Published on 20 Dec 2023 on Insider Monkey via Yahoo Finance

World Bank’s GDP Forecast for 2025 by Country: Top 30

In this article, we will discuss the 30 growing economies according to the World Bank's GDP forecast for 2025 by country. If you want to skip our detailed analysis, you can go directly to 10 Growing Economies According to the World Bank's GDP Forecast for 2025 by Country.

Global Economic Outlook

The American and European economies are major drivers of global economic activities, being two of the largest economies in the world. The US alone has a GDP of $26.95 trillion, as of 2023. The high inflation and high interest rates in 2023 have created huge economic uncertainty. Throughout 2023, economists have had mixed analyses about the US economy being on the verge of a recession, or heading for a soft landing. As we mentioned earlier, the US economy is expected to beat consensus expectations in 2024. Goldman Sachs analysts project the US GDP to grow by 2.1% in 2024 compared to the 1% growth expected by economists' survey by Bloomberg. The probability of a US recession is less than many economists are projecting, according to Goldman Sachs Research. The probability of the US going into a recession over the next 12 months is 15%.