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Global growth forecasts for 2024 have been revised up slightly in recent months, although they envisage modest growth rates by historical standards and incorporate a gradual slowdown in activity in the United States and China.
— The global growth outlook for 2024 has been revised slightly upwards in recent months, mainly owing to the United States (see Chart 1.b). In any event, relatively moderate global GDP growth rates (in historical terms) are envisaged for 2024 and 2025, with a gradual slowdown in the momentum of activity projected in the United States and China.
Sep 26, 2024 · In 2024, both GDP growth forecasts for Japan and Mexico were lowered by over half of a percentage point. In 2025, the reduction in China's growth forecasts is the main factor behind our estimate of slower global growth. The U.K., Spain and Brazil led the upside growth revisions for 2024.
Jun 11, 2024 · The global economy is expected to stabilize for the first time in three years in 2024—but at a level that is weak by recent historical standards, according to the World Bank’s latest Global Economic Prospects report.
Mar 12, 2024 · recently boosted growth will peter out. Persistence of considerable geopolitical tensions and energy prices above their pre -pandemic level. In the coming months, relatively stable GDP growth rates are expected to converge, over the projection horizon, toward rates consistent with the Spanish economys’ growth potential.
The global economy is continuing growing at a modest pace, according to the OECD’s latest Economic Outlook. The Economic Outlook projects steady global GDP growth of 3.1% in 2024, the same as the 3.1% in 2023, followed by a slight pick-up to 3.2% in 2025.
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Jan 15, 2024 · 3 of the biggest issues for AI that will set the agenda at Davos 2024. The International Monetary Fund (IMF) forecasts a slight decline in global growth to 2.9% in 2024, down from 3% in 2023. However, much of this growth is made up of emerging markets activity, while growth in advanced economies remains tepid.