Looks like the global economy is taking a leisurely stroll instead of gearing up for a marathon 🏃♂️💨. The International Monetary Fund (IMF) just dropped its latest report this Tuesday, and it's all about keeping it slow and steady.
According to the IMF, the world's economic output is set to climb by 3.2% in 2024. If that number sounds familiar, it's because it's the same growth rate we saw last year, and guess what? The forecast for 2025 isn't any different! 😲
But here's the tea 🍵: This 3.2% growth is a bit of a snoozer compared to the global economy's average sprint over the past two decades. From 2000 to 2019, the world was cruising at an almost 4% annual GDP growth rate. So yeah, we're moving forward, but maybe it's more of a power walk than a dash.
So, what's the vibe? Well, even though the economy isn't hitting any record-breaking speeds, growth is growth, right? It's all about pacing ourselves in this ever-changing global landscape 🌍✨.
Reference(s):
cgtn.com
