The US economic growth rate is projected to be 1.8 per cent this year, down 0.9 percentage points from January's forecast, according to the IMF's World Economic Outlook report released on Tuesday.

The IMF estimates that the world economy expanded by 3.3% last year, with the US rate pegged at 2.9%. The agency lowered its 2024 China growth outlook by 0.2 percentage point to 4.8%.

Saudi Arabia’s economy is set to grow by 3.0% this year, a rebound from meager 1.3% growth in 2024, but lower than a previous forecast of 3.3% GDP growth, the International Monetary Fund (IMF ...

The budget outlook is based on the IMF's "reference forecast" for 2.8% global GDP growth this year in its latest World Economic Outlook, which includes tariff developments through April 4.

The global upswing in economic activity is strengthening, with global growth projected to rise to 3.6 percent in 2017 and 3.7 percent in 2018. Broad-based upward revisions in the euro area, Japan, ...

GDP in the world's second largest economy is expected to further slow in 2025 to 4.5%, and be on a downward trajectory to 3.3% by 2029, according to the IMF's latest World Economic Outlook in July.

According to the Fund’s report, world GDP will grow by 2.8% in 2025 and 3.0% in 2026. For the euro area, growth will be 0.8% and 1.2% for 2025 and 2026 respectively.

Notably, the IMF staff modeled the potential impact of a global escalation in tariffs. They found it could reduce the level of US GDP by 0.4% compared to their baseline forecast for 2025, and by 0 ...

IMF forecasts China’s GDP at 4% in both 2025 and 2026, down from 5% growth last year. India’s growth is projected to slow to 6.2% this year and increase to 6.3% in 2026. More from Pro Farmer.

The IMF's April World Economic Outlook update downgrades global growth forecasts due to U.S. trade policy shifts, highlighting significant economic uncertainty. Growth estimates for major ...

After long maintaining Chinese growth forecasts at or above Beijing's 5% target, the IMF this week cut China's 2024 growth outlook to 4.8%, with a projection slowdown to 4.5% in 2025. China's GDP ...

The IMF's latest World Economic Outlook said the shifts will leave 2024 global GDP growth unchanged from the 3.2% projected by the global lender in July, setting a lackluster tone for growth as ...