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TABLE-IMF nudges up 2025 world growth outlook

ReutersJan 17, 2025 2:00 PM

- The International Monetary Fund on Friday nudged its 2025 economic outlook higher as anticipated continued strength in the U.S. economy outweighed downgrades to forecasts for Europe and Canada.

2025 estimates

January vs prior estimates

January

October

July

April

vs October

vs July

vs April

World

3.3

3.2

3.3

3.2

0.1

0.0

0.1

United States

2.7

2.2

1.9

1.9

0.5

0.8

0.8

Euro Area

1.0

1.2

1.5

1.5

-0.2

-0.5

-0.5

Germany

0.3

0.8

1.3

1.3

-0.5

-1.0

-1.0

France

0.8

1.1

1.3

1.4

-0.3

-0.5

-0.6

Italy

0.7

0.8

0.9

0.7

-0.1

-0.2

0.0

Spain

2.3

2.1

2.1

2.1

0.2

0.2

0.2

Japan

1.1

1.1

1.0

1.0

0.0

0.1

0.1

United Kingdom

1.6

1.5

1.5

1.5

0.1

0.1

0.1

Canada

2.0

2.4

2.4

2.3

-0.4

-0.4

-0.3

Emerging Markets

4.2

4.2

4.3

4.2

0.0

-0.1

0.0

China

4.6

4.5

4.5

4.1

0.1

0.1

0.5

India

6.5

6.5

6.5

6.5

0.0

0.0

0.0

Russia

1.4

1.3

1.5

1.8

0.1

-0.1

-0.4

Brazil

2.2

2.2

2.4

2.1

0.0

-0.2

0.1

Mexico

1.4

1.3

1.6

1.4

0.1

-0.2

0.0

Saudi Arabia

3.3

4.6

4.7

6.0

-1.3

-1.4

-2.7

Nigeria

3.2

3.2

3.0

3.0

0.0

0.2

0.2

South Africa

1.5

1.5

1.2

1.2

0.0

0.3

0.3

2026 estimates

January vs prior estimates

January

October

vs October

World

3.3

3.3

0.0

United States

2.1

2.0

0.1

Euro Area

1.4

1.5

-0.1

Germany

1.1

1.4

-0.3

France

1.1

1.3

-0.2

Italy

0.9

0.7

0.2

Spain

1.8

1.8

0.0

Japan

0.8

0.8

0.0

United Kingdom

1.5

1.5

0.0

Canada

2.0

2.0

0.0

Emerging Markets

4.3

4.2

0.1

China

4.5

4.1

0.4

India

6.5

6.5

0.0

Russia

1.2

1.2

0.0

Brazil

2.2

2.3

-0.1

Mexico

2.0

2.0

0.0

Saudi Arabia

4.1

4.4

-0.3

Nigeria

3.0

3.0

0.0

South Africa

1.6

1.5

0.1

(Reporting By Dan Burns)

((Daniel.Burns@thomsonreuters.com;))

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
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