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- With higher-than-expected inflation – especially in the US and the largest European economies – global financial conditions are becoming tighter. IMF In the US, reduced household purchasing power and tighter monetary policy will drive growth down to 2.3 per cent this year and one percent next year, according to the outlook.
news.un.org/en/story/2022/07/1123342Global economy: Outlook worsens as global recession looms – IMF
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Jan 15, 2024 · The World Economic Forum’s latest Chief Economists Outlook finds that just over half of chief economists anticipate the global economy to weaken this year. Seven in 10 expect the pace of geoeconomic fragmentation to accelerate in 2024.
- Global growth. A. Global GDP growth: 2021-24. B. Global GDP growth over time. Note: Global GDP is calculated using real U.S. dollar GDP weights at average 2010-19 prices and market exchange rates.
- Geopolitical risks and global growth outcomes. A. Geopolitical risk index and conflicts. B. Changes in global growth under alternative risk scenarios.
- China: Share of goods exports and property sales. A. Share of goods exports to China. B. Property sales growth in China. Sources: Haver Analytics; National Bureau of Statistics of China; UN Comtrade (database); World Bank.
- Real interest rates and debt. A. Global real interest rates. B. Total debt in EMDEs. Sources: Haver Analytics; Kose et al. (2021); U.S. Federal Reserve System; World Bank.
Jan 10, 2024 · From disinformation to inflation, these are the world's most pressing risks. The World Economic Forum’s Global Risks Report 2024 says the biggest short-term risk stems from misinformation and disinformation. In the longer term, climate-related threats dominate the top 10 risks global populations will face.
Jun 11, 2024 · WASHINGTON (AP) — The World Bank upgraded its outlook for the global economy Tuesday, estimating that it will expand 2.6% this year on the strength of sustained growth in the United States. The bank’s latest outlook marks an increase from the 2.4% growth for 2024 it had predicted in January.
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.
Jul 16, 2024 · Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025. Services inflation is holding up progress on disinflation, which is complicating monetary policy normalization.
Sep 15, 2023 · The outlook for the US economy has improved markedly since May, with around 80% of those surveyed expecting strong or moderate growth this year and next, up from about 50% in May. Europe is facing weak or very weak growth this year, according to 77% of those surveyed.
