The United Nations on Thursday raised its growth forecast for the global economy this year, anticipating a boost to investment as central banks continue to lower their key interest rates.

The United Nations says the world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025

It has projected a slight improvement in growth for least developed countries (LDCs) in 2025, slower global growth than the pre-pandemic average of 3.2%, and a fall in global inflation from 4% in 2024 to 3.

Global economic growth is projected to remain at 2.8 per cent in 2025, unchanged from 2024, according to the United Nations flagship report, World Economic Situation and Prospects (WESP) 2025, released today.

The world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8 percent in 2025, the United Nations said Thursday.

China and the United States remain as the world’s two largest economies. The former is expected to maintain strong growth of 4.8 per cent during 2025, while the US economy is expected to slow from 2.8 per cent to 1.9 per over the year, after outperforming expectations in 2024, the report says.

Australian consumer price inflation crept up from three-year lows in November as electricity costs jumped, but a drop in core inflation still bolstered the case for a cut in interest rates as early as next month.

The UN estimates that the country's GDP growth will fall to 5.4% in 2026. Turkmenistan's GDP grew 6.3% in 2024. Average annual inflation in Turkmenistan slowed to 8% in 2024 from 9.1% in 2023, according to UN experts. The UN forecasts that average annual inflation will fall to 6.8% in 2025 and to 5.4% in 2026.

The Moldovan Economy Ministry forecasts that the country's GDP will grow 2.5%-3% in 2025. Economic growth stood at 0.6% in January-September 2024.

Global economic growth is projected to remain at 2.8% in 2025, unchanged from 2024, held back by the top two economies, the U.S. and China, according to a United Nations report released on Thursday.

With risks stemming from geopolitical conflicts, rising trade tensions and elevated borrowing costs in many parts of the world, a report by the United Nations (UN) has revealed that global economic growth is projected to remain at 2.

The Indian economy grew by 6.8% in 2024 and is forecast to expand by 6.6% in 2025. The Indian economy is projected to return to the 6.8% growth in 2026.