International Monetary Fund (IMF)
The International Monetary Fund (IMF) released a World Economic Outlook (WEO) report in October 2024. It forecasts global growth to remain stable at 3.2% in 2024 and 2025. The WEO is published biannually by the IMF, providing estimates on global GDP growth, inflation, and more for 190 member countries. India’s GDP growth is expected to be 7% in 2024, slowing to 5% in 2025 due to reduced post-pandemic demand. The U.S. economy is projected to grow at 2.8% in 2024 and 2.2% in 2025. China's growth is forecasted at 4.8% in 2024 and 4.5% in 2025.
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