The International Monetary Fund (IMF) announced stable growth in global gross domestic product (GDP), raising expectations for this indicator to 3.3%. This was announced by IMF Chief Economist Pierre-Olivier Horinchas during the presentation of the updated "World Economic Survey" (WEO).
"According to our forecasts, global growth remains stable at the level of 3.3% this year and next," the economist noted. Inflation is expected to decrease to 4.2% in 2024 and 3.5% in 2025. This indicates a gradual stabilization after the crisis shocks caused by the COVID-19 pandemic and the Russian Federation's war against Ukraine.
The updated figures show a slight improvement in the dynamics of global GDP growth compared to the previous forecasts presented by the WEO in October 2024. At that time, it was assumed that in 2025 growth would remain at the level of 3.2%.
Among regional features, the US economy is showing improvement, with growth expected at 2.7%. At the same time, the situation in the Eurozone is less optimistic - the forecast for 2025 has been reduced to 1% due to the low level of consumer confidence and high energy prices.
The IMF also emphasizes the impact of trade uncertainty on China's economy, which slows its growth. Overall, the Fund notes that the recovery in the global economy remains fragile and requires further efforts to ensure sustainable development.
