Blog Archive

Monday, June 3, 2024

International Monetary Fund Projections 2024, 2025

 BRICS AND ASIA CONTINUE EXPANSION

EURO AREA WEAKEST REGION



The International monetary fund issued its revised guidelines for the years 2024, 2025 in April. The history of these predictions seem to have been pretty accurate, barring any major disruptions in a region. 

                                     2024                  2025
India                              6.8%                  6.5
China                             4.6                     4.1
Russia                            3.2                     1.8
U.S.                                2.7                     1.9
Germany                          .2                     1.3
Japan                                .9                     1.0

Euro area                         .8                      1.5
Emerging Asia               5.2                      4.9
Sub Saharan Africa        3.8                      4.0

World projections are pretty good, except for the Euro region. Asia and Africa could actually be much better and the Euro and U.S. could be less than expected due to energy shortages and costs of Ukraine war. Increasing sanctions can be expected to cause disruptions that are not always predictable.

No comments:

Post a Comment

comments and opinions published at discretion of editor