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      • The Asia growth forecast for 2025 is unchanged at 4.3 percent. Global disinflation and the prospect of lower central bank interest rates have made a soft landing more likely, hence risks to the near-term outlook are now broadly balanced.
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  2. 14 hours ago · While some of the sharpest near-term risks to the global economy may have eased, uncertainty remains high, and the chief economists highlighted a number of potentially disruptive factors. Nearly all respondents (97%) expect international geopolitics to cause global economic volatility throughout 2024, up from 90% in September 2023.

  3. 1 What are the near-term prospects for the global economy? Global growth set to decelerate in 2024 for the third consecutive year, partly owing to tight monetary policy and subdued trade and investment. Risks are slightly more balanced but still tilted to the downside amid heightened geopolitical tensions.

  4. Apr 29, 2024 · The Asia growth forecast for 2025 is unchanged at 4.3 percent. Global disinflation and the prospect of lower central bank interest rates have made a soft landing more likely, hence risks to the near-term outlook are now broadly balanced. A diverse inflation landscape. Despite robust demand growth, inflation in Asia has continued to retreat.

  5. Press Release. Under embargo until 4 January 2024, 12:30 pm EST. A sharp economic growth slowdown is expected in Western Asia, according to UN flagship economic report. Slower global growth,...

  6. Jan 9, 2024 · WASHINGTON, Jan. 9, 2024 — As the world nears the midpoint of what was intended to be a transformative decade for development, the global economy is set to rack up a sorry record by the end of 2024 —the slowest half-decade of GDP growth in 30 years, according to the World Bank’s latest Global Economic Prospects report.

  7. Jan 10, 2023 · Download Global Economic Prospects here. Regional Outlooks: East Asia and Pacific: Growth is expected to increase to 4.3% in 2023 and to 4.9% in 2024. For more, see regional overview. Europe and Central Asia: Growth is expected to slow to 0.1% in 2023 before increasing to 2.8

  8. May 16, 2024 · New York, 16 May 2024 - Global economic prospects have improved since January, with major economies avoiding a severe downturn, bringing down inflation without increasing unemployment,...