For illustrative purposes only. Past results are not a guarantee of future results.
Sources: Capital Group forecasts, Bundesbank (Germany), National Institute of Statistics and Economic Studies (France), National Institute of Statistics (Italy), National Statistics Institute (Spain), Office for National Statistics (UK). Data as of 30 September 2021.
1. As of October 2021. Sources: Eurostat, ONS
2. As of November 2021.
3. As of October 2021. Source: Goldman Sachs
4. Germany’s debt brake has limited the federal government's structural net borrowing to 0.35% of gross domestic product (GDP).