The United Nations report “World Economic Situation and Prospects 2025” is an annual report on global economic conditions and trends for 2025. It presents perspectives on global and regional economic trends for the coming year, while emphasizing the importance of global cooperation and prudent policies to stimulate growth and establish stable and equitable pathways that can accelerate progress toward the Sustainable Development Goals (SDGs). This year, key chapters in the report delve into critical minerals essential for energy transition, which can enhance climate action while simultaneously creating opportunities for many developing countries to generate employment, public revenue, and reduce poverty and inequality.
The report estimates that global economic growth will be 2.8% in 2025 and 2.9% in 2026. Although declining inflation has improved labor market conditions and led to monetary easing, global growth is expected to remain sluggish and below pre-pandemic levels. The global economy continues to face significant uncertainties, including trade tensions, high debt burdens, and geopolitical risks that create economic uncertainty. These factors severely impact progress toward the Sustainable Development Goals (SDGs), particularly for many developing countries that continue to suffer from the cumulative effects of successive crises.
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