Global growth projected to drop to 2.8% in 2025, 3% in 2026: IMF

Global growth may drop to 2.8 per cent in 2025 and 3 per cent in 2026—down from 3.3 per cent for both years in the January 2025 World Economic Outlook Update—corresponding to a cumulative 0.8 pp downgrade, and much below the historical average of 3.7 per cent, the IMF noted.
Growth in advanced economies is projected to be 1.4 per cent in 2025, while euro area growth is projected at 0.8 per cent.Read More