World, Regional, & National Economic Outlook
Global Economic Projections (2024-2029)
Explore dynamic heatmaps showcasing economic outlook
Overview:
This factsheet, based on IMF data, showcases global and regional projections spanning from 2024 to 2029.
Global Trends -The New Normal :
- World economy shows fluctuating growth:
- 2025: Slight improvement to 3.245%
- 2024-2029: Gradual moderation from 3.267% to 3.084%
- The overall trend suggests a "new normal" of global growth of around 3-3.3%
Global Trends
No Data Found
Advanced Economies :
- Advanced economies face declining growth rates compared to the global averages:
- Persistent low growth: 1.7-1.8% range.
- Gradual decline from 1.79% (2025) to 1.67% (2029)
Advanced Economies
No Data Found
Euro Area:
- The Economic outlook for the Euro Area is concerning:
- Weak recovery: 0.831% in 2024
- Modest improvement to 1.454% by 2026
- Declines to 1.197% by 2029