According to the report of the Organization for Economic Co-operation and Development (OECD), in 2024, the world economy will give us a better-than-expected result. In addition, the forecast includes the growth of the US economy by 2.1% in 2024, and in 2025 – by 1.7%. In 2024, China’s growth is expected to slow down from 5.2% to 4.7%.
According to the new OECD forecast, the Eurozone economy will grow by 0.6% in 2024 and by 1.3% in 2025. “Strict credit conditions are likely to limit economic activity in the Eurozone area in the near term,” the organization said in a report. As for the UK’s GDP growth forecast, this and next years will be at 0.7% and 1.2%.
By Mariam Mtivlishvili
