Global Economic Projections (2024-2029)
Global Trends -The New Normal
World economy shows fluctuating growth: *2025: Slight improvement to 3.245%. *2026-2029: 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
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Advanced Economies
Advanced economies face declining growth rates compared to the global averages: Persistent low growth: 1.7-1.8% range. Gradual decline from 1.799% (2025) to 1.675% (2029)
Regions
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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
Euro
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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
G7 Economies
No Data Found