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The global economy in five charts - World Bank Blogs Over 2026-27, a tepid recovery is anticipated, with growth averaging only 2 5 percent and leaving global output materially below January projections While the outlook is far from a global recession, the forecasts imply that average global growth in the first seven years of the 2020s will be the slowest of any decade since the 1960s
2020s weakest decade since 60s: World Banks . . . - WION The World Bank has cut its forecast for global growth this year, and on Tuesday (June 10) warned that the 2020s are on course for the weakest performance for any decade since the 1960s The Washington-based global bank published its twice-yearly Global Economic Prospects report, and reduced its forecast for global GDP growth this year to 2 3
World Bank slashes global growth forecast, warns 2020s may be . . . The World Bank now expects average global growth for the 2020s to settle at 2 5%—the lowest for any decade since the 1960s Chief economist Indermit Gill described the outlook as an “inflection point” for the world economy “Outside of Asia, the developing world is becoming a development-free zone,” Gill warned
2020s on Course To Be Weakest Decade for Global Economy Since . . . The World Bank sharply reduced its global economic growth forecast for 2025 to 2 3% from 2 7%, warning that the current decade is on track to become the weakest for the global economy since the 1960s The Washington-based lender attributed the downgrade to mounting costs from "international discord -- about trade, in particular," as Donald
World Bank predicts 2020s weakest decade for global economy . . . The World Bank has cut its forecasts for growth, blaming Donald Trump’s trade war and says the 2020s are on course to be the weakest decade for the global economy since the 1960s In its twice-yearly Global Economic Prospects report, the Washington-based lender reduced its forecast for global GDP growth this year to 2 3%, down from 2 7% in
Global economy faces bleak outlook as World Bank warns of . . . “Outside of Asia, the developing world is becoming a development-free zone,” said Indermit Gill, the World Bank’s chief economist “Growth in developing economies has ratcheted down for three decades — from 6 per cent annually in the 2000s, to 5 per cent in the 2010s, to less than 4 per cent in the 2020s ”