2025 OUTLOOK: SUSTAINING RESILIENCE AMIDST CONTINUED CHALLENGES

 GLOBAL ECONOMY

The global economy has demonstrated remarkable resilience in the past few years despite being subject to major shocks such as the pandemic and an energy crisis. In 2024, global growth has remained stable, while inflation continued to decline. Despite some easing in labour markets, unemployment rates are still near historical lows in many countries. Global trade has also been recovering. Experts from international bodies like the Organisation for Economic Co-operation and Development (OECD) and the International Monetary Fund (IMF) project global GDP increasing by over 3% in 2025, and inflation falling towards central bank targets. However, this robust overall performance masks significant differences across regions and countries, and is surrounded by important downside risks and uncertainties. More specifically, there are increasing risks related to rising trade tensions and protectionism, a possible escalation of geopolitical conflicts, and challenging fiscal policies in some countries.

 Call Today! Click to see Details.