The International Monetary Fund (IMF) has lowered its global growth forecast for 2025 to 2.8 percent, down from 3.3 percent in its January estimate, pointing to evolving trade dynamics, rising policy uncertainty, and cooling momentum across several economies.
In its April 2025 World Economic Outlook, the IMF said most countries are expected to grow at a slightly slower pace than previously projected. While it described the current environment as “a critical juncture” for the global economy, the IMF emphasized that proactive policy coordination could mitigate downside risks.