Global Economy Set for Weakest Run Since 2008 Outside of Recessions
you are currently viewing::Global Economy Set for Weakest Run Since 2008 Outside of RecessionsJune 10, 2025--2025 Growth Forecasts Cut for 70 Percent of Economies
The turmoil has resulted in growth forecasts being cut in nearly 70% of all economies-across all regions and income groups. Global growth is projected to slow to 2.3 percent in 2025, nearly half a percentage point lower than the rate that had been expected at the start of the year. A global recession is not expected. Nevertheless, if forecasts for the next two years materialize, average global growth in the first seven years of the 2020s will be the slowest of any decade since the 1960s. Source: worldbank.org |
April 14, 2026-The global economy faces renewed tests as the war in the Middle East threatens to disrupt growth and disinflation.
After withstanding higher trade barriers and elevated uncertainty last year, global activity now faces a major test from the outbreak of war in the Middle East. Assuming that the conflict remains limited in duration and scope, global growth is projected to slow to 3.1 percent in 2026 and 3.2 percent in 2027.