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3.1 percent
- Description: Global growth is projected to stay at 3.1 percent in 2024 and rise to 3.2 percent in 2025. Elevated central bank rates to fight inflation and a withdrawal of fiscal support amid high debt weigh on economic activity.
www.imf.org/en/Publications/WEO
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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.
Oct 22, 2024 · The latest World Economic Outlook reports stable but underwhelming global growth, with the balance of risks tilted to the downside. As monetary policy is eased amid continued disinflation, shifting gears is needed to ensure that fiscal policy is on a sustainable path and to rebuild fiscal buffers.
Sep 25, 2024 · The September 2024 Chief Economists Outlook explores key trends in the global economy, including the latest outlook for growth, inflation, monetary and fiscal policy, the implications of high public debt levels, and the prospects for a new growth agenda.
Jan 30, 2024 · Global growth is projected to stay at 3.1 percent in 2024 and rise to 3.2 percent in 2025. Elevated central bank rates to fight inflation and a withdrawal of fiscal support amid high debt weigh on economic activity.
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.
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. The global economy is continuing growing at a modest pace, according to the OECD’s latest Economic Outlook.
Promising growth despite headwinds. Geopolitical risk and high interest rates are continuing to weigh on the outlook, but the global economy is showing remarkable resilience—to find out what’s powering this resilience and uncover our 2024 forecast, download our free report.
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related to: What is the outlook for global economic growth in 2024?Dive Deep into Global Economic Dynamics with Comprehensive Insights by EY-Parthenon. EY-Parthenon Global Economy Insights Provide You With an Understanding of Economic Forces.
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