PARIS, Feb. 5 (Xinhua) -- Global gross domestic product (GDP) growth is projected to ease to 2.9 percent in 2024 from 3.1 percent in 2023, before recovering to 3.0 percent in 2025 as financial conditions ease, according to the outlook released Monday by the Organisation for Economic Cooperat...
by 3.23% in 2024, marginally lower than 3.33% in 2023. During three years, the world economy grew by over 6%, with the highest GDP growth rate of 6.56 percent in 1964. The lowest growth was in 2020 as GDP contracted by 2.93%. 2009 was another year when it showed negative growth. ...
YearGDP per capita ($/Int. $) NominalPPP 2023 13,407 23,374 2024 13,842 24,469 2025 14,401 25,496 2026 15,002 26,586 2027 15,596 27,690 2028 16,222 28,829 2029 16,854 30,017Estimates by World Bank YearGWP per capita Nominal ($)GWP per capita PPP (Int. $)Growth (%) Cu...
GDP growth forecast for 2023: 🇮🇳India: +6.1% 🇨🇳China: +4.4% 🇸🇦Saudi Arabia: +3.7% 🇵🇰Pakistan: +3.6% 🇨🇴Colombia: +2.2% 🇯🇵Japan: +1.6% 🇨🇦Canada: +1.5% 🇲🇽Mexico: +1.2% 🇺🇸US: +1.0% 🇧🇷Brazil: +1.0%
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The report also forecasted a 3.5-percent GDP growth for the Middle East and North Africa region in 2024 and 2025, provided that the current conflict in the region does not escalate.■
The fund on Tuesday increased its global GDP estimate for 2024 by 0.2 percentage points compared with its October 2023 forecast to 3.1%, as steady growth and disinflationary trends point to a softer landing for the world economy this year.Tom Brown...
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As of 2025, the United States and China will occupy the first two places in both methods' GDP rankings. The US and China's margins are coming down in nominal rankings as China's GDP growth rate in 2025 (4.48%) is higher than the US's 2.15%. On a nominal basis, the US will be ...