According to the International Monetary Fund’s (IMF) April 2025 World Economic Outlook (WEO), global growth forecasts have been revised downward. The global growth rate for 2025 has been lowered by 0.5 percentage points to 2.8%, while the forecast for 2026 has been cut by 0.3 percentage points to 3.0%, compared to the estimates released in January 2025. The U.S. economy is now expected to grow by 1.8% in 2025 and 1.7% in 2026. These figures represent downward revisions of 0.9 and 0.4 percentage points, respectively, compared to the estimates published in January. China's growth forecast has also been adjusted downward, with growth now projected at 4.0% for both 2025 and 2026. These revisions reflect reductions of 0.6 and 0.5 percentage points from the earlier projections.
 
For the Euro Area, growth projections have also been revised downward by 0.2 percentage points for both years, now standing at 0.8% for 2025 and 1.2% for 2026.
 
The volume of global trade in goods and services is now expected to grow by 1.7% in 2025 and 2.5% in 2026, reflecting downward revisions of 1.5 and 0.8 percentage points, respectively, from the January forecasts.  Global inflation is projected at 4.3% in 2025 and 3.6% in 2026.
 
Source: IMF
Post by: Republic of Türkiye Ministry of Trade