
30
40
50
Biofuels andwaste
Hydro Nuclear Natural gas Oil Coal Other*
Shar
e of
glo
bal e
nerg
y (%
)
*Includes geothermal, solar and wind.
P1
P3
P2
2014 G20 Agenda | 20
Average cost of remittances by region (2013-14)
8.9
7.1 7.3 6.7
9
7.6
12.3
7.9
6 6 6.2
7.9 8.3
11.3
0
2
4
6
8
10
12
14
Perc
ent
Total average cost of sending about US$200 equivalent
Third Quarter 2013
Third Quarter 2014
Source: World Bank, Migration and Development Brief, 2014
P1
P3
P2
2014 G20 Agenda | 21
0
5
10
15
20
25
30
35
Shar
e of
pop
ulat
ion
unde
rnou
rishe
d
Undernourishment by region
1990-1992
2012-2014
MDG target
Change in levels of undernourished (1990 – 2014)
Source: FAO 2014
share above target
P1
P3
P2
2014 G20 Agenda | 22
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Facebook: www.facebook.com/G20Australia2014
Twitter: https://twitter.com/G20Australia
Email: G20info@g20.org
G20 Infoline (toll-free in Australia): 1800 922 011
FOR MORE INFORMATION
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