The World Bank's revised forecast highlights a significant slowdown in global economic growth, with 70% of economies facing downward adjustments.
The World Bank has announced a 0.4 percentage point reduction in its 2025 global GDP growth forecast to 2.3%, the weakest growth in 17 years, excluding 2008 and 2020. The U.S. economy's growth is now expected at 1.4%, down from a previous estimate of 2.3%. This decline reflects a broader trend of reduced forecasts for approximately 70% of economies worldwide.