TABLE-IMF edges up global economic outlook again

ReutersOct 14, 2025 1:00 PM

Oct 14 (Reuters) - The International Monetary Fund on Tuesday slightly upgraded its 2025 global economic outlook due to less-severe trade shocks and easier financial conditions than earlier expected, while leaving its projection for next year unchanged.

	2025 estimates				October vs prior estimates
	October	July	April	January	vs July	vs April	vs January
World	3.2	3.0	2.8	3.3	0.2	0.4	-0.1
United States	2.0	1.9	1.8	2.7	0.1	0.2	-0.7
Euro Area	1.2	1.0	0.8	1.0	0.2	0.4	0.2
Germany	0.2	0.1	0.0	0.3	0.1	0.2	-0.1
France	0.7	0.6	0.6	0.8	0.1	0.1	-0.1
Italy	0.5	0.5	0.4	0.7	0.0	0.1	-0.2
Spain	2.9	2.5	2.5	2.3	0.4	0.4	0.6
Japan	1.1	0.7	0.6	1.1	0.4	0.5	0.0
United Kingdom	1.3	1.2	1.1	1.6	0.1	0.2	-0.3
Canada	1.2	1.6	1.4	2.0	-0.4	-0.2	-0.8
Emerging Markets	4.2	4.1	3.7	4.2	0.1	0.5	0.0
China	4.8	4.8	4.0	4.6	0.0	0.8	0.2
India	6.6	6.4	6.2	6.5	0.2	0.4	0.1
Russia	0.6	0.9	1.5	1.4	-0.3	-0.9	-0.8
Brazil	2.4	2.3	2.0	2.2	0.1	0.4	0.2
Mexico	1.0	0.2	-0.3	1.4	0.8	1.3	-0.4
Saudi Arabia	4.0	3.6	3.0	3.3	0.4	1.0	0.7
Nigeria	3.9	3.4	3.0	3.2	0.5	0.9	0.7
South Africa	1.1	1.0	1.0	1.5	0.1	0.1	-0.4

	2026 estimates				October vs prior estimates
	October	July	April	January	vs July	vs April	vs January
World	3.1	3.1	3.0	3.3	0.0	0.1	-0.2
United States	2.1	2.0	1.7	2.1	0.1	0.4	0.0
Euro Area	1.1	1.2	1.2	1.4	-0.1	-0.1	-0.3
Germany	0.9	0.9	0.9	1.1	0.0	0.0	-0.2
France	0.9	1.0	1.0	1.1	-0.1	-0.1	-0.2
Italy	0.8	0.8	0.8	0.9	0.0	0.0	-0.1
Spain	2.0	1.8	1.8	1.8	0.2	0.2	0.2
Japan	0.6	0.5	0.6	0.8	0.1	0.0	-0.2
United Kingdom	1.3	1.4	1.4	1.5	-0.1	-0.1	-0.2
Canada	1.5	1.9	1.6	2.0	-0.4	-0.1	-0.5
Emerging Markets	4.0	4.0	3.9	4.3	0.0	0.1	-0.3
China	4.2	4.2	4.0	4.5	0.0	0.2	-0.3
India	6.2	6.4	6.3	6.5	-0.2	-0.1	-0.3
Russia	1.0	1.0	0.9	1.2	0.0	0.1	-0.2
Brazil	1.9	2.1	2.0	2.2	-0.2	-0.1	-0.3
Mexico	1.5	1.4	1.4	2.0	0.1	0.1	-0.5
Saudi Arabia	4.0	3.9	3.7	4.1	0.1	0.3	-0.1
Nigeria	4.2	3.2	2.7	3.0	1.0	1.5	1.2
South Africa	1.2	1.3	1.3	1.6	-0.1	-0.1	-0.4

Notes:

Figures in the annual estimates columns are annual percentage change in GDP.

Figures in the change columns are the net difference in percentage points of October's forecast vs prior forecasts.

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