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Bookmark or Share- World Economic Situation and Prospects 2024 | DESA PublicationsGlobal economic growth is projected to slow from an estimated 2.7 per cent in 2023 to 2.4 per cent in 2024, trending below the pre-pandemic growth rate of 3.0 per cent, according to the United Nations World Economic Situation and Prospects (WESP) 2024. This latest forecast comes on the heels of global economic performance exceeding expectations in 2023.
- An Update to the Economic Outlook: 2023 to 2025Economic growth slows and then picks up. The growth of real (inflation-adjusted) gross domestic product (GDP) slows to a 0.4 percent annual rate during the second half of 2023; for the year as a whole, real GDP increases by 0.9 percent. After 2023, growth accelerates as monetary policy eases.
- Global Economic Prospects: Sharp, Long-lasting Slowdown to Hit ...Growth in advanced economies is projected to slow from 2.5% in 2022 to 0.5% in 2023. Over the past two decades, slowdowns of this scale have foreshadowed a global recession.
- Global economic growth improves but ‘downsides’ lurk | UN News16 May 2024 Economic Development. The global economic picture has improved since January, but vulnerabilities remain, the mid-year update of the World Economic Situation and Prospects report published on Thursday has revealed. The world economy is forecast to grow by 2.7 per cent in 2024, up from 2.4 per cent projected at the start of the year.
- Top economics news: Global economic growth to slow in 2024 | World ...Global economic growth will slow even more in 2024 due to high interest rates, increased energy prices and a slowdown in the world's top two economies, a series of leading banks say.
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