Brazil should grow 2.2% in 2025, says World Bank

by Andrea
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Growth will be lower than estimated for the global economy (2.7%); World Bank revised its projection for 2024 from +2.8% to +3.2%

The World Bank maintained its estimate for the growth of the Brazilian economy in 2025 at 2.2%. Here is the full text (PDF – 284 kB) and the one on Latin America (PDF – 180 kB).

The international entity increased the projection for the increase in Brazil’s GDP (Gross Domestic Product) in 2024 from 2.8% to 3.2%. For 2026, the World Bank’s outlook is for growth of 2.3%.

The statement said that emerging economies drive 60% of global economic growth, but that they are expected to end the 1st quarter of the 21st century with “lowest growth outlook”. And he added: “Even as the global economy stabilizes over the next 2 years, developing economies are expected to make slower progress towards the income levels of advanced economies.”.

The global economy is expected to grow 2.7% in 2025 and 2026. It will be the same pace as in 2024, according to the World Bank. “In developing economies, growth should also remain stable over the same period: around 4%. However, this would be a lower result than before the pandemic — and insufficient to ensure the progress needed to reduce poverty and achieve broader development goals.”he declared.

The international entity declared that, in 2024, new global restrictions on trade were 5 times higher than the average from 2010 to 2019. Therefore, general economic growth fell from 5.9% in the 2000s to 5.1% in the last decade. 2010 and to 3.5% in the 2020s.

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