Phnom Penh (FN), Jan. 10 – The world economy is projected to reach $115 trillion in 2025, with the US ($30.3 trillion) and China ($19.5 trillion) maintaining their positions as the top two economies, jointly making up 43% of global GDP.
Germany ($4.9 trillion) surpassed Japan ($4.4 trillion) in 2024 to become the third-largest economy, while India ($4.3 trillion) overtook the UK ($3.7 trillion) in 2020 for fifth place. By 2028, India is expected to surpass Japan and Germany, climbing to third.
Other shifts include Australia overtaking Spain for 13th in 2025 and Brazil entering the top eight by 2028. The IMF forecasts 3.2% global growth, driven by easing inflation and rate cuts, despite ongoing geopolitical risks like Russia’s invasion of Ukraine, the Israel-Palestine conflict, and Syria’s recent political upheaval.
This article was originally published on Voronoiapp.
=FRESH NEWS