IMF raises 2025 global growth forecast to 3.2%

Washington: The International Monetary Fund (IMF) has raised its global economic growth forecast for 2025 to 3.2 percent, an increase of 0.2 percentag...

Washington: The International Monetary Fund (IMF) has raised its global economic growth forecast for 2025 to 3.2 percent, an increase of 0.2 percentage points from its previous July forecast of 3 percent, while maintaining its 2026 growth forecast at 3.1 percent.

In its annual "World Economic Outlook" report, issued Tuesday on the occasion of the annual meetings of the International Monetary Fund and the World Bank Group, the IMF affirmed the resilience of the global economy despite the economic volatility and trade tensions that characterized the current year.

The report indicated that 2025 was characterized by volatility due to international trade policies, particularly the tariffs imposed by the United States against a number of countries, which raised tariffs to levels unprecedented in more than a century. These tariffs were later reduced through agreements between Washington and its trading partners, limiting their negative impact on global growth, despite the ongoing uncertainty.

The IMF indicated that advanced economies will grow by 1.6 percent in 2025, the same as expected for 2026, with a slight increase from last July's forecast.

It expects the US economy to grow by 2 percent in 2025 and 2.1 percent in 2026, supported by investments in artificial intelligence and technology. The eurozone economy will grow by 1.2 percent in 2025 and 1.1 percent in 2026, with Germany remaining the weakest among major economies at 0.9 percent in 2026.