The International Monetary Fund on Tuesday published its latest economic growth projections for 2024 and 2025 in a quarterly update to its World Economic Outlook (WEO).
The table shows GDP growth forecasts in percentages, with the change from the October WEO in parentheses.
2024 | 2025 | |||
World | 3.1 (+0.2) | 3.2 (0.0) | ||
Advanced economies | 1.5 (+0.1) | 1.8 (0.0) | ||
United States | 2.1 (+0.6) | 1.7 (-0.1) | ||
Euro area | 0.9 (-0.3) | 1.7 (-0.1) | ||
Germany | 0.5 (-0.4) | 1.6 (-0.4) | ||
France | 1.0 (-0.3) | 1.7 (-0.1) | ||
Italy | 0.7 (0.0) | 1.1 (+0.1) | ||
Spain | 1.5 (-0.2) | 2.1 (0.0) | ||
Japan | 0.9 (-0.1) | 0.8 (+0.2) | ||
Britain | 0.6 (0.0) | 1.6 (-0.4) | ||
Canada | 1.4 (-0.2) | 2.3 (-0.1) | ||
Emerging & developing economies | 4.1 (+0.1) | 4.2 (+0.1) | ||
China | 4.6 (+0.4) | 4.1 (0.0) | ||
India | 6.5 (+0.2) | 6.5 (+0.2) | ||
Russia | 2.6 (+1.5) | 1.1 (+0.1) | ||
Latin America & Caribbean | 1.9 (-0.4) | 2.5 (+0.1) | ||
Brazil | 1.7 (+0.2) | 1.9 (0.0) | ||
Mexico | 2.7 (+0.6) | 1.5 (0.0) | ||
Middle East & Central Asia | 2.9 (-0.5) | 4.2 (+0.3) | ||
Sub-Saharan Africa | 3.8 (-0.2) | 4.1 (0.0) | ||
South Africa | 1.0 (-0.8) | 1.3 (-0.3) | ||
Global inflation | 5.8 (0.0) | 4.4 (-0.2) |