{"id":1541091,"date":"2024-08-14T08:50:32","date_gmt":"2024-08-14T12:50:32","guid":{"rendered":"https:\/\/www.practicalecommerce.com\/?p=1541091"},"modified":"2025-01-15T09:36:10","modified_gmt":"2025-01-15T14:36:10","slug":"charts-global-economic-conditions-outlook","status":"publish","type":"post","link":"https:\/\/www.practicalecommerce.com\/charts-global-economic-conditions-outlook","title":{"rendered":"Charts: Global Economic Outlook Q3 2024"},"content":{"rendered":"<p>Global growth will remain stable at 3.2% in 2024 and 3.3% in 2025 according to the International Monetary Fund\u2019s July 2024 \u201cWorld Economic Outlook\u201d report, subtitled \u201c<a href=\"https:\/\/www.imf.org\/en\/Publications\/WEO\/Issues\/2024\/07\/16\/world-economic-outlook-update-july-2024\">The Global Economy in a Sticky Spot<\/a>.\u201d<\/p>\n<p>The IMF updates its <a href=\"https:\/\/www.practicalecommerce.com\/charts-global-ecommerce-stats-and-forecasts\">economic outlook<\/a> twice yearly using a \u201cbottom-up\u201d approach, starting with individual countries and then aggregating into overall global projections.<\/p>\n<p>Per the IMF, growth in the United States will fall from 2.6% in 2024 to 1.9% in 2025, reflecting a slower-than-expected start to the year. The euro region will pick up from 0.5% in 2023 to 0.9% in 2024 and rise to 1.5% in 2025.<\/p>\n<div id=\"everviz-5dC95LT6S\" class=\"everviz-5dC95LT6S\"><script src=\"https:\/\/app.everviz.com\/inject\/5dC95LT6S\/?v=6\" defer=\"defer\"><\/script><\/div>\n<p>&#8211;<\/p>\n<p>The IMF projects growth in advanced economies to remain unchanged at 1.7% in 2024 and rise slightly to 1.8% in 2025.<\/p>\n<div id=\"everviz-yypCy3xj7\" class=\"everviz-yypCy3xj7\"><script src=\"https:\/\/app.everviz.com\/inject\/yypCy3xj7\/?v=8\" defer=\"defer\"><\/script><\/div>\n<p>&#8211;<\/p>\n<p>Meanwhile, according to IMF estimates, growth in emerging markets and developing economies will decline marginally from 4.4% in 2023 to 4.3% in 2024 and 2025.<\/p>\n<div id=\"everviz-vyyIMenhw\" class=\"everviz-vyyIMenhw\"><script src=\"https:\/\/app.everviz.com\/inject\/vyyIMenhw\/?v=5\" defer=\"defer\"><\/script><\/div>\n<p>&#8211;<\/p>\n<p>Per the IMF, the global <a href=\"https:\/\/www.practicalecommerce.com\/charts-global-consumer-trends\">consumer inflation rate<\/a>, including food and energy, will fall from 6.7% in 2023 to 5.9% in 2024 and 4.4% in 2025.<\/p>\n<div id=\"everviz-LJdo943Ue\" class=\"everviz-LJdo943Ue\"><script src=\"https:\/\/app.everviz.com\/inject\/LJdo943Ue\/?v=4\" defer=\"defer\"><\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>We recap the latest forecasts from the International Monetary Fund on global economic growth. <\/p>\n","protected":false},"author":2426,"featured_media":1541103,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_wp_rev_ctl_limit":""},"categories":[13093],"tags":[58315],"class_list":["post-1541091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analytics-data","tag-charts",""],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.2 (Yoast SEO v25.2) - 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