The World Bank predicts global economic growth of 2.6% by the end of this year. Growth is expected to improve slightly to 2.7% next year. Economists believe central banks will remain cautious about easing monetary policies due to inflation pressures. Interest rates are predicted to stay well above pre-pandemic levels, reflecting ongoing economic challenges.
According to the World Bank, global growth will remain sluggish in the coming years. Growth rates will be nearly half a percent below the average seen between 2010 and 2019. High global debt levels are a major concern, requiring careful balancing between investment and fiscal responsibility. Policymakers are urged to focus on long-term strategies to ensure economic stability.
The main risks for the global economy in 2025 are geopolitical instability and potential shifts in trade policies. A recent McKinsey survey of CEOs highlighted these risks, noting their possible impact on global GDP. Changes in international relations or trade policies could affect economic performance within the next six months.
Despite these challenges, opportunities for growth remain, particularly in technology and green energy investments. Experts emphasize the need for cooperation between nations to address shared economic and environmental issues. With careful planning and coordinated efforts, economies can navigate uncertainties and achieve sustainable growth in 2025.
