Economic activity surprises markets to the upside: According to a preliminary reading, GDP growth edged up to 4.5% year on...
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Live Global GDP Growth Forecast
Last updated 28 July 2025
Current 2025 Global GDP Growth Consensus Forecast
2.39
+0.01 pp
30 days ago
The FocusEconomics World GDP Consensus Forecast is based on 3,500 individual projections for GDP growth across 198 countries.
Global GDP Forecast Evolution
The latest FocusEconomics Consensus forecasts World Real GDP growth at 2.39% in 2025. During the latest week, panelists raised the 2025 growth forecast by 0.02 percentage points, reflecting a stronger outlook for China, Ireland, Israel, Taiwan, and the United States. On the other hand, downgrades for Brazil, France, Korea, Switzerland, and the United Kingdom partially offset the upgrade.
Global GDP Forecast Revisions
During the last week, China and United States recorded the largest upward revisions to their 2025 real GDP growth among G20 economies, with FocusEconomics panelists raising their projections by 0.03 percentage points for both countries. Russia followed with an upward revision of 0.01 percentage points. Conversely, France and Korea saw the sharpest downgrades, with 2025 growth forecasts cut by 0.01 percentage points for both countries.
Latest GDP News
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Malaysia: Economy edges up more than expected in the second quarter
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China: GDP growth loses steam in Q2 but beats expectations
GDP reading: GDP growth moderated to 5.2% year on year in the second quarter from 5.4% in the first quarter...Read more
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Singapore: Economic growth accelerates in the second quarter
Stronger-than-expected GDP growth in Q2: According to an advanced estimate, year-on-year GDP growth accelerated to 4.3% in the second quarter...Read more
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Guatemala: GDP growth moderates in Q1
Economic momentum lost in Q1: Annual GDP growth lost momentum in the first quarter of this year, easing to 3.9%...Read more
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6500
Total Individual Forecasts
368
Participating Institutions
39
Commodities Forecasts
198
Countries Covered
Frequently Asked Questions
The global GDP forecast for 2025 is the latest FocusEconomics Consensus forecast for the real variation (the variation adjusting for price changes) in the total value of all globally-produced goods and services in 2025 compared to the prior year.
The global GDP forecast is updated daily, in order to ensure that the forecast always reflects the latest available data. Data is not updated on weekends and public holidays in Spain.
The global GDP forecast is the weighted average of the GDP growth forecasts for the 198 countries FocusEconomics covers, updated daily. The weighted average is calculated by accounting for each country’s nominal GDP measured in USD dollars at market prices.
368 institutions currently contribute to the world GDP forecast. These institutions are both public and private, and include think tanks, national and global banks, consultancy firms, and global public bodies such as the IMF and the World Bank.
The depth of the panel—with hundreds of contributing institutions—combined with daily forecast updates makes the global GDP growth projections timely as well as accurate. Moreover, every individual forecast from a contributing institution undergoes rigorous quality control checks from our in-house team of economists and data analysts before being incorporated into the global projection.
Multiple factors influence the global economic outlook. Chief among them are government and central bank policies (tax and spending measures, structural reforms, interest rate changes, etc), geopolitical developments (trade agreements, conflict, etc), the rate of technological change, and natural disasters.
The global GDP forecast for 2025 is notably lower than past years, and looks set to be the worst since 2020, at the height of the Covid-19 pandemic. This is a result of global trade tensions and a slowdown in China’s economic growth potential; China had in past years been a significant contributor to global growth.