The global economy is slowing down, as indicated by the latest data from the International Monetary Fund (IMF) in the April edition of the World Economic Outlook (WEO). In 2025, global GDP is expected to grow by only 2.8%, and in 2026, this figure will be 3%. Compared to previous years, growth was 3.3% in 2024, while the average level from 2000 to 2019 was at 3.7%.
This is reported by Finway
One of the main reasons for the lowered forecasts is changes in government policy, as well as a new wave of tariff restrictions, particularly from the United States. These factors are having a serious negative impact on global economic growth. In the context of an unstable trading environment, the IMF published a non-baseline, or “reference,” forecast, which presents alternative scenarios depending on further changes in trade policy.
According to IMF experts, recovery from the economic crisis is only possible with enhanced international cooperation, debt restructuring, coordinated trade policy, and ensuring macroeconomic stability in individual countries.
Forecasts for Ukraine remain unchanged: GDP growth is expected to be 2% in 2025 and 4.5% in 2026.