World, Regional, & National Economic Outlook
Emerging Markets and Developing Economies Projections (2024-2029)
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Overview
This factsheet, based on IMF data, showcases Emerging Markets and Developing Economies projections spanning from 2024 to 2029.
EMDE -The Gradual Moderation
- Emerging Markets and Developing Economies performance will be as follows:
- Achieves more substantial growth than advanced economies in 2024, with an impressive growth rate of 4.21%.
- Between 2025 and 2029, it will experience a gradual modernization, gradually easing from 4.193% to 3.931%.
EMDE -The Gradual Moderation
No Data Found
Regional Leaders
- Emerging Asia is establishing itself as a key leader among EMDE countries:
- Growth rate reached 5.33% in 2024.
- Gradual moderation to 4.474% by 2029.
- Emerging Asia consistently outperforms other regions.
Regional Leaders
No Data Found
ASEAN 5:
- The economic outlook for the ASEAN-5 is promising:
- Stable growth around 4.5%
- ASEAN-5 region showcases the most consistent and sustained growth trajectory among global regions.
Euro
No Data Found
G7 Economies
No Data Found
G7 Economies
- The data for the G7 economies indicates a declining trend throughout the period:
- From 1.734% (2024) to 1.576% (2029)
- Consistently below the world average
EMDE
- The EMDE area maintains stronger growth than advanced economies
- In 2024, the growth rate stood at 4.21%.
- Between 2025 and 2029, rates are expected to gradually moderate, easing from 4.193% to 3.931%.
EMDE
No Data Found
In Summary
The global economic outlook from 2025 to 2029 indicates a trend of moderate growth, stabilizing around 3-3.3% after a slight improvement in 2025. Advanced economies, however, are expected to experience persistent low growth, with projections ranging from 1.7% to 1.8%, and a gradual decline over the years. Specifically, the Euro Area and G7 economies are anticipated to see weak recoveries and declining trends, consistently falling below the global average. This suggests a challenging economic environment for advanced economies, contrasting with a more stable growth trajectory for the world as a whole.
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