The world economy weathered conflict and inflation last year and is expected to grow by 2.8 percent in 2025, the United Nations (UN) said.
UN economists wrote in a report this year that their positive forecast was driven by strong, albeit slowing, growth forecasts for China and the United States and strong performance projected for India and Indonesia.
The European Union, Japan and the United Kingdom are expected to see modest recoveries, the document said.
The report also said the U.S. economy beat expectations last year, boosted by consumer and public spending, but growth is expected to slow from 2.8 percent to 1.9 percent this year, the AP reported.
UN economists point out that China’s economic growth has slowed from 4.9 percent in 2024 to 4.8 percent in 2025 due to lower consumption and weakness in the real estate sector, which are failing to offset public investment and strong exports.
