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According to IMF, due to decline in industrial activity in India, the growth rate has declined compared to 2023.
The International Monetary Fund (IMF) has presented its forecast regarding the growth rate of countries around the world in the years 2025 and 2026. The IMF estimates that the world growth rate will be 3.3% in 2025 and 2026. Among big countries, India will grow fastest with a growth rate of 6.5%.
Pakistan growth rate is projected to be 3% in 2025 and 4% in 2026, compared to 3.2% in 2024. IMF First Deputy Managing Director Geeta Gopinath posted the World Economic Outlook growth forecast on social media.
According to Upstox, IMF says that there has been a greater decline in industrial activity in India than expected. Due to this, the growth rate till 2023 was also slower than expected. India’s growth rate in 2023 was 8.2%, which will reduce to 6.5% in 2024. It is expected to remain the same in 2025 and 2026 also.
America’s growth rate It will be 2.7% in 2025
According to estimates, America’s growth rate will decline marginally by 0.1% compared to 2024 to 2.7% in 2025, while it will reach 2.1% in 2026. IMF says that demand remains in the US domestic market, because the US Federal Reserve (central bank) has reduced interest rates in monetary policy. This has made it easier for people to get loans.
China’s growth rate is projected to be 4.6% in 2025 and 4.5% in 2026. China’s growth rate in 2024 was 4.8%. According to IMF, China will have to create demand in the domestic market to increase its growth pace.
According to IMF, cheaper interest rates in America have made it easier for people to get loans, which has increased domestic demand.
Inflation rate will decrease worldwide
IMF economist Pierre-Olivier Gourinchas said that the world inflation rate will be 4.2% in 2025 and 3.5% in 2026. Whereas in 2024 it was 5.9%. According to Gourinchas, the decline in global inflation will help in reducing the global turmoil that has occurred in recent years (Corona epidemic and Ukraine war).
The IMF says that business policies around the world should be clear according to the legal framework of trade organization. This will reduce uncertainty and volatility in the market.
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