8 articles | last updated: Jun 11 21:16:00
The global economy is projected to grow by 2.6% in 2024, buoyed by strong US performance, despite ongoing challenges from high interest rates and trade restrictions.
- India remains the fastest-growing major economy with a projected 6.7% growth rate over the next three years.
- Global inflation is expected to moderate but remain above pre-pandemic levels, prompting cautious central bank policies.
- Trade restrictions and geopolitical tensions, including conflicts in Ukraine and Gaza, pose significant risks to global economic stability.
- Emerging market and developing economies are forecast to grow at 4%, with China and India leading but facing internal challenges.
- The poorest economies face severe debt burdens and limited growth prospects, requiring international support.
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- China Country in East Asia
- India Country in South Asia
- Ukraine Country in Europe
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