📉 World Bank Cuts 2025 Global GDP Growth Forecast!
According to BlockBeats, the World Bank has revised its 2025 global GDP growth estimate down by 0.4%, now projecting a growth rate of just 2.3% — the lowest in 5 years and the weakest in 17 years (excluding 2008 & 2020).
🇺🇸 U.S. Growth Slows:
The U.S. economy is now expected to expand by only 1.4% in 2025, down from a previous forecast of 2.3%.
📊 Over the first 7 years of the 21st century, average global growth is estimated at just 2.5%, marking the slowest decade since the 1960s.
🌍 Global Outlook Worsens:
Forecasts have been downgraded for ~70% of economies, signaling broader economic challenges ahead.
#Economy2025 #SlowGrowth