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Mapped: GDP Growth Forecasts by Country in 2024
Resilient GDP growth and falling inflation are spurring a brighter outlook for 2024, although cautions remain across global economies. While investors are hopeful that U.S. rate cuts could happen as early as May, the Fed has signaled that it won’t “declare victory” too soon. As countries around the world maneuver a complex landscape, they are faced with a scope of risks that include inflationary spikes, rising debt loads, and dwindling consumer savings. This graphic shows global GDP growth projections in 2024, based on the International Monetary Fund (IMF) October 2023 Outlook and January 2024 update. Global ... (full story)