Physical Address
Indirizzo: Via Mario Greco 60, Buttigliera Alta, 10090, Torino, Italy
The IMF slightly revises its growth forecast upwards for 2025
Global Economic Outlook
The International Monetary Fund (IMF) has raised its forecasts for global growth, in view of the improvement observed during the first half of 2025, despite the persistence of uncertainties in the markets and the rise of protectionist measures.
In its report on the “World Economic Outlook”, published Tuesday on the occasion of the annual meetings of the IMF and the World Bank, the Breton Woods institution revised its growth forecasts upwards compared to those of last April and now forecasts a rate of 3.2% in 2025 and 3.1% in 2026.
However, these forecasts reflect a slowdown in the pace of growth compared to the previous year, when the rate reached 3.3%.
The report says the expected growth rate is expected to be around 1.5% in advanced economies, and just above 4% in emerging and developing countries.
According to the IMF, this upward revision is explained by temporary factors which supported economic activity in the first half of 2025, in particular the acceleration of global trade before the entry into force of new changes to trade policies.
Furthermore, the Fund forecasts a decline in overall global inflation, although disparities persist from country to country.
In this report, the institution warned of still high risks, in particular those linked to the rise of protectionism, the vulnerability of public finances, the increase in the cost of debt and the increased risks linked to the refinancing of sovereign debt.