The International Monetary Fund (IMF) has revised its global economic outlook for 2025, citing rising trade tensions and mounting policy uncertainty as key reasons for a worldwide slowdown.
In its latest World Economic Outlook report, global GDP growth is now expected to hit 2.8 percent in 2025 and 3 percent in 2026 – a downgrade from the previous forecast of 3.3 percent for both years. This marks a notable drop from the historical average of 3.7 percent seen between 2000 and 2019.
Advanced economies are taking a hard hit. For example, the United States is expected to grow by only 1.8 percent, nearly a full percentage point below earlier predictions, while the euro area is projected to grow at a modest 0.8 percent in 2025.
Emerging market and developing economies are also set to slow down, with growth forecasts of 3.7 percent for 2025 and 3.9 percent for 2026. These figures signal a shift toward a more fragmented economic landscape worldwide, and the impact is being felt across the globe 📉.
For young professionals, students, and global travelers, this forecast is a reminder to stay informed and agile in an ever-changing world. Just like the latest viral trends, today's economic news is full of unexpected twists and turns 😮!
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IMF slashes global growth forecast amid rising trade tensions
cgtn.com
