IMF Updates Global Economic Growth Forecast

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IMF Updates Global Economic Growth Forecast

15.10.2025 News

Global economic growth is expected to slow from 3.3% in 2024 to 3.2% in 2025 and 3.1% in 2026, according to the latest forecast from the International Monetary Fund (IMF).

Growth in advanced economies is projected to remain around 1.5%, while emerging markets and developing economies are expected to expand by just over 4%.

The IMF’s latest World Economic Outlook shows an upward revision compared to the April 2025 forecast, but still reflects a gradual slowdown relative to pre-policy-change projections.

Inflation is expected to continue easing worldwide, though with variations across countries: remaining above target in the U.S., with upside risks, and moderating more steadily elsewhere.

The IMF report notes that “the global economy is adjusting to a landscape reshaped by new policy measures. Thanks to renewed agreements and recalibrations, some of the effects associated with higher tariffs have been mitigated.”

“Risks have shifted to the downside. Prolonged uncertainty, rising protectionism, and labor market shocks could weigh on growth. Fiscal vulnerabilities, potential financial market corrections, and institutional erosion could threaten stability,” the IMF warned.

The Fund urged policymakers to “restore confidence through credible, transparent, and sustainable policies.” It emphasized that trade diplomacy should be coupled with macroeconomic adjustment, and central bank independence must be preserved.

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