S&P Global Ratings has forecast a 3.2-per cent growth in global GDP in 2024, and a 3.1-per cent growth in 2025, rising to 3.3 per cent in 2026 and 2027.
The bright spots are nations with strong domestic demand or exposure to the global tech cycle.
The slowdown stems mainly from APAC and emerging markets.
In 2025, a dip in China’s forecasts is the key factor behind slower global growth estimates.
The bright spots are nations with strong domestic demand or exposure to the global tech cycle.
The slowdown stems mainly from APAC and emerging markets.
In 2025, a dip in China’s forecasts is the key factor behind slower global growth estimates.
