International Economic Conditions

Recent and projected changes in economic growth for the global economy and major overseas destinations.Ìý

World Economic Growth - annual per cent change in real GDP
IMF World Economic Outlook

Ìý 2023 2024a 2025a
United States 2.9 2.8 2.2
Euro Area 0.4 0.8 1.2
United Kingdom 0.3 1.1 1.5
Japan 1.7 0.3 1.1
ÐÓ°ÉÖ±²¥ 2.0 1.2 2.1
China 5.2 4.8 4.5
India 8.2 7.0 6.5
ASEAN-5b 4.0 4.5 4.5
World 3.3 3.2 3.2

Note:Ìý aÌýIMF projections.
ÌýÌýÌýÌýÌýÌýÌýÌýÌý b ASEAN-5 composed of Indonesia, Thailand, Philippines, Malaysia and Vietnam.
Source:Ìý,Ìý, October 2024.