The Global Economic Prospects January 2025 report, published by the World Bank, projects that global economic growth will stabilize at 2.7% for both 2025 and 2026. However, this rate is deemed insufficient to drive substantial economic development, especially in emerging markets and developing economies, which are anticipated to experience their weakest long-term growth outlook since 2000. The report identifies several risks that could further impede growth, including heightened policy uncertainty, adverse shifts in trade policies, geopolitical tensions, persistent inflation, and climate-related natural disasters. It emphasizes the necessity for comprehensive policy actions to address these challenges and to foster sustainable economic progress.
