NEW YORK : In its latest assessment, the UN said global growth remains under pressure despite signs of stability in major economies. While growth is projected to edge up to 2.8 per cent in 2025 and 2.9 per cent by 2027, it would still fall well below the 3.2 per cent average recorded between 2010 and 2019, before the COVID-19 pandemic disrupted global markets.
UN Secretary-General Antonio Guterres cautioned that the world is entering a more fragile economic phase. “A combination of economic, geopolitical and technological tensions is reshaping the global landscape, generating a new state of economic uncertainty and social vulnerability,” he said.
According to the UN’s World Economic Situation and Prospects report, growth across Europe, Japan and the United States is expected to remain broadly stable, offering limited momentum to lift global output.
In Africa, however, modest gains are projected, with growth expected to rise from 3.9 per cent in 2025 to 4 per cent in 2026 and 4.1 per cent in 2027. Despite this outlook, the report warned that high debt levels and climate-related shocks continue to pose serious risks, particularly for developing economies.
The UN's latest report highlights a subdued global economic outlook, with growth projected to rise slightly to 2.8% by 2025 and 2.9% by 2027, still below pre-pandemic levels. Secretary-General Antonio Guterres warns of increased economic uncertainty due to geopolitical and technological tensions, while high debt and climate risks threaten developing economies.