IMF Growth Projections for 2025
๐บ๐ธ US: 2.0%
๐ฉ๐ช Germany: 0.2%
๐ซ๐ท France: 0.7%
๐ช๐ธ Spain: 2.9%
๐ฌ๐ง UK: 1.3%
๐จ๐ณ China: 4.8%
๐ฏ๐ต Japan: 1.1%
๐ฎ๐ณ India: 6.6%
๐ท๐บ Russia: 0.6%
๐ง๐ท Brazil: 2.4%
๐ธ๐ฆ Saudi Arabia: 4.0%

Tariffs are lower than we previously expected. Accordingly, we now project global growth at 3.2% in 2025, slowing to 3.1% next year. See our blog for more.

Industrial policy can help boost production in some industries, but it must be pursued carefully because itโs often costly for governments and comes with trade-offs. See our blog for more.


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