CEOWORLD magazine is excited to share some positive news about global economic growth in 2025! Our team of economists believes that the United States is going to greatly exceed expectations, while the euro area might face some challenges due to new tariffs expected with the incoming Trump administration.
Globally, we’re looking at an impressive GDP growth of 2.7% on average for the year, which beats the forecasts from economists surveyed by Bloomberg and matches the growth we expect for 2024. In the US, we’re projecting a solid 2.5% increase in GDP, well above the consensus estimate of 1.9%. On the flip side, the euro area is anticipated to grow at a more modest rate of 0.8%, slightly below the expected 1.2%.
For the third year in a row, it seems the US economy is on track to outshine other developed markets! With President Donald Trump likely to continue his term, we can look forward to potential changes such as increased tariffs on China and imported cars, a reduction in immigration, new tax cuts, and some regulatory easing—all of which could really boost our economic momentum. Exciting times ahead!
Real GDP growth forecasts (% change, Year over Year)
| Economy | 2024 | 2025 | 2026 |
|---|---|---|---|
| India | 6.70% | 6.30% | 6.70% |
| China | 4.90% | 4.50% | 4.00% |
| Russia | 3.50% | 1.20% | 2.10% |
| Brazil | 3.10% | 2.00% | 2.30% |
| Spain | 3.00% | 2.00% | 1.50% |
| US | 2.80% | 2.50% | 2.30% |
| World | 2.70% | 2.70% | 2.60% |
| France | 1.10% | 0.70% | 1.00% |
| Canada | 1.10% | 1.90% | 2.00% |
| UK | 0.90% | 1.30% | 1.30% |
| Euro Area | 0.80% | 0.80% | 1.00% |
| Italy | 0.50% | 0.60% | 0.90% |
| Germany | -0.10% | 0.30% | 0.80% |
| Japan | -0.20% | 1.20% | 1.10% |
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