The United Nations on Thursday raised its growth forecast for the global economy this year, anticipating a boost to investment as central banks continue to lower their key interest rates.
The United Nations says the world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025
It has projected a slight improvement in growth for least developed countries (LDCs) in 2025, slower global growth than the pre-pandemic average of 3.2%, and a fall in global inflation from 4% in 2024 to 3.
Global economic growth is projected to remain at 2.8 per cent in 2025, unchanged from 2024, according to the United Nations flagship report, World Economic Situation and Prospects (WESP) 2025, released today.
The world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025, the United Nations said Thursday.In “World Economic Situation and Prospects 2025,
The UN World Economic Situation and Prospects 2025 will present the global and regional economic outlooks for the coming year, underscoring the importance of global cooperation and prudent policies to lift growth and place it on a stable and equitable pathway that can accelerate progress towards the SDGs.
The UN estimates that the country's GDP growth will fall to 5.4% in 2026. Turkmenistan's GDP grew 6.3% in 2024. Average annual inflation in Turkmenistan slowed to 8% in 2024 from 9.1% in 2023, according to UN experts. The UN forecasts that average annual inflation will fall to 6.8% in 2025 and to 5.4% in 2026.
World Economic Situation and Prospects 2025 report produced by the UN Department of Economic and Social Affairs stressed the need for bold multilateral action to address interconnected global crises,
Australian consumer price inflation crept up from three-year lows in November as electricity costs jumped, but a drop in core inflation still bolstered the case for a cut in interest rates as early as next month.
The Moldovan Economy Ministry forecasts that the country's GDP will grow 2.5%-3% in 2025. Economic growth stood at 0.6% in January-September 2024.
Global economic growth is projected to remain at 2.8% in 2025, unchanged from 2024, held back by the top two economies, the U.S. and China, according to a United Nations report released on Thursday.
With risks stemming from geopolitical conflicts, rising trade tensions and elevated borrowing costs in many parts of the world, a report by the United Nations (UN) has revealed that global economic growth is projected to remain at 2.