The UN projects a global economic growth of 2.8% for 2025, a rate lower than the pre-pandemic years. India and Indonesia emerge as strong performers, with India's growth anticipated at 6.6% in 2023 and 6.8% in 2026, fueled by consumption and investment.
Europe is showing signs of recovery, aided by easing inflation and solid labor markets. South Asia is growing rapidly, particularly driven by recovery efforts in Bhutan, Nepal, Pakistan, and Sri Lanka.
However, rising tariffs and geopolitical tensions pose significant risks to this growth, especially for vulnerable economies. The report also notes a potential slowdown in the U.S. due to labor market cooling and reduced consumer spending, while fiscal tightening and demographic challenges may hamper growth in the EU.
infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand